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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.

Chevron announces headquarters relocation and senior leadership changes
7 Aug 20243 min read

Chevron announces headquarters relocation and senior leadership changes

Chevron has announced the relocation of the company’s headquarters from San Ramon, California, to Houston, Texas, and senior leadership changes.

Range Resources Corporation selects Quorum Software to enhance, automate AFE workflows
7 Aug 20242 min read

Range Resources Corporation selects Quorum Software to enhance, automate AFE workflows

Quorum Software (Quorum), has announced that Range Resources Corporation (NYSE: RRC), a natural gas and NGL producer, has selected leading capital and well lifecycle management platform Quorum Execute to improve AFE workflows by streamlining the data input process, and providing enhanced communication and transparency to all departments involved.

BP acquires GETEC ENERGIE GmbH
6 Aug 20243 min read

BP acquires GETEC ENERGIE GmbH

The acquisition of GETEC ENERGIE GmbH will accelerate the growth of BP’s European gas and power presence, as well as providing opportunities to grow integrated lower carbon energy solutions for C&I energy customers in Germany and elsewhere in Europe.

Petrobras confirms gas discovery in Colombia
6 Aug 20241 min read

Petrobras confirms gas discovery in Colombia

Petrobras has informed that it has achieved the main target of the Uchuva-2 well, confirming the extent of the gas discovery made in 2022 with the drilling of the Uchuva-1 well.

TGS completes enhancement of 2D seismic offshore Northern Sumatra
6 Aug 20242 min read

TGS completes enhancement of 2D seismic offshore Northern Sumatra

The company has completed the reprocessing of a 2D seismic survey in Indonesia’s Sumatra basin, tying key discoveries in the region to open acreage.

Kent secures 3  year global commissioning services contract with Shell
5 Aug 20242 min read

Kent secures 3 year global commissioning services contract with Shell

Kent has announced it has been awarded a global three-year enterprise framework agreement (EFA) by Shell to provide commissioning and start-up services (CSU) across various onshore and offshore projects.

Valeura Energy announce Wassana production restart
5 Aug 20242 min read

Valeura Energy announce Wassana production restart

Valeura Energy has announced the planned restart of production operations at the Wassana field, offshore Gulf of Thailand.

OCIMF appoints new Chair
2 Aug 20243 min read

OCIMF appoints new Chair

The Oil Companies International Marine Forum (OCIMF) has appointed bp’s Senior Vice President Shipping Lambros Klaoudatos as its new Chair.

SLB and Aker Carbon Capture joint venture awarded FEED contract by CO280 for large-scale carbon removal project
2 Aug 20242 min read

SLB and Aker Carbon Capture joint venture awarded FEED contract by CO280 for large-scale carbon removal project

The SLB and Aker Carbon Capture joint venture (SLB-ACC JV) has announced a contract award by its partner CO280 Solutions for front end engineering and design (FEED) of a large-scale carbon capture plant at a pulp and paper mill on the U.S. Gulf Coast.

Salunda ‘Red Zone’ safety technology adopted by BP for North Sea assets
1 Aug 20242 min read

Salunda ‘Red Zone’ safety technology adopted by BP for North Sea assets

Salunda has secured an agreement to provide BP with its Crew Hawk Red Zone monitoring solution for use across the operator’s North Sea assets.

Transocean announces US$531 million ultra-deepwater drillship contract
1 Aug 20241 min read

Transocean announces US$531 million ultra-deepwater drillship contract

Transocean has announced a 1095-day contract for the Deepwater Invictus with bp in the U.S. Gulf of Mexico.

Viaro Energy signs agreement to take over Shell and ExxonMobil’s UK Southern North Sea assets
1 Aug 20243 min read

Viaro Energy signs agreement to take over Shell and ExxonMobil’s UK Southern North Sea assets

The company's subsidiary RockRose Energy Limited has signed an agreement with Shell UK Limited and Esso Exploration and Production UK Limited to acquire a full ownership interest in its Shell-operated UK Southern North Sea assets.

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