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The September/October 2026 issue of Oilfield Technology explores how operators and service companies are responding to a more demanding upstream environment through technology, optimisation and smarter decision-making. Highlights include McKinsey & Company on the growing exploration discovery gap, Halliburton on unlocking bypassed reserves through multilateral technology, and MR Group on continuous BOP assurance, alongside features examining autonomous FPSOs, produced water treatment, H2S scavenging, advanced sealing solutions and the growing role of AI in optimising well and asset performance.

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Home/News/Exploration

Exploration News

Browse the latest exploration news and articles.

Will bargain-basement oil bring forward P&A?
16 Mar 20156 min read

Will bargain-basement oil bring forward P&A?

Not right away, says P&A expert Tom Leeson, though now would be a very good time to start.

John Swinney calls for change to oil and gas taxation
16 Mar 20155 min read

John Swinney calls for change to oil and gas taxation

Action is needed to support the oil and gas sector, according to John Swinney, Scotland’s Deputy First Minister.

Johan Sverdrup contract for power supply from shore
16 Mar 20152 min read

Johan Sverdrup contract for power supply from shore

Statoil has awarded a contract to ABB for land-based power supply to phase 1 of the Johan Sverdrup field development.

Claxton seal new contract
16 Mar 20151 min read

Claxton seal new contract

Claxton awarded new contract for Statoil’s Gina Krog development, offshore Norway.

Rubiales Field Contract not extended
16 Mar 20151 min read

Rubiales Field Contract not extended

Pacific Rubiales and Ecopetrol announce mutual decision not to extend Rubiales Field Contract.

Wärtsilä integrated solution selected
16 Mar 20152 min read

Wärtsilä integrated solution selected

Two new jack-up barges ordered by the NPCC will feature fully integrated Wärtsilä power generation and electrical and automation solutions.

Faroe Petroleum confirms spudding of the Shango exploration well
16 Mar 20152 min read

Faroe Petroleum confirms spudding of the Shango exploration well

The Shango prospect in Licence PL 627 is located in the Norwegian North Sea on the northern part of the Utsira High.

New facility services supplier
13 Mar 20151 min read

New facility services supplier

Statoil has awarded the contract for offshore facility services on the Statfjord and Snorre fields to Coor Service Management.

Oil companies offer to cut 2015 spending in Iraq
13 Mar 20151 min read

Oil companies offer to cut 2015 spending in Iraq

Oil companies have proposed cuts in development spending in Iraq as low oil prices and its fight against Islamic State had made payments difficult.

Heatric wins Bergading heat exchanger contract
13 Mar 20151 min read

Heatric wins Bergading heat exchanger contract

Heatric Ltd has been awarded a contract to supply its unique printed circuit heat exchangers for the Bergading Central Processing Platform.

Chevron reaffirms strategies and priorities
13 Mar 20153 min read

Chevron reaffirms strategies and priorities

Chevron Corporation executives expressed confidence in the long-term energy business and highlighted its growth outlook through 2017.

The UK oil and gas industry is powering through
13 Mar 20154 min read

The UK oil and gas industry is powering through

A Bank of Scotland has said that the oil and gas sector is powering though choppy waters.

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