Rejuvenating exploration in the Gulf of Suez through the application of modern wide azimuth OBN seismic technology.

Drilling flat spots in the North Sea, with a minimal CO2 footprint can rejuvenate Dutch offshore sector.

In the UK’s ambitious net zero regulatory context, exploration can make a positive contribution to energy security, emissions reduction, local employment and revenue and tax generation to facilitate and subsidise future renewables growth.

The North Africa region offers huge energy opportunities, but the bottom line is that its social challenges need to be solved.

The Egyptian Oil Ministry began 2022 by concluding its 2021 licensing round which offered three blocks in the Gulf of Suez, twelve in the Western Desert and nine in the Mediterranean Sea.

In February 2022, Strike Energy reported a discovery at South Erregulla - encountering two gas intervals in the Wagina and Kingia sands onshore Australia.

TotalEnergies (with 50% partner APA Corp) announced in late February 2022 that their Block 58 well, Krabdagu-1, is a discovery, encountering ~90m net oil and gas pay.

TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in Block 2913B in the Orange Basin, offshore southern Namibia.

The region of South America and the Caribbean has had a mixed bag of results in oil and gas in the last 12 months or so. We have seen more world class oil discoveries being made, play openers, a return of bid rounds, and slow progress with deal flow.

South America and the Caribbean is currently seeing less licensing activity, at least partially because of the impact of the Covid-19 pandemic on frontier exploration, which has prompted international oil companies to focus on ILX and advantaged oil.

The extended impact of uncertain oil prices, combined with the Covid-19 pandemic and dwindling investor sentiment for hydrocarbons, have resulted in further delays, and in some cases cancellations, of already delayed wildcat wells.

Energy Resources and Norwest Energy have announced a gas discovery at Lockyer Deep-1 in the EP 368 Block in the Perth Basin.

Good news from onshore Timor-Leste: Karau-1, which spudded late October 2021 in Block TL-OT-17-08, was reported in mid-December 2021 as discovering oil and gas.

Hydrocarbon exploration returns to Bangladesh after a hiatus of several years.

Shell has made a ‘significant oil and gas discovery’ at the Graff-1 well offshore Namibia.