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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.

Axis Energy Services announce full electric well service rig
14 Mar 20243 min read

Axis Energy Services announce full electric well service rig

Axis Energy Services has announced its successful deployment of a fully electric well service rig on wells operated by Occidental.

Archer secures platform drilling contract with Equinor
14 Mar 20241 min read

Archer secures platform drilling contract with Equinor

The company has been awarded a four-year contract extension for platform drilling services for Equinor in Norway with an estimated contract value of NOK 8 billion.

Gawain subsea infrastructure successfully decommissioned
13 Mar 20241 min read

Gawain subsea infrastructure successfully decommissioned

Perenco UK has announced a decommissioning milestone with the successful completion of the plug & abandonment of three subsea wells at the Gawain field in the UK Southern North Sea, including the removal of the associated subsea infrastructure.

Talos Energy increases 2024 operational and financial guidance following early closing of QuarterNorth acquisition
12 Mar 20241 min read

Talos Energy increases 2024 operational and financial guidance following early closing of QuarterNorth acquisition

Talos Energy has provided an updated 2024 operational and financial guidance to reflect the closing of the QuarterNorth Energy acquisition earlier than expected. Prior guidance was based on an end 1Q24 close.

United States produces more crude oil than any country
12 Mar 20243 min read

United States produces more crude oil than any country

The United States produced more crude oil than any nation at any time, according to the International Energy Statistics, for the past six years in a row.

Aramco renews general engineering services plus contract with Worley
11 Mar 20241 min read

Aramco renews general engineering services plus contract with Worley

Aramco has awarded Worley a general engineering services plus contract for an additional five years with potential for an extension of up to three) one-year increments.

Liberty lands a pair of offshore blocks in Australia’s Gippsland basin
11 Mar 20241 min read

Liberty lands a pair of offshore blocks in Australia’s Gippsland basin

Liberty Petroleum has been awarded two offshore exploration blocks in Australia’s Gippsland basin.

The President of Côte d’Ivoire Alassane Ouattara and the CEO of Eni Claudio Descalzi announce a major discovery offshore Côte d'Ivoire
8 Mar 20241 min read

The President of Côte d’Ivoire Alassane Ouattara and the CEO of Eni Claudio Descalzi announce a major discovery offshore Côte d'Ivoire

The President of the Republic of Côte d’Ivoire Alassane Ouattara and the Chief Executive Officer of Eni Claudio Descalzi met in Abidjan to discuss Eni’s activities in the country, including the successful results of the exploration well Murene 1X on the discovery named Calao.

BW Energy production from Hibiscus South field five months after discovery
8 Mar 20241 min read

BW Energy production from Hibiscus South field five months after discovery

BW Energy has announced that production has safely started from the DHBSM-1H well in the Hibiscus South field on the Dussafu Licence offshore Gabon five months after the initial discovery was made in November 2023.

Viaro Energy receives NSTA licence approval for acquisition of 15% stake in Bressay
8 Mar 20241 min read

Viaro Energy receives NSTA licence approval for acquisition of 15% stake in Bressay

Viaro Energy has announce that it has received regulatory approval from the North Sea Transition Authority (NSTA) for the assignment in the Bressay oil field licence, following the recently completed acquisition agreement with EnQuest.

Farm-out of 60% of area off-1 block in Uruguay to Chevron
7 Mar 20242 min read

Farm-out of 60% of area off-1 block in Uruguay to Chevron

Challenger Energy has announced that it and its wholly-owned Uruguayan subsidiary, CEG Uruguay SA have entered into a farm-out agreement with Chevron Uruguay Exploration Limited , a wholly-owned subsidiary of Chevron Corporation related to a 60% interest in the AREA OFF-1 block, offshore Uruguay.

Prime Minister flags-off First Crude Oil tanker from ONGC Krishna Godavari deepwater block
7 Mar 20241 min read

Prime Minister flags-off First Crude Oil tanker from ONGC Krishna Godavari deepwater block

Prime Minister Shri Narendra Modi flagged off the ‘first crude oil’ tanker ‘Swarna Sindhu’ from ONGC’s Krishna Godavari deepwater block. At its peak production, this project will add 7% each to India’s oil and gas production.

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