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Fayoum 5 Exploration Well Findings Indicate Potential Natural Gas Discovery by bp in Mediterranean

Egypt Oil & Gas

The initial results of the Fayoum 5 exploration well located in North Alexandria, which is in the west of the Mediterranean, showed the presence of a gas-bearing layer, and electrical recordings are being made in the coming days.

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Canacol Aims to Grow Reserve Base in 2025

Rigzone: News

Canacol said it plans to drill 11 exploration wells and three development wells in the Lower Magdalena Valley Basin this year.

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Equinor announces gas discovery in the Norwegian Sea

Oilfield Technology

Equinor and its partners, Okea and Pandion Energy, have proven gas and condensate in the Mistral Sr exploration well in the Halten area, situated in the southern part of the Norwegian Sea.

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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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ReconAfrica Advances Namibia's Energy Prospects with Successful Drilling of Naingopo Well

Energy Central

ReconAfrica has achieved a major milestone in its exploration efforts in Namibia with the successful drilling of the Naingopo exploration well on Petroleum Exploration License 73 (PEL 73).

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. Negotiations are underway with ExxonMobil and Chevron to boost exploration.

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Oman Signs EPSA with OQEP, Genel Energy to Boost Hydrocarbons in Block 54

Egypt Oil & Gas

The initial phase of the agreement, set to last three years with investments reaching up to $25 million, will include the execution of advanced 3D seismic surveys, the drilling of new exploration wells, and the re-evaluation of existing wells.