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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.

Architecting predictive intelligence in oil and gas
27 Jan 20269 min read

Architecting predictive intelligence in oil and gas

Ellen F. Warren interviews Praveen Shiveswara Sridharamurthy on real-time data, cloud, and AI.

Syrian oil and gas production set to recover in 2026 as government regains control of key assets, says Wood Mackenzie
23 Jan 20263 min read

Syrian oil and gas production set to recover in 2026 as government regains control of key assets, says Wood Mackenzie

Recent actions by the Syrian government could pave the way for increased oil and gas production this year and beyond, according to a recent insight from Wood Mackenzie.

Wood Mackenzie reveals five North Sea upstream themes to look out for in 2026
22 Jan 20265 min read

Wood Mackenzie reveals five North Sea upstream themes to look out for in 2026

Investment to fall as Norway projects unwind while UK faces lowest spending in over 50 years.

ModuSpec secures DNV Technology Qualification for BOP real-time monitoring
16 Jan 20263 min read

ModuSpec secures DNV Technology Qualification for BOP real-time monitoring

DNV approval validates ModuSpec’s integrated Argus well control assurance platform, paving way for deployment in the Norwegian offshore market.

First oil at new platform is major milestone for Chevron in Angola
16 Jan 20262 min read

First oil at new platform is major milestone for Chevron in Angola

Chevron’s South N’dola Platform in Angola delivered first oil in December. The milestone comes just over two years after construction on the platform began.

Petrobras surpasses 2025 production targets
16 Jan 20262 min read

Petrobras surpasses 2025 production targets

Petrobras announces that, in 2025, its oil production reached 2.40 million bpd, exceeding the upper limit of the target (+4%) set in its 2025 - 2029 Business Plan by 0.5 percentage points.

The International Gas Union releases 'The Role of Gas in Powering AI-Driven Energy Demand' Report
15 Jan 20261 min read

The International Gas Union releases 'The Role of Gas in Powering AI-Driven Energy Demand' Report

Electricity demand growth is surging as data centres are becoming the new 'industrial load' of the artificial intelligence (AI) economy, and their electricity consumption is projected to double to 800 - 1000 TWh by 2030.

Equinor awarded 35 new production licenses on the Norwegian continental shelf
14 Jan 20262 min read

Equinor awarded 35 new production licenses on the Norwegian continental shelf

Equinor has been awarded 35 new production licenses by the Ministry of Energy in this year's APA, Awards in Predefined Areas.

FARO and Creaform combine to form two new business units
14 Jan 20262 min read

FARO and Creaform combine to form two new business units

Purpose-built for customers: FARO CREAFORM, turning portable and automated dimensional measurement into strategic advantage for manufacturers, and FARO INSIGHT, transforming captured reality into trusted insight for construction, public safety, and geospatial professionals.

TotalEnergies enters Block 8 offshore exploration permit
12 Jan 20261 min read

TotalEnergies enters Block 8 offshore exploration permit

TotalEnergies (35%, operator) and its partners Eni (35%) and QatarEnergy (30%) have signed an agreement with the Lebanese government to enter Block 8 exploration permit offshore Lebanon.

What the Venezuela regime change means for oil production, crude and product markets
7 Jan 20264 min read

What the Venezuela regime change means for oil production, crude and product markets

Venezuelan production recovery faces decade-long timeline despite near-term supply gains, Wood Mackenzie finds.

INEOS Energy announces new Norphlet oil discovery in the Gulf of Mexico
5 Jan 20262 min read

INEOS Energy announces new Norphlet oil discovery in the Gulf of Mexico

The Nashville exploration well was drilled more than five miles beneath the seabed and confirmed high-quality oil in one of the Gulf’s most promising deepwater formations.

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