The Brazilian major intends to drill an average of 29 exploratory wells annually by 2020, nearly double the average number of wells drilled in 2016 and 2017.

The offshore industry continues to shine, but without marine seismic, how long can that last?

Africa, BP, oil, exploration, Jasper Peijs

Jasper Peijs, vice president of exploration in Africa for BP, shared insight on the company’s operations across the continent.

ExxonMobil, offshore Guyana, discovery, oil, Turbot

Drilled about 50 km (30 miles) from the play-opening Liza, ExxonMobil said the Turbot-1 well hit 23 m (75 ft) of high-quality, oil-bearing sandstone.