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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.

Sulzer becomes first international service provider in Libya through joint venture with JSIL
16 Apr 20262 min read

Sulzer becomes first international service provider in Libya through joint venture with JSIL

Partnership with NOC subsidiary brings in-country maintenance and repair for critical oil and gas and power assets.

bp acquires interest in three Namibian exploration blocks
16 Apr 20262 min read

bp acquires interest in three Namibian exploration blocks

bp has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas as part of bp’s strategy to grow its upstream portfolio.

Glamox wins contract to light four OESVs for Sea1 Offshore
16 Apr 20262 min read

Glamox wins contract to light four OESVs for Sea1 Offshore

Glamox will supply lighting for four Offshore Energy Support Vessels (OESVs) being built for Sea1 Offshore AS.

ABL and PMS sign rig move agreement
16 Apr 20262 min read

ABL and PMS sign rig move agreement

Energy and marine consultancy ABL have signed a memorandum of understanding (MoU) with Egyptian offshore construction and services company Petroleum Marine Services (PMS) to collaborate on rig moving services and marine assurance and risk.

Vår Energi is securing higher production for longer from the Goliat field
16 Apr 20262 min read

Vår Energi is securing higher production for longer from the Goliat field

Vår Energi ASA has submitted an amended Plan for Development and Operation (PDO) for the Goliat Gas Export (GGE) project to the Ministry of Energy, together with its partner Equinor.

Vink Chemicals listed under Article 95 for the active substance BBIT
16 Apr 20262 min read

Vink Chemicals listed under Article 95 for the active substance BBIT

Regulatory milestone provides planning certainty for BBIT-based products.

Europe and Asia's response to 60% Middle East crude export collapse reshapes global energy trade
15 Apr 20264 min read

Europe and Asia's response to 60% Middle East crude export collapse reshapes global energy trade

North American crude replaces Middle East flows as Europe faces structural diesel deficit while exporting gasoline surplus eastward.

GoSubsea and Envirent form strategic rental alliance to deliver end-to-end offshore solutions
13 Apr 20262 min read

GoSubsea and Envirent form strategic rental alliance to deliver end-to-end offshore solutions

Two of Norway’s fastest-growing offshore companies, GoSubsea and Envirent, have announced a strategic partnership that combines technical expertise with expanded service offerings.

DTEK and Baker Hughes sign MOU to develop Ukrainian gas production
10 Apr 20263 min read

DTEK and Baker Hughes sign MOU to develop Ukrainian gas production

DTEK and Baker Hughes sign MOU to develop Ukraine's gas production and strengthen energy security.

EnQuest Heather fined for collective decommissioning failures
9 Apr 20264 min read

EnQuest Heather fined for collective decommissioning failures

NSTA urges UK operators to plug and abandon redundant wells to protect the environment and the public purse.

Worley Consulting and Bloomfire to deliver AI-powered infrastructure for industries facing critical challenges
8 Apr 20262 min read

Worley Consulting and Bloomfire to deliver AI-powered infrastructure for industries facing critical challenges

Worley Consulting and Bloomfire partner to bring Enterprise Intelligence to energy, chemicals, and resources sectors.

Middle East disruption could cut global oil demand 20% and gas 10% by 2050 as energy security drives shift to independence
8 Apr 20263 min read

Middle East disruption could cut global oil demand 20% and gas 10% by 2050 as energy security drives shift to independence

Wood Mackenzie report that prolonged disruption to Middle East energy supplies could accelerate a structural shift in global energy systems, halving oil and gas import dependence by 2050 and reducing oil demand by 20% and gas demand by 10% relative to the base case.

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