As the world transitions to cleaner energy, exploring frontier areas remains essential to sustaining the energy supply and meeting global demands. Offshore regions, including Brazil, Latin America (Namibia, Suriname, and Uruguay), and Africa, present exciting opportunities for the oil and gas industry. These uncharted territories hold the potential for significant hydrocarbon reserves, making them attractive targets for exploration. Technological advancements and deepwater drilling expertise are crucial in accessing these regions, considered the next frontier for energy development. However, exploration in these areas comes with challenges, including geological complexities, navigating diverse regulatory frameworks, and addressing environmental concerns. Despite these obstacles, the pursuit of new energy sources drives the industry to explore these untapped waters, with the potential for major discoveries that could reshape the global energy landscape. In this panel, industry leaders will discuss innovative approaches to enhance efficiency, mitigate risks, and unlock new opportunities in offshore exploration. Their insights will provide valuable perspectives on overcoming the challenges and harnessing the potential of these frontier areas in the energy transition journey.