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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.

Second well spudded in Namibia's Kavango Basin
6 May 20212 min read

Second well spudded in Namibia's Kavango Basin

The 6-1 well, spudded by Reconnaissance Energy Africa, is designed to evaluate the petroleum systems discovered in the first well (6-2) in an area of maximum thickness.

Hibiscus Extension appraisal well encounters water
6 May 20212 min read

Hibiscus Extension appraisal well encounters water

Drilling of the Hibiscus Extension appraisal well in the Dussafu Marin offshore licence in Gabon encountered water rather than hydrocarbons.

EQT Corp. to acquire Alta Resources
6 May 20212 min read

EQT Corp. to acquire Alta Resources

The acquisition will add 1 billion ft3/d equivalent of gas production to EQT Corp's current net production.

Lloyd’s Register launching new modules and updates to subsurface software packages
6 May 20214 min read

Lloyd’s Register launching new modules and updates to subsurface software packages

The IC and IP software’s new capabilities are prompted by the increasing need to capture and utilise data across the entire lifecycle of wells and fields.

Enelift announces global expansion plans for lifting solutions business
6 May 20212 min read

Enelift announces global expansion plans for lifting solutions business

The company will invest a seven-figure sum into its operations and establish new support hubs in Houston, Dubai, Singapore, Perth and the Caspian over the next six months.

PGNiG preparing to drill first well in UAE
6 May 20213 min read

PGNiG preparing to drill first well in UAE

The company is making design and location arrangements for the first exploration well, which will ascertain the production potential of the licence in Ras Al Khaimah Emirate where PGNiG operates.

Eriell Group and JSC Uzbekneftegas bring new gas wells online
6 May 20213 min read

Eriell Group and JSC Uzbekneftegas bring new gas wells online

Eriell Group and Uzbekneftegaz JSC have put into commercial operation seven new gas wells in the Kashkadarya and Bukhara regions, as well as in the Republic of Karakalpakstan.

OKEA awards rig frame contract to COSL Drilling Europe
6 May 20212 min read

OKEA awards rig frame contract to COSL Drilling Europe

COSL will be the exclusive provider of semi-submersible drilling rigs for OKEA’s Norwegian Continental Shelf operations.

Production begins at Zinia Phase 2 project offshore Angola
6 May 20212 min read

Production begins at Zinia Phase 2 project offshore Angola

Located in water depths from 600 to 1200 m and about 150 km from the Angolan coast, Zinia Phase 2 resources are estimated at 65 million barrels of oil.

GlobalData: carbon capture and storage dominated by oil giants with no room for smaller operators
5 May 20212 min read

GlobalData: carbon capture and storage dominated by oil giants with no room for smaller operators

According to GlobalData, smaller operators will need government intervention to incentivise carbon capture to promote investments, because these companies will have to expend relatively more resources to lower their emissions as compared to oil giants.

Sercel enters negotiations to acquire Low Impact Seismic Sources
5 May 20212 min read

Sercel enters negotiations to acquire Low Impact Seismic Sources

Sercel and Low Impact Seismic Sources (LISS) have entered into exclusive negotiations for the acquisition of LISS by Sercel.

APICORP: MENA energy investments to exceed US$805 billion over next five years
5 May 20215 min read

APICORP: MENA energy investments to exceed US$805 billion over next five years

Committed gas investments in MENA for the period 2021-2025 are expected to total US$75 billion – US$9.5 billion less than the previous outlook.

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