PRIO Produced First Oil at the Pre-Salt Wahoo Field in Brazil
The Brazilian company PRIO, previously known as PetroRio, has produced first oil at the offshore Wahoo field in Brazil. This was reported by the company’s press service. The pre-salt Wahoo field is located in the Campos Basin, approximately 19 miles (30 km) north of the producing Frade field and 150 …
New JV of BP and XRG Prepares for Exploration Activities in Egypt
Arcius Energy, a joint venture of the British BP and XRG (a division of the Abu Dhabi National Oil Company, ADNOC), is preparing to drill the first of two key exploration wells on the continental shelf of Egypt. This was reported by the company’s press service. The exploration programme will …
Greece Moves to the Second Stage of Hydrocarbon Exploration in the Ionian Sea
A consortium of companies including Energean, ExxonMobil, and HELLENiQ ENERGY has notified the regulator of its intention to continue work under the Block 2 concession.This was reported by the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA). During the first phase of the project, exploration activities were carried out, including …
Petrobras Discovered a New Gas Field in Colombia
The Brazilian company Petroleo Brasileiro SA (Petrobras) has discovered a new natural gas field on the continental shelf of Colombia.This was reported by the company’s press service. The discovery was made during the drilling of an exploration well within the deepwater block GUA-OFF-O. The Copoazu-1 well is located approximately 36 …
Russian Geologists Assessed the Prospects of AI Implementation in Exploration
The introduction of artificial intelligence (AI) in Russian geological exploration is transforming the industry, as it is used as a powerful tool that helps optimize processes and, in the future, will improve the accuracy of forecasts in exploration activities. However, key decisions must remain with humans, RIA Novosti was told …
Equinor Discovered Oil Deposits in the Barents Sea
The Norwegian company Equinor has discovered new oil deposits in the Polynya Tubåen subsoil area in the Barents Sea. This was reported by the company’s press service. The new discovery was made during the drilling of exploration well 7220/7-5, located 16 km southwest of well 7220/8-1 at the Johan Castberg …
Eni Discovered Two New Gas Fields Offshore Libya
The Italian company Eni has discovered two new natural gas fields on the continental shelf of Libya.This was reported by the company’s press service. The discoveries were made during the drilling of two wells — B2-16/4 and C1-16/4 — on adjacent geological structures Bahr Essalam South 2 (BESS 2) and …
Eni Discovered New Gas Deposits in Libya
The Italian energy company Eni has discovered new gas deposits in Libya, according to the company’s press release. “As a result of an exploration campaign launched in recent months, Eni has discovered two new gas fields in Libya,” the statement said. It is noted that the company drilled two wells …
RN-Uvatneftegaz Replenished Hydrocarbon Production by 109% in 2025
RN-Uvatneftegaz (part of the oil production complex of Rosneft Oil Company) increased its hydrocarbon reserves by 12 million tons of oil equivalent in 2025, replenishing production by 109%. The reserve growth was ensured by successful geological exploration activities and re-evaluation of resources at producing fields. Reserves of the new Yuzhno-Keumskoye …
Rosneft Opened an Onshore Drilling Competence Center at Tyumen Industrial University
Rosneft has opened an Onshore Drilling Competence Center at Tyumen Industrial University. The new unique training platform provides opportunities for comprehensive training of specialists in drilling and well workover. The Center includes five specialized classrooms equipped with modern Russian simulator systems. The equipment simulates real drilling conditions and fully reproduces …