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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.

FutureOn receives multi-year contract award from Petrobras
5 May 20232 min read

FutureOn receives multi-year contract award from Petrobras

The company has secured a multi-year contract with Petrobras to license its digital design and decision-making platform, FieldTwin.

INEOS completes major acquisition of US onshore oil and gas assets
4 May 20231 min read

INEOS completes major acquisition of US onshore oil and gas assets

The company has completed the acquisition of a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for US$1.4 billion.

Cerulean Winds reveals plans to build North Sea Renewables Grid
4 May 20233 min read

Cerulean Winds reveals plans to build North Sea Renewables Grid

The company has revealed plans to build the North Sea Renewables Grid (NSRG), an offshore integrated green power and transmission system, powered by floating wind, that oil and gas platforms will plug into for clean power.

Wood Mackenzie: Latin America’s natural gas deficit to grow as new resource production remains a challenge
4 May 20232 min read

Wood Mackenzie: Latin America’s natural gas deficit to grow as new resource production remains a challenge

With several challenges facing new gas developments in Latin America, supply will be unable to keep up with demand, driving the need for expanded imports to the region over the next decade.

Wood Mackenzie: Kan discovery in Mexico’s shallow water one of the largest since 2020
3 May 20232 min read

Wood Mackenzie: Kan discovery in Mexico’s shallow water one of the largest since 2020

“With Wintershall Dea’s first operated exploration well drilled in Mexico, the announced expected resource of 200 to 300 million boe of oil and gas in place outperforms the original prospective resource estimated at 196 million boe”, said Adrian Lara, Principal Research Analyst Latin America Upstream Oil and Gas.

Subsea7 awarded project offshore US Gulf of Mexico
3 May 20231 min read

Subsea7 awarded project offshore US Gulf of Mexico

The company has announced an award by LLOG Exploration Offshore, LLC as project manager for the Salamanca development project, which includes the Leon and Castile fields, in the US Gulf of Mexico.

Trendsetter Engineering Inc. awarded contract to provide Chevron Mediterranean Limited with subsea solutions
3 May 20231 min read

Trendsetter Engineering Inc. awarded contract to provide Chevron Mediterranean Limited with subsea solutions

The company has announced that it has been awarded a contract to provide Chevron Mediterranean Limited (CML) with an order of TC2 and TC16 Connection Systems.

Well Control School partners with Applied Research International (ARI)
2 May 20234 min read

Well Control School partners with Applied Research International (ARI)

The company has announced a long-term partnership with Applied Research International (ARI) to evolve well control education through immersive virtual simulation training.

SBM Offshore signs Operations and Maintenance Enabling Agreement with Esso Exploration & Production Guyana Ltd
2 May 20231 min read

SBM Offshore signs Operations and Maintenance Enabling Agreement with Esso Exploration & Production Guyana Ltd

SBM Offshore has signed a 10-year Operations and Maintenance Enabling Agreement with Esso Exploration & Production Guyana Ltd for the operations and maintenance of FPSOs Liza Destiny, Liza Unity, Prosperity and ONE GUYANA.

ASTM Oil Spill Response Committee approves new adhesion and weathering standards
28 Apr 20231 min read

ASTM Oil Spill Response Committee approves new adhesion and weathering standards

ASTM International’s hazardous substances and oil spill response committee (F20) has approved two new standards that will each enhance knowledge essential for oil spill response.

BSEE and Alaska Department of Environmental Conservation sign agreement to improve oil spill preparedness and response
28 Apr 20232 min read

BSEE and Alaska Department of Environmental Conservation sign agreement to improve oil spill preparedness and response

The agreement updates and replaces a previous memorandum of understanding between the agencies from 1994.

Neptune Energy commences production on Fenja field
28 Apr 20232 min read

Neptune Energy commences production on Fenja field

The company and its partners, Vår Energi, Sval Energi and DNO, have announced that production has commenced from the Fenja oil and gas field in the Norwegian Sea.

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