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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.

Wood Mackenzie: Woodside-BHP merger would create ‘super independent’
16 Aug 20212 min read

Wood Mackenzie: Woodside-BHP merger would create ‘super independent’

Woodside has confirmed it is in discussions with BHP over a potential merger involving BHP’s entire petroleum business.

OEM Group awarded North Sea contract with PBS
13 Aug 20212 min read

OEM Group awarded North Sea contract with PBS

OEM Group has secured a seven-figure contract with PBS.

GlobalData: Brazil leads global offshore crude and condensate production from upcoming projects in 2025
13 Aug 20212 min read

GlobalData: Brazil leads global offshore crude and condensate production from upcoming projects in 2025

Brazil alone is expected to contribute approximately 23% or 1.3 million bbl/d of global crude oil and condensate production in 2025 from key offshore planned and announced projects that are expected to start operations between 2021 – 2025, according to GlobalData.

Huisman to deliver installation tools for DEME’s offshore installation vessel Orion
13 Aug 20212 min read

Huisman to deliver installation tools for DEME’s offshore installation vessel Orion

Huisman has announced the signing of a contract with DEME for the delivery of a lifting spreader and a set of adaptive damping tugger winches for DEME’s offshore installation vessel Orion.

Fugro delivers subsea positioning support for GUPCO
13 Aug 20211 min read

Fugro delivers subsea positioning support for GUPCO

Fugro has deployed its QuickVision technology as part a subsea installation programme for Gulf of Suez Petroleum Company.

23rd WPC announces innovation zone
13 Aug 20213 min read

23rd WPC announces innovation zone

The 23rd World Petroleum Congress Organizing Committee has announced the launch of the Innovation Zone, a captivating new feature on the exhibition floor of the Congress, which will take place in-person in Houston from 5 – 9 December 2021 at the George R. Brown Convention Center.

GlobalData: Offshore acreage dominates global licensing rounds that are due to close in 2H21
12 Aug 20212 min read

GlobalData: Offshore acreage dominates global licensing rounds that are due to close in 2H21

Over 35% of the acreage available in licensing rounds that are either open or scheduled to close in 2H21 are located in shallow water, while ultra-deep water and deepwater acreage account for 24% and 19%, respectively, according to GlobalData.

C-Innovation awarded multi-year riserless light well intervention contract
12 Aug 20211 min read

C-Innovation awarded multi-year riserless light well intervention contract

C-Innovation, LLC has been awarded a multi-year contract for riserless light well intervention services with a major operator in the Gulf of Mexico.

Safety io achieves new certification
12 Aug 20212 min read

Safety io achieves new certification

Safety io, a software subsidiary of MSA – The Safety Company, has recently achieved ISO/IEC 27001:2013 certification for its information security management practices.

Salunda Ltd releases new analytics product
11 Aug 20212 min read

Salunda Ltd releases new analytics product

New Crew Hawk Analytics from Salunda Ltd provides faster, easier and more accurate decision-making capabilities in the offshore oil and gas sector, delivering enhanced levels of safety protection and management of people and assets in the drilling Red Zone.

Xodus awarded contract for PETRONAS’ CCS Project in Malaysia
11 Aug 20212 min read

Xodus awarded contract for PETRONAS’ CCS Project in Malaysia

Xodus has been awarded the conceptual engineering design contract for PETRONAS’ first complete carbon, capture and storage project, offshore Malaysia.

Caley Ocean Systems and IMES International become part of Pryme Group
11 Aug 20214 min read

Caley Ocean Systems and IMES International become part of Pryme Group

Caley Ocean Systems and IMES International have merged with Pryme Group to create a business with broad capabilities supplying products, services and solutions to the energy, defence and other industrial markets.

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