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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

Latest News

Stay up to date with the latest news and updates from the oil industry.

INEOS Energy completes the acquisition of oil and gas assets in US Gulf from CNOOC
4 Apr 20252 min read

INEOS Energy completes the acquisition of oil and gas assets in US Gulf from CNOOC

INEOS Energy has announced the completion of the acquisition of the US Gulf business held by CNOOC Energy Holdings USA. Inc., a US subsidiary of CNOOC International Limited (CNOOC).

bpTT announces start of production from new Cypre gas project
3 Apr 20252 min read

bpTT announces start of production from new Cypre gas project

bp Trinidad and Tobago (bpTT) has confirmed its Cypre development has safely delivered its first gas.

SLB awarded major drilling contract by Woodside Energy for ultra-deepwater Trion development, offshore Mexico
2 Apr 20252 min read

SLB awarded major drilling contract by Woodside Energy for ultra-deepwater Trion development, offshore Mexico

Global energy technology company SLB has been awarded a major drilling contract by Australian independent Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico.

CNOOC announces major oilfield discovery Huizhou 19-6
1 Apr 20252 min read

CNOOC announces major oilfield discovery Huizhou 19-6

CNOOC Ltd has announced a major oilfield discovery of Huizhou 19-6 in the deep and ultra-deep plays of the South China Sea, which adds over a hundred million t of oil equivalent in-place.

NEO Energy announces strategic merger with Repsol’s UK business
1 Apr 20252 min read

NEO Energy announces strategic merger with Repsol’s UK business

NEO Energy has announced a strategic merger with Repsol Resources UK, creating a leading independent producer in the North Sea.

Powering oil and gas operations with AI
Exclusive31 Mar 2025

Powering oil and gas operations with AI

Christian Keon and Indu Moola, Nanoprecise Sci Corp., Canada, describe fuelling energy operations with AI-driven maintenance.

Equinor brings Johan Castberg oilfield onstream
31 Mar 20253 min read

Equinor brings Johan Castberg oilfield onstream

Equinor has announced the Johan Castberg oilfield in the Barents Sea has come onstream. The field will be producing for 30 years.

Izomax acquires IK Engineering and IK Group US Inc.
31 Mar 20252 min read

Izomax acquires IK Engineering and IK Group US Inc.

Izomax accelerates global growth with acquisition of IK Engineering and IK Group US Inc.

DNO announces North Sea oil and gas discovery
31 Mar 20252 min read

DNO announces North Sea oil and gas discovery

DNO ASA, the Norwegian oil and gas operator, has announced an important oil and gas discovery in Northern North Sea license PL1182 S in which the Company holds a 40% operated interest.

Aquaterra Energy secures multi-million-dollar well intervention contract with Intrepid Energy in Nigeria
28 Mar 20253 min read

Aquaterra Energy secures multi-million-dollar well intervention contract with Intrepid Energy in Nigeria

Aquaterra Energy, a leader in offshore engineering solutions, has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria. Aquaterra Energy’s turnkey well access package will enable IEL to conduct intervention operations across multiple mature oil wells in the region, supporting enhanced reservoir production.

Equinor, Shell, and TotalEnergies announce final investment decision on Northern Lights CCS expansion
28 Mar 20253 min read

Equinor, Shell, and TotalEnergies announce final investment decision on Northern Lights CCS expansion

Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights development.

Equinor industrialising plugging operations on the Norwegian continental shelf
28 Mar 20253 min read

Equinor industrialising plugging operations on the Norwegian continental shelf

According to the plan Island Innovator will permanently plug 15 to 20 wells annually for a total of nine licences.

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