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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.

Wel-lok™ technology scaled to plug and abandon offshore well in Gulf of Mexico
20 Apr 20232 min read

Wel-lok™ technology scaled to plug and abandon offshore well in Gulf of Mexico

A permanent, gas-tight seal was required for a well with a 36” OD that was experiencing gas migration.

C-Innovation expands into new facility in Louisiana
19 Apr 20232 min read

C-Innovation expands into new facility in Louisiana

C-Innovation has expanded into a new facility in Port Fourchon, Louisiana, US, providing an additional dock facility for subsea inspection, maintenance and repair, and riserless light well intervention services.

Shell restarts operations at the Pierce field in the UK North Sea
18 Apr 20232 min read

Shell restarts operations at the Pierce field in the UK North Sea

Shell has completed the restart of operations at the Pierce field in the UK Central North Sea, following a significant upgrade to allow gas to be produced after years of the field producing only oil.

bp starts oil production at Argos platform in the Gulf of Mexico
17 Apr 20233 min read

bp starts oil production at Argos platform in the Gulf of Mexico

With a gross production capacity of up to 140 000 bpd, Argos is bp’s fifth platform in the Gulf of Mexico and the first new bp-operated production facility in the region since 2008.

Enteq sells XXT and invests in new facility to focus on novel RSS solution, SABER
13 Apr 20232 min read

Enteq sells XXT and invests in new facility to focus on novel RSS solution, SABER

The sale comes as Enteq expands to new US headquarters in Houston, Texas, as it drives the continued development of SABER.

Wärtsilä to operate power modules for 3R Petroleum
12 Apr 20232 min read

Wärtsilä to operate power modules for 3R Petroleum

Wärtsilä will operate the power modules onboard a FPSO vessel, on behalf of the owner 3R Petroleum and has also signed a five-year optimised maintenance agreement with the company to ensure the reliability and performance of the installation.

Intelligent Wellhead Systems opens new base of operations in Texas
6 Apr 20232 min read

Intelligent Wellhead Systems opens new base of operations in Texas

Rapid adoption of automation technology and digital solutions for completions drove the need for local customer support, logistics and a full-service operations base to support the Permian Basin.

Neptune Energy to create digital twins of offshore platforms in the Dutch North Sea
6 Apr 20231 min read

Neptune Energy to create digital twins of offshore platforms in the Dutch North Sea

The company has announced an agreement to create new ‘digital twins’ of two offshore platforms in the Dutch North Sea, expanding its portfolio of digitised assets to 14.

TotalEnergies and the Iraqi Government make plans to move forward with Gas Growth Integrated Project
5 Apr 20232 min read

TotalEnergies and the Iraqi Government make plans to move forward with Gas Growth Integrated Project

While confirming all the terms of the Development & Production Contract signed in 2021, TotalEnergies and the Iraqi Government have jointly defined the necessary conditions and mutual insurances to move forward with the Gas Growth Integrated Project (GGIP).

SBM Offshore completes project financing of FPSO Almirante Tamandaré
3 Apr 20231 min read

SBM Offshore completes project financing of FPSO Almirante Tamandaré

The project financing is provided by a consortium of 13 international banks with insurance cover from 4 international Export Credit Agencies (ECA).

Significant UK gas reserves used through flaring and venting
31 Mar 20232 min read

Significant UK gas reserves used through flaring and venting

The UK has lost about 13 billion cubic metres (bcm) of indigenous gas reserves through flaring and venting over the past 10 years, exposing oil and gas operators to £2.6 billion in lost gas sales and £1 billion in Emissions Trading System (ETS) payments.

Transocean Ltd. announces harsh environment contract award
30 Mar 20231 min read

Transocean Ltd. announces harsh environment contract award

The company has announced contract fixtures for two of its harsh environment semisubmersibles. Together, the fixtures represent approximately US$113 million in firm contract backlog.

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