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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.

Safety concerns over stretched expertise and materiel supplies in Norwegian O&G sector
29 Oct 20122 min read

Safety concerns over stretched expertise and materiel supplies in Norwegian O&G sector

A lack of spare capacity in manpower and materiel could raise serious safety concerns for the Norwegian oil and gas sector.

UK’s 27th O&G licensing round a success
29 Oct 20121 min read

UK’s 27th O&G licensing round a success

The UK’s 27th O&G licensing round has been deemed a success after 167 licenses covering operations in more than 330 blocks were awarded to oil and gas companies.

Chevron’s Satyr-4 well has confirmed gas pay
25 Oct 20121 min read

Chevron’s Satyr-4 well has confirmed gas pay

Chevron has confirmed that it has discovered 67 m of net gas pay in the Satyr-4 exploration well, potentially providing more resources for the Gorgon LNG project.

Serimax to provide pipeline welding solutions for Petrobras’ Ubarana offshore field
24 Oct 20122 min read

Serimax to provide pipeline welding solutions for Petrobras’ Ubarana offshore field

Serimax has been commissioned to provide welding solutions on pipelines offshore Brazil.

USA on course to become the world’s No.1 oil producer
24 Oct 20122 min read

USA on course to become the world’s No.1 oil producer

If current surging production levels continue, it might not be long before the US replaces Saudi Arabia as the world’s leading oil producer.

Water survey results
24 Oct 20123 min read

Water survey results

As water scarcity grows, a GE survey shows that most Americans strongly support ‘toilet to turf’ water reuse solutions.

Chesapeake Energy Corp. closes sales of Permian Basin assets
23 Oct 20122 min read

Chesapeake Energy Corp. closes sales of Permian Basin assets

Chesapeake has closed the sales of its Permian Basin assets to SWEPI LP, Chevron, and Enervest Ltd for a total of US$ 3.3 billion.

BP agrees deal with Rosneft
22 Oct 20122 min read

BP agrees deal with Rosneft

BP has agreed to sell its shareholdings in TNK-BP and will also acquire an additional shareholding in Rosneft.

Ecuador court orders Chevron asset seizure
17 Oct 20122 min read

Ecuador court orders Chevron asset seizure

As part of an ongoing lawsuit between Chevron and plaintiffs from various Amazonian villages, an Ecuadorian court has ordered the seizure of approximately US$ 200 million worth of company assets.

Polish PM announces 40% tax on O&G profits
17 Oct 20123 min read

Polish PM announces 40% tax on O&G profits

Poland’s Prime Minister, Donald Tusk, has announced plans to tax oil and gas companies at roughly 40% of their profits as the government begins to outline what it hopes will be seen as an investment-friendly regulatory framework.

UKCS performance picks up
16 Oct 20123 min read

UKCS performance picks up

Drilling activity has is increased in the UK continental shelf in 2012 and stability is returning to the sector though a combination of tax relief and rising oil prices.

Petrobras makes fresh discovery in Sergipe-Alagoas Basin
12 Oct 20122 min read

Petrobras makes fresh discovery in Sergipe-Alagoas Basin

Petrobras has found light hydrocarbons in block SEAL-M-426, in ultra-deep waters of Sergipe-Alagoas Basin.

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