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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.

NextEra Energy Resources purchase solar projects from First Solar
7 Dec 20102 min read

NextEra Energy Resources purchase solar projects from First Solar

NextEra will purchase four Canadian solar projects from First Solar once they have been built, the four solar projects will be capable of developing 40 MW of electricity a year.

Zubair field reaches target production growth
7 Dec 20102 min read

Zubair field reaches target production growth

The Zubair oil field in Iraq has had its production raised by 10% to 200,000 bpd of oil, putting the consortium that runs it on target to reach 1.2 million bpd of oil in six years time.

Iran to export LNG to Venezuela
6 Dec 20101 min read

Iran to export LNG to Venezuela

Iran LNG and Venezuela have signed a Letter of Intent (LOI), which will see Iran export LNG to Venezuela, which may then be exported onto Argentina and Cuba.

Riversdale Mining confirms takeover talks with Rio Tinto
6 Dec 20101 min read

Riversdale Mining confirms takeover talks with Rio Tinto

Riversdale Mining has confirmed that it has held takeover discussions with Rio Tinto.

FLSmidth makes offer to acquire ESSA Australia
6 Dec 20101 min read

FLSmidth makes offer to acquire ESSA Australia

FLSmidth has made an offer to acquire ESSA Australia Ltd, corresponding to an enterprise value of DKK 170 million.

Major attack at the heart of Pakistan: how long will Pakistani security forces be able to keep militants from Islamabad?
3 Dec 20104 min read

Major attack at the heart of Pakistan: how long will Pakistani security forces be able to keep militants from Islamabad?

Fraser Bomford, AKE, examines the risks of living and working in Pakistan, especially for foreign expatriates who have become a target in recent years.

Walter Energy and Western Coal agree a C$ 3.3 billion merger
3 Dec 20101 min read

Walter Energy and Western Coal agree a C$ 3.3 billion merger

Walter Energy will acquire Western Coal Corp. for C$ 3.3 billion (US$ 3.3 billion) to create a leading, publicly traded, pure-play met coal producer with total coal reserves of approximately 385 million t and a significant and growing production profile in Canada, the US and the UK.

Desire Petroleum find oil in Falklands
3 Dec 20103 min read

Desire Petroleum find oil in Falklands

Desire Petroleum has tentatively announced the discovery of oil in the Rachel North well.

Aker Solutions signs world first subsea gas compression contract
2 Dec 20101 min read

Aker Solutions signs world first subsea gas compression contract

Aker Solutions has been awarded the Åsgard subsea compression system contract by Statoil. The contract value is approximately NOK 3.4 billion.

API statement on deficit commission report
2 Dec 20101 min read

API statement on deficit commission report

API comments on the recent US tax recommendations.

Grain LNG terminal completes expansion
2 Dec 20102 min read

Grain LNG terminal completes expansion

Grain LNG, owned by National Grid Plc, has completed a capacity expansion plan worth £310 million. The terminal can now handle 20% of the UK’s annual gas demand.

The Territorial Oil Dispute
1 Dec 20103 min read

The Territorial Oil Dispute

In the last year a number of territorial disputes, which had been quietly ignored before the financial crisis, have come back to prominence; the disputes have been further exacerbated by the presence of oil in some instances.

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