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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.

Libra Consortium and Halliburton Landmark collaborate to develop field digital twin
12 Dec 20231 min read

Libra Consortium and Halliburton Landmark collaborate to develop field digital twin

Halliburton Company has announced it will work with Libra Consortium, led by Petrobras, to develop a digital twin for a pre-salt field system in Brazil.

Neptune Energy announces Kyrre discovery and confirmed Ofelia volumes in Gjøa area
12 Dec 20232 min read

Neptune Energy announces Kyrre discovery and confirmed Ofelia volumes in Gjøa area

Neptune Energy and its partners has announced a new discovery at the Kyrre prospect and confirmed the volumes for the Ofelia appraisal well, both located in the PL 929 licence, close to the Gjøa field in the Norwegian sector of the North Sea.

Occidental Petroleum’s purchase of CrownRock pushes annual Permian acquisitions to more than US$100 billion
12 Dec 20232 min read

Occidental Petroleum’s purchase of CrownRock pushes annual Permian acquisitions to more than US$100 billion

Addressing Occidental Petroleum’s (OXY) purchase of CrownRock for US$12 billion, Robert Clarke, Vice President of Upstream Research at Wood Mackenzie said, “This transaction cements an absolute banner year in Permian acquisitions and divestments spend.”

API calls on the Biden Administration to remove barriers to energy production in Alaska
11 Dec 20232 min read

API calls on the Biden Administration to remove barriers to energy production in Alaska

The American Petroleum Institute (API) has called on the Biden administration to recognise the important role that Alaska plays in US energy security and support the continued development of energy resources in the National Petroleum Reserve (NPR-A).

PTTEP yields oil and gas discoveries offshore Malaysia
11 Dec 20232 min read

PTTEP yields oil and gas discoveries offshore Malaysia

The company is poised to expedite the development of these discoveries through a cluster development approach, paving the way for long-term growth in Malaysia.

Energean and Chariot Limited partner on natural gas project offshore Morocco
8 Dec 20236 min read

Energean and Chariot Limited partner on natural gas project offshore Morocco

Chariot Limited’s acreage offshore Morocco includes the 18 Bcm (gross) Anchois gas development and significant exploration prospectivity.

PGS awarded 3D exploration contract in Asia Pacific
8 Dec 20231 min read

PGS awarded 3D exploration contract in Asia Pacific

The Ramform Sovereign is scheduled to mobilise for the survey in December and the contract has a total duration of approximately 50 days.

Invictus Energy Limited announces gas discovery in Zimbabwe
8 Dec 20234 min read

Invictus Energy Limited announces gas discovery in Zimbabwe

The company has announced a gas discovery in the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe.

Eviden announces joint asset performance management solution with Samotics
8 Dec 20232 min read

Eviden announces joint asset performance management solution with Samotics

The collaboration will bring a comprehensive remote asset monitoring solution to global industrial companies and deliver advanced data analytics to drive energy-efficient operations, and reduced energy waste.

Chevron announces US$16 billion 2024 CAPEX budget
7 Dec 20232 min read

Chevron announces US$16 billion 2024 CAPEX budget

The company has announced an expected organic capital expenditure range of US$15.5 – US$16.5 billion for consolidated subsidiaries (CAPEX) and an affiliate capital expenditure (affiliate CAPEX) budget of approximately US$3 billion for 2024.

NPD urges companies to explore proven gas resources on the Norwegian shelf
7 Dec 20235 min read

NPD urges companies to explore proven gas resources on the Norwegian shelf

According to the NPD, there are vast proven gas resources on the Norwegian shelf which are currently without development plans. Much of this gas is located in tight reservoirs – which makes it difficult to produce.

ExxonMobil provides update on Corporate Plan
7 Dec 20235 min read

ExxonMobil provides update on Corporate Plan

The plan reflects a continued execution of the company’s strategy to provide the products society needs and to lower emissions.

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