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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.

PETRONAS makes oil discovery in Suriname's offshore block 52
3 Nov 20232 min read

PETRONAS makes oil discovery in Suriname's offshore block 52

PETRONAS’ subsidiary, PETRONAS Suriname E&P B.V. (PETRONAS Suriname E&P), has made an oil discovery at the Roystonea-1 exploration well in Suriname’s Block 52.

Chariot Limited receives approval for EIA on Anchois gas development project
2 Nov 20232 min read

Chariot Limited receives approval for EIA on Anchois gas development project

The company has announced that it has received approval for its Environmental Impact Assessment from the Moroccan Ministry of Energy Transition and Sustainable Development on the Anchois gas development project offshore Morocco.

TGS is awarded four-year extension to reservoir monitoring and source acquisition contract in Norway
2 Nov 20231 min read

TGS is awarded four-year extension to reservoir monitoring and source acquisition contract in Norway

The company’s reservoir monitoring and source acquisition services utilise technology to gather critical data on subsurface reservoirs.

Intelligent Wellhead Systems introduce new application for wellsite operation personnel
2 Nov 20231 min read

Intelligent Wellhead Systems introduce new application for wellsite operation personnel

Intelligent wellhead systems (IWS), has announced the introduction of Wellsite Watch™, an application which provides digital, simplified personnel management for wellsite operations personnel.

Proserv technology helps accelerate Woodside’s Shenzi North first oil
2 Nov 20233 min read

Proserv technology helps accelerate Woodside’s Shenzi North first oil

Proserv and Trendsetter Engineering will deliver a high integrity pressure protection system to accelerate initial production at Woodside Energy’s Shenzi extension ahead of first targeted oil.

Government approves new offshore model production sharing contract in Bangladesh
1 Nov 20231 min read

Government approves new offshore model production sharing contract in Bangladesh

TGS has announced the recent approval by the Bangladesh Government of the new offshore model production sharing contract 2023 (PSC).

Subsea7 awarded major contract offshore Brazil
1 Nov 20231 min read

Subsea7 awarded major contract offshore Brazil

Subsea7 has confirmed the award of a major contract amendment by Petrobras for the development of the Mero 4 field located approximately 200 km off the coast of the state of Rio de Janeiro, Brazil.

Dnex’s energy unit secures new production sharing contract with Petronas in Malaysia
31 Oct 20232 min read

Dnex’s energy unit secures new production sharing contract with Petronas in Malaysia

The 10-year PSC grants PPSB the right to develop and produce the petroleum and gas resources from the three fields.

Serica Energy looking at redevelopment of Kyle offshore field
31 Oct 20232 min read

Serica Energy looking at redevelopment of Kyle offshore field

Serica Energy has announced the award of a 100% interest in UK block 29/2a to its wholly owned subsidiary Tailwind Energy Chinook Limited in the UKCS 33rd offshore licensing round. The award is subject to the execution of licence documentation.

27 licences offered in first batch of 33rd oil and gas licensing round
31 Oct 20233 min read

27 licences offered in first batch of 33rd oil and gas licensing round

North Sea production has received a significant boost with the offer of 27 new licences in areas prioritised because they have the potential to go into production more quickly than others.

DNO awarded operated blocks in UK offshore licensing round
30 Oct 20231 min read

DNO awarded operated blocks in UK offshore licensing round

DNO ASA, the Norwegian oil and gas operator, has announced that its wholly-owned subsidiary DNO North Sea (UK) Limited has been awarded a 50 % operated interest in Blocks 9/9f, 9/10c, 9/14c and 9/15d in United Kingdom’s 33rd offshore licensing round. Aker BP will hold the remaining 50 % in the licensed area.

Minimising FPSO downtime with corrosion protection during fabrication
30 Oct 20233 min read

Minimising FPSO downtime with corrosion protection during fabrication

Floating production storage and offloading (FPSO) units are on the upward trend in the oil and gas industry because of their flexibility to meet changing demands in an unpredictable market.

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