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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

Latest News

Stay up to date with the latest news and updates from the oil industry.

Aker BP and partners discover gas in wildcat well 7324/8-4
28 Jun 20242 min read

Aker BP and partners discover gas in wildcat well 7324/8-4

This is the second well to be drilled in production licence 1170, which was awarded in APA 2021.

CGX Energy and Frontera Energy file notice of potential commercial interest for Wei-1 Well, offshore Guyana
28 Jun 20241 min read

CGX Energy and Frontera Energy file notice of potential commercial interest for Wei-1 Well, offshore Guyana

CGX Energy and Frontera Energy, joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, today announced that the joint venture has submitted a notice of potential commercial interest for the Wei-1 discovery to the Government of Guyana, which preserves the joint venture’s interests in the License.

The Prax Group signs an agreement to acquire TotalEnergies’ upstream assets
28 Jun 20242 min read

The Prax Group signs an agreement to acquire TotalEnergies’ upstream assets

The Prax Group has announced the signing of an agreement to acquire TotalEnergies’ interests in the Greater Laggan Area fields and the onshore Shetland Gas Plant, as well as its interests in several nearby exploration licenses.

Transocean Announces US$188 million ultra-deepwater drillship contract extension
27 Jun 20241 min read

Transocean Announces US$188 million ultra-deepwater drillship contract extension

Transocean has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico.

Eni agreement to sell upstream assets in Alaska
27 Jun 20241 min read

Eni agreement to sell upstream assets in Alaska

Eni has signed a binding agreement with Hilcorp, one of the largest US private company with extensive experience operating in Alaska, for the sale of 100% of the Nikaitchuq and Oooguruk assets owned by Eni in Alaska.

Commercial oil and gas discovery in the Gjøa area in the North Sea
27 Jun 20242 min read

Commercial oil and gas discovery in the Gjøa area in the North Sea

The Vår Energi operated Cerisa exploration well in production license PL 636 was successful with estimated gross recoverable resources of between 18 – 39 million boe.

Pytheas Energy acquires interest in three oil-producing properties
26 Jun 20241 min read

Pytheas Energy acquires interest in three oil-producing properties

Pytheas Energy has announced the addition of three producing oil and gas properties to its growing portfolio, the Andrews Crane Asset, the Bakken Asset, and the Minerva-Rockdale Asset.

AGR secures resourcing frame agreement with Repsol Norge
26 Jun 20241 min read

AGR secures resourcing frame agreement with Repsol Norge

AGR have been awarded a frame agreement contract with Repsol Norge for the provision of specialist workforce to the operator’s onshore and offshore Norway operations.

Ocean Installer awarded SURF contract for Troll
26 Jun 20242 min read

Ocean Installer awarded SURF contract for Troll

Ocean Installer have been chosen by Equinor and its partners in the Troll A license as the SURF Contractor for their new 12 billion NOK investment in the Troll Phase 3 – Stage 2 Project.

Odfjell Technology secures well services contract with HEYCO Energy Group
26 Jun 20242 min read

Odfjell Technology secures well services contract with HEYCO Energy Group

The agreement will support Odfjell Technology’s long-term growth plans to expand its well services operations across continental Europe.

Rystad Energy issues oil macro market update
25 Jun 20246 min read

Rystad Energy issues oil macro market update

The company has issued an oil macro market update, encompassing factors and influences that affect oil price movements driven by fundamentals and non-fundamentals factors.

ORLEN Group acquires stake in Atlantis field on Norwegian Continental Shelf
25 Jun 20242 min read

ORLEN Group acquires stake in Atlantis field on Norwegian Continental Shelf

ORLEN Group will become a license partner in one of the five largest discoveries made on the Norwegian Continental Shelf in the last 10 years.

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