exploration - eriinfo

InterSystems Launches Data Studio AI Assistant to Accelerate Enterprise Data Exploration and Insights

eriinfo.com1 week ago03 mins

InterSystems, a creative data technology provider powering some of the world’s most important applications, today announced the general availability of InterSystems Data Studio™ AI Assistant, a new generative AI-powered extension for InterSystems Data Studio that helps organizations more easily understand, navigate, query, and visualize data through natural language interactions. As organizations move from AI experimentation…

Africa

Africa: Nigeria, Sao Tome Reignite Oil Exploration Drive On Abandoned Coastal Acreage

eriinfo.com3 months ago04 mins

More than 20 years after an unsuccessful attempt to record a commercial oil discovery within the Nigeria-Sao Tome & Principe Joint Development Zone (JDZ), the two countries are calling for willing investors, particularly independent producers in Nigeria, to go into aggressive search for hydrocarbon in the ultra-deep frontier basin. The Nigeria-Sao Tome & Principe Joint…

Africa

Africa: Namibia’s Orange Sub-Basin Leads Africa With 60% Exploration Success Rate

eriinfo.com10 months ago02 mins

The Namibian portion of the Orange Sub-basin has recorded a 60% success rate for high-impact wells since 2022, well above the 16% average across other African frontier basins, according to the African Energy Chamber. The chamber notes that 12 high-impact wells drilled in Namibia during this period resulted in discoveries, reflecting a technical success ratio…

Shell’s Orange Basin oil and gas exploration faces legal hurdle

eriinfo.com12 months ago08 mins

An oil and gas rig. PHOTO/AEC By SPECIAL CORRESPONDENT [email protected] Shell’s plans to explore for oil and gas in South Africa’s Orange Basin, recently granted environmental authorization to drill up to five deepwater wells, now faces a court appeal from environmental groups and coastal communities. While legal challenges are a natural part of democratic governance,…

BP CEO hails exploration discovery boon after surprise profit beat

eriinfo.com12 months ago03 mins

Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images Britain’s BP on Tuesday posted stronger-than-expected second-quarter profit, following a period of heightened volatility for global oil and gas prices. The struggling energy major reported underlying replacement cost profit, used as a proxy for net profit, of $2.35…