Lebanon will sign a gas exploration deal with a consortium comprising QatarEnergy, TotalEnergies and Italy's Eni in the country's Block 8 offshore area, the Lebanese cabinet said on Thursday.In 2023, Lebanon granted a licence to conduct seismic studies on Block 8 to Bright Skies and GeoX…
ConocoPhillips has identified probable gas across all targeted Waarre sandstone reservoirs at its Charlemont-1 exploration well in Australia’s Otway Basin, resuming drilling after an earlier pressure-related pause before suspending operations again due to higher-than-anticipated formation pressures…
As offshore wind rises to meet ambitious climate goals, balancing the need for infrastructure with maintaining biodiversity has become a pressing challenge. One innovative, recent example is the installation of the UK’s first nearshore artificial nesting structures…
An offshore gas exploration well operated by ConocoPhillips Australia has intersected unexpected gas in the Otway Basin off southeastern Australia, prompting a temporary pause in drilling while partners assess changes to the well design.The Charlemont-1 exploration well…
Petronas has completed drilling of the Caiman-1 exploration well in Block 52 offshore Suriname, marking the first well in its four-well 2025–2026 drilling campaign in the block.The Caiman-1 well was spudded on July 21, 2025 and safely plugged and abandoned on December 6…
SK Earthon, the energy resource development unit of SK Innovation, has acquired a 34% stake in the North Ketapang exploration block offshore Indonesia, expanding its upstream presence in Southeast Asia.The stake was acquired from Petronas North Ketapang…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a major oil discovery in the Bohai Sea, dubbed Qinhuangdao 29-6, adding over a 100 million tons of oil equivalent in-place.The oil property at the Qinhuangdao 29-6 oil field is medium-heavy crude…
Subsea7 has secured a sizeable contract by LLOG Exploration Offshore for the Buckskin South Expansion project in the Gulf of America.The Buckskin field is located approximately 305 kilometres off the coast of Texas, in the United States.The…
Viridien has successfully completed the BM-S-2 seismic reimaging project in the southern Santos Basin, delivering a modern, high-fidelity 3D dataset across 8,468 sq km to support growing exploration activity in one of the most strategic, emerging offshore regions of Brazil…
Offshore seismic services firm Shearwater Geoservices has finalized the preparations for the upcoming start of a new multi-client seismic project offshore Nigeria.The 3D survey is backed by significant industry funding and will be executed in…
Odyssey Marine Exploration, Inc., a U.S.-based ocean exploration and marine resource development leader, received news that the Bureau of Ocean Energy Management’s (BOEM), a department of the U.S. Department of Interior (DOI), has initiated…
Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy and Namibia's national oil company Namcor.Shell's Namibia country chair Eduardo Rodriguez said…
Following receipt of North Sea Transition Authority (NSTA) consent for change of control, Serica Energy has completed the acquisition of Prax Upstream (PUL) from Prax Exploration & Production.Serica has settled the consideration of £14.5 million ($18…
The Australian government on Thursday released its first package of offshore oil and gas acreage for bidding since 2022.All five areas are in the Otway Basin offshore Victoria state in Commonwealth waters and come a day after the Victorian government…
BP, Chevron and Shell were among the top bidders on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U…
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