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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.

Coretrax completes record breaking project in USA with expandable technology
23 Jun 20222 min read

Coretrax completes record breaking project in USA with expandable technology

Global well integrity and production optimisation expert Coretrax has completed a world record-breaking project in the Utica Basin, Northeast America, for a major gas operator with its ReLine Expandable Technology.

TSC Subsea launches deepwater hydrate detection system
23 Jun 20222 min read

TSC Subsea launches deepwater hydrate detection system

Designed and developed by TSC Subsea’s UK team, working closely with the company’s Norwegian acoustic scientists, the ART® vPush was designed with speed of inspection as a priority.

Bureau Veritas secures contract with Shell
22 Jun 20224 min read

Bureau Veritas secures contract with Shell

The company has been awarded a multi-million-pound contract with Shell to deliver verification and acoustic noise services across 26 offshore installations and three onshore gas plants in the UK.

EIA expects nine new Gulf of Mexico natural gas and crude oil fields to start in 2022
22 Jun 20222 min read

EIA expects nine new Gulf of Mexico natural gas and crude oil fields to start in 2022

In EIA’s June 2022 Short-Term Energy Outlook (STEO), the company forecast that new fields coming online in 2022 will account for 5% of natural gas production and 14% of crude oil production in the US Federal Offshore Gulf of Mexico (GOM) by the end of 2023.

MacGregor signs a two-year agreement with OnWatch Scout for AHC cranes
22 Jun 20222 min read

MacGregor signs a two-year agreement with OnWatch Scout for AHC cranes

MacGregor, part of Cargotec, has signed a two-year OnWatch Scout agreement and has been selected to supply spare parts and services for the Offshore Support Vessel, MPV Everest.

Neptune Energy, ExxonMobil, Rosewood and EBN to cooperate on L10 carbon capture and storage
21 Jun 20223 min read

Neptune Energy, ExxonMobil, Rosewood and EBN to cooperate on L10 carbon capture and storage

This stage of the L10 carbon capture and storage project has the potential to store 4-5 million t of CO2 annually for industrial customers within depleted gas fields around the Neptune-operated L10-A, B and E areas. It represents the first stage in the potential development of the greater L10 area as a large-volume CO2 storage reservoir.

Well-Safe Solutions to undertake Ithaca Energy North Sea well decommissioning
21 Jun 20222 min read

Well-Safe Solutions to undertake Ithaca Energy North Sea well decommissioning

The company has been contracted by Ithaca Energy to plug and abandon (P&A) six wells on the Anglia platform in the Southern North Sea, approximately 55 km from the UK mainland.

Norwegian Petroleum Directorate shares production figures for May 2022
21 Jun 20221 min read

Norwegian Petroleum Directorate shares production figures for May 2022

Preliminary production figures for May 2022 show an average daily production of 1 831 000 barrels of oil, NGL and condensate.

GD Energy Products achieves top ratings in 2022 Oilfield Products Customer Satisfaction Survey
20 Jun 20222 min read

GD Energy Products achieves top ratings in 2022 Oilfield Products Customer Satisfaction Survey

GD Energy Products (GDEP), a total solutions provider for the drilling, well servicing and frac pumps market, has achieved top ratings in customer satisfaction in the 2022 Oilfield Products Customer Satisfaction Survey, conducted by EnergyPoint Research.

Eni named ‘upstream industry’s most-admired explorer’
20 Jun 20223 min read

Eni named ‘upstream industry’s most-admired explorer’

The accolade was awarded as part of Wood Mackenzie’s annual Exploration Survey.

Craig International wins major, long-term contract with INEOS FPS
20 Jun 20222 min read

Craig International wins major, long-term contract with INEOS FPS

Craig International has secured a major contract with INEOS FPS valued at over £20million. Following a competitive tender, the global energy procurement specialist has been awarded a five-year contract to deliver consolidated procurement services to INEOS FPS.

Targa Resources to acquire Lucid Energy from Riverstone Holdings and Goldman Sachs asset management for US$3.55 billion
20 Jun 20224 min read

Targa Resources to acquire Lucid Energy from Riverstone Holdings and Goldman Sachs asset management for US$3.55 billion

Lucid’s Delaware Basin footprint overlays some of the most economic crude oil and natural gas producing acreage in North America. Current rig activity supports over 20 years of drilling inventory on Lucid’s greater than 600 000 dedicated acres

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