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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.

TWMA announced as Going Global winner at Northern Star Business Awards
22 Apr 20241 min read

TWMA announced as Going Global winner at Northern Star Business Awards

The award recognises companies that have exemplified consistent global growth and implemented a successful strategy to enter new markets.

Equinor completes appraisal well on Wisting discovery in the Barents Sea
22 Apr 20241 min read

Equinor completes appraisal well on Wisting discovery in the Barents Sea

The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery.

SLB introduces two artificial lift systems
22 Apr 20242 min read

SLB introduces two artificial lift systems

Connected to digital services for continuous live surveillance and real-time optimisation, these technologies are set to improve operational stability, enabling faster installation and production, with lower power consumption, operating costs and carbon emissions.

Rystad Energy shares oil market update
19 Apr 20243 min read

Rystad Energy shares oil market update

As the US reimposes Venezuela oil sanctions, the door opens for special licenses. Rystad Energy’s Senior Vice President, Jorge León, provides an oil market update.

SBM Offshore signs a US$250 million short-term corporate facility
19 Apr 20241 min read

SBM Offshore signs a US$250 million short-term corporate facility

SBM Offshore has announced that it has secured a US$250 million term loan facility.

Strohm wins third and largest ever TCP ‘jumpers on demand’ contract from ExxonMobil Guyana
18 Apr 20242 min read

Strohm wins third and largest ever TCP ‘jumpers on demand’ contract from ExxonMobil Guyana

ExxonMobil Guyana has awarded Strohm a TCP “jumper on demand” contract for the supply of TCP for the Whiptail project. This brings the project count for the Netherlands-based manufacturer to three for ExxonMobil Guyana, following previous awards for the Yellowtail and Uaru projects.

bp begins oil production from major new platform offshore Azerbaijan
18 Apr 20243 min read

bp begins oil production from major new platform offshore Azerbaijan

bp, as operator of the Azeri-Chirag-Gunashli (ACG) project, has announced the start-up of oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector of the Caspian Sea.

Petrofac supporting National Oil Company of Equatorial Guinea
18 Apr 20242 min read

Petrofac supporting National Oil Company of Equatorial Guinea

Petrofac, has been awarded a technical services contract by Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), the National Oil Company of Equatorial Guinea, to support the operation of the region’s Block B asset.

88 Energy announce second light oil discovery
17 Apr 20242 min read

88 Energy announce second light oil discovery

88 Energy has announced further successful flow test results from the Company’s Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska.

Seatrium and A*STAR join forces to explore new energies and AI in offshore and marine applications
17 Apr 20242 min read

Seatrium and A*STAR join forces to explore new energies and AI in offshore and marine applications

Seatrium and Singapore’s Agency for Science, Technology and Research (A*STAR) has inked a memorandum of understanding (MoU) to explore research opportunities in new energies and artificial intelligence (AI) to develop innovative products and engineering solutions for the offshore and marine sector.

SLB awarded three completion contracts for Petrobras’ Buzios Field
16 Apr 20241 min read

SLB awarded three completion contracts for Petrobras’ Buzios Field

SLB has been awarded three contracts by Petrobras (NYSE: PBR) for completion hardware and services for up to 35 subsea wells in the development of Petrobras’ offshore Buzios Wave II oilfield.

Three oil discoveries in the Gulf of Thailand
16 Apr 20241 min read

Three oil discoveries in the Gulf of Thailand

Valeura Energy has announced three oil discoveries on its assets in the offshore Gulf of Thailand.

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