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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.

UK firms could assist Fukushima clean up
18 Apr 20122 min read

UK firms could assist Fukushima clean up

The UK and Japan have agreed a Framework on Civil Nuclear Cooperation, providing the basis for UK companies to engage in multi-billion pound decommissioning opportunities in Japan.

Elgin relief well given the go-ahead
18 Apr 20122 min read

Elgin relief well given the go-ahead

The Department of Energy and Climate change has granted TOTAL consent to drill a relief well to tackle the Elgin gas leak after a full environmental assessment.

Ritchie Bros. sells late model heavy mining equipment in Moerdijk
18 Apr 20121 min read

Ritchie Bros. sells late model heavy mining equipment in Moerdijk

Ritchie Bros. Auctioneers, one of the world’s largest industrial auctioneers, is due to sell more than 1600 industrial equipment items and trucks to the highest bidders in an unreserved public auction held in Moerdijk, The Netherlands on the 19 - 20 April.

Obama calls for greater oversight of oil markets
18 Apr 20122 min read

Obama calls for greater oversight of oil markets

President Obama has asked for greater controls, tougher rules and harsher penalties for oil traders in a bid to reduce oil market manipulation and protect consumers.

YPF seizure interrupts US$15 billion Sinopec takeover bid – Spain threatens economic action
18 Apr 20122 min read

YPF seizure interrupts US$15 billion Sinopec takeover bid – Spain threatens economic action

It has been revealed that the Argentinian government’s recent decision to nationalise the Repsol-owned company YPF has interrupted a non-binding takeover agreement with Sinopec valued at more than US$ 15 billion. Additionally, the Spanish government has threatened to retaliate via economic action.

Chubu signs LNG supply agreement with Wheatstone LNG
18 Apr 20121 min read

Chubu signs LNG supply agreement with Wheatstone LNG

Chevron is to supply Chubu Electric Power Company with 1 million tpy of LNG under a long term sales agreement from the Wheatstone LNG project.

Cuadrilla fracking campaign supported
17 Apr 20122 min read

Cuadrilla fracking campaign supported

A review by the Department of Energy & Climate Change has concluded it is safe for Cuadrilla Resources to continue fracking in the Bowland Basin, Lancashire.

Argentina nationalises YPF despite Spanish/EU warning
17 Apr 20122 min read

Argentina nationalises YPF despite Spanish/EU warning

Despite the threats of legal action and the use of diplomatic and possible economic pressure from Spain and the EU, the Argentinean government has nationalised YPF, a company in which the Spanish player Repsol had a 57.4% stake.

Spain warns against Argentinean Nationalisation of YPF
16 Apr 20122 min read

Spain warns against Argentinean Nationalisation of YPF

The Spanish government, which has a vested interest in YPF, has warned Argentina against nationalising the company and threatened to use “all its might” to defend Spanish interests.

Keppel signs rig construction LOI worth US$ 4.12 billion
16 Apr 20122 min read

Keppel signs rig construction LOI worth US$ 4.12 billion

Keppel Corp has signed a LOI for the construction of five semisubmersible rigs for Sete Brazil in a deal worth US$ 4.12 billion.

Wintershall discovers gas in Skarfjell prospect, offshore Norway
16 Apr 20122 min read

Wintershall discovers gas in Skarfjell prospect, offshore Norway

Wintershall has discovered 60 – 160 million bbls of recoverable oil in the Skarfjell prospect in the northeastern North Sea.

Gasnor and GDF Suez sign 12 year LNG supply agreement
13 Apr 20122 min read

Gasnor and GDF Suez sign 12 year LNG supply agreement

GDF Suez is to supply Gasnor AS with 7.5 TWh of LNG over a 12 year period, starting in 2013.

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