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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.

Latest phase of pioneering On Demand Ocean Bottom Node project confirmed
19 Jun 20244 min read

Latest phase of pioneering On Demand Ocean Bottom Node project confirmed

Sonardyne has announce the next phase of the pioneering On Demand Ocean Bottom Node (OD OBN) development project in Brazil.

Woodside Energy appoints DeepOcean offshore Senegal
19 Jun 20242 min read

Woodside Energy appoints DeepOcean offshore Senegal

DeepOcean has been awarded frame agreements by Woodside Energy (Senegal) B.V. to provide subsea inspection, maintenance, and repair (IMR) services for the Sangomar field located offshore Senegal, West Africa.

Vallourec wins 5-year contract in Brazil
18 Jun 20241 min read

Vallourec wins 5-year contract in Brazil

Vallourec has announced the signature of a 5 year contract with Equinor in Brazil for the turnkey supply of premium tubes and connections, accessories, and services.

ABL Group complete acquisition of Ross Offshore
18 Jun 20241 min read

ABL Group complete acquisition of Ross Offshore

ABL Group has successfully completed the transaction regarding the planned acquisition of 100 % of the shares of specialist energy consultancy Ross Offshore.

Subsea7 awarded a contract for the Bittern field in the UK North Sea
17 Jun 20241 min read

Subsea7 awarded a contract for the Bittern field in the UK North Sea

Subsea7 S.A. has announced the award of a sizeable contract by Dana Petroleum (E&P) Limited, for the Bittern field development, located approximately 190 km east of Aberdeen in the UK Central North Sea, at a water depth of 90 m.

TotalEnergies sells its subsidiary in Brunei
17 Jun 20241 min read

TotalEnergies sells its subsidiary in Brunei

TotalEnergies has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP B.V. to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for a consideration of US$259 million.

Viasat launches communications service for remote oil and gas customers
14 Jun 20242 min read

Viasat launches communications service for remote oil and gas customers

The integrated service offering powers applications including enterprise-grade solutions for customers’ cloud-based computing services, applications to drive operational efficiency and safety, and enhanced crew welfare offerings.

L&T wins offshore order from ONGC
14 Jun 20241 min read

L&T wins offshore order from ONGC

The Hydrocarbon vertical (L&T Energy) of Larsen & Toubro has secured an order from the Oil & Natural Gas Corporation for Daman Upside Development Project-Wellhead Platforms & Pipelines (DUDP-WP), off India’s west coast.

Viridien makes sale of Sercel vessel monitoring and alert system to ExxonMobil Guyana Ltd
13 Jun 20241 min read

Viridien makes sale of Sercel vessel monitoring and alert system to ExxonMobil Guyana Ltd

The company has announced that its sensing and monitoring business line, marketed under the Sercel brand, has made a sale of its Marlin vessel monitoring and alert system to ExxonMobil Guyana Ltd. to support its offshore operations in Guyana.

Noble grabs first mover advantage as offshore rig market consolidation begins, says Wood Mackenzie
13 Jun 20241 min read

Noble grabs first mover advantage as offshore rig market consolidation begins, says Wood Mackenzie

Leslie Cook, Principal Analyst of Upstream Supply Chain for Wood Mackenzie, addresses Noble Corp’s acquisition of Diamond Offshore.

Eni divests 10% stake in Saipem for €393 million
13 Jun 20242 min read

Eni divests 10% stake in Saipem for €393 million

Following the transaction, Eni's holding in Saipem has been reduced to approximately 21.19%.

PETRONAS awards late life asset PSC for production continuity of Banang Field
13 Jun 20241 min read

PETRONAS awards late life asset PSC for production continuity of Banang Field

PETRONAS, through Malaysia Petroleum Management (MPM) has awarded a late life asset production sharing contract (LLA PSC) for Banang field, located offshore Peninsular Malaysia to Petra Energy Development Sdn. Bhd. (PEDSB), a wholly owned subsidiary of Petra Energy Berhad.

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