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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.

DNO confirms size of Heisenberg oil and gas discovery
25 Sept 20242 min read

DNO confirms size of Heisenberg oil and gas discovery

DNO ASA, the Norwegian oil and gas operator, announced the completion of a second well delineating the play-opening 2023 Heisenberg oil and gas discovery in Norwegian North Sea license PL827SB.

Reuters: Storm Helene's eastward tack eases pressure on offshore US oil
25 Sept 20242 min read

Reuters: Storm Helene's eastward tack eases pressure on offshore US oil

Reuters has reported that Tropical Storm Helene was expected to turn eastward on its track through the Caribbean and into the Gulf of Mexico, increasing the threat of high winds and heavy rains to Cuba and Florida but lessened the risk to US offshore oil production, forecasters said.

Caterpillar Oil & Gas: operators reduce diesel use by 100 million gallons
25 Sept 20241 min read

Caterpillar Oil & Gas: operators reduce diesel use by 100 million gallons

Caterpillar Oil & Gas has announced that North American pressure pumping operators using its Tier 4 DGB system reduced diesel consumption by approximately 100 million gallons in 2023.

Challenger Energy's disposal of Uruguay's offshore license approved
24 Sept 20242 min read

Challenger Energy's disposal of Uruguay's offshore license approved

Challenger, with primary assets in the South American nation, has now received government approval to move the AREA OFF-1 licence to Chevron.

Will oil prices rise amid escalating geopolitical tensions and fears of a global economic slowdown?
24 Sept 20243 min read

Will oil prices rise amid escalating geopolitical tensions and fears of a global economic slowdown?

Read today's market analysis on behalf of Rania Gule, Senior Market Analyst, XS.com

Reuters: oil climbs on China stimulus, Middle East conflict and hurricane risk
24 Sept 20242 min read

Reuters: oil climbs on China stimulus, Middle East conflict and hurricane risk

Reuters reported that oil prices rose on news of monetary stimulus from China while another hurricane threatened supply in the US.

EIA: Decline in natural gas price drove decrease in US oil producer revenue in early 2024
24 Sept 20242 min read

EIA: Decline in natural gas price drove decrease in US oil producer revenue in early 2024

The US Energy Information Administration reports that cash from operations in 1Q24 has decreased due to lower natural gas prices.

Bonus podcast episode from Gastech 2024: ‘Solving for the Extreme – Supporting Safety, Labour and Process Challenges.’
Exclusive24 Sept 2024

Bonus podcast episode from Gastech 2024: ‘Solving for the Extreme – Supporting Safety, Labour and Process Challenges.’

In this special bonus episode from Gastech 2024, Mike Logue and Brandon Stambaugh from Owens Corning® join us to talk about designing insulating systems that offer solutions for extreme conditions.

SOCAR and partners sign addendum for ACG field gas exploration and production
23 Sept 20242 min read

SOCAR and partners sign addendum for ACG field gas exploration and production

The addendum is for the Azeri-Chirag fields and the deepwater portion of the Gunashli field (ACG) in the Azerbaijan sector of the Caspian Sea.

IEA, UNEP, and EDF announce comprehensive metrics to report action and measure progress by oil and gas companies on methane commitments
23 Sept 20245 min read

IEA, UNEP, and EDF announce comprehensive metrics to report action and measure progress by oil and gas companies on methane commitments

With methane emissions at near record levels, the IEA, UNEP and EDF have unveiled a new framework to report progress in reducing emissions by oil and gas companies.

Empire Petroleum announces record date for proposed rights offering
23 Sept 20242 min read

Empire Petroleum announces record date for proposed rights offering

Empire Petroleum Corporation has fixed the close of business on 30 September 2024 as the record date for a proposed subscription rights offering.

CNOOC starts production from Liuhua 11-1/4-1 oilfield project
23 Sept 20242 min read

CNOOC starts production from Liuhua 11-1/4-1 oilfield project

China National Offshore Oil Corporation (CNOOC) has announced the commencement of production at the Liuhua 11-1/4-1 oilfield secondary development project.

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