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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.

Noreco reduces ownership in Xana licence
15 Jan 20151 min read

Noreco reduces ownership in Xana licence

Norwegian Energy Company ASA is reducing its ownership in licence 9/95 on the Danish continental shelf from 20.1% to 16%.

Statoil hands back 3 Greenland exploration licenses
15 Jan 20152 min read

Statoil hands back 3 Greenland exploration licenses

Norway's Statoil handed back three out of its four Greenland offshore oil and gas exploration licenses.

BP set for North Sea job losses
15 Jan 20154 min read

BP set for North Sea job losses

BP is set to announce plans for significant job cuts to staff in its North Sea operations later today, according to several news reports.

Crude oil export benefits
15 Jan 20152 min read

Crude oil export benefits

The benefits of exporting crude oil from the US, in a nutshell, as presented by Ryan Lance, ConocoPhillips CEO and Chairman.

West Franklin Phase 2 brought on stream in the North Sea
15 Jan 20151 min read

West Franklin Phase 2 brought on stream in the North Sea

Total has started gas and condensate production from the West Franklin Phase 2 project in the Central Graben area of the UK North Sea.

Russia looks to Asia to ease oil and gas industry pressures
15 Jan 20152 min read

Russia looks to Asia to ease oil and gas industry pressures

External pressures on Russia’s oil and gas industry have compelled the country to seek partnerships with Asia-based companies.

Pacific Rubiales provides revised 2015 guidance
15 Jan 20154 min read

Pacific Rubiales provides revised 2015 guidance

Revised 2015 guidance: reducing costs while maintaining growth and balance sheet integrity.

Pro US crude exports
15 Jan 20153 min read

Pro US crude exports

Ryan Lance, CEO and Chairman of ConocoPhillips has spoken in favour of US exports of surplus crude oil.

API: Additional regulations on methane are unnecessary to continue lowering emissions
14 Jan 20152 min read

API: Additional regulations on methane are unnecessary to continue lowering emissions

New regulations on methane proposed by the Obama administration could disrupt America’s energy renaissance

OMV aims to boost Yemen output to 30 000 bpd
14 Jan 20151 min read

OMV aims to boost Yemen output to 30 000 bpd

Austrian energy group OMV wants to boost its oil output from Yemen by half if conditions allow.

Pump market to exploit E&P activities in global oil and gas industry
14 Jan 20152 min read

Pump market to exploit E&P activities in global oil and gas industry

Analysis from Frost & Sullivan finds that the market earned revenues of about US$10 billion in 2013 and estimates this to reach more than US$14 billion in 2020.

Enhanced Bakken Supply Chain Initiative
14 Jan 20153 min read

Enhanced Bakken Supply Chain Initiative

Williston Economic Development has launched the Enhanced Bakken Supply Chain Initiative to reduce costs and increase efficiencies for Bakken operators.

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