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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.

Europa Oil and Gas acquire interest in Antler
21 Dec 20232 min read

Europa Oil and Gas acquire interest in Antler

Europa Oil & Gas has announced that it has acquired a 42.9% equity interest in Antler Global Limited via a US$3 million cash subscription for new ordinary shares in Antler.

Shell invests in the Sparta Development in the Gulf of Mexico
20 Dec 20232 min read

Shell invests in the Sparta Development in the Gulf of Mexico

Shell Offshore Inc, a subsidiary of Shell plc, today announced the final investment decision (FID) for Sparta, a deep-water development in the U.S. Gulf of Mexico.

Significant gas discovery at Layaran-1, Indonesia
19 Dec 20231 min read

Significant gas discovery at Layaran-1, Indonesia

Harbour Energy has noted operator Mubadala Energy’s announcement that the Layaran-1 well has made a significant gas discovery on the South Andaman licence (Harbour 20%), offshore North Sumatra, Indonesia.

Capricorn provide North Sea contingent payment update
19 Dec 20232 min read

Capricorn provide North Sea contingent payment update

Capricorn has entered into an agreement for the full settlement of the payment terms of its sale and purchase agreement with Waldorf Production UK PLC relating to the disposal of its previously held interests in the Catcher and Kraken fields.

Alvheim production restored after unplanned downtime
19 Dec 20231 min read

Alvheim production restored after unplanned downtime

During the fourth quarter, Aker BP experienced unplanned downtime at the Alvheim field due to technical issues. This has been resolved, and production is now restored.

DNO Kurdistan production continues to climb
19 Dec 20232 min read

DNO Kurdistan production continues to climb

DNO ASA has announced that gross production from its operated Tawke license in the Kurdistan region of Iraq continues to climb, with the December to date average approaching 90 000 bpd.

Tower Resources executes contract with Borr Drilling Limited
18 Dec 20232 min read

Tower Resources executes contract with Borr Drilling Limited

The company has announced that it has executed a contract with Borr Drilling Limited for the hire of the Norve jack-up rig, one of Borr’s fleet of high-specification drilling units, to drill the NJOM-3 well on Tower’s Thali license in Cameroon in 2024.

TGS completes the imaging phase of the NOAKA OBN multi-client survey located in the North Sea
15 Dec 20232 min read

TGS completes the imaging phase of the NOAKA OBN multi-client survey located in the North Sea

The NOAKA OBN survey was acquired over two seasons in 2021 – 2022 and comprises 434 km2 of multi-client OBN data.

Wood Mackenzie: Brazilian bid round opens new offshore frontier in Pelotas Basin
15 Dec 20232 min read

Wood Mackenzie: Brazilian bid round opens new offshore frontier in Pelotas Basin

A total of 193 blocks were auctioned in Brazil’s December 13 oil and gas licensing round – 192 under concession and one under production sharing agreement.

Dutch large-scale CO2 storage project L10CCS reaches FEED phase
14 Dec 20233 min read

Dutch large-scale CO2 storage project L10CCS reaches FEED phase

Neptune Energy and its partners EBN, Tenaz Energy and ExxonMobil Netherlands CCS, have progressed the L10CCS project from the Concept Select phase into the next Define/FEED phase.

Equinor is increasing its ownership in the Linnorm discovery
14 Dec 20232 min read

Equinor is increasing its ownership in the Linnorm discovery

The company has entered into an agreement to acquire Shell’s equity in and operatorship of the Linnorm discovery in the Norwegian Sea.

Wintershall Dea completes appraisal well on Bergknapp discovery in Norway
13 Dec 20232 min read

Wintershall Dea completes appraisal well on Bergknapp discovery in Norway

The company, in collaboration with its partners, DNO Norge and Equinor, has successfully completed the drilling of an appraisal well at the Bergknapp discovery in the Norwegian Sea.

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