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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.

Ghana’s Springfield completes Afina appraisal well with 12 000 bpd on the horizon
2 Dec 20243 min read

Ghana’s Springfield completes Afina appraisal well with 12 000 bpd on the horizon

Springfield Exploration and Production has successfully completed appraisal well test activity at the Afina oil and gas discovery, offshore Ghana.

Fulkrum announces new Iraq entity and major gas project
2 Dec 20242 min read

Fulkrum announces new Iraq entity and major gas project

Fulkrum, a leader in inspection, expediting, auditing, and technical staffing services, announces the launch of its new entity in Iraq. This significant milestone comes as Fulkrum secures a multi-million USD contract to provide surveillance services for a major Gas Hub development project in the region.

CNOOC announces production at Huizhou 26-6 oilfield development project
2 Dec 20241 min read

CNOOC announces production at Huizhou 26-6 oilfield development project

CNOOC Ltd has announced that the Huizhou 26-6 Oilfield Development Project has commenced production.

Seascape Energy announces successful Block 2A farm-out offshore Malaysia
2 Dec 20243 min read

Seascape Energy announces successful Block 2A farm-out offshore Malaysia

Following completion of the transaction, Seascape will retain a 10% participating interest in the PSC through its wholly owned subsidiary, Topaz Number One Limited.

Eni announces acquisition of 4 new exploration blocks offshore Côte d’Ivoire
2 Dec 20242 min read

Eni announces acquisition of 4 new exploration blocks offshore Côte d’Ivoire

Under the agreements, Eni will be able to explore the area for up to 9 years.

Rystad Energy: Vaca Muerta smashes crude output record in 3Q24, on track to meet 1 million bpd in 2030
29 Nov 20244 min read

Rystad Energy: Vaca Muerta smashes crude output record in 3Q24, on track to meet 1 million bpd in 2030

The 35% y/y surge in third-quarter production was driven by improved productivity and expanded takeaway capacity, led by flagship operator Yacimientos Petrolíferos Fiscales (YPF) and bolstered by local independent producers.

Union Jack Oil announces Taylor 1-16 drilling update onshore USA
29 Nov 20242 min read

Union Jack Oil announces Taylor 1-16 drilling update onshore USA

Union Jack Oil plc, a UK and USA focused onshore hydrocarbon, production, development, exploration and investment company has announced a positive drilling update in respect of the Taylor 1-16 well, located in Seminole County, Oklahoma, USA, in which Union Jack holds a 45% working interest.

Geopark announces agreement to acquire Repsol exploration and production assets in Colombia
29 Nov 20241 min read

Geopark announces agreement to acquire Repsol exploration and production assets in Colombia

GeoPark has announced that it has signed agreements to acquire Repsol upstream oil and gas assets in Colombia.

Axess Group announces frame agreement extension with KCA Deutag in Norway
28 Nov 20241 min read

Axess Group announces frame agreement extension with KCA Deutag in Norway

Axess Group has secured a frame agreement extension with KCA Deutag, a drilling, engineering and technology company.

Valeura Energy announces completion of infill drilling campaign at Jasmine field offshore Gulf of Thailand
28 Nov 20243 min read

Valeura Energy announces completion of infill drilling campaign at Jasmine field offshore Gulf of Thailand

Valeura Energy Inc. has announced the successful completion of an infill drilling campaign at the Jasmine field in Licence B5/27 (100% operated working interest), offshore Gulf of Thailand.

Reuters: Exxon executive says US oil firms unlikely to go 'drill, baby, drill' under Trump
27 Nov 20242 min read

Reuters: Exxon executive says US oil firms unlikely to go 'drill, baby, drill' under Trump

According to Reuters, a senior executive at Exxon Mobil said that US oil and gas producers remain focused on capital discipline, rather than radically increased production.

EIA: US crude oil production established a new record in August 2024
26 Nov 20241 min read

EIA: US crude oil production established a new record in August 2024

According to EIA, An average of 13.4 million bpd of crude oil was produced in the United States during August 2024, a new record according to data from EIA.

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