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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.

Statoil makes further discovery in Barents sea
11 Jan 20122 min read

Statoil makes further discovery in Barents sea

Statoil ASA together with its partners Eni Norge AS and Petoro AS have made a substantial oil discovery in the Havis prospect in the same licence as Skrugard (PL532) in the Barents Sea.

Wind farms hit high of more than 12% of UK electricity demand
11 Jan 20122 min read

Wind farms hit high of more than 12% of UK electricity demand

RenewableUK praises National Grid’s successful management of high levels of wind output as wind farms reach a high of 12.2% of the UK’s electricity demand.

FMC Technologies awarded $150 million subsea systems contract by Woodside
10 Jan 20121 min read

FMC Technologies awarded $150 million subsea systems contract by Woodside

FMC Technologies, Inc. has signed an agreement with Woodside Energy Ltd. for the design, manufacture and supply of subsea production systems to support the Greater Western Flank (GWF) Phase 1 Project. The contract has a value of approximately US$ 150 million.

Aker Solutions wins drilling contract from DMSE
9 Jan 20121 min read

Aker Solutions wins drilling contract from DMSE

Aker Solutions has been awarded a contract by Daewoo Shipbuilding & Marine Engineering (DSME) for the delivery of a deepwater drilling riser system to the DSME shipyard in South Korea.

Total signs two exploration licenses in Mauritania
9 Jan 20122 min read

Total signs two exploration licenses in Mauritania

Total has signed two exploration licenses with the Mauritanian government that gives it, as operator, a 90% interest in Block C 9 in ultra deep offshore and Block Ta 29 onshore in the Taoudeni basin.

Aker Solutions to supply subsea system to Marathon Oil
9 Jan 20121 min read

Aker Solutions to supply subsea system to Marathon Oil

Aker Solutions has signed a contract with Marathon Oil Norge AS to supply a subsea production system for the operator's Bøyla project on the Norwegian continental shelf.

Schlumberger and Petrofac sign co-operation agreement
5 Jan 20122 min read

Schlumberger and Petrofac sign co-operation agreement

Petrofac and Schlumberger announced today that their Integrated Energy Services (IES) and Schlumberger Production Management (SPM) divisions respectively have signed a Co-operation Agreement under which these divisions will establish a working relationship.

US election campaign energy discussion
5 Jan 20122 min read

US election campaign energy discussion

The American Petroleum Institute is urging energy discussions in the US election campaigns.

Excelerate to develop offshore FSRU for Puerto Rican power company
4 Jan 20121 min read

Excelerate to develop offshore FSRU for Puerto Rican power company

Excelerate Energy is to undertake the development and permitting of a floating offshore LNG regasification facility off the southern coast of Puerto Rico.

Total acquires acreage in Utica shale
3 Jan 20122 min read

Total acquires acreage in Utica shale

Total has acquired a 25% share in Chesapeake’s and EnerVest’s liquids-rich area of the Utica shale play located across 10 counties on the eastern side of the state of Ohio, USA.

Interwell doubles UK facilities, headcount and aims to double revenues in 2012
22 Dec 20113 min read

Interwell doubles UK facilities, headcount and aims to double revenues in 2012

Leading well intervention and integrity specialist, Interwell has recorded significant growth since opening its UK facility in February 2011.

Oil output in Brazil up 3% in November
22 Dec 20112 min read

Oil output in Brazil up 3% in November

Average oil production in Brazil grew 3% in November compared to October, reaching 2,060,695 barrels of oil per day (bpd).

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