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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.

Letter of intent for drilling rig executed for Canning Basin 2024 drilling campaign
8 Aug 20241 min read

Letter of intent for drilling rig executed for Canning Basin 2024 drilling campaign

Buru Energy has announced that it has executed a letter of intent with Silver City Drilling (SCD) for the provision of Rig 24 to conduct the planned two well drilling campaign in the onshore Canning Basin of Western Australia.

CNOOC adds over 100 billion m3 of proved gas in-place
8 Aug 20242 min read

CNOOC adds over 100 billion m3 of proved gas in-place

CNOOC has announced that Chinese governmental authorities have approved the proved gas in-place of Lingshui 36-1 gas field, which stands at over 100 billion m3. It is the first large-size ultra-shallow gas field in ultra-deep water in the world, which opens up a new area of exploration in deep waters.

SBM Offshore awarded FSO contract for Woodside’s Trion development
8 Aug 20241 min read

SBM Offshore awarded FSO contract for Woodside’s Trion development

Under this contract, SBM Offshore will construct and thereafter lease a Floating Storage and Offloading (FSO) unit to Woodside for a period of 20 years.

Raptor Data awarded ConocoPhillips plug and abandonment (P&A) verification and validation contract
7 Aug 20241 min read

Raptor Data awarded ConocoPhillips plug and abandonment (P&A) verification and validation contract

Raptor Data has announced that it has been awarded a contract from ConocoPhillips Company (ConocoPhillips) to manufacture and deploy a fleet of tools based on its acoustic telemetry technology, Pathfinder.

Chevron announces headquarters relocation and senior leadership changes
7 Aug 20243 min read

Chevron announces headquarters relocation and senior leadership changes

Chevron has announced the relocation of the company’s headquarters from San Ramon, California, to Houston, Texas, and senior leadership changes.

Range Resources Corporation selects Quorum Software to enhance, automate AFE workflows
7 Aug 20242 min read

Range Resources Corporation selects Quorum Software to enhance, automate AFE workflows

Quorum Software (Quorum), has announced that Range Resources Corporation (NYSE: RRC), a natural gas and NGL producer, has selected leading capital and well lifecycle management platform Quorum Execute to improve AFE workflows by streamlining the data input process, and providing enhanced communication and transparency to all departments involved.

BP acquires GETEC ENERGIE GmbH
6 Aug 20243 min read

BP acquires GETEC ENERGIE GmbH

The acquisition of GETEC ENERGIE GmbH will accelerate the growth of BP’s European gas and power presence, as well as providing opportunities to grow integrated lower carbon energy solutions for C&I energy customers in Germany and elsewhere in Europe.

Petrobras confirms gas discovery in Colombia
6 Aug 20241 min read

Petrobras confirms gas discovery in Colombia

Petrobras has informed that it has achieved the main target of the Uchuva-2 well, confirming the extent of the gas discovery made in 2022 with the drilling of the Uchuva-1 well.

TGS completes enhancement of 2D seismic offshore Northern Sumatra
6 Aug 20242 min read

TGS completes enhancement of 2D seismic offshore Northern Sumatra

The company has completed the reprocessing of a 2D seismic survey in Indonesia’s Sumatra basin, tying key discoveries in the region to open acreage.

Kent secures 3  year global commissioning services contract with Shell
5 Aug 20242 min read

Kent secures 3 year global commissioning services contract with Shell

Kent has announced it has been awarded a global three-year enterprise framework agreement (EFA) by Shell to provide commissioning and start-up services (CSU) across various onshore and offshore projects.

Valeura Energy announce Wassana production restart
5 Aug 20242 min read

Valeura Energy announce Wassana production restart

Valeura Energy has announced the planned restart of production operations at the Wassana field, offshore Gulf of Thailand.

OCIMF appoints new Chair
2 Aug 20243 min read

OCIMF appoints new Chair

The Oil Companies International Marine Forum (OCIMF) has appointed bp’s Senior Vice President Shipping Lambros Klaoudatos as its new Chair.

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