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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.

Plexus Holdings PLC announces middle east exploration well order
14 Nov 20241 min read

Plexus Holdings PLC announces middle east exploration well order

Plexus said the order will generate US$1 million in revenue and pave the way for further opportunities in the region.

EIA: US associated natural gas production increased nearly 8% in 2023
14 Nov 20242 min read

EIA: US associated natural gas production increased nearly 8% in 2023

The US Energy Information Administration has reported that US production of associated natural gas increased 7.9% in 2023 compared with 2022, according to data from Enverus Drillinginfo.

TechnipFMC awarded contract for TotalEnergies’ GranMorgu development offshore Suriname
14 Nov 20241 min read

TechnipFMC awarded contract for TotalEnergies’ GranMorgu development offshore Suriname

TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation contract by TotalEnergies for its GranMorgu project on Block 58, the first oil and gas development offshore Suriname.

General Galactic announces US$8 million in funding for fossil-free natural gas production technology
13 Nov 20242 min read

General Galactic announces US$8 million in funding for fossil-free natural gas production technology

The investment was co-led by Harpoon Ventures and Refactor Capital, with participation from Pathbreaker, BoxGroup, Seraphim, Plug and Play, Impact First and Climate Capital.

GeoPark announces exploration success at Confluencia Norte
13 Nov 20242 min read

GeoPark announces exploration success at Confluencia Norte

GeoPark Ltd, an independent Latin American oil and gas explorer, operator, and consolidator, has announced the successful start of production in the Confluencia Norte Block (GeoPark non-operated, 50% WI) in Rio Negro, Argentina.

QatarEnergy announces acquisition of interest in offshore Egypt exploration block from Chevron
12 Nov 20241 min read

QatarEnergy announces acquisition of interest in offshore Egypt exploration block from Chevron

QatarEnergy has entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, in the Mediterranean Sea offshore Egypt.

Mermaid completes largest vessel-based UK North Sea decommissioning campaign ever
11 Nov 20242 min read

Mermaid completes largest vessel-based UK North Sea decommissioning campaign ever

More than 20 wells plugged and abandoned for North Sea client, engineered in 2023 and executed in 2024.

ADNOC awards US$196.2 million manufacturing contracts
11 Nov 20242 min read

ADNOC awards US$196.2 million manufacturing contracts

ADNOC has announced the award of contracts valued at AED720 million ($196.2 million) for local manufacturing of a wide range of products across its value chain. The announcement was made at ADNOC’s Business Partnership Forum which was held on the sidelines of ADIPEC.

Pantheon Resources announces spudding of Megrez-1 well
11 Nov 20242 min read

Pantheon Resources announces spudding of Megrez-1 well

Pantheon Resources plc, an oil and gas company developing the Kodiak and Ahpun oil fields in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, has announced the spudding of the Megrez-1 well to explore the eastern topsets in the Ahpun field, immediately adjacent to pipeline and road infrastructure.

Equinor signs agreement to acquire share in Norwegian assets
8 Nov 20241 min read

Equinor signs agreement to acquire share in Norwegian assets

Equinor has signed an agreement to acquire Sval Energi’s 11.8% share in the Halten East Unit. With this acquisition, Equinor increases its ownership to 69.5%.

Weatherford secures three year contract with ADNOC
8 Nov 20241 min read

Weatherford secures three year contract with ADNOC

The project is slated to begin in 4Q24, where Weatherford is expected to deploy multiple intervention solutions, advancing the operational efficiency and reliability of ADNOC’s onshore assets.

Petrofac awarded contract in Bahrain
7 Nov 20241 min read

Petrofac awarded contract in Bahrain

Petrofac has been awarded a multi-million-dollar, two-year contract by Bapco Upstream W.L.L. to further enhance its production in Bahrain.

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