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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.

Targa Resources to acquire Lucid Energy from Riverstone Holdings and Goldman Sachs asset management for US$3.55 billion
20 Jun 20224 min read

Targa Resources to acquire Lucid Energy from Riverstone Holdings and Goldman Sachs asset management for US$3.55 billion

Lucid’s Delaware Basin footprint overlays some of the most economic crude oil and natural gas producing acreage in North America. Current rig activity supports over 20 years of drilling inventory on Lucid’s greater than 600 000 dedicated acres

Maersk Drilling secures one-well extension for Maersk Valiant
17 Jun 20221 min read

Maersk Drilling secures one-well extension for Maersk Valiant

TotalEnergies E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work scope of the drillship Maersk Valiant.

Equinor agrees winter gas supplies with UK’s Centrica
17 Jun 20222 min read

Equinor agrees winter gas supplies with UK’s Centrica

Equinor and the UK’s Centrica have signed an agreement which will provide additional supplies of around 1 billion cubic meter (bcm) of gas for each of the coming three heating seasons.

Fishbones launches stimulation technology in the geothermal market
17 Jun 20223 min read

Fishbones launches stimulation technology in the geothermal market

The move will see the company provide an alternative solution for geothermal well enhancement.

Samotics launches new energy efficiency solution
16 Jun 20223 min read

Samotics launches new energy efficiency solution

The new system provides detailed performance and efficiency insights across industrial assets and realise energy savings of 10 – 15% and cut CO2 emissions.

Pioneering UK subsea firm commissions control room following £24million investment
14 Jun 20223 min read

Pioneering UK subsea firm commissions control room following £24million investment

Modus has developed the application of fully automated, low cost, carbon-zero inspection and maintenance services using subsea hybrid autonomous underwater vehicles (HAUVs) to map underwater topography and inspect pipelines, cabling and undersea structures.

Petrofac awarded five-year Integrated Services Provider contract
14 Jun 20222 min read

Petrofac awarded five-year Integrated Services Provider contract

Under the contract, Petrofac will provide onshore and offshore personnel and a range of technical support services. The five-year contract, which has an option to extend, starts in June.

bp reshapes Canada portfolio for strong future growth
13 Jun 20222 min read

bp reshapes Canada portfolio for strong future growth

bp has agreed to sell its 50% interest in the Sunrise oil sands project in Alberta, Canada, to Calgary-based Cenovus Energy.

Oil and gas sector to work with Australian authorities
13 Jun 20222 min read

Oil and gas sector to work with Australian authorities

Australia’s oil and gas industry recognises the issues confronting the east coast electricity market, and gas suppliers will continue to work constructively with regulators and governments.

Equinor makes new discovery near the Johan Castberg field in the Barents Sea
13 Jun 20221 min read

Equinor makes new discovery near the Johan Castberg field in the Barents Sea

Shortly after the Snøfonn North discovery near the Johan Castberg field in the Barents Sea, Equinor has made another oil and gas discovery in Skavl Stø, exploration well 7220/8-3.

IWCF Drilling and Well Control Training Centre of Excellence launches at AIS Survivex in Newcastle, UK
13 Jun 20223 min read

IWCF Drilling and Well Control Training Centre of Excellence launches at AIS Survivex in Newcastle, UK

A new centre for well control training has opened in North East England to train drilling personnel in the oil and gas industry.

Oil Plus and AG Consultancy & Apps Ltd secure first ‘single supply’ Engineering Data & SAP asset management contract
13 Jun 20223 min read

Oil Plus and AG Consultancy & Apps Ltd secure first ‘single supply’ Engineering Data & SAP asset management contract

The two companies’ new joint offering – a complete asset management services package – will support a leading global chemical manufacturer to ensure safe and ongoing operations at its plant in the north-east of England.

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