Exploration news

PETRONAS and its petroleum arrangement contractors recorded 19 exploration discoveries and two exploration-appraisal successes, contributing over 1 billion boe of new resources for Malaysia in 2023.

Kosmos Energy has announced an oil discovery in the U.S. Gulf of Mexico at the Tiberius exploration well. Kosmos is operator of the well and has a 33.34% working interest alongside Occidental and Equinor ASA (both 33.33%).

QatarEnergy has been awarded a new exploration block offshore the Arab Republic of Egypt as part of the 2022 EGAS International bid round.

The well was drilled by the ‘Deepsea Stavanger’ drilling rig, about 25 km southwest of the Oseberg field in the North Sea and 150 km west of Bergen.

Zion Oil and Gas has announced that the State of Israel has awarded Zion a new exploration license, named the Megiddo Valleys 434.

Orcadian has entered into a non-binding Heads of Agreement (HoA) with a North Sea operator (the Operator), which details a potential farm-out of the Pilot development project.

Cheiron has announced a new oil discovery near the GNN oil field in the Gulf of Suez.

Global has announced that it has been granted approval to proceed with next stage in Namibian basin.

Trillion energy has announced farm-in agreement for three oil exploration blocks in southeast Turkey.

OMV have announced a new gas discovery in Austria, representing the country’s largest natural gas discovery in 40 years.