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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.

Rystad Energy: Chevron's acquisition of Hess accelerates new era of oil megamergers
24 Oct 20232 min read

Rystad Energy: Chevron's acquisition of Hess accelerates new era of oil megamergers

In response to the announcement today that Chevron will acquire Hess in a deal valued at US$60 billion, Rystad Energy is sharing a market update on the deal.

Chevron announces agreement to acquire Hess
24 Oct 20232 min read

Chevron announces agreement to acquire Hess

Chevron Corporation has announced that it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at US$53 billion.

Brazilian oil spill detection to be fitted with cloud solution
23 Oct 20233 min read

Brazilian oil spill detection to be fitted with cloud solution

Global oceans insights experts Miros, through local partner Belga Marine, has won a contract with Brazilian oil major Petrobras to update its existing oil spill detection efforts.

NEW PODCAST EPISODE (Season 2): Enabling sustainability with automation
Exclusive23 Oct 2023

NEW PODCAST EPISODE (Season 2): Enabling sustainability with automation

New episode of the Palladian Energy Podcast: Enabling sustainability with automation, with Rockwell Automation.

Transocean Ltd. issues quarterly Fleet Status Report
23 Oct 20231 min read

Transocean Ltd. issues quarterly Fleet Status Report

The report provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs.

Wood Mackenzie: Fast output recovery of oil and gas still challenging with easing of US sanctions on Venezuela
23 Oct 20232 min read

Wood Mackenzie: Fast output recovery of oil and gas still challenging with easing of US sanctions on Venezuela

Adrian Lara, Principal Research Analyst, Latin America Upstream Oil and Gas for Wood Mackenzie, addressing the US Treasury Department’s partially lifted sanctions on Venezuela’s oil and gas sector.

Equinor records positive safety trend
20 Oct 20232 min read

Equinor records positive safety trend

The number of serious incidents per million hours worked is still declining at the end of the third quarter, measured over the past 12 months.

Woodside removes Nganhurra Riser Turret Mooring
20 Oct 20232 min read

Woodside removes Nganhurra Riser Turret Mooring

The Nganhurra Riser Turret Mooring (RTM) has been safely and successfully lifted onto a barge off North West Cape in Western Australia and is now transiting to the Australian Marine Complex (AMC) near Perth.

Seatrium successfully delivers floating production unit for gulf of Mexico project
20 Oct 20232 min read

Seatrium successfully delivers floating production unit for gulf of Mexico project

Seatrium Ltd (Seatrium) has announced the successful delivery of the floating production unit (FPU), Whale, for deployment in the Gulf of Mexico, in accordance with the contract secured in November 2019 with Shell Offshore Inc.

Breidablikk comes on stream ahead of schedule
20 Oct 20232 min read

Breidablikk comes on stream ahead of schedule

Production from the Breidablikk field in the North Sea started on 20 October, four months ahead of schedule and within budget.

Coretrax makes Western Hemisphere sales and operations appointments
19 Oct 20232 min read

Coretrax makes Western Hemisphere sales and operations appointments

The company has made two key appointments to strengthen its sales and operations team as the business experiences continued growth across Europe and the US.

High Permian well productivity, crude oil prices drive U.S. natural gas production growth
19 Oct 20233 min read

High Permian well productivity, crude oil prices drive U.S. natural gas production growth

The Energy Information Administration estimate that U.S. marketed natural gas production in the Lower 48 states (L48) will grow by 5% in 2023 and 2% in 2024.

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