Equinor Makes Sixth Norwegian Oil Discovery of 2021

The discovery, just north of the Tyrihans Field and west of the Kristin development in the Norwegian Sea, was the state-controlled firm's sixth find in domestic waters this year, Equinor said.

November 1, 2021


Norway to Continue Search for Oil, Gas, Incoming Government Says

Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature regions of its oceans, the incoming government said on Oct. 13.

October 13, 2021

Field Development , Discoveries , International , Health, Safety & Environment

EU To Seek Ban on Oil, Gas Exploration in the Arctic

The European Commission proposal reflects the EU's efforts to boost its role on the global stage, though it has limited influence in the Arctic.

October 13, 2021


Exxon Mobil Raises Resource Estimate at Guyana's Stabroek Block

Hess CEO John Hess said he sees "multibillion barrels of additional exploration potential remaining on the block."

October 7, 2021


CNOOC Makes Giant Oilfield Discovery in Bohai Bay

The appraisal well was tested to produce approximately 569 barrels of oil per day.

September 30, 2021

Discoveries , Energy Transition , Subsea , Seismic

Offshore Exploration: How to Swim, Not Sink

In this roundtable, offshore experts provide insights on how new technologies are opening the door to a new era of productivity and efficiency in offshore exploration.

September 14, 2021

Public Capital , Discoveries , Energy Transition , Shale Plays , Technology

Hess CEO Says Energy Transition Will ‘Take Time, Cost a Lot of Money’

As the world transitions toward a low-carbon future, oil and gas companies must invest in high-return, low-cost opportunities, said John Hess, CEO of U.S oil major Hess Corp.

September 10, 2021

Field Development , Discoveries , Deepwater

Exxon Mobil Expands Offshore Guyana Resource with New Pinktail Oil Find

Exxon Mobil also announced the Liza Unity FPSO vessel to be utilized for the Liza Phase 2 development set sail from Singapore to Guyana in early September.

September 9, 2021


Eni Makes Giant Oil Discovery Offshore Ivory Coast

Eni is one of Africa’s biggest foreign oil and gas producers with prize assets in Libya, Nigeria and Angola. It is developing two bumper gas discoveries in Mozambique and Egypt.

September 1, 2021


BW Energy Makes Oil Discovery Offshore Gabon

Gabon is said to be the fourth-largest producer and exporter of crude oil in sub-Saharan Africa.

August 25, 2021