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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.

Capstone Green Energy secures order from a leading independent upstream oil and gas company
13 Oct 20222 min read

Capstone Green Energy secures order from a leading independent upstream oil and gas company

Two 65 KW ATEX systems will provide prime power to an unmanned offshore platform on the northwest coast of Malaysia. The microturbines systems are expected to be commissioned in Autumn 2023.

Wood Mackenzie comments on UK North Sea licensing round
12 Oct 20222 min read

Wood Mackenzie comments on UK North Sea licensing round

The licensing round highlights four priority cluster areas in the Southern North Sea (Greater Pegasus Area, Greater West Sole Area, Greater Cygnus Area and Cotton Area).

Future Market Insights: Digital oilfield solutions market to grow at a significant CAGR of 6.3% through 2028
12 Oct 20223 min read

Future Market Insights: Digital oilfield solutions market to grow at a significant CAGR of 6.3% through 2028

According to a recent market study by Future Market Insights, the sales of global digital oilfield solutions is estimated to stand at a market valuations of US$54 415.5 million by 2028.

Neptune Energy receives approval to increase Römerberg oil production
12 Oct 20221 min read

Neptune Energy receives approval to increase Römerberg oil production

The company has announced approval from the State Mining Authority for Rhineland-Palatinate to raise the production limit at its operated Römerberg oil field in the Rhine Valley, south-western Germany.

Saipem awarded new contracts in Ivory Coast worth €1 billion
11 Oct 20222 min read

Saipem awarded new contracts in Ivory Coast worth €1 billion

The contracts have been assigned by the ENI Cote d’Ivoire-Petroci consortium for the Baleine Phase 1 Project, for the development of the relative oil and gas field offshore Ivory Coast located at a 1200 m water depth.

New energy system prepares Seven Arctic for the future
10 Oct 20221 min read

New energy system prepares Seven Arctic for the future

The new energy-saving and storage system will hybridise the vessel which currently has a total installed power of 27 MW and DP3 classification and is suitable for worldwide operations in water depths up to 3000 m.

ADNOC awarded US$1.53 billion contract to support the expansion of offshore operations
10 Oct 20222 min read

ADNOC awarded US$1.53 billion contract to support the expansion of offshore operations

The award is for the provision of jack-up and island rigs and associated Integrated Drilling Services (IDS).

Major milestone in Northern Endeavour decommissioning contract
6 Oct 20222 min read

Major milestone in Northern Endeavour decommissioning contract

Petrofac has officially taken over operatorship of the Northern Endeavour FPSO facility on behalf of the Australian Government. This major milestone is a huge step in the landmark decommissioning contract which heralds the start of an era of decommissioning in the nation’s offshore oil and gas sector.

Offshore drillers and contractors set to hold 48-hour stoppages after 95% support action following real terms pay cut
5 Oct 20222 min read

Offshore drillers and contractors set to hold 48-hour stoppages after 95% support action following real terms pay cut

95% supported strike action in a ballot turnout of 86% after Unite accused oil and gas companies of ‘unfettered profiteering.’ The strike action will involve a series of 48-hour stoppages every second week for the first 8 weeks and will start on 20 and 21 October.

Neptune Energy awards US$53 million contract to CHC for Dutch sector
5 Oct 20221 min read

Neptune Energy awards US$53 million contract to CHC for Dutch sector

The contracts are part of a longer-term Alliance Agreement with CHC which will enable Neptune and CHC to optimise flight scheduling and route planning, and reduce the total number of offshore flights.

Howden secures compressor contract for Majnoon oilfield, Iraq
27 Sept 20223 min read

Howden secures compressor contract for Majnoon oilfield, Iraq

Howden will supply two screw compressor packages to Majnoon oilfield, near Basrah, Iraq. With Howden’s compressor solution, the Majnoon oilfield will save 42 242 t of carbon emissions per year – the equivalent of annual fossil fuel emissions for 9100 cars.

ADC Energy wins contract over US$1 million
27 Sept 20222 min read

ADC Energy wins contract over US$1 million

ADC Energy has secured a contract worth more than US$1 million to deliver baseline condition assessments for five vessels for a North American company.

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