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Exploration and Licensing in brief

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Welcome to the Exploration and Licensing in brief where we bring you rapid, responsive opinion and analysis of the global upstream subsurface industry. The report provides rolling coverage of events, combined with data, analysis and opinion from our Subsurface experts. We cover industry news spanning prospective and discovered resources, licensing and breakthrough technologies. You can bookmark this report for regular updates.

Table of contents

  • Türkiye boosts its Black Sea bounty with new gas find
  • Greece opens bidding for deepwater blocks following Chevron interest
  • Norway largest-ever APA and parliament push for a 26th round
  • Rhino Resources makes it two from two offshore Namibia
  • Google signs first geothermal PPA in Taiwan
    • BP and Chevron reel in the first GoA discovery of the year
  • Setback for Cyprus as ExxonMobil’s Electra well disappoints
  • Second time lucky - KNOC seeks partners for four new offshore blocks
  • PetroVietnam offers three offshore blocks in 2025 Bid Round
  • Xinjiang new exploration push: Nine blocks up for grabs
  • DNO continues exploration hot streak with Kjøttkake discovery in Norway
  • Sinopec eyes fast-track development in western South China Sea
  • 213 more item(s)...

Tables and charts

This report includes the following images and tables:

  • Greece exploration licenses by operator and Chevrons wider East med positions
  • Capricornus-1X and Sagittarius-1X well locations
  • Global data centres and key partnerships
  • Geothermal power supply by country
  • Wells at Project Red and Cape Station
  • Well costs and drilling days for Project Red and Cape Station
  • Cyprus - ExxonMobil exploration well locations
  • Schematic cross section of the Herodotus sub-basin in Cypriot waters.
  • Location map of Ulleung basin
  • Map of blocks offered under VBR 2025
  • Troll/Fram area discoveries since 2019
  • Location map of Hai-3 well in the Gulf of Tonkin
  • 194 more item(s)...

What's included

This report contains:

  • Document

    Subsurface In Brief Archive.pdf

    PDF 7.42 MB

  • Document

    Exploration and Licensing in brief

    PDF 169.03 MB