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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.

Joint study agreement for a feasibility assessment on BECCS in South Sumatra, Indonesia
27 Aug 20241 min read

Joint study agreement for a feasibility assessment on BECCS in South Sumatra, Indonesia

Marubeni Corporation and Japan Petroleum Exploration Co have entered into a joint study agreement with PT Pertamina and its subsidiary PT Pertamina Hulu Energi to conduct a feasibility assessment on BECCS at a pulp mill and nearby oil field area in South Sumatra Province, Indonesia.

OMV announces gas discovery in the Norwegian Sea
23 Aug 20242 min read

OMV announces gas discovery in the Norwegian Sea

OMV (Norge) AS, operator of the PL 1194, has completed the drilling operation in the Norwegian Sea targeting the ‘Haydn/Monn’ exploration prospects.

Chevron builds on CCS portfolio with greenhouse gas assessment permit offshore Australia
23 Aug 20242 min read

Chevron builds on CCS portfolio with greenhouse gas assessment permit offshore Australia

Chevron, through its subsidiary Chevron Australia New Ventures, has been awarded a greenhouse gas (GHG) assessment permit offshore Western Australia.

Aker BP and Aize expand partnership with SaaS agreement
22 Aug 20242 min read

Aker BP and Aize expand partnership with SaaS agreement

Aize has announced an expansion of the strategic collaboration with Aker BP to include a Software-as-a-service (SaaS) agreement for all relevant facilities.

Successful installation of passive technology for two major projects in Australia
22 Aug 20242 min read

Successful installation of passive technology for two major projects in Australia

Sentinel Subsea has announced the successful installation of WellSentinel™ systems for two significant projects in Australia.

Salunda partners with Intellilift to optimise safety and automation in well construction
22 Aug 20242 min read

Salunda partners with Intellilift to optimise safety and automation in well construction

Salunda has signed an agreement with technology services provider Intellilift to increase safety and efficiency in well construction.

INPEX awarded exploration block AC/P71 offshore Western Australia
21 Aug 20241 min read

INPEX awarded exploration block AC/P71 offshore Western Australia

INPEX CORPORATION has announced that its subsidiary INPEX Browse E&P Pty Ltd (INPEX Browse) was awarded an exploration permit over release area AC22-1, now named AC/P71 (the Block) in Australia’s 2022 offshore petroleum exploration acreage release. INPEX Browse will be Operator and hold 100% working interest in the title.

PETRONAS, ADNOC and Storegga to collaborate on offshore carbon capture and storage in Malaysia
21 Aug 20243 min read

PETRONAS, ADNOC and Storegga to collaborate on offshore carbon capture and storage in Malaysia

PETRONAS, ADNOC and Storegga has announced the signing of a joint study and development agreement (JSDA) to evaluate the carbon dioxide (CO2) emissions storage capabilities of saline aquifers and the construction of carbon capture and storage (CCS) facilities in the Penyu basin, offshore Peninsular Malaysia.

SLB and Palo Alto Networks expand collaboration to strengthen cybersecurity for the energy sector
20 Aug 20242 min read

SLB and Palo Alto Networks expand collaboration to strengthen cybersecurity for the energy sector

SLB and Palo Alto Networks has announced they are expanding their collaboration to strengthen cybersecurity for the energy sector.

Nong Yao C first oil in the Gulf of Thailand
20 Aug 20242 min read

Nong Yao C first oil in the Gulf of Thailand

Valeura Energy has announced first oil production from its Nong Yao C development, in Licence G11/48 (90% operated working interest), offshore Gulf of Thailand.

Kent to develop decarbonisation economics guidelines for upstream oil and gas sector on behalf of the Energy Institute
16 Aug 20243 min read

Kent to develop decarbonisation economics guidelines for upstream oil and gas sector on behalf of the Energy Institute

Kent and the Energy Institute have announced a new collaborative effort to create comprehensive guidelines for decarbonisation economics in greenhouse gas (GHG) emission reduction projects in the upstream oil and gas industries.

Global Energy Group secured fabrication contract from Subsea7 Norway for Aker BP’s Yggdrasil field development
16 Aug 20242 min read

Global Energy Group secured fabrication contract from Subsea7 Norway for Aker BP’s Yggdrasil field development

Global Energy Group (GEG) has been awarded a contract from Subsea7 Norway, to fabricate 134 Subsea Spools for the Aker BP-operated Yggdrasil Field Development in the North Sea.

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