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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.

Cairn Oil & Gas submits plan to begin production from Gujarat block
15 Jan 20242 min read

Cairn Oil & Gas submits plan to begin production from Gujarat block

Cairn Oil & Gas has submitted a field development plan to produce more than 2000 boe/d day from its Jaya block.

Jumbo Offshore awarded mooring pre-installation contract by MODEC
12 Jan 20242 min read

Jumbo Offshore awarded mooring pre-installation contract by MODEC

Jumbo Offshore Installation Contractors has been awarded a contract by MODEC Guyana Inc. for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located offshore Guyana.

The Norwegian Offshore Directorate reviews activity on the Norwegian shelf in 2023
12 Jan 20243 min read

The Norwegian Offshore Directorate reviews activity on the Norwegian shelf in 2023

2023 was an active year on the Norwegian shelf. 92 fields were in operation at year-end, 27 projects were under development and many exploration wells were drilled.

Global Energy Group awarded subsea7 contract
12 Jan 20241 min read

Global Energy Group awarded subsea7 contract

Global Energy Group has been awarded a contract from Subsea7 to fabricate subsea spools and anode sled structure for the East Kameleon project, an Aker BP North Sea field development.

SLB and Nabors announce collaboration to scale adoption of drilling automation solutions
12 Jan 20241 min read

SLB and Nabors announce collaboration to scale adoption of drilling automation solutions

The agreement will enable customers to seamlessly integrate the companies’ drilling automation applications and rig operating systems to deliver improved well construction performance and efficiency.

SLB announces collaboration with Geminus AI
11 Jan 20242 min read

SLB announces collaboration with Geminus AI

SLB has announced an investment and technology partnership agreement with Geminus AI that will give SLB exclusive access to deploy the first physics-informed artificial intelligence (AI) model builder for oil and gas operations.

Dry well in the North Sea
11 Jan 20241 min read

Dry well in the North Sea

Equinor’s exploration well 30/4-4 in the North Sea is dry. The well was drilled about 7 km north of the Martin Linge field in the North Sea and 180 km west of Bergen.

Beacon invests in Winterfell development in the Gulf of Mexico
11 Jan 20242 min read

Beacon invests in Winterfell development in the Gulf of Mexico

Beacon Offshore Energy has announced that several of its subsidiaries have taken final investment decision to develop the Winterfell discovery which is operated by BOE Exploration & Production and will be developed as a cost effective/low emissions subsea tieback.

Future Market Insights shares its overview of the digital oilfield solutions market
10 Jan 20246 min read

Future Market Insights shares its overview of the digital oilfield solutions market

According to Future Market Insights, the global digital oilfield solutions market is projected to attain a valuation of US$39.63 billion in 2023 and is expected to reach US$65.4 billion by 2033.

Valaris announces contract awards and fleet status updates
10 Jan 20241 min read

Valaris announces contract awards and fleet status updates

Valaris Limited has announced new contracts and contract extensions, with associated contract backlog of approximately US$1.14 billion, awarded subsequent to issuing the Company’s most recent fleet status report on November 1, 2023.

TotalEnergies increases its interests in offshore blocks 2913B and 2912
10 Jan 20241 min read

TotalEnergies increases its interests in offshore blocks 2913B and 2912

TotalEnergies has signed an agreement to acquire from Impact Oil and Gas Namibia Ltd an additional 10.5% participating interest in block 2913B and an additional 9.39% participating interest in block 2912, both operated by TotalEnergies in Namibia.

NEW PODCAST EPISODE (Season 2): Calculating the carbon impact of software
Exclusive9 Jan 2024

NEW PODCAST EPISODE (Season 2): Calculating the carbon impact of software

New episode of the Palladian Energy Podcast: Calculating the carbon impact of software, with GoCodeGreen.

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