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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.

Ocean Installer awarded SURF contract for Troll
26 Jun 20242 min read

Ocean Installer awarded SURF contract for Troll

Ocean Installer have been chosen by Equinor and its partners in the Troll A license as the SURF Contractor for their new 12 billion NOK investment in the Troll Phase 3 – Stage 2 Project.

Odfjell Technology secures well services contract with HEYCO Energy Group
26 Jun 20242 min read

Odfjell Technology secures well services contract with HEYCO Energy Group

The agreement will support Odfjell Technology’s long-term growth plans to expand its well services operations across continental Europe.

Rystad Energy issues oil macro market update
25 Jun 20246 min read

Rystad Energy issues oil macro market update

The company has issued an oil macro market update, encompassing factors and influences that affect oil price movements driven by fundamentals and non-fundamentals factors.

ORLEN Group acquires stake in Atlantis field on Norwegian Continental Shelf
25 Jun 20242 min read

ORLEN Group acquires stake in Atlantis field on Norwegian Continental Shelf

ORLEN Group will become a license partner in one of the five largest discoveries made on the Norwegian Continental Shelf in the last 10 years.

Masirah Oil completes multi-well programme in Yumna field
25 Jun 20241 min read

Masirah Oil completes multi-well programme in Yumna field

Masirah Oil Ltd has announced that its multi-well programme in the offshore Yumna Field in Block 50 Oman, had been completed ahead of the 90-day schedule and below budget.

ONGC and Indian Oil forge strategic partnership to establish LNG plant near Hatta gas field
24 Jun 20241 min read

ONGC and Indian Oil forge strategic partnership to establish LNG plant near Hatta gas field

ONGC and Indian Oil Corporation has signed a memorandum of understanding (MoU) to establish a small-scale liquefied natural gas (LNG) plant near the Hatta Gas Field in the Vindhyan Basin.

Petrobras provides information about FPSO Maria Quitéria
21 Jun 20241 min read

Petrobras provides information about FPSO Maria Quitéria

Petrobras has informed that the FPSO Maria Quitéria is currently en route to Brazil. The platform ship departed from China in May and is expected to arrive at its location in 3Q24.

Vallourec extends its contract with the National Oil Company of Abu Dhabi and wins a new order
21 Jun 20242 min read

Vallourec extends its contract with the National Oil Company of Abu Dhabi and wins a new order

Vallourec has signed with the National Oil Company of Abu Dhabi a two-year extension to the 2019 contract originally worth US$ 900 million. This extension will take effect in January 2025 and will last up to January 2027.

OPITO enhances Helideck safety in the Americas
20 Jun 20242 min read

OPITO enhances Helideck safety in the Americas

The company has launched two training standards for the Americas to improve safety in helideck operations in the region.

Aker BP makes gas discovery in the Barents Sea
20 Jun 20242 min read

Aker BP makes gas discovery in the Barents Sea

This is the first well in production licence 1170, which was awarded in 2022 (APA 2021). The well was drilled by the Scarabeo 8 rig.

TGS secures agreement with Tanzania’s PURA to provide offshore subsurface data
20 Jun 20241 min read

TGS secures agreement with Tanzania’s PURA to provide offshore subsurface data

TGS has signed an agreement with Tanzania’s Petroleum Upstream Regulatory Authority (PURA) to manage and license the country’s extensive offshore subsurface data. This collection includes 2D and 3D seismic data covering an area of over 132 000 KM2.

Wintershall Dea makes gas and condensate discovery in the North Sea
19 Jun 20242 min read

Wintershall Dea makes gas and condensate discovery in the North Sea

The ‘Cuvette’ discovery was made in production licence 248, which was awarded in 1999.

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