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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/Oil & gas news

Oil & gas news

Browse the latest oil & gas news news and articles.

Eni expands African exploration footprint with major discoveries in Ivory Coast, Angola
18 Feb 20264 min read

Eni expands African exploration footprint with major discoveries in Ivory Coast, Angola

New discoveries in Ivory Coast and Angola reinforce Eni’s dual strategy of frontier exploration and near-field reserve growth in Africa.

Wood Mackenzie: UK Energy Transition Outlook shows 12-point gap on 2030 climate target despite £1.5 - 2.1 trillion investment pathway to 2060
17 Feb 20265 min read

Wood Mackenzie: UK Energy Transition Outlook shows 12-point gap on 2030 climate target despite £1.5 - 2.1 trillion investment pathway to 2060

Nearly all 2030 targets now unattainable despite historic coal phaseout; offshore wind deployment trails by 20% as government races to address grid bottlenecks and spiralling costs.

Hogan Lovells represents Transocean in agreement to acquire Valaris
17 Feb 20262 min read

Hogan Lovells represents Transocean in agreement to acquire Valaris

Hogan Lovells represents Transocean in its acquisition of Valaris, creating combined company with value of US$17 billion.

ABL awarded offshore gig at Egypt’s Kamose field
17 Feb 20262 min read

ABL awarded offshore gig at Egypt’s Kamose field

Energy and marine consultancy ABL has been appointed to provide marine warranty survey services to support the offshore construction for the Phase 4 development of the Kamose offshore gas field development in the Mediterranean Sea for North Sinai Petroleum Company (NOSPCO).

Geoinform Ltd., subsidiary of the MOL Group, signs strategic cooperation agreement with Baker Hughes
17 Feb 20262 min read

Geoinform Ltd., subsidiary of the MOL Group, signs strategic cooperation agreement with Baker Hughes

The collaboration aims to introduce state of the art, innovative oil and gas technologies capable of meeting emerging market demands and significantly increasing the operational efficiency of the industry.

Fulkrum strengthens South American footprint with Bogotá office opening
17 Feb 20262 min read

Fulkrum strengthens South American footprint with Bogotá office opening

The agreement, which commenced in early 2026, covers inspection and technical staffing services in support of multiple upstream energy projects and emerging new energy initiatives in Colombia and beyond.

HELLENiQ ENERGY and Chevron Sign Offshore Concession Agreements for hydrocarbon exploration and production with the Hellenic Republic
17 Feb 20262 min read

HELLENiQ ENERGY and Chevron Sign Offshore Concession Agreements for hydrocarbon exploration and production with the Hellenic Republic

This marks a new milestone in HELLENiQ ENERGY’s upstream portfolio.

THREE60 Energy, Innovair and Oil States announce strategic alliance for Caisson Integrity Management
17 Feb 20263 min read

THREE60 Energy, Innovair and Oil States announce strategic alliance for Caisson Integrity Management

The collaboration combines proven inspection, engineering, and repair expertise to provide a seamless, end-to-end service that enhances safety, assures compliance, optimises operational efficiency and reduces lifecycle cost and complexity for operators.

Eni announce a discovery within the major Calao channel complex with Murene South-1X well in Block CI-501, offshore Côte d'Ivoire
16 Feb 20262 min read

Eni announce a discovery within the major Calao channel complex with Murene South-1X well in Block CI-501, offshore Côte d'Ivoire

The discovery was made in high-quality Cenomanian sands.

Weatherford awarded multi-year integrated completions contract in Denmark
16 Feb 20261 min read

Weatherford awarded multi-year integrated completions contract in Denmark

The contract underscores TotalEnergies’ confidence in Weatherford’s technical expertise, execution capabilities, and commitment to delivering innovative, high-quality well solutions.

Eni awarded a new offshore exploration license in Libya
12 Feb 20261 min read

Eni awarded a new offshore exploration license in Libya

The concession has been granted to a consortium led by Eni in partnership with QatarEnergy, marking a significant step forward in strengthening Eni’s upstream position in the country.

Everllence compressor technology for new FPSO offshore Guyana
11 Feb 20262 min read

Everllence compressor technology for new FPSO offshore Guyana

Four Everllence compressor trains are to be delivered to MODEC for the Hammerhead gas field project.

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