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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.

Sunrise JV to undertake a concept select programme
6 Feb 20232 min read

Sunrise JV to undertake a concept select programme

The Sunrise joint venture (SJV), comprising TIMOR GAP, Operator Woodside Energy and Osaka Gas Australia, is undertaking a concept select programme for the development of the Greater Sunrise fields – 150 km south of Timor-Leste.

Energy Workforce & Technology Council: Employment in oilfield services reaches highest level since 2020
6 Feb 20231 min read

Energy Workforce & Technology Council: Employment in oilfield services reaches highest level since 2020

Employment in the US oilfield services and equipment sector rose by an estimated 3069 jobs to 652 090 in January, according to preliminary data from the Bureau of Labor Statistics (BLS).

OEUK comments on Shell profits announcement and calls for new windfall taxes
3 Feb 20232 min read

OEUK comments on Shell profits announcement and calls for new windfall taxes

Offshore Energies UK says calls by politicians to impose UK windfall taxes on companies’ global profits risked misleading voters and consumers.

Baker Hughes unveils new digital solutions for more intelligent operations and cleaner energy
3 Feb 20234 min read

Baker Hughes unveils new digital solutions for more intelligent operations and cleaner energy

New solutions expand on Baker Hughes’ digital ecosystem, providing new levels of efficiency, performance and emissions reduction for oilfield, gas and industrial segments.

API announces Vice President of Upstream Policy
2 Feb 20232 min read

API announces Vice President of Upstream Policy

The American Petroleum Institute (API) has announced the promotion of Holly Hopkins to Vice President of Upstream Policy.

Decom Engineering secure new decommissioning projects across the world
1 Feb 20232 min read

Decom Engineering secure new decommissioning projects across the world

The company has secured new projects in Africa, Norway, Thailand and Singapore, while strengthening ties to an existing client in Malaysia.

OEUK: Supply chain companies need support to sustain oil and gas activity
1 Feb 20234 min read

OEUK: Supply chain companies need support to sustain oil and gas activity

Offshore Energies UK (OEUK) has warned that more action is needed from both government and industry to support supply chain companies in playing a critical role in sustaining oil and gas activity while helping to build the UK’s low-carbon future energy systems.

Neptune Energy commences production at Cygnus gas well
1 Feb 20231 min read

Neptune Energy commences production at Cygnus gas well

The company and its partner, Spirit Energy, have announced that production has commenced from the 10th well at its operated Cygnus gas field in the UK southern North Sea.

Transocean Ltd. announces contract award for ultra-deepwater drillship
1 Feb 20231 min read

Transocean Ltd. announces contract award for ultra-deepwater drillship

The company has announced that the ultra-deepwater drillship, Dhirubhai Deepwater KG2, has been awarded a 910-day contract by a national oil company for work offshore Brazil.

Westwood Global Energy Group release 2022 review of upstream oil and gas
31 Jan 20232 min read

Westwood Global Energy Group release 2022 review of upstream oil and gas

The review depicts a turbulent year for the industry, with a constant battle between the energy transition and societal pressures to maintain energy supply.

Wood Mackenzie: New global oil and gas discoveries in 2022 drive exploration to highest value creation in over a decade
31 Jan 20232 min read

Wood Mackenzie: New global oil and gas discoveries in 2022 drive exploration to highest value creation in over a decade

The global oil and gas exploration sector had its strongest year in 2022 in more than a decade according to Wood Mackenzie.

Lebanon: QatarEnergy joins TotalEnergies and Eni on two exploration blocks
30 Jan 20231 min read

Lebanon: QatarEnergy joins TotalEnergies and Eni on two exploration blocks

TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon.

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