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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.

bp starts up Argos expansion project in the Gulf of Mexico
4 Aug 20253 min read

bp starts up Argos expansion project in the Gulf of Mexico

The project adds 20 000 boe/d of gross peak annualised average production at the existing Argos platform.

MacGregor strengthens leadership in global maritime operations under Triton’s ownership
4 Aug 20252 min read

MacGregor strengthens leadership in global maritime operations under Triton’s ownership

The transaction between Triton and MacGregor’s previous owner, Hiab (former Cargotec) Corp., was closed on 31 July 2025.

Sarens participates on the dismantling of the South Angsi Alpha offshore platform in Malaysia
31 Jul 20253 min read

Sarens participates on the dismantling of the South Angsi Alpha offshore platform in Malaysia

The dismantled platform, weighing around 4000 t, is the largest ever dismantled and reused in Malaysia, with part of its structure already located on the seabed, where it will serve as a support for the creation of artificial reefs.

Pantheon Resources spuds Dubhe-1 well in Alaska
23 Jul 20252 min read

Pantheon Resources spuds Dubhe-1 well in Alaska

Pantheon Resources has announced it has spudded the Dubhe-1 appraisal well at the company’s Ahpun oil field on the North Slope of Alaska.

Chevron completes acquisition of Hess
22 Jul 20254 min read

Chevron completes acquisition of Hess

Chevron Corporation has announced that it has completed its acquisition of Hess Corporation following the satisfaction of all necessary closing conditions, including a favourable arbitration outcome regarding Hess’ offshore Guyana asset.

Central European Petroleum makes major Wolin East oil discovery offshore Poland
22 Jul 20253 min read

Central European Petroleum makes major Wolin East oil discovery offshore Poland

Estimated oil and gas resources in Wolin East constitute the largest conventional hydrocarbon field yet discovered in Poland, and one of the largest conventional oil discoveries in Europe in the past decade.

Union Jack Oil plc sign farm-in agreement with Reach Oil and Gas for the Sark Drilling Project
14 Jul 20252 min read

Union Jack Oil plc sign farm-in agreement with Reach Oil and Gas for the Sark Drilling Project

The agreement is to acquire a 60% working interest (paying 80%) in the Sark well, planned to be drilled early 3Q25, located in Central Oklahoma, US.

Monumental Energy provides update on the Copper Moki-1 oil and gas well in New Zealand
11 Jul 20252 min read

Monumental Energy provides update on the Copper Moki-1 oil and gas well in New Zealand

The primary objective of the CM-1 workover is to restore oil and associated gas production from the Mt. Messenger sands and to remove flow restriction from sand production identified during prior operations.

Subsea7 awarded contract offshore Egypt
9 Jul 20251 min read

Subsea7 awarded contract offshore Egypt

Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures.

JDR to support Larsen and Toubro with offshore umbilical testing in the Middle East
8 Jul 20252 min read

JDR to support Larsen and Toubro with offshore umbilical testing in the Middle East

JDR Cable Systems (JDR), the global subsea cable supplier and service provider, part of the TFKable Group, has been awarded a significant service contract by Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, high-tech manufacturing and services.

bp and NOC sign MoU to explore redevelopment of giant Libyan oilfields and unconventional potential
8 Jul 20251 min read

bp and NOC sign MoU to explore redevelopment of giant Libyan oilfields and unconventional potential

The agreement provides a framework for bp to assess a range of technical data and to effectively work with NOC to evaluate presented opportunities and determine the feasibility of future development and exploration programmes.

Draeger Marine & Offshore supports UK’s first offshore CO2 injection
7 Jul 20253 min read

Draeger Marine & Offshore supports UK’s first offshore CO2 injection

Gas monitoring equipment used to ensure safe operations aboard Petrodec’s ERDA rig during trailblazing project in the Southern North Sea.

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