Var Energi confirmed a new oil discovery on Norway's side of the Barents Sea, the second discovery in weeks in its ongoing ...

Speaking to reporters following the corporation’s Excellence Award ceremony, Al-Saud revealed that the newly discovered offshore wells—Al-Nukhatha, Al-Jali’a, and Jaza—form an integrated system of ...

The FINANCIAL — Statoil has made an oil discovery in the Geitungen prospect on Utsira High in the North Sea together with partners Petoro, Det norske oljeselskap and Lundin. Exploration well 16/2-12 ...

"This makes 2025 our most successful exploration year since Johan Sverdrup was discovered in 2010. These results are key to sustaining production above 500,000 barrels per day into the 2030s. The ...

Vår Energi has confirmed a new oil discovery close to its Goliat field in the Barents Sea, boosting the overall resource potential of the Goliat Ridge and offering potential for tie-back development ...

Dubai-based upstream operator Dragon Oil has announced a major new oil discovery offshore Egypt’s Gulf of Suez, a development that industry watchers say could underpin its ambition to boost production ...

Annual discovered volumes have fallen from over 20 billion boe in the early 2010s to just 5.5 billion boe in 2024, despite new frontiers emerging. Exploration focus has shifted toward a few prolific ...

Oil and Gas Development Company Limited has announced a major oil and gas discovery at its exploratory well, Baragzai X-01 (Slant), located in the Nashpa Block, Kohat district, Khyber-Pakhtunkhwa on ...

BP (NYSE:BP) on Monday confirmed an oil and gas discovery in Namibia's offshore Orange Basin that African energy explorer and operator Rhino Resources had reported earlier this month, an area where ...