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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.

Chesapeake Energy have agreed to sell its remaining Eagle Ford assets
16 Aug 20232 min read

Chesapeake Energy have agreed to sell its remaining Eagle Ford assets

Chesapeake Energy Corporation has announced that it has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources, Inc. for US$700 million.

Archer secures decommissioning contract in Fulmar field
16 Aug 20232 min read

Archer secures decommissioning contract in Fulmar field

Archer has secured a US$165 million Repsol Sinopec contract for P&A decommissioning in the Fulmar field and the Halley field.

Proserv announces new facility in Saudi Arabia
16 Aug 20233 min read

Proserv announces new facility in Saudi Arabia

The company has moved its operations in Saudi Arabia into a new dedicated, state-of-the-art facility in Dammam as part of its roadmap to bolster and extend its expertise for customers.

Nabors and Hess electrify Bakken Drilling Operations
15 Aug 20232 min read

Nabors and Hess electrify Bakken Drilling Operations

Nabors has successfully converted all four of its Hess Corporation drilling rigs working in the Bakken to cleaner highline power.

Wood secures extension to brownfield projects contract with Woodside Energy
15 Aug 20231 min read

Wood secures extension to brownfield projects contract with Woodside Energy

Wood has been awarded a contract extension by Woodside Energy to support ongoing operations of the North West Shelf project in Australia.

Crude pricing could rise further into autumn say IEA
14 Aug 20232 min read

Crude pricing could rise further into autumn say IEA

Crude pricing could rise further into autumn, but demand growth could slow dramatically next year, according to the International Energy Agency (IEA).

Fugro completes remotely operated subsea inspection using USV
14 Aug 20233 min read

Fugro completes remotely operated subsea inspection using USV

The site survey and inspection of an offshore gas platform in UAE waters was executed entirely from an on-shore remote operations centre (ROC) using Fugro’s Blue Essence® technology.

TWMA awarded contract to support oil and gas project for bp
14 Aug 20232 min read

TWMA awarded contract to support oil and gas project for bp

The drilling waste management specialists will utilise its RotoMill® drill cuttings processing technology to process all drilling waste generated from bp’s WND & END exploration and development project in the Mediterranean Sea.

Approval for Global to enter next phase of Licence PEL 94 Namibia
14 Aug 20232 min read

Approval for Global to enter next phase of Licence PEL 94 Namibia

Global has announced that it has been granted approval to proceed with next stage in Namibian basin.

Solstad wins vessel contracts offshore Brazil
14 Aug 20231 min read

Solstad wins vessel contracts offshore Brazil

Solstad has been awarded a pair of vessel contracts offshore Brazil worth US$100 million.

Saipem awarded offshore contract for BGUP project in Libya
11 Aug 20231 min read

Saipem awarded offshore contract for BGUP project in Libya

The company has been awarded a new contract by Mellitah Oil & Gas B.V. Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa, for the development of the Bouri Gas Utilisation Project.

Sapiem awarded drilling and offshore contracts
11 Aug 20232 min read

Sapiem awarded drilling and offshore contracts

Saipem has been awarded two new contracts, the first by Eni Congo and the other by BP, for a total value of around US$700 million.

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