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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.

SLB signs subsurface technology partnership agreement with INEOS Energy
6 Sept 20231 min read

SLB signs subsurface technology partnership agreement with INEOS Energy

INEOS Energy will partner with SLB’s Performance Centre in Aberdeen, to collaborate and innovate subsurface technologies.

Nabors and Corva announce digital and automated drilling solution
6 Sept 20232 min read

Nabors and Corva announce digital and automated drilling solution

The players aim to bring a new level of intelligence and performance to drilling rigs.

Rystad Energy: North Sea oil and gas industry booms with increasing production and investments
5 Sept 20232 min read

Rystad Energy: North Sea oil and gas industry booms with increasing production and investments

According to Rystad Energy, Norway and the UK have overcome recent challenges and are on course to achieve significant milestones due to notable increases in investments, exploration success and production.

Eni signs agreement to sell Nigerian subsidiary NAOC Ltd to Oando PLC
5 Sept 20231 min read

Eni signs agreement to sell Nigerian subsidiary NAOC Ltd to Oando PLC

Eni has announced the signing of an agreement with Oando PLC for the sale of Nigerian Agip Oil Company Ltd, the wholly Eni-owned subsidiary focusing on onshore oil and gas exploration and production in Nigeria, as well as power generation.

UK North Sea emissions down three years in a row
5 Sept 20232 min read

UK North Sea emissions down three years in a row

Greenhouse gas emissions from UK offshore oil and gas production were cut for the third consecutive year in 2022 as the industry continued its drive to reach net zero by 2050.

Fabrication begins on major projects Yggdrasil and Valhall PWP-Fenris
5 Sept 20232 min read

Fabrication begins on major projects Yggdrasil and Valhall PWP-Fenris

The Yggdrasil and Valhall PWP-Fenris offshore development project which are to be built on the Norwegian Continental Shelf has entered into the construction phase.

ANPG and Azule Energy sign production sharing agreement for Block 31/21
4 Sept 20232 min read

ANPG and Azule Energy sign production sharing agreement for Block 31/21

The agreement is a significant step forward in advancing exploration in the Lower Congo Basin.

Maria Phase 2 template successfully installed
4 Sept 20232 min read

Maria Phase 2 template successfully installed

Wintershall Dea and its partners Petoro and Sval Energi have successfully installed an additional subsea template on the seabed at Haltenbanken on the west coast of Norway.

Equinor has awarded COSL Offshore Management AS two contracts on Norwegian continental shelf
4 Sept 20232 min read

Equinor has awarded COSL Offshore Management AS two contracts on Norwegian continental shelf

The contract values are calculated at around US$369 million for both firm periods.

Wood and Harbour Energy agree new US$330m strategic partnership
4 Sept 20231 min read

Wood and Harbour Energy agree new US$330m strategic partnership

Wood and Harbour Energy, have entered into a new strategic partnership for UK North Sea operations agreeing a new master services agreement and contracts valued at around US$330 million

Petrobras receives OTC award for innovative well technology
1 Sept 20232 min read

Petrobras receives OTC award for innovative well technology

The Offshore Technology Conference (OTC) has announced that Petrobras will receive the 2023 OTC ‘Brasil Distinguished Achievement Award’ in acknowledgement of the development of a technological solution in the global offshore industry dedicated to well construction and intervention.

Two COSL rigs awarded drilling contracts
1 Sept 20232 min read

Two COSL rigs awarded drilling contracts

Equinor has awarded COSL Offshore Management AS two contracts and will employ COSLPromoter and COSLInnovator on the Norwegian continental shelf.

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