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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.

Matador Resources Company announces strategic bolt-on Delaware Basin acquisition
13 Jun 20242 min read

Matador Resources Company announces strategic bolt-on Delaware Basin acquisition

Matador Resources has announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, including certain oil and natural gas producing properties and undeveloped acreage located in Lea County, New Mexico and Loving and Winkler Counties, Texas.

Drilling update booth well in l7 permit Perth basin
12 Jun 20242 min read

Drilling update booth well in l7 permit Perth basin

Triangle Energy Global has advised that preparatory works by the L7 Joint Venture with Strike Energy and New Zealand Oil and Gas to drill the Booth-1 well in the North Perth Basin are nearing completion and all regulatory approvals have been received.

MODEC, Inc. congratulates Woodside on first oil from Sangomar field
12 Jun 20242 min read

MODEC, Inc. congratulates Woodside on first oil from Sangomar field

The FPSO Léopold Sédar Senghor deployed at the field was constructed by MODEC and acquired under an FPSO purchase contract by Woodside Energy (Senegal) B.V., as operator of the Sangomar Field Development Phase 1.

Aker Solutions secures long-term brownfield and modification frame agreement with Azule Energy
12 Jun 20242 min read

Aker Solutions secures long-term brownfield and modification frame agreement with Azule Energy

Aker Solutions has secured a sizeablelong term frame agreement with Azule Energy to provide engineering, procurement, and construction services (EPC) for brownfield projects and modifications for two FPSOs in Angola.

Wood to deliver engineering contract with TotalEnergies in Iraq
12 Jun 20241 min read

Wood to deliver engineering contract with TotalEnergies in Iraq

The company will provide front-end engineering design (FEED), detailed design, procurement support, and construction and commissioning assistance for the first phase of the Associated Gas Upstream Project.

Sintana Energy acquires 49% of Giraffe Energy
11 Jun 20241 min read

Sintana Energy acquires 49% of Giraffe Energy

Sintana Energy has closed its previously announced acquisition of an initial 49 % interest in Giraffe Energy Investments, pursuant to a definitive agreement dated effective April 24 2024, with Crown Energy and Giraffe.

FEED contract award for the Zama project offshore Mexico
11 Jun 20242 min read

FEED contract award for the Zama project offshore Mexico

The Zama Unit partners Wintershall Dea, Pemex (operator), Talos Energy and Harbour Energy have awarded the front-end engineering and design contract (FEED) for the development of the Zama oil field to the French engineering company DORIS.

Baker Hughes awarded major integrated solutions contract for Petrobras’ offshore fields
11 Jun 20241 min read

Baker Hughes awarded major integrated solutions contract for Petrobras’ offshore fields

Baker Hughes has announced a significant order from Petrobras for workover and plug and abandonment (P&A) services in pre-salt and post-salt fields offshore Brazil.

Woodside achieves first oil at Sangomar in Senegal
11 Jun 20242 min read

Woodside achieves first oil at Sangomar in Senegal

The company has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project.

Rystad Energy issues oil market update following OPEC+ meeting
10 Jun 20244 min read

Rystad Energy issues oil market update following OPEC+ meeting

The decline in the price of prompt Brent can be attributed to apprehensions regarding the demand for gasoline and diesel triggered refinery run cuts, according to Rystad Energy.

Wood completes preliminary engineering for world’s largest carbon capture sequestration hub in Saudi Arabia
10 Jun 20242 min read

Wood completes preliminary engineering for world’s largest carbon capture sequestration hub in Saudi Arabia

The company has completed the front-end engineering and design (FEED) scope for the first phase of Aramco’s Accelerated Carbon Capture and Sequestration (ACCS) project in Saudi Arabia, expected to be the world’s largest carbon capture and sequestration (CCS) hub, upon completion.

TGS and Liberia sign new multi-client 2D and 3D seismic reprocessing agreements
10 Jun 20242 min read

TGS and Liberia sign new multi-client 2D and 3D seismic reprocessing agreements

This initiative will rejuvenate the remaining 2D and 3D data in Liberia's prospective Liberia and Harper Basins.

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