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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.

Natural carbon sinks absorb 40% of human CO2 emissions and are not valued in most climate models, says Wood Mackenzie
3 Sept 20264 min read

Natural carbon sinks absorb 40% of human CO2 emissions and are not valued in most climate models, says Wood Mackenzie

New analysis finds land and ocean sinks are weakening and carbon prices and coverage fall short of what is needed to protect them, leaving net zero strategies built on unverified foundations.

Baker Hughes collaborates with OGDC to optimise existing well production, supporting energy continuity in Pakistan
3 Sept 20262 min read

Baker Hughes collaborates with OGDC to optimise existing well production, supporting energy continuity in Pakistan

Baker Hughes, an energy technology company, announced on Wednesday a multi-year contract with Oil & Gas Development Company (OGDC) to maximise production performance from its mature oil and gas fields.

Form first oil to late life
31 Aug 20264 min read

Form first oil to late life

James Ferguson, Hunting Subsea Technologies, describes a lifecycle approach to subsea engineering that connects standardised hardware, intervention capability, and enhanced reservoir recovery.

DNV: the growing tail of oil demand destruction
27 Aug 20264 min read

DNV: the growing tail of oil demand destruction

Sverre Alvik, VP and Energy Transition Outlook director, DNV, argues that the longer the Hormuz crisis lasts, the heavier the tail of permanent demand destruction.

The International Gas Union and Snam release the 2026 Global Gas Report
25 Aug 20266 min read

The International Gas Union and Snam release the 2026 Global Gas Report

Following a record gas demand in 2025, the 2026 global gas report shows a more resilient gas system faces a more demanding energy future.

A practical path to security of supply
24 Aug 20264 min read

A practical path to security of supply

Andreas Fliss, Norway Country Manager for James Fisher, explores how electrification, digitalisation, and asset intelligence in Norway’s upstream sector is supporting both energy security and net zero targets simultaneously.

DNV acquires Equinor digital solution to enhance subsea wellhead fatigue management
24 Aug 20263 min read

DNV acquires Equinor digital solution to enhance subsea wellhead fatigue management

DNV, the independent energy expert and assurance provider, has agreed to acquire WellSpot, a digital solution that Equinor has developed and operated over the past 15 years.

Rockwell Automation helps Petrobras cut time, cost, and engineering effort through advanced process control and automation solutions
20 Aug 20268 min read

Rockwell Automation helps Petrobras cut time, cost, and engineering effort through advanced process control and automation solutions

Faster and easier integration delivered by ‘Connected Vessel’ control and safety solutions.

Australian government awards Zenith Energy Australia contract to lead phase 2 of the Northern Endeavour decommissioning programme
20 Aug 20264 min read

Australian government awards Zenith Energy Australia contract to lead phase 2 of the Northern Endeavour decommissioning programme

The Northern Endeavour decommissioning programme is one of the most significant offshore decommissioning programmes currently underway in the Asia-Pacific region.

New wellbore cleaning solution trials at heart of Pipetech's performance
19 Aug 20263 min read

New wellbore cleaning solution trials at heart of Pipetech's performance

Denholm Pipetech (Pipetech), a Denholm Environmental subsidiary, is celebrating a summer of activity that included delivering some of its best-known remediation services and a breakthrough in an upcoming wellbore cleaning solution.

Metatek expands Southeast Asian footprint with energy exploration contract awarded in the Philippines
17 Aug 20262 min read

Metatek expands Southeast Asian footprint with energy exploration contract awarded in the Philippines

UK geophysical company Metatek Group has been awarded a multi-disciplinary airborne geoscience data acquisition contract by the Department of Energy (DOE) of the Government of the Philippines to support their strategy to improve domestic energy security.

The industrialisation of engineering intelligence
17 Aug 20266 min read

The industrialisation of engineering intelligence

NPTLabs XRF Fi discusses how the next competitive advantage will not come from engineering intelligence.

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