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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.

TMC to provide compressors for SBM Offshore FPSO
12 May 20201 min read

TMC to provide compressors for SBM Offshore FPSO

TMC has secured a contract from Shanghai Waigaoqiao Shipbuilding Co., Ltd to supply the marine compressed air system to a newbuild FPSO the yard is constructing for SBM Offshore.

Continental Resources releases 1Q20 results
11 May 20202 min read

Continental Resources releases 1Q20 results

Continental Resources reported a net loss of US$185.7 million, or US$0.51 per diluted share, for 1Q20.

Petrobras makes oil discoveries in Brazil pre-salt
11 May 20202 min read

Petrobras makes oil discoveries in Brazil pre-salt

Petrobras has discovered oil in the southeast area of the Búzios field and in the pre-salt of the Albacora field.

Rystad Energy comments on fresh Saudi, UAE and Kuwait production cuts
11 May 20202 min read

Rystad Energy comments on fresh Saudi, UAE and Kuwait production cuts

From June, Saudi Arabia is cutting an extra 1 million bpd, the UAE an extra 100 000 bpd, and Kuwait an extra 80 000 bpd.

Aragon to design process modules for Yinson FPSO
11 May 20201 min read

Aragon to design process modules for Yinson FPSO

The contracts cover the engineering, procurement and construction of seven modules for the gas treatment, gas compression, utilities and flare systems for the FPSO Anna Nery.

Nova module lifted onto Gjøa platform
11 May 20202 min read

Nova module lifted onto Gjøa platform

The world’s largest crane vessel, Heerema Marine Contractors’ Sleipnir, safely transported the topside module onto the Neptune-operated Gjøa platform in a three-hour operation.

Mild losses for oil price as renewed outbreaks cause caution
11 May 20202 min read

Mild losses for oil price as renewed outbreaks cause caution

Oil prices started the week with mild losses, as news about renewed outbreak pockets around the world alarmed traders to be cautious on how quickly demand can rebound.

Bureau Veritas reports 900% rise in demand for remote inspection of offshore rigs
11 May 20203 min read

Bureau Veritas reports 900% rise in demand for remote inspection of offshore rigs

The increase in demand has been triggered by the outbreak of the Covid-19 pandemic.

Wood and NERA to develop AI subsea inspection tool
11 May 20203 min read

Wood and NERA to develop AI subsea inspection tool

The solution will aim to minimise safety risks, enhance asset integrity and create potential savings of AUS$$2.8 billion per year for the Australian offshore energy industry.

Eni and Springfield E&P instructed to combine Ghana offshore oilfields
11 May 20201 min read

Eni and Springfield E&P instructed to combine Ghana offshore oilfields

The letter from Ghana's Energy Minister instructs the companies to begin talks to combine the Sankofa and Afina offshore fields.

Petrobras contracts CSV from Solstad Offshore
11 May 20201 min read

Petrobras contracts CSV from Solstad Offshore

Solstad Offshore's CSV, Far Saga, has been awarded a contract with Petrobras for a period of 3 years firm.

Kosmos Energy releases 1Q20 results
11 May 20202 min read

Kosmos Energy releases 1Q20 results

Kosmos Energy generated a net loss of US$183 million, or US$0.45 per diluted share, in 1Q20.

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