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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.

SLB announces agreement to acquire ChampionX in an all-stock transaction
3 Apr 20244 min read

SLB announces agreement to acquire ChampionX in an all-stock transaction

SLB and ChampionX Corporation has announced a definitive agreement for SLB to purchase ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors.

Seatrium announce series of major contracts
3 Apr 20241 min read

Seatrium announce series of major contracts

Seatrium has announced that it has secured a series of major contracts with an aggregate value of US$350 million, to be completed by end of 2025.

APA Corporation completes acquisition of Callon Petroleum Company
2 Apr 20241 min read

APA Corporation completes acquisition of Callon Petroleum Company

APA Corporation has announced that its acquisition of Callon Petroleum Company has been completed.

Prima Energy announce approval of the revised AAL oilfield plan of development
2 Apr 20242 min read

Prima Energy announce approval of the revised AAL oilfield plan of development

Special task force for upstream oil and gas business activities (SKK Migas) in collaboration with production sharing contract (PSC) Prima Energy Northwest Natuna Pte. Ltd. (PENN) have concluded discussions on the revision of the plan of development (PoD) I for the Ande-Ande Lumut (AAL) Oil Field.

Ocean Installer secures  another SLM contract with Equinor
2 Apr 20242 min read

Ocean Installer secures another SLM contract with Equinor

Ocean Installer has secured a new subsea line modification (SLM) project award from Equinor on Åsgard A.

ADNOC announces first production from Belbazem offshore block
27 Mar 20242 min read

ADNOC announces first production from Belbazem offshore block

ADNOC has announced the start of crude oil production from its Belbazem offshore block, underscoring the company’s commitment to responsibly meet the world’s growing demand for energy.

Well-Safe Solutions appoints first-ever Chief Financial Officer to fuel continued growth
25 Mar 20242 min read

Well-Safe Solutions appoints first-ever Chief Financial Officer to fuel continued growth

Well-Safe Solutions has appointed its first-ever Chief Financial Officer as it continues to deliver its strategic growth plans throughout Asia-Pacific and Europe.

PTTEP ramps up G1/61 gas production to 800 million ft3/d
22 Mar 20242 min read

PTTEP ramps up G1/61 gas production to 800 million ft3/d

PTTEP has ramped up the G1/61 Project’s sales volume to 800 million ft3/d as planned. The increased gas delivery will help minimise the impact of electricity price and enhance national energy security.

Tyra II production successfully restarted
22 Mar 20243 min read

Tyra II production successfully restarted

BlueNord ASA has announced that the Tyra Redevelopment Project in the late hours on 21 March 2024 successfully reached an important milestone with the safe restart of production.

Fincantieri and Saipem collaborate in the subsea domain
21 Mar 20241 min read

Fincantieri and Saipem collaborate in the subsea domain

Fincantieri and Saipem have signed a memorandum of understanding to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles and their integration with surface and underwater units.

Heisenberg discovery delineated by appraisal well, sidetrack
21 Mar 20242 min read

Heisenberg discovery delineated by appraisal well, sidetrack

DNO ASA has announced completion of an appraisal well and sidetrack that further delineated the 2023 Heisenberg oil and gas discovery in Norwegian North Sea license PL827SB.

Oceaneering and GDi to collaborate on digital asset management solutions
21 Mar 20242 min read

Oceaneering and GDi to collaborate on digital asset management solutions

Oceaneering International has announced that its integrity management and digital solutions (IMDS) group has signed a strategic collaboration agreement with Global Design Innovation, Ltd. (GDi) to deliver innovative digital asset management solutions for asset-intensive industries such as oil and gas, utilities, and power generation.

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