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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.

Subsea 7 awarded Azerbaijan offshore contracts by BP Exploration
1 Oct 20191 min read

Subsea 7 awarded Azerbaijan offshore contracts by BP Exploration

The work is for the Azeri Central East project in the Azeri-Chirag-Deepwater Gunashli field in the Caspian Sea.

Wintershall sells Norwegian infrastructure assets as part of focus on upstream activities
1 Oct 20192 min read

Wintershall sells Norwegian infrastructure assets as part of focus on upstream activities

The company has agreed to sell its 5.0304% interest in the Nyhamna terminal to CapeOmega and its 13.2550% interest in the Polarled pipeline to Solveig Gas Norway.

Valaris awarded jack-up drilling rig contract for Seagull project
1 Oct 20192 min read

Valaris awarded jack-up drilling rig contract for Seagull project

Valaris will provide the Rowan Gorilla VI (VALARIS JU-248) to drill four firm wells for the development, which is located in the Central North Sea.

Chrysaor acquisition of ConocoPhillips’ UK oil and gas business completed
1 Oct 20191 min read

Chrysaor acquisition of ConocoPhillips’ UK oil and gas business completed

The transaction adds two new operated hubs to Chrysaor’s portfolio in the UK Central North Sea - Britannia and J-Block – in addition to an interest in the Clair Field area.

Pragma develops ESP downhole safety valve
30 Sept 20193 min read

Pragma develops ESP downhole safety valve

The valve is designed to create an improved well control solution for cable deployed electric submersible pumps retrofitted to production wells.

Oil and gas industry warned British government's Brexit proposals unlikely to be agreed by EU
30 Sept 20194 min read

Oil and gas industry warned British government's Brexit proposals unlikely to be agreed by EU

The ideas proposed by the British government to replace the so-called Irish backstop are likely to be rejected by the European Union, said Adam Johnson, director of Tudor International Freight.

SAExploration to undertake ocean-bottom marine project in Asia-Pacific
30 Sept 20191 min read

SAExploration to undertake ocean-bottom marine project in Asia-Pacific

Services to be provided will include data acquisition utilising remote operated vehicle (ROV)-deployed autonomous nodal recording technology in water depths up to 60 m.

Santos awarded new acreage on-trend with Dorado
30 Sept 20191 min read

Santos awarded new acreage on-trend with Dorado

Santos will operate the new permit, WA-541-P, in the Northern Carnarvon Basin which lies to the west of the recent Dorado, Roc and Phoenix South hydrocarbon discoveries in the Bedout Sub-basin.

ADNOC Drilling completes first offshore integrated drilling services well
30 Sept 20192 min read

ADNOC Drilling completes first offshore integrated drilling services well

The well was delivered to ADNOC Drilling’s client, ADNOC Offshore – also a subsidiary of ADNOC.

Global E&C wins life-of-field contract for brownfield services with Apache’s North Sea subsidiaries
30 Sept 20192 min read

Global E&C wins life-of-field contract for brownfield services with Apache’s North Sea subsidiaries

The contract is the largest in Global E&C's history.

Vår Energi awards Balder X subsea contract to consortium
30 Sept 20193 min read

Vår Energi awards Balder X subsea contract to consortium

The Balder X Project will extend the life of the Jotun A FPSO towards 2045 through refurbishing it and relocating it to the Balder licence PL 001, the first production license on the Norwegian continental shelf.

Rystad Energy: US shale is not going bankrupt
27 Sept 20192 min read

Rystad Energy: US shale is not going bankrupt

Rystad Energy said that it expects further acreage restructuring and M&A activity in the industry, but emphasises that many operators have managed to combine production growth with balanced spending and debt reductions.

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