Discoveries & Exploration

Pakistan new gas discovery Sindh has been confirmed by the Oil and Gas Development Company Limited (OGDCL) with a fresh hydrocarbon find at the Faakir‑1 exploratory well in the Kharo block, Sindh. This marks a significant step in Pakistan’s upstream exploration and boosts domestic energy security. OGDCL successfully drilled the Faakir‑1 well to a depth […]

In a significant development for the global energy sector, Zhongman Petroleum and Natural Gas Group (ZPEC), a Shanghai-listed Chinese oil and gas company, has won a key natural gas exploration license in Algeria. The Zerafa II gas block, located in the Gourara-Timimoun basin, was awarded to ZPEC by ALNAFT — Algeria’s National Agency for the

BP, in partnership with SOCAR and TPAO (Türkiye), has taken another major step forward in Azerbaijan by securing new interests in major Caspian Sea oil and gas blocks. Announced during Baku Energy Week, this multi-stakeholder agreement highlights BP’s continued confidence in the region’s long-term hydrocarbon assets Big Names, Bigger Moves What It Means for Production

Oil and Natural Gas Corporation (ONGC) has announced significant new oil and gas discoveries in the Mumbai Offshore basin, adding fresh momentum to India’s domestic energy exploration efforts. The discoveries, named Suryamani and Vajramani, were made in offshore blocks awarded under the Open Acreage Licensing Policy (OALP) — a strategic initiative by the Indian government

A new report from the U.S. Geological Survey (USGS) has shed light on major untapped hydrocarbon potential in the Mowry Composite Total Petroleum System, spanning parts of Southwest Wyoming and Northeast Colorado. According to the assessment, the region holds an estimated 473 million barrels of undiscovered, technically recoverable oil and approximately 27 trillion cubic feet

Perenco has announced a promising new natural gas discovery in the Onyx field, located offshore Trinidad and Tobago, marking a notable development for the region’s energy sector. The well, drilled in the eastern portion of the Onyx field, encountered significant gas columns in two separate geological compartments, according to Perenco T&T, the operator of the