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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.

UK oil sits at the heart of Europe's integrated energy system as second-largest producer, Wood Mackenzie analysis reveals
20 Nov 20253 min read

UK oil sits at the heart of Europe's integrated energy system as second-largest producer, Wood Mackenzie analysis reveals

An independent study commissioned by Ithaca Energy and endorsed by OEUK shows that 65% of UK crude production ultimately serves the UK market through the European refining network.

GlobalData: contractors emerge as strategic catalysts advancing low-carbon transition in oil and gas
20 Nov 20253 min read

GlobalData: contractors emerge as strategic catalysts advancing low-carbon transition in oil and gas

Report notes that contractors have become central to the industry’s decarbonisation efforts.

Silence the Sour
20 Nov 20253 min read

Silence the Sour

Matthew Snape and Jennifer Knopf, Vink Chemicals, and Matt Streets, Rawwater, discuss long term preservative biocides for biogenic souring control.

Why early offshore analysis pays for itself several times over
20 Nov 20257 min read

Why early offshore analysis pays for itself several times over

Martin Harrop, Offshore Analysis Manager at Aquaterra Energy, discusses how offshore engineering analysis is becoming increasingly valuable in offshore oil, gas, and energy-transition projects.

DeepOcean awarded subsea tie-back contract in the UK
20 Nov 20251 min read

DeepOcean awarded subsea tie-back contract in the UK

Ocean services provider DeepOcean has been awarded a contract to provide subsea construction and tie-in work at a subsea field development on the UK continental shelf.

New research from Xodus reveals projected Australian offshore decommissioning costs
19 Nov 20252 min read

New research from Xodus reveals projected Australian offshore decommissioning costs

Liability figure points to significant opportunities for the decommissioning industry.

Wood wins a new engineering contract at major Iraqi oil field
19 Nov 20251 min read

Wood wins a new engineering contract at major Iraqi oil field

Under the contract, Wood will manage engineering, procurement and construction projects.

ConocoPhillips finds gas offshore Australia
19 Nov 20251 min read

ConocoPhillips finds gas offshore Australia

Oil giant ConocoPhillips says that is has struck gas off the coast of southeastern Australia after beginning its maiden exploration drilling on November 1, according to Reuters.

AGR to fuel Vår Energi operations
13 Nov 20252 min read

AGR to fuel Vår Energi operations

AGR’s resourcing services business has entered into a five-year frame agreement to deliver technical personnel and workforce to Vår Energi.

SLB and Rockwell Automation announce conclusion of Sensia Joint Venture
10 Nov 20251 min read

SLB and Rockwell Automation announce conclusion of Sensia Joint Venture

Created in 2019, Sensia combined Rockwell’s expertise in process automation and Internet of Things technologies with SLB’s knowledge in oil and gas measurement, instrumentation, and software.

OTC GreenLight Becomes the World’s First DNV-Qualified Digital Pressure Testing System
5 Nov 20252 min read

OTC GreenLight Becomes the World’s First DNV-Qualified Digital Pressure Testing System

As Offshore Technical Compliance (OTC) continues to expand their footprint in the digital pressure testing field of the Oil and Gas industry, their new and improved GreenLight has achieved a major milestone and sets a new standard for digital pressure testing of well control systems.

Maintaining Floating Asset Integrity
5 Nov 20253 min read

Maintaining Floating Asset Integrity

Danny Constantinis, EM&I, Malta, addresses methods of maintaining the integrity of Floating Production Units (FPUs) and Floating Production, Storage, and Offloading (FPSO) assets.

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