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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.

Three oil discoveries in the Gulf of Thailand
16 Apr 20241 min read

Three oil discoveries in the Gulf of Thailand

Valeura Energy has announced three oil discoveries on its assets in the offshore Gulf of Thailand.

Seatrium and Shell to collaborate on floating production systems
15 Apr 20241 min read

Seatrium and Shell to collaborate on floating production systems

The companies have signed an MoU to explore and strengthen collaboration opportunities in floating production systems through leveraging both parties’ deep engineering capabilities and technologies.

Saipem receives authorisation to proceed with the execution of the Whiptail project in Guyana
15 Apr 20241 min read

Saipem receives authorisation to proceed with the execution of the Whiptail project in Guyana

Following the press release of 29 November 2023, Saipem informs that it has received from ExxonMobil Guyana Limited and its Stabroek block coventurers the authorisation to proceed with the execution of the Whiptail oilfield development project, situated in the offshore Guyana, at a water depth of approximately 2000 m.

Petrofac relationship with bp continues with North Sea contract extension
15 Apr 20241 min read

Petrofac relationship with bp continues with North Sea contract extension

Petrofac has been awarded a contract extension by bp, continuing support across its North Sea portfolio.

Subsea7 awarded contract in the Gulf of Mexico
12 Apr 20241 min read

Subsea7 awarded contract in the Gulf of Mexico

The company has announced the award of a sizeable contract by Talos Energy for the Sunspear development in Green Canyon Block 78, in the Gulf of Mexico.

KCA Deutag secures drilling contracts in Oman, Saudi Arabia, Peru and Bolivia
12 Apr 20242 min read

KCA Deutag secures drilling contracts in Oman, Saudi Arabia, Peru and Bolivia

In Oman, the company has secured contracts for five rigs with one customer, which amounts to a total of 18 years of additional work.

Petrobras discovers oil in waters of the Potiguar Basin
12 Apr 20241 min read

Petrobras discovers oil in waters of the Potiguar Basin

The company has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploratory well, in the POT-M-762_R15 Concession.

Kent wins contract with Repsol Norge
11 Apr 20241 min read

Kent wins contract with Repsol Norge

The integrated energy services provider has been awarded a comprehensive three-year framework contract with Repsol Norge for various operations in the Norwegian sector of the North Sea.

Woodside shares process update on Macedon and Pyrenees divestment
11 Apr 20241 min read

Woodside shares process update on Macedon and Pyrenees divestment

Woodside commenced a process in the second half of 2023 to consider the potential for divestment of its interests in the Macedon and Pyrenees assets.

Odfjell Technology secures whipstock services contract with TPAO
11 Apr 20242 min read

Odfjell Technology secures whipstock services contract with TPAO

The company has been awarded a two-year contract by Türkiye Petrolleri Anonim Ortakligi (TPAO), for the provision of 10 whipstock systems and related services.

Morocco farm-in completed and rig contract signed
10 Apr 20241 min read

Morocco farm-in completed and rig contract signed

Energean has announced that it has completed the farm-in to Chariot Ltd. acreage offshore Morocco, following the receipt of all remaining approvals from the Moroccan Authorities, and signed a rig contract with Stena Drilling Ltd.

Borr Drilling announces new contract commitments
9 Apr 20241 min read

Borr Drilling announces new contract commitments

Borr Drilling has announced new contract commitments for three of its premium jack-up rigs, the ‘Prospector 1’, the ‘Gunnlod’, and a rig to be determined.

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