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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.

Statoil finds high impact well in North Sea
10 Aug 20112 min read

Statoil finds high impact well in North Sea

Statoil and its partners have discovered a high impact well in the Aldous Major South field in Norwegian waters of the North Sea.

EPC contracts awarded for Banyu Erip field in East Java
10 Aug 20112 min read

EPC contracts awarded for Banyu Erip field in East Java

The Indonesian Banyu Urip field in the Cepu block in East Java has achieved a major milestone with the award of the first of five EPC contracts for work on major facilities at the development, according to its operator ExxonMobil.

Baker Hughes wins Iraq drilling contract
9 Aug 20111 min read

Baker Hughes wins Iraq drilling contract

LUKOIL has awarded Baker Hughes a two-year contract to provide full drilling and completion services for 23 wells in the West Qurna field in southeast Iraq.

Exco ordered to produce documents
9 Aug 20112 min read

Exco ordered to produce documents

The Securities and Exchange Commission has sent a subpoena to Exco Resources demanding that they hand over documents which prove actual well production and reserve estimates.

Hunting acquires Titan for US$ 775 million
8 Aug 20112 min read

Hunting acquires Titan for US$ 775 million

Hunting PLC, the international energy services group, has agreed to acquire TSI Acquisition Holdings LLC and its subsidiaries including Titan Specialties, Ltd. for a total consideration of US$ 775 million (approx £475 million).

Spectrum acquires CGGVeritas Multi-Client 2D marine library
5 Aug 20112 min read

Spectrum acquires CGGVeritas Multi-Client 2D marine library

Spectrum has acquired the 2D Multi-Client library of CGGVeritas encompassing more than 500,000 km of seismic data. This significant increase in Spectrum’s Multi-Client data library involves a US$ 40 million transaction.

McDermott wins platform fabrication contract in Gulf of Mexico
5 Aug 20112 min read

McDermott wins platform fabrication contract in Gulf of Mexico

McDermott International, Inc. has been awarded a fabrication contract by Shell for the West Delta 143 “C” deck, jacket, piles, and bridge located in 370 ft of water in the Gulf of Mexico.

APGA comment on EPA greenhouse gas reporting rule
5 Aug 20112 min read

APGA comment on EPA greenhouse gas reporting rule

The American Public Gas Association comment on the Environmental Protection Agency’s propositions to amend the greenhouse gas reporting rule.

Sino-Burmese energy cooperation fuels conflict
4 Aug 20114 min read

Sino-Burmese energy cooperation fuels conflict

As Burma and China improve their resources development partnership, concerns have arisen over the impact such the joint ventures will have on conflict and stability in the region.

Simba energy awarded exploration contract in Kenya
4 Aug 20111 min read

Simba energy awarded exploration contract in Kenya

Simba Energy Inc. has been granted a Production Sharing Contract (PSC) by the Ministry of Energy, Republic of Kenya for Block 2A, comprising 7801.72 square kilometres in northeast Kenya.

New TGS Multi-client 3D Survey in the Faroe-Shetland Basin
4 Aug 20111 min read

New TGS Multi-client 3D Survey in the Faroe-Shetland Basin

TGS has commenced a new multi-client 3D survey in the Faroe-Shetland Basin. The survey covers 2500 km2 west of the British Isles over quads 6004, 204 and 205 and is acquired in partnership with PGS.

InterOil and Noble sign heads of agreement on LNG sale
3 Aug 20111 min read

InterOil and Noble sign heads of agreement on LNG sale

InterOil and Pacific LNG announced the signing of a Heads of Agreement (HOA) with Noble Clean Fuels Ltd. a wholly owned subsidiary of Noble Group Limited, for the supply of 1 million tpa of LNG from the Gulf LNG Project in Papua New Guinea.

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