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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

Latest News

Stay up to date with the latest news and updates from the oil industry.

Aramex UK opens new Aberdeen facility
12 Sept 20242 min read

Aramex UK opens new Aberdeen facility

Aramex UK has opened a new branch in Aberdeen as it looks to enhance service for oil and gas clients.

Akselos launches Structural Performance Management for FPSOs
11 Sept 20242 min read

Akselos launches Structural Performance Management for FPSOs

SPM for FPSOs can reduce operational expenditure (OPEX) by up to 35% through optimised inspections and maintenance planning.

Rystad Energy oil macro update: oil market is dominated by a bearish sentiment due to China’s and US’ economic risks
11 Sept 20245 min read

Rystad Energy oil macro update: oil market is dominated by a bearish sentiment due to China’s and US’ economic risks

Rystad Energy oil macro update from 11 September.

Transocean Ltd. announces US$232 million ultra-deepwater drillship contract
11 Sept 20241 min read

Transocean Ltd. announces US$232 million ultra-deepwater drillship contract

Transocean Ltd. has announced a 365 day contract for the Deepwater Atlas with bp in the US Gulf of Mexico.

bp extends partnership with Palantir to integrate AI capabilities
11 Sept 20242 min read

bp extends partnership with Palantir to integrate AI capabilities

The latest agreement builds upon a ten-year collaboration that has seen bp deploy Palantir’s technology in its oil and gas production.

McDermott completes offshore decommissioning project in Western Australia
11 Sept 20241 min read

McDermott completes offshore decommissioning project in Western Australia

McDermott has announced the safe and successful decommissioning of the Campbell platform and associated offshore infrastructure at the Varanus Island hub in Western Australia.

EIA expects oil prices to increase despite concerns over economic growth and petroleum demand
11 Sept 20242 min read

EIA expects oil prices to increase despite concerns over economic growth and petroleum demand

The EIA expects that Brent crude oil prices will return to above US$80/bbl this month.

Aquaterra Energy launches legacy well re-entry and re-abandonment services, enabling CCS and hydrogen storage projects
11 Sept 20243 min read

Aquaterra Energy launches legacy well re-entry and re-abandonment services, enabling CCS and hydrogen storage projects

Newly released Recoverable Abandonment Frame technology could reduce abandonment costs by £20 million per well and cut project timelines by 50%.

Maintenance delay requested on Kazakhstan giant oil field
10 Sept 20242 min read

Maintenance delay requested on Kazakhstan giant oil field

GlobalData reports energy ministers in Kazakhstan have requested that planned maintenance on the country's giant oilfield be delayed as the risk of gas shortages during the winter months looms large.

Deep Industries secures production enhancement operations contract from ONGC
10 Sept 20242 min read

Deep Industries secures production enhancement operations contract from ONGC

The contract, valued at around Rs14.02 billion (US$167 million), is for production enhancement operations at ONGC's mature fields in the Rajahmundry asset.

Denmark's first CO2 storage facility now ready to receive large amounts of CO2
10 Sept 20244 min read

Denmark's first CO2 storage facility now ready to receive large amounts of CO2

The 23 partners behind Project Greensand have now submitted the final report from the pilot project, which has aimed to develop, test and demonstrate safe and efficient storage of CO2 in the North Sea subsurface.

GD Energy Products' 2500Q HDF pumps surpass 10 000 pumping hours and counting
10 Sept 20243 min read

GD Energy Products' 2500Q HDF pumps surpass 10 000 pumping hours and counting

GDEP update: 22 of its 2500Q HDF quintuplex pumps have all exceeded 10 000 pumping hours.

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