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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.

Transocean Ltd. announces contract award for ultra-deepwater drillship
1 Feb 20231 min read

Transocean Ltd. announces contract award for ultra-deepwater drillship

The company has announced that the ultra-deepwater drillship, Dhirubhai Deepwater KG2, has been awarded a 910-day contract by a national oil company for work offshore Brazil.

Westwood Global Energy Group release 2022 review of upstream oil and gas
31 Jan 20232 min read

Westwood Global Energy Group release 2022 review of upstream oil and gas

The review depicts a turbulent year for the industry, with a constant battle between the energy transition and societal pressures to maintain energy supply.

Wood Mackenzie: New global oil and gas discoveries in 2022 drive exploration to highest value creation in over a decade
31 Jan 20232 min read

Wood Mackenzie: New global oil and gas discoveries in 2022 drive exploration to highest value creation in over a decade

The global oil and gas exploration sector had its strongest year in 2022 in more than a decade according to Wood Mackenzie.

Lebanon: QatarEnergy joins TotalEnergies and Eni on two exploration blocks
30 Jan 20231 min read

Lebanon: QatarEnergy joins TotalEnergies and Eni on two exploration blocks

TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon.

STRYDE awarded contract for Middle East seismic survey
25 Jan 20232 min read

STRYDE awarded contract for Middle East seismic survey

The company has been awarded a multi-million-dollar contract for the supply of an 80 000-channel nodal acquisition system in the Middle East.

TSC Subsea targets new global markets in 2023
25 Jan 20233 min read

TSC Subsea targets new global markets in 2023

The company’s strategic growth plans follow on from a successful year which saw the company establish new bases in Brazil and Australia and grow its global headcount by more than 30%.

Vallourec secures long-term agreement with Petrobras to supply OCTG solutions
25 Jan 20232 min read

Vallourec secures long-term agreement with Petrobras to supply OCTG solutions

The three-year agreement covers the supply of OCTG Premium products, associated accessories, and specialised physical and digital services, representing a volume of supply above 110 kt of products and accessories.

Neptune Energy commences drilling at Adorf gas development
24 Jan 20231 min read

Neptune Energy commences drilling at Adorf gas development

The well is being drilled by KCA Deutag, with final depth of around 4700 m expected to be reached in June this year.

Saipem awarded two offshore contracts for total of US$900 million
23 Jan 20231 min read

Saipem awarded two offshore contracts for total of US$900 million

The first contract, in partnership with Aker Solutions do Brasil, has been awarded by Total Energies, for the LAPA Southwest (LAPA SW) Development Project, a deepwater oilfield in the Santos Basin in the South Atlantic.

NPD shares preliminary production figures for December 2022
23 Jan 20231 min read

NPD shares preliminary production figures for December 2022

Preliminary production figures for December 2022 show an average daily production of 1 983 000 barrels of oil, NGL and condensate.

Strohm wins second TCP ‘jumpers on demand’ contract for ExxonMobil
20 Jan 20233 min read

Strohm wins second TCP ‘jumpers on demand’ contract for ExxonMobil

The Uaru field development award marks Strohm’s largest order.

Sercel-GRC launches school of gauges training courses
20 Jan 20231 min read

Sercel-GRC launches school of gauges training courses

Each participant in the SoG Training Courses will gain expertise in functionality tests, best practices, configuration, troubleshooting, certificate of attendance and compliance.

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