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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.

Sulzer supports TechnipFMC on pumps for subsea oil and gas separation
4 Jun 20243 min read

Sulzer supports TechnipFMC on pumps for subsea oil and gas separation

Sulzer Flow Equipment has been collaborating with TechnipFMC to develop and test supercritical CO2 pumps for Petrobras’ HISEP technology since 2017.

GTA LNG project reaches milestone with arrival of FPSO vessel
4 Jun 20242 min read

GTA LNG project reaches milestone with arrival of FPSO vessel

The floating production storage and offloading (FPSO) vessel, a key component of the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development, has arrived at its final location offshore on the maritime border of Mauritania and Senegal.

Seatrium and M1 partner to accelerate digital transformation with 5G connectivity in yard operations
4 Jun 20242 min read

Seatrium and M1 partner to accelerate digital transformation with 5G connectivity in yard operations

Seatrium and M1 have jointly signed a memorandum of understanding (MoU) to accelerate digital connectivity to aid yard operations, marking a significant milestone in Seatrium’s digital transformation journey.

Amarinth secures pump order for FPSO Agogo, Angola
4 Jun 20242 min read

Amarinth secures pump order for FPSO Agogo, Angola

Amarinth has announced an order for the FPSO Agogo, currently under construction by Yinson Production and destined for offshore Angola.

PTSC M&C enters significant EPCI contract with a subsidiary of US-based Murphy Oil Corporation
4 Jun 20243 min read

PTSC M&C enters significant EPCI contract with a subsidiary of US-based Murphy Oil Corporation

PTSC Mechanical & Construction has signed an EPCIC contract for its first major project with Murphy Cuu Long Bac Oil Co, Ltd. (MCB) for the Lac Da Vang Oil Field Development, offshore Vietnam.

Fortress Downhole Tools expands operations across the US
3 Jun 20241 min read

Fortress Downhole Tools expands operations across the US

This growth will enhance Fortress’ ability to serve key basins with increased efficiency and responsiveness.

Subsea7 awarded four PLSV contracts in Brazil
3 Jun 20241 min read

Subsea7 awarded four PLSV contracts in Brazil

Subsea 7 has announced, after a competitive tender process, the award by Petrobras of four long-term day-rate contracts for pipelay support vessels (PLSVs) commencing in 2025.

Appraisal confirms material Hibiscus field reserve increase
3 Jun 20241 min read

Appraisal confirms material Hibiscus field reserve increase

BW Energy has concluded the drilling and the logging of the DHIBM-7P pilot well, confirming a substantial oil discovery with good reservoir quality and a material uplift to the Hibiscus area.

Seeq’s analytics platform selected by Equinor
3 Jun 20241 min read

Seeq’s analytics platform selected by Equinor

The companies have announced a multi-year commercial agreement for the Seeq Industrial Analytics and AI platform to be leveraged across Equinor’s global assets to further accelerate digital transformation outcomes.

MRDC and Twinza execute agreements over the Pasca A Project
31 May 20242 min read

MRDC and Twinza execute agreements over the Pasca A Project

Twinza Oil have announced that they have obtained all internal approvals and executed a series of binding agreements for MRDC to take an up to 50% participating interest in the Pasca A Development Project and for the companies to cooperate in the acquisition and development of other oil and gas assets in Papua New Guinea.

Subsea7 awarded ‘super-major’ contract offshore Brazil
31 May 20241 min read

Subsea7 awarded ‘super-major’ contract offshore Brazil

Subsea 7 S.A. has announced the award of a super-major contract by Petrobras, after winning a competitive tender, for the development of the Búzios 9 field located approximately 180 km off the coast of the state of Rio de Janeiro, Brazil, at 2000 m water depth in the pre-salt Santos basin.

ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction
30 May 20242 min read

ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction

ConocoPhillips and Marathon Oil Corporation has announced that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of US$22.5 billion, inclusive of US$5.4 billion of net debt.

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