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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.

TGS commences 3D reprocessing project offshore Uruguay
10 Nov 20221 min read

TGS commences 3D reprocessing project offshore Uruguay

Tannat 3D PSDM Repro consists of 25 000 sq km covering blocks in the active Uruguay licensing round.

Equinor postpones Wisting project investment decision
10 Nov 20222 min read

Equinor postpones Wisting project investment decision

The partners have decided to postpone the investment decision scheduled for December 2022. The maturation of the project continues, aiming for an investment decision by end of 2026.

Pantheon announces acquisition of 40 000 acres in State of Alaska's North Slope Areawide Lease sale
10 Nov 20224 min read

Pantheon announces acquisition of 40 000 acres in State of Alaska's North Slope Areawide Lease sale

The new leases are strategically positioned in two areas contiguous or adjacent to the company’s current acreage on its north western boundary, covering the extension of the Theta West project, and east.

Crosby Group receives order for custom sheaves for offshore drilling vessels
9 Nov 20222 min read

Crosby Group receives order for custom sheaves for offshore drilling vessels

The significant order is for custom 115 t safe working load (SWL) sheaves to overhaul the drilling towers on a fleet of vessels.

API publishes document to help enhance onshore production facilities’ environmental performance
8 Nov 20222 min read

API publishes document to help enhance onshore production facilities’ environmental performance

The American Petroleum Institute (API) published a first-edition document focused on species and habitat conservation for onshore natural gas and oil production facilities.

Energy Skills Alliance members fund development of UK Offshore Energy Skills Intelligence Hub
8 Nov 20223 min read

Energy Skills Alliance members fund development of UK Offshore Energy Skills Intelligence Hub

The UK Offshore Energy Skills Intelligence Hub will create a complete picture of the people and skills needed in the industry between now and 2050.

EthosEnergy expands footprint in the Middle East
7 Nov 20222 min read

EthosEnergy expands footprint in the Middle East

The company is investing over US$2 million in a new engineering workshop in Abu Dhabi – a move which will enable EthosEnergy to better respond to the fast-growing rotating and oil and gas equipment market.

Oil and gas industry details actions on reducing methane emissions
4 Nov 20223 min read

Oil and gas industry details actions on reducing methane emissions

Australia’s oil and gas industry has detailed in a new report some of the innovative ways companies are reducing methane emissions.

OMV (Norge) AS in the process of concluding drilling of Oseberg field exploration wells
4 Nov 20222 min read

OMV (Norge) AS in the process of concluding drilling of Oseberg field exploration wells

The wells were drilled about 10 kilometres northwest of the Oseberg field in the North Sea and 150 kilometres northwest of Bergen.

Neptune Energy begins drilling Calypso exploration well
4 Nov 20221 min read

Neptune Energy begins drilling Calypso exploration well

The reservoir target is the middle and lower Jurassic formations and is expected to be reached at a depth of approximately 2960 m.

Tracerco supplies technology to Scarborough Gas Field
3 Nov 20222 min read

Tracerco supplies technology to Scarborough Gas Field

The company has secured a contract to deliver its ProfilerTM technology to the Woodside Energy-owned Scarborough Gas Field located in the Indian Ocean, on the West Coast of Australia.

Shell completes sale of interest in Malampaya, Philippines
3 Nov 20221 min read

Shell completes sale of interest in Malampaya, Philippines

Following consent from the joint venture partners and regulatory approval, Shell Petroleum N.V. has completed the sale of its 100% shareholding in Shell Philippines Exploration B.V to Malampaya Energy XP Pte Ltd.

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