Chevron and EGAS have signed an agreement covering at least $88 million of investment for two exploration wells and 3D seismic reprocessing in Egypt’s offshore Lotus area.
Bounty Oil & Gas has agreed to acquire PetroQuest Liberia Deep Water, giving it exclusive rights to negotiate a PSC for Block LB-32 in Liberia’s deepwater Harper Basin.
ONGC has struck gas at MDW-28, the first well in its current deepwater drilling campaign in the Mahanadi Basin off Odisha.
bp has agreed terms for Shell to acquire stakes in the Tupinambá block offshore Brazil and the Conifer prospect in the deepwater US Gulf of Mexico, with bp remaining operator.
ONGC has started drilling the MN-DW18-1-H-D well in the Mahanadi Basin, launching a deepwater exploration campaign approximately 23 nautical miles off Konark on India’s Odisha coast.
Petrobras has confirmed a gas discovery at the Sandia-1 exploration well, located 42 km offshore Colombia in a water depth of 1,251 m. The detected gas intervals are under evaluation.
Talos Energy is advancing offshore activity in the Gulf of America with drilling work underway at Monument and an appraisal well planned at Daenerys in 2026.
Petrobras has reported a new hydrocarbon discovery in block C-M-477 in Brazil’s pre-salt Campos Basin, with laboratory analysis set to assess reservoir conditions and fluid characteristics.
Türkiye has launched its first overseas deepwater drilling campaign in Somalia, with Çağrı Bey heading to the CURAD-1 well for a 288-day program targeting 7,500 m total depth.
