Exploration & Development

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offshore rig
April 18, 2025
The 11th National OCS program will replace the current 10th Program (2024–29), which includes only three oil and gas lease sales over 5 years—all in the Gulf, Burgum said in a...

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March 31, 2025
CNOOC Ltd. discovered oil in the Huizhou 19-6 oilfield in the deep and ultra-deep plays in the eastern South China Sea in 100 m of water.
Map from Petrobras.
Petrobras, North Brava block, offshore Brazil
March 31, 2025
Petrobras discovered hydrocarbons in an exploratory well in North Brava block in the Campos basin presalt, 105 km off the coast of the state of Rio de Janeiro in 575 m of water...
March 31, 2025
Woodside Energy has let a drilling contract to energy technology company SLB for the ultra-deepwater Trion development project in the Gulf of Mexico.
Map from bpTT
bpTT Ginger operations, offshore Trinidad
March 28, 2025
bp Trinidad and Tobago has sanctioned the Ginger gas development offshore Trinidad and has encountered stacked gas reservoirs at its Frangipani exploration well.
March 26, 2025
Shell has let contracts for the Gato do Mato development in the Santos basin presalt offshore Brazil.