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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.

Commercial oil production begins at Layang field offshore Malaysia
20 Dec 20191 min read

Commercial oil production begins at Layang field offshore Malaysia

The production of oil from Layang is estimated at approximately 3000 bpd, and an estimated 10 000 boe/d with natural gas combined.

Serica Energy awarded UKCS licence
20 Dec 20192 min read

Serica Energy awarded UKCS licence

The award contains the HPHT North Eigg and South Eigg prospects. The primary prospect is North Eigg which is estimated to contain 360 billion ft3 (P50) and potentially over 1 trillion ft3 (P10) of recoverable gas.

Shearwater GeoServices awarded offshore India campaign by ONGC
19 Dec 20191 min read

Shearwater GeoServices awarded offshore India campaign by ONGC

The survey covers 1600 km2 of 3D and 800 km of 2D data in a deepwater area of the Bay of Bengal.

Odfjell Drilling awarded platform drilling contract by ConocoPhillips
19 Dec 20191 min read

Odfjell Drilling awarded platform drilling contract by ConocoPhillips

The contract work includes drilling operations, work-over campaigns, P&A activities and all preventative and corrective maintenance of ConocoPhillips’ drilling facilities on three offshore platforms in the Greater Ekofisk Area.

Kalnin Ventures expands presence in Barnett Shale
19 Dec 20191 min read

Kalnin Ventures expands presence in Barnett Shale

The company has acquired over 320 000 gross acres and 4200 producing wells from Devon Energy.

Oil Search due to begin preliminary engineering work at Pikka field in early 2020
18 Dec 20191 min read

Oil Search due to begin preliminary engineering work at Pikka field in early 2020

The progress into the Pikka field’s FEED phase is subject to approval from joint venture partners and the finalisation of required third-party agreements.

Australia's offshore regulator gives second of four approvals for Equinor exploration project
18 Dec 20191 min read

Australia's offshore regulator gives second of four approvals for Equinor exploration project

The National Offshore Petroleum Safety and Environmental Management Authority has accepted Equinor’s environment plan for exploratory petroleum drilling in the Great Australian Bight.

Magma Global to provide subsea jumpers for Gulf of Mexico flowline intervention
18 Dec 20192 min read

Magma Global to provide subsea jumpers for Gulf of Mexico flowline intervention

Magma Global has been selected by C-Innovation to supply m-pipe® thermoplastic composite subsea jumpers for flowline intervention in the Gulf of Mexico.

Repsol awards Shearwater GeoServices hybrid node-streamer seismic survey in Malaysia
18 Dec 20191 min read

Repsol awards Shearwater GeoServices hybrid node-streamer seismic survey in Malaysia

The project will cover approximately 1000 km2 of ocean bottom and towed streamer seismic on Repsol’s operated block offshore Peninsular Malaysia.

Union Jack Oil gears up to resume flow testing operations at West Newton
18 Dec 20193 min read

Union Jack Oil gears up to resume flow testing operations at West Newton

Re-evaluation of data and core analysis indicates a material upgrade in liquid hydrocarbons contained in the Kirkham Abbey reservoir in the West Newton project area. The Upside Case estimates are liquids 283 million bbl and gas 265.9 billion ft3.

Bilfinger supports ONEgas to decomplex North Sea gas platform
18 Dec 20192 min read

Bilfinger supports ONEgas to decomplex North Sea gas platform

ONEgas is decomplexing their gas field in the Netherlands Continental Shelf in order to centralise gas processing and switch platforms to unmanned operation.

Subsea 7 awarded gas field development contract offshore China
17 Dec 20191 min read

Subsea 7 awarded gas field development contract offshore China

The contract scope includes transportation and installation of five steel catenary risers for CNOOC’s Lingshui 17-2 Gas Field Development Project.

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