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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.

Salunda ‘Red Zone’ safety technology adopted by BP for North Sea assets
1 Aug 20242 min read

Salunda ‘Red Zone’ safety technology adopted by BP for North Sea assets

Salunda has secured an agreement to provide BP with its Crew Hawk Red Zone monitoring solution for use across the operator’s North Sea assets.

Transocean announces US$531 million ultra-deepwater drillship contract
1 Aug 20241 min read

Transocean announces US$531 million ultra-deepwater drillship contract

Transocean has announced a 1095-day contract for the Deepwater Invictus with bp in the U.S. Gulf of Mexico.

Westerton Access appoints Regional Manager for Europe and West Africa
31 Jul 20242 min read

Westerton Access appoints Regional Manager for Europe and West Africa

The company has announced the appointment of James Griffin, who has joined the business in the role of Regional Manager, overseeing sales and operations for the company’s Europe and West Africa business unit.

TGS launches new seismic survey in Seram Basin
31 Jul 20241 min read

TGS launches new seismic survey in Seram Basin

This project will cover over 1800 km of new 2D seismic data across the southeastern part of the basin, using a 12 km long offset streamer.

Wood Mackenzie: Amendments by UK’s new government could paralyse investment for next five years
31 Jul 20242 min read

Wood Mackenzie: Amendments by UK’s new government could paralyse investment for next five years

The UK government’s announcement of further changes to the Energy Profits Levy (EPL), a windfall tax aimed at oil and gas companies operating in the North Sea, could paralyse upstream investment for the duration of this parliament if implemented in the October budget according to new research by Wood Mackenzie.

bp gives go-ahead for sixth operated hub, Kaskida, in the US Gulf of Mexico
30 Jul 20242 min read

bp gives go-ahead for sixth operated hub, Kaskida, in the US Gulf of Mexico

bp has taken a final investment decision on the Kaskida project in the US Gulf of Mexico. This demonstrates bp’s long-term commitment to deliver secure, affordable and reliable energy.

Subsea Integration Alliance awarded EPCI contract offshore UK
30 Jul 20242 min read

Subsea Integration Alliance awarded EPCI contract offshore UK

Subsea7 has announced the award of a sizeable contract by bp to Subsea Integration Alliance, for the Murlach development (formerly Skua field), 240 km east of Aberdeen in the UK North Sea.

Strohm wins TCP Flowline contract with TotalEnergies EP Brasil
30 Jul 20243 min read

Strohm wins TCP Flowline contract with TotalEnergies EP Brasil

Deal marks largest commercial award for pipe supply in company’s 16-year history and a first project in the Brazilian pre-salt.

Wood Mackenzie: Lower 48 well costs expected to decline 10% in 2024
30 Jul 20242 min read

Wood Mackenzie: Lower 48 well costs expected to decline 10% in 2024

After peaking in 2023, Lower 48 well costs are expected to decline 10% in 2024 and 1% in 2025, according to a recent report from Wood Mackenzie.

Subsea Integration Alliance awarded EPCI contract offshore UK
29 Jul 20242 min read

Subsea Integration Alliance awarded EPCI contract offshore UK

The project work scope covers the engineering, procurement, construction and installation of the subsea pipelines (SURF) and production systems (SPS).

Westwood shares UK and Norway exploration and production outlook for 2024
29 Jul 20246 min read

Westwood shares UK and Norway exploration and production outlook for 2024

The company outlines its expectations for the UK and Norway’s oil and gas production and exploration in the year ahead.

NOG announces second joint acquisition with Vital Energy in the Delaware Basin
29 Jul 20242 min read

NOG announces second joint acquisition with Vital Energy in the Delaware Basin

Northern Oil and Gas has announced that it has entered into a definitive agreement to acquire a 20% undivided stake in the Point Assets in the Delaware Basin, in partnership with Vital Energy, Inc., for a purchase price net to NOG of US$220 million in cash, subject to typical closing adjustments.

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