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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.

Montel: EU gas prices slide 20% amid ceasefire in Iran war
8 Apr 20262 min read

Montel: EU gas prices slide 20% amid ceasefire in Iran war

The European bellwether front-month gas contract on the Dutch TTF hub initially dropped to EUR 42.50/MWh on Ice Endex this morning, its lowest since 2 March, before recovering slightly to EUR 43.46/MWh, at the time of writing.

Decom Engineering secures US patent for advanced Chopsaw cutting technology
7 Apr 20263 min read

Decom Engineering secures US patent for advanced Chopsaw cutting technology

Decom Engineering secures a United States patent for key elements of its proprietary Chopsaw cutting technology.

A reliability-centred framework for sub-asset management in CMMS
Exclusive7 Apr 2026

A reliability-centred framework for sub-asset management in CMMS

Rebuilding asset visibility from the component level up, by Rajaram Madhavan, SLB.

DroneQ Robotics and Mark Offshore strike deal on the latter’s new fleet addition ‘R/V Mintis’
7 Apr 20262 min read

DroneQ Robotics and Mark Offshore strike deal on the latter’s new fleet addition ‘R/V Mintis’

Mark Offshore manages and operates the DP1 ROV Support and Survey vessel. DroneQ Robotics now has the exclusive rights to deploy the vessel for its own projects, Intertek projects, and third-party projects.

Wood Mackenzie: Middle East crisis should prompt UK North Sea policy rethink
31 Mar 20262 min read

Wood Mackenzie: Middle East crisis should prompt UK North Sea policy rethink

The UK government faces renewed pressure to change its policy on the North Sea, amid the crisis in the Middle East, says Wood Mackenzie.

TotalEnergies completes the merger of its UK North Sea upstream assets with NEO NEXT
31 Mar 20261 min read

TotalEnergies completes the merger of its UK North Sea upstream assets with NEO NEXT

TotalEnergies announces the completion of the merger between NEO NEXT and TotalEnergies’ UK upstream oil and gas business.

BOEM analyses proposed offshore well stimulation work at platform Gilda offshore California
26 Mar 20262 min read

BOEM analyses proposed offshore well stimulation work at platform Gilda offshore California

The Bureau of Ocean Energy Management has issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production Plan, which includes the use of hydraulic fracturing on 16 existing wells at Platform Gilda, located 8.8 miles offshore Ventura County, California.

Strohm provides insulated production jumpers for a project in Malaysia
26 Mar 20262 min read

Strohm provides insulated production jumpers for a project in Malaysia

Thermoplastic composite pipe (TCP) manufacturer Strohm has been awarded a contract to supply two insulated carbon fibre PA12 (CF/PA12) TCP production jumpers for a Southeast Asian operator.

The cost of war: Gulf energy infrastructure left facing a US$25 billion repair bill
25 Mar 20264 min read

The cost of war: Gulf energy infrastructure left facing a US$25 billion repair bill

War in the Middle East has triggered severe global supply disruptions in oil and gas, with reported damage and shutdowns affecting liquefied natural gas (LNG) trains, refineries, fuel terminals and critical gas-to-liquids facilities across the region.

EnerMech wins five-year North Sea contract on Kraken FPSO
24 Mar 20262 min read

EnerMech wins five-year North Sea contract on Kraken FPSO

EnerMech has secured a five-year contract to provide Bumi Armada with crane management and lifting services on the Armada Kraken Floating Production Storage and Offloading (FPSO) vessel in the UK North Sea East of Shetland.

Baker Hughes and Petrobras sign strategic service agreement
19 Mar 20262 min read

Baker Hughes and Petrobras sign strategic service agreement

Baker Hughes, an energy technology company, has announced a 60-month service award from Petrobras to support critical turbomachinery equipment for Brazil’s offshore operations, as well as a major refinery.

Equnior announces new oil discovery
19 Mar 20262 min read

Equnior announces new oil discovery

Equinor has made an oil discovery that will be tied into the Johan Castberg field in the Barents Sea.

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