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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.

TGS starts new 3D imaging programme in Gulf of Mexico
21 Jun 20212 min read

TGS starts new 3D imaging programme in Gulf of Mexico

The programme includes approximately 6175 km2 of reprocessed 3D seismic data from the mature, hydrocarbon-producing areas of South Timbalier, Grand Isle and Ewing Bank.

Vår Energi makes 'significant' oil and gas discovery in North Sea
21 Jun 20212 min read

Vår Energi makes 'significant' oil and gas discovery in North Sea

The latest preliminary estimates from the King and Prince exploration wells show volumes between 60-135 million barrels of recoverable oil equivalents.

Norway's oil production in May higher than forecast
18 Jun 20211 min read

Norway's oil production in May higher than forecast

Oil production in May was 4% higher than the Norwegian Petroleum Directorate’s forecast, and 1.2% higher than the forecast so far this year.

Williams and Beacon sign export agreement for Shenandoah development
18 Jun 20212 min read

Williams and Beacon sign export agreement for Shenandoah development

Facilities to be installed include a five-mile offshore lateral pipeline build from the Shenandoah platform in the Gulf of Mexico to Discovery’s existing Keathley Canyon Connector pipeline, and additional onshore processing facilities to handle the expected natural gas production.

Production begins from Gråsel in the Skarv area
18 Jun 20212 min read

Production begins from Gråsel in the Skarv area

The Gråsel reservoir is situated over the Skarv reservoir in the Norwegian Sea, about 210 km west of Sandnessjøen, and contains around 13 million boe of oil.

Saipem secures six-well drilling contract from Wintershall Dea
17 Jun 20211 min read

Saipem secures six-well drilling contract from Wintershall Dea

The semi-submersible rig Scarabeo 8 is due to begin operations in the Norwegian North Sea in 4Q21.

Eni and SKK Migas sign MoU for cooperation on exploration activities in Indonesia
17 Jun 20211 min read

Eni and SKK Migas sign MoU for cooperation on exploration activities in Indonesia

The MoU defines the framework for further cooperation in the processing and interpretation of seismic data owned by the Republic of Indonesia by using Eni’s technologies and facilities, including the Green Data Centre supercomputers in Ferrera Erbognone, Italy, as well as seismic imaging algorithms.

Lime Petroleum acquires Repsol's interest in Brage field
17 Jun 20212 min read

Lime Petroleum acquires Repsol's interest in Brage field

According to the Norwegian Petroleum Directorate, there are 3.42 million m3 of oil equivalent or 21.52 million boe of remaining reserves in the Brage field.

Shelf Drilling rig hired by Chevron for Angola operations
17 Jun 20211 min read

Shelf Drilling rig hired by Chevron for Angola operations

The one-year contract is expected to commence in January 2022.

VAALCO contracts Borr Drilling rig for 2021/2022 campaign offshore Gabon
17 Jun 20211 min read

VAALCO contracts Borr Drilling rig for 2021/2022 campaign offshore Gabon

The contract provides that the drilling rig can be on location in the Etame Marin block as early as December of this year.

Operations at Heimdal extended to 2023
17 Jun 20212 min read

Operations at Heimdal extended to 2023

3-4 new gas wells will be drilled at the Valemon field in the North Sea in 2021 and 2022, which will extend profitable operations at the Heimdal field.

McDermott to carry out marine installation work for BHP in Gulf of Mexico
16 Jun 20212 min read

McDermott to carry out marine installation work for BHP in Gulf of Mexico

McDermott will provide installation services at the Shenzi Subsea Multiphase Pumping Project, located at a water depth of 4400 ft.

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