Exploration news
Denmark to end exploration and production by 2050
Denmark has cancelled its latest licensing round and put an end date of 2050 on all oil and gas exploration and extraction in the North Sea.
Equinor drills dry well in Barents Sea
The well was drilled about 100 km southwest of the Snøhvit field.
Chevron makes cuts to capital budget
Chevron has cut billions off its long-term capital and exploratory budget after a major restructuring of its operations.
PGS resuming Campos Basin seismic survey in December
The survey will provide the first 3D seismic data over blocks offered in Brazil's 17th Bidding Round, now scheduled for October 2021.
ADNOC awards $519 million contract for expansion of world’s largest 3D seismic survey
The contract was awarded to BGP Inc., a subsidiary of China National Petroleum Company (CNPC).
CGG and Magseis Fairfield complete North Sea's largest ever OBN survey
First images from the OBN Cornerstone 2020 multi-client survey are being made available in early 2021.
Shearwater awarded OBN 4D baseline survey by Petrobras
The survey will take place over the Jubarte field in the Campos Basin.
Maersk Drilling to carry out two-rig Suriname campaign for Total
The conditional letter of award is for an exploration and appraisal project in Suriname’s Block 58.
NPD announces 25th licensing round
The licensing round encompasses 136 blocks in the Norwegian Sea and the Barents Sea.
PTTEP awards CGG seismic reprocessing contracts
CGG will conduct merged reprocessing of surveys from many vintages, including towed-streamer and OBC seismic data from offshore Sabah and Sarawak, Malaysia.