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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.

Johan Sverdrup field due to reach peak production earlier than expected
30 Mar 20202 min read

Johan Sverdrup field due to reach peak production earlier than expected

Equinor has said the North Sea field is on course to reach plateau production for the first phase in early May, earlier than anticipated.

Whitebark Energy ends Wizard Lake deal
30 Mar 20202 min read

Whitebark Energy ends Wizard Lake deal

Whitebark Energy has terminated an agreement to acquire the residual 40% interest in the Wizard Lake oilfield in Canada.

Foinaven FPSO to be chartered by BP for 10 years
30 Mar 20202 min read

Foinaven FPSO to be chartered by BP for 10 years

Teekay Corp. has entered into a new bareboat charter contract with Britoil Ltd, a subsidiary of BP, for the Petrojarl Foinaven FPSO unit for up to approximately 10 years.

Rosneft sells Venezuelan assets to Russian government
30 Mar 20201 min read

Rosneft sells Venezuelan assets to Russian government

The company has terminated its operations in Venezuela.

Siccar Point and Shell defer Cambo FID to 2021
30 Mar 20202 min read

Siccar Point and Shell defer Cambo FID to 2021

Siccar Point and Shell UK had been planning to bring the project to a Final Investment Decision (FID) in 3Q20.

Production boosted at two North Sea fields
27 Mar 20202 min read

Production boosted at two North Sea fields

First gas has been achieved from a new well in the Chiswick field in the Southern North Sea, while first oil has been achieved from a new well in the Chestnut field.

Valaris receives notice of drilling contract termination
27 Mar 20203 min read

Valaris receives notice of drilling contract termination

The company is in discussions with Total regarding the notice.

EM&I installs diverless anti-corrosion system on FPSO
27 Mar 20201 min read

EM&I installs diverless anti-corrosion system on FPSO

The HullGuard system involves installing a tubular ‘periscope type’ anode with an integral dielectric shield, through an ODIN® type class approved access port fitted to the inside of the ship’s hull.

Senegal Oil & Power 2020 postponed
27 Mar 20201 min read

Senegal Oil & Power 2020 postponed

Africa Oil & Power (AOP) is working with Senegalese government partners to confirm a new date for the conference.

Development of Queensland gas tenement acreage put on hold
27 Mar 20201 min read

Development of Queensland gas tenement acreage put on hold

Incitec Pivot Ltd's 50/50 joint venture project with Central Petroleum concerning the coal seam gas acreage (ATP 2031) in Queensland’s Surat Basin has been temporarily paused.

IEA releases oil market report for March 2020
27 Mar 20206 min read

IEA releases oil market report for March 2020

The IEA expects global oil demand to fall in 2020 – the first full-year decline in more than a decade – because of the deep contraction in China, which accounted for more than 80% of global oil demand growth in 2019, and major disruptions to travel and trade.

Rystad Energy: Forties pipeline maintenance postponement will exacerbate oil supply glut
27 Mar 20202 min read

Rystad Energy: Forties pipeline maintenance postponement will exacerbate oil supply glut

INEOS has decided to postpone its scheduled maintenance for the North Sea Forties pipeline system (FPS) in a move that Rystad Energy calculates will add several hundred thousands of extra barrels to the market every day.

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