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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.

FutureOn secures contract with Azule Energy to extend digital platform, FieldTwin
9 Jan 20242 min read

FutureOn secures contract with Azule Energy to extend digital platform, FieldTwin

Azule Energy will use FieldTwin to develop and accelerate four of its projects in the region.

Wood wins detailed engineering design for Trion project in Gulf of Mexico
9 Jan 20242 min read

Wood wins detailed engineering design for Trion project in Gulf of Mexico

Wood has secured a contract from HD Hyundai Heavy Industries for detailed engineering of the topsides facilities on Woodside Energy's Trion Floating Production Unit (FPU) in Mexican waters of the Gulf of Mexico.

Petrofac has secured a three-year operations services contract from bp
9 Jan 20241 min read

Petrofac has secured a three-year operations services contract from bp

Petrofac has secured a three-year operations services contract from bp for its Greater Tortue Ahmeyim (GTA) project in Mauritania and Senegal.

TGS provides 4Q 2023 revenue update
9 Jan 20243 min read

TGS provides 4Q 2023 revenue update

Based on preliminary reporting from operating units, TGS expects IFRS revenues for 4Q 2023 to be approximately US$189 million, compared to US$219 million in 4Q 2022.

ProSep receives patent for improvements made to mixer technology
9 Jan 20242 min read

ProSep receives patent for improvements made to mixer technology

Part of ProSep’s portfolio of differentiated technologies for higher operational performance, AIM provides an alternative to traditional injection quills and static mixers.

Viking Completion Technology installed 150 Middle East completion projects in 2023
8 Jan 20243 min read

Viking Completion Technology installed 150 Middle East completion projects in 2023

The company has now exported its technology to 16 different countries, across six continents.

BW Catcher FPSO contract extended beyond fixed term
8 Jan 20241 min read

BW Catcher FPSO contract extended beyond fixed term

BW Catcher FPSO is owned and operated by BW Offshore and is leased out under a seven-year fixed term contract, with extension options for an additional 18 years.

TGS announces prefunding on 2D multi-client seismic project offshore Sabah, Malaysia
8 Jan 20241 min read

TGS announces prefunding on 2D multi-client seismic project offshore Sabah, Malaysia

The seventh phase of this multi-year project off the coast of Sabah encompasses over 5000 km of new 2D seismic data acquisition.

SBM Offshore announces formal hire of FPSO Sepetiba
8 Jan 20241 min read

SBM Offshore announces formal hire of FPSO Sepetiba

The company has announced that FPSO Sepetiba is formally on hire as of 02 January 2024 after achieving first oil and the completion of a 72-hour continuous production test leading to final acceptance.

OPEC and non-OPEC oil-producing countries participate in Declaration of Cooperation (DoC)
5 Jan 20241 min read

OPEC and non-OPEC oil-producing countries participate in Declaration of Cooperation (DoC)

The producing countries have re-affirmed their commitment to unity, full cohesion and market stability through the Declaration of Cooperation (DoC).

PETRONAS secures production sharing contract extension for the Ketapang working area
5 Jan 20241 min read

PETRONAS secures production sharing contract extension for the Ketapang working area

PC Ketapang II Ltd. a subsidiary of PETRONAS has secured the 20-year extension of the production sharing contract (PSC) for the Ketapang Working Area, located in the Java Sea.

Danos secures bp logistics contract
5 Jan 20241 min read

Danos secures bp logistics contract

Danos has announced it has secured a contract with bp to renew its comprehensive drilling logistical services for the integrated energy company’s Gulf of Mexico assets.

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