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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.

ChampionX named ExxonMobil’s 2022 supplier of the year
9 Dec 20222 min read

ChampionX named ExxonMobil’s 2022 supplier of the year

ChampionX is first company to receive new annual supplier recognition award based on performance, service quality, and responsiveness.

BP starts production from Trinidad and Tobago’s Cassia C facility
9 Dec 20222 min read

BP starts production from Trinidad and Tobago’s Cassia C facility

Cassia C is expected to produce, at peak, about 200 – 300 million standard cubic feet a day of gas.

S&P Global Commodity Insights shows that two thirds of UK and Norway North Sea oil and gas production has lower-than-average greenhouse gas intensity
9 Dec 20223 min read

S&P Global Commodity Insights shows that two thirds of UK and Norway North Sea oil and gas production has lower-than-average greenhouse gas intensity

The analysis found that, on average, UK production in the North Sea was nearly three times more GHG intensive (23 kgCO2e/boe) than Norwegian production (8 kgCO2e/boe).

PCSB announces oil and gas discovery at the Nahara-1 well in Block SK306
7 Dec 20221 min read

PCSB announces oil and gas discovery at the Nahara-1 well in Block SK306

The discovery is located in the shallow waters of Balingian Province about 150 kilometres from Bintulu, off the coast of Sarawak, offshore Malaysia.

Verdande: Securing higher production on the Norne vessel
6 Dec 20222 min read

Verdande: Securing higher production on the Norne vessel

The discoveries were proven in 2017 and 2020 respectively and contain a total of 36.3 million bbl of recoverable oil equivalent.

Valaris renews service and maintenance agreement with Survitec
6 Dec 20222 min read

Valaris renews service and maintenance agreement with Survitec

Offshore drilling operator Valaris has confirmed it has renewed, for an additional three years, the service agreement it has in place with survival technology solutions provider, Survitec.

GlobalData: Oil and gas leaders taking measured steps for energy transition
6 Dec 20222 min read

GlobalData: Oil and gas leaders taking measured steps for energy transition

The oil and gas industry leaders are steadily incorporating transition fuels as well as low-carbon and zero-carbon energy sources into their portfolios, says GlobalData.

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut
5 Dec 20222 min read

OPEC+ prepares for market uncertainty with continued 2 million b/d production cut

“The decision by OPEC+ to continue with its recently agreed 2 million barrels per day (b/d) production cut through the end of 2023 is not a surprise”, says Ann-Louise Hittle, Vice President, Macro Oils, at Wood Mackenzie.

Neptune Energy confirms new discovery in the Norwegian Sea
2 Dec 20221 min read

Neptune Energy confirms new discovery in the Norwegian Sea

Calypso is Neptune Energy’s third discovery in six months on the Norwegian Continental Shelf.

Oil and gas industry leaders and UK government discuss energy security, net zero and investment
1 Dec 20222 min read

Oil and gas industry leaders and UK government discuss energy security, net zero and investment

The industry is forecast to contribute £14.9 billion in tax receipts during the 2022 – 2023 financial year, however industry members raised concerns around the case for continuing investment following recent changes to the Energy Profits Levy.

The Making Of MENA – References
30 Nov 20222 min read

The Making Of MENA – References

The list of references associated with the article entitled 'The Making Of MENA', which featured in the Winter 2022 issue of Oilfield Technology.

Equinor Energy AS concludes drilling of exploration well 6507/8-11 S
29 Nov 20221 min read

Equinor Energy AS concludes drilling of exploration well 6507/8-11 S

The well was drilled about 17 kilometres north of the Heidrun field in the Norwegian Sea and 240 kilometres west of Sandnessjøen.

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