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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.

Búzios Field surpasses the record level of 900 000 bpd of oil
20 Aug 20252 min read

Búzios Field surpasses the record level of 900 000 bpd of oil

The field is the largest in the country in reserves and the second in production volume.

Surmont achieved a historic milestone: the production of 500 million bbls of oil.
20 Aug 20251 min read

Surmont achieved a historic milestone: the production of 500 million bbls of oil.

Surmont, a steam-assisted gravity drainage (SAGD) facility located about 55 km south of Fort McMurray, Alberta, is currently configured to produce Surmont Heavy Dilbit, which is bitumen diluted with condensate.

Chevron is leaning into Argentina’s shale growth opportunities
20 Aug 20252 min read

Chevron is leaning into Argentina’s shale growth opportunities

Chevron expects Vaca Muerta to play a larger role in its portfolio in the coming years.

Milestone marked for 1000 t module for new Valhall platform
20 Aug 20253 min read

Milestone marked for 1000 t module for new Valhall platform

Aker BP, together with NOV and Nymo, have celebrated an important milestone in the Valhall PWP project: the completion of equipment installation on the 1000 t MEG module being built at Nymo’s yard in Grimstad.

WEG brings high-efficiency motors and sustainable energy solutions to Offshore Europe 2025
20 Aug 20253 min read

WEG brings high-efficiency motors and sustainable energy solutions to Offshore Europe 2025

IE6 motors, offshore-ready drives, and renewables will be on show in Aberdeen, Scotland.

Empire Petroleum secures unanimous victory to advance CO2 development and protect EMSU assets
18 Aug 20252 min read

Empire Petroleum secures unanimous victory to advance CO2 development and protect EMSU assets

The Commission is allowing Empire the opportunity to implement a CO2 enhanced oil recovery (EOR) pilot project over the next three years.

Aramco signs US$11 billion Jafurah midstream deal with international consortium led by Global Infrastructure Partners
18 Aug 20253 min read

Aramco signs US$11 billion Jafurah midstream deal with international consortium led by Global Infrastructure Partners

Jafurah is the largest non-associated gas development in the Kingdom of Saudi Arabia, estimated to contain 229 trillion standard ft3 of raw gas and 75 billion bbls of condensate.

Zeus Demo FEED agreement signed at energy Asia 2025, accelerating pathway to zero-emission power
15 Aug 20253 min read

Zeus Demo FEED agreement signed at energy Asia 2025, accelerating pathway to zero-emission power

Once validated, the technology may be scaled up for both onshore and offshore deployment, including floating power applications.

Not for decoration: hydrotesting Christmas trees
14 Aug 20252 min read

Not for decoration: hydrotesting Christmas trees

In the oil and gas industry, 'Christmas trees' are not a seasonal decoration. They are critical components that make it possible to control and monitor the wellhead and stop the oil flow in an emergency.

First of two production wells spudded at Bestla development in Norway
14 Aug 20252 min read

First of two production wells spudded at Bestla development in Norway

Lime Petroleum AS is pleased to share that the operator of PL740 Bestla, in which Lime has a 17% interest, has on 4 August 2025, spudded the first of two production wells.

Ambipar and SBM Offshore in joint initiative to develop robotic solution for tank cleaning on oil platforms
13 Aug 20252 min read

Ambipar and SBM Offshore in joint initiative to develop robotic solution for tank cleaning on oil platforms

This is a joint collaboration to reinforce commitment to safety and sustainability in the oil and gas sector.

Precision pre-commissioning
13 Aug 20253 min read

Precision pre-commissioning

Darrel Sookdeo, Vice President, Process Services, EnerMech, explores the role of pre-commissioning in Guyana’s Gas-to-Energy future.

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