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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.

McDermott receives limited notice to proceed for project offshore Trinidad and Tobago
29 Nov 20231 min read

McDermott receives limited notice to proceed for project offshore Trinidad and Tobago

McDermott has received a limited notice to proceed for an EPCI contract from Shell Trinidad and Tobago Limited for the Manatee gas field development project, located off the east coast of Trinidad and Tobago.

Hughes Subsea provides air diving support services to Anasuria
29 Nov 20232 min read

Hughes Subsea provides air diving support services to Anasuria

Hughes Subsea, an OEG Group company, secured a contract to deliver daughter-craft diving services for the Anasuria FPSO, positioned 175 km east of Aberdeen.

Paradigm Group appoints regional Vice President for Latin America
29 Nov 20231 min read

Paradigm Group appoints regional Vice President for Latin America

The company has appointed Herwin Cruz as Regional VP for Latin America covering Drilling, Well Intervention, Production Enhancement and Fire Protection Services.

Wood Mackenzie: President Elect Javier Milei to shake up Argentina’s oil industry
29 Nov 20232 min read

Wood Mackenzie: President Elect Javier Milei to shake up Argentina’s oil industry

Adrian Lara, Principal Analyst at Wood Mackenzie, comments on the election of Javier Milei as President of Argentina, and the impact this may have on the country’s oil upstream industry.

Saipem awarded two offshore contracts
29 Nov 20232 min read

Saipem awarded two offshore contracts

Saipem has been awarded two offshore contracts, one in Guyana and the other in Brazil, worth approximately US$1.9 billion.

Wood secures two-year contract extension with Equinor
29 Nov 20232 min read

Wood secures two-year contract extension with Equinor

The company will continue to provide operations, maintenance, modifications and offshore services on the Mariner A platform and Mariner B floating storage unit.

ABL expands footprint to Batam
28 Nov 20232 min read

ABL expands footprint to Batam

Energy and marine consultancy ABL has opened an office at Batam in Indonesia to support the significant offshore and maritime operations that take place on an off the island.

Odfjell Technology works with Hunt Oil Company to achieve depth record for casing while drilling
28 Nov 20232 min read

Odfjell Technology works with Hunt Oil Company to achieve depth record for casing while drilling

By implementing the company’s CwD services, Hunt Oil reduced the number of runs required, with a saving on time and cost.

Suncor Energy announces restart of production at Terra Nova
28 Nov 20231 min read

Suncor Energy announces restart of production at Terra Nova

Suncor Energy has announced that the Terra Nova floating, production, storage and offloading vessel has safely restarted following the completion of the Terra Nova asset life extension project.

Vink Chemicals initiates construction of a new chemical plant in Germany
28 Nov 20231 min read

Vink Chemicals initiates construction of a new chemical plant in Germany

Around 45 new full-time jobs, in various disciplines, will be created at the site.

XCMG Machinery's electric workover rig has completed the cleaning of 10 oil pipelines in Northern China
27 Nov 20232 min read

XCMG Machinery's electric workover rig has completed the cleaning of 10 oil pipelines in Northern China

XCMG Machinery's electric workover rig has recently completed the cleaning of 10 oil pipelines in an oilfield in Northern China, which has reduced 25.812 t of carbon emissions for the oil exploitation project.

Côte d’Ivoire and Eni celebrate Baleine start up
24 Nov 20231 min read

Côte d’Ivoire and Eni celebrate Baleine start up

The President of the Republic of Côte d’Ivoire Alassane Ouattara, and Eni CEO Claudio Descalzi met in Abidjan to celebrate production start-up from the Baleine field, situated off the eastern coast of Côte d’Ivoire, and to review Eni's activities in the country.

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