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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.

Helmerich & Payne announces agreement to acquire KCA Deutag
26 Jul 20243 min read

Helmerich & Payne announces agreement to acquire KCA Deutag

KCA Deutag and Helmerich & Payne has announced a definitive agreement under which KCA Deutag will be acquired by H&P for US$1.9725 billion in cash.

PETRONAS acquires land for carbon capture and storage hub in peninsular Malaysia
26 Jul 20242 min read

PETRONAS acquires land for carbon capture and storage hub in peninsular Malaysia

PETRONAS, through its subsidiary PETRONAS CCS Solutions Sdn Bhd, has signed a land rental agreement with Kuantan Port Consortium Sdn Bhd, to progress plans for its southern carbon capture and storage (CCS) hub in Pahang, Malaysia.

GA Drilling partners with Petrobras to deliver efficiency in the deep drilling process
26 Jul 20241 min read

GA Drilling partners with Petrobras to deliver efficiency in the deep drilling process

In cooperation with Cenpes, Petrobras’ research, development, and innovation centre, the partnership aims to improve the industry by bringing a next-generation downhole drilling system to fruition.

BKV Corporation shares sustainability report
25 Jul 20243 min read

BKV Corporation shares sustainability report

The report details progress on the company's environmental initiatives, its path to achieving net zero emissions from its owned and operated upstream and natural gas midstream businesses, and updates on employee engagement and safety performance.

TechnipFMC awarded substantial flexible pipe contract by Petrobras
25 Jul 20241 min read

TechnipFMC awarded substantial flexible pipe contract by Petrobras

The company has been awarded a substantial contract by Petrobras to supply flexible pipe for the pre-salt fields offshore Brazil, following completion of a tender.

TGS to enhance Mauritania’s subsurface data
25 Jul 20242 min read

TGS to enhance Mauritania’s subsurface data

The new subsurface data includes ten narrow azimuth input 3D seismic surveys, processed by ION in 2022 using 3D pre-stack depth migration.

Archer secures contract in Brazil
24 Jul 20241 min read

Archer secures contract in Brazil

The contract will commence in November 2024 in direct continuation of Archer’s current contract for drilling operations and maintenance on Equinor’s Peregrino A & B platforms.

Rystad Energy shares oil macro update
24 Jul 20244 min read

Rystad Energy shares oil macro update

Global Market Analysis, Director Claudio Galimberti, Rystad Energy, provides an oil macro update after prices were seen to take a hit.

CNOOC achieved high yield well in Beibu Gulf
24 Jul 20241 min read

CNOOC achieved high yield well in Beibu Gulf

CNOOC and 80883 (RMB Counter) has announced that it has achieved a high yield well in Beibu Gulf, which produces over 1000 m3/d of oil.

VPI awards agreement for Humber zero carbon capture project
24 Jul 20242 min read

VPI awards agreement for Humber zero carbon capture project

VPI, has awarded Worley an engineering services agreement (ESA) to support the Humber Zero Carbon Capture project.

STRYDE celebrates contract wins for seismic data processing solutions
23 Jul 20242 min read

STRYDE celebrates contract wins for seismic data processing solutions

The company has secured a total of 11 new contracts since July 2023, delivering subsurface insights to companies in the geothermal, CCUS, oil and gas, mining, and water exploration sectors.

Deltic Energy announce rig mobilisation in the North Sea
23 Jul 20243 min read

Deltic Energy announce rig mobilisation in the North Sea

Deltic Energy has announced that the Valaris 123 drilling unit has been mobilised and is on route to the Selene well location.

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