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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.

FPSO Liza Unity purchase by ExxonMobil is complete
10 Nov 20231 min read

FPSO Liza Unity purchase by ExxonMobil is complete

SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of FPSO Liza Unity.

McDermott awarded transportation and installation contract by ONGC
9 Nov 20232 min read

McDermott awarded transportation and installation contract by ONGC

McDermott has been awarded a transportation and installation contract by the Oil and Natural Gas Corporation (ONGC) for the KG-DWN-98/2 development project, located off the east coast of India.

M&P announce the restart of activity in Venezuela
9 Nov 20232 min read

M&P announce the restart of activity in Venezuela

M&P have announced the signing of a set of agreements with PdVSA for the immediate restart of the activity of M&P’s mixed company in Venezuela

Well-Safe Defender adds Appleton well to Spirit Energy scope
9 Nov 20232 min read

Well-Safe Defender adds Appleton well to Spirit Energy scope

The company has signed an agreement with Spirit Energy to add a well from the Appleton field to the existing scope of the Well-Safe Defender semi-submersible rig.

First oil carbon intensity certification
9 Nov 20232 min read

First oil carbon intensity certification

Locus Bio-Energy’s AssurEOR STIM® biosurfactant technology has been certified to reduce the carbon intensity and boost production of crude oil and natural gas operations.

Kenera secures new orders from Arabian Drilling for key drilling technologies
8 Nov 20232 min read

Kenera secures new orders from Arabian Drilling for key drilling technologies

Kenera has secured a contract to deliver five top drives and five iron roughnecks to Arabian Drilling for new build rigs to operate on a major project in Saudi Arabia.

PGS contract award in Mediterranean
8 Nov 20231 min read

PGS contract award in Mediterranean

PGS is awarded a 3D exploration contract in the Mediterranean. The Ramform Titan is scheduled to mobilise for the survey in December and the contract has a total duration of approximately 160 days.

Lime Petroleum to acquire 4 million boe net contingent resources in Brasse Field
8 Nov 20232 min read

Lime Petroleum to acquire 4 million boe net contingent resources in Brasse Field

Lime Petroleum AS has entered into sale and purchase agreements with DNO Norge AS (‘DNO’) and OKEA ASA (‘OKEA’), to acquire 10.7212% and 6.2788% interests respectively in PL740 in the Norwegian North Sea, in which the Brasse Field is expected to start commercial production in 2027.

Dron & Dickson announce industry-first contract award
8 Nov 20232 min read

Dron & Dickson announce industry-first contract award

Dron & Dickson has announced a contract award with Harbour Energy for an integrated electrical engineering and wholesale contract.

Halliburton and Sekal enter agreement  to deliver well construction automation solutions
7 Nov 20231 min read

Halliburton and Sekal enter agreement to deliver well construction automation solutions

Halliburton Company and Sekal AS have announced an agreement to jointly provide leading well construction automation solutions as part of a longer-term strategy to deliver fully automated drilling operations.

NSTA shares letter to licensees outlining expectations for well decommissioning
7 Nov 20231 min read

NSTA shares letter to licensees outlining expectations for well decommissioning

On 01 November 2023, Pauline Innes, Director of Supply Chain and Decommissioning at the NSTA, wrote to licensees reminding them of their obligation to decommission wells in a timely manner.

Halliburton and Oil States Industries collaborate to provide deepwater managed pressure drilling solutions
7 Nov 20231 min read

Halliburton and Oil States Industries collaborate to provide deepwater managed pressure drilling solutions

The companies have announced a strategic collaboration that combines two technology sets to provide customers with innovative deepwater managed pressure drilling (MPD) solutions.

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