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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.

Optime Subsea contracted by Equinor to deliver ROCS for Irpa field development
21 Mar 20242 min read

Optime Subsea contracted by Equinor to deliver ROCS for Irpa field development

The latest award comes only three months after Equinor ordered a ROCS for use at its Rosebank field, west of Shetland, UK.

Dril-Quip and Innovex to combine creating unique energy industrial platform
20 Mar 20243 min read

Dril-Quip and Innovex to combine creating unique energy industrial platform

Dril-Quip and Innovex Downhole Solutions has announced a definitive agreement under which Dril-Quip and Innovex will merge in an all-stock transaction to create a unique energy industrial platform.

Savannah Energy to take control of Stubb Creek oil and gas field in Nigeria
20 Mar 20242 min read

Savannah Energy to take control of Stubb Creek oil and gas field in Nigeria

Savannah Energy PLC has announced that it has signed separate share purchase agreements with Sinopec International Petroleum Exploration and Production Corporation (SIPC) and Jagal Ventures Ltd (Jagal) to acquire 100% of the outstanding share capital of Sinopec International Petroleum Exploration and Production Company Nigeria Ltd.

Emerson’s new acoustic particle monitor minimises erosion risk to help optimise oil and gas production
19 Mar 20242 min read

Emerson’s new acoustic particle monitor minimises erosion risk to help optimise oil and gas production

Emerson has announced the release of the Rosemount™ SAM42 Acoustic Particle Monitor for measuring the amount of entrained sand in the output from oil and gas wells.

CNOOC announce a 100 million t oilfield discovery of Qinhuangdao 27-3 in Bohai Sea
19 Mar 20242 min read

CNOOC announce a 100 million t oilfield discovery of Qinhuangdao 27-3 in Bohai Sea

CNOOC has announced that the company has made a major oilfield discovery of Qinhuangdao 27-3 in Bohai Sea, which adds over a 100 million t of oil equivalent proved in-place volume.

ExxonMobil Guyana announces new discovery
18 Mar 20241 min read

ExxonMobil Guyana announces new discovery

ExxonMobil Guyana has announced a discovery at Bluefin in the Stabroek block offshore Guyana, the company’s first discovery of 2024.

Blackford Dolphin secures drilling contract from Oil India
18 Mar 20241 min read

Blackford Dolphin secures drilling contract from Oil India

Dolphin Drilling AS has announced the award of a US$154 million drilling contract from Oil India Limited.

Upstream FIDs to increase in 2024, with focus on deepwater resources
15 Mar 20242 min read

Upstream FIDs to increase in 2024, with focus on deepwater resources

Up to 30 upstream projects larger than 50 million boe could reach FID in 2024, an increase from 22 in 2023, according to a new report from Wood Mackenzie.

Subsea7 awarded contract offshore Mexico
15 Mar 20241 min read

Subsea7 awarded contract offshore Mexico

The company has announced the award of a contract by Woodside Energy to provide subsea installation services for the Trion development.

Equinor looks to extend contracts with Archer AS, KCA Deutag Drilling Norway AS and Odfjell Operations
14 Mar 20242 min read

Equinor looks to extend contracts with Archer AS, KCA Deutag Drilling Norway AS and Odfjell Operations

The options for drilling services on fixed installations on the Norwegian continental shelf provide jobs for 2000 people per year, and have an estimated value of NOK 18.4 billion.

Wellvene and Marwell as team up to introduce new well intervention technology to Norway
14 Mar 20242 min read

Wellvene and Marwell as team up to introduce new well intervention technology to Norway

Wellvene has signed an agreement with integrated completions provider Marwell AS to bolster its significant growth in Norway and bring new products to the region’s growing well intervention market.

Parker Wellbore and TDE have entered into an alliance to pilot tde powerline™
14 Mar 20243 min read

Parker Wellbore and TDE have entered into an alliance to pilot tde powerline™

Parker Wellbore and TDE have entered into an exclusive strategic alliance aimed at revolutionising the drilling process.

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