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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.

Harbour Energy announces US$200 million buyback programme
17 Jun 20221 min read

Harbour Energy announces US$200 million buyback programme

Harbour is pleased to announce the commencement of a share buyback programme of the Company’s ordinary shares for up to a maximum aggregate consideration of US$200 million.

Maersk Drilling secures one-well extension for Maersk Valiant
17 Jun 20221 min read

Maersk Drilling secures one-well extension for Maersk Valiant

TotalEnergies E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work scope of the drillship Maersk Valiant.

Equinor agrees winter gas supplies with UK’s Centrica
17 Jun 20222 min read

Equinor agrees winter gas supplies with UK’s Centrica

Equinor and the UK’s Centrica have signed an agreement which will provide additional supplies of around 1 billion cubic meter (bcm) of gas for each of the coming three heating seasons.

Fishbones launches stimulation technology in the geothermal market
17 Jun 20223 min read

Fishbones launches stimulation technology in the geothermal market

The move will see the company provide an alternative solution for geothermal well enhancement.

ExxonMobil releases response to Biden’s letter to oil industry
16 Jun 20222 min read

ExxonMobil releases response to Biden’s letter to oil industry

ExxonMobil releases a statement in response to a letter from President Biden.

Equinor joins the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
16 Jun 20223 min read

Equinor joins the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

With 100 000 ships consuming around 300 million t of fuel per year global shipping accounts for around 3% of global carbon emissions, a share that is likely to increase as other industries tackle climate emissions in the coming decades.

Samotics launches new energy efficiency solution
16 Jun 20223 min read

Samotics launches new energy efficiency solution

The new system provides detailed performance and efficiency insights across industrial assets and realise energy savings of 10 – 15% and cut CO2 emissions.

Pioneering UK subsea firm commissions control room following £24million investment
14 Jun 20223 min read

Pioneering UK subsea firm commissions control room following £24million investment

Modus has developed the application of fully automated, low cost, carbon-zero inspection and maintenance services using subsea hybrid autonomous underwater vehicles (HAUVs) to map underwater topography and inspect pipelines, cabling and undersea structures.

Sercel equips new vessel in South Korea with a complete marine seismic acquisition system for 3D seismic research
14 Jun 20222 min read

Sercel equips new vessel in South Korea with a complete marine seismic acquisition system for 3D seismic research

The contract calls for the supply of a Seal 428 recording system, including Sentinel streamers, a Nautilus streamer positioning system, and G-Source II high-performance impulsive sources.

Petrofac awarded five-year Integrated Services Provider contract
14 Jun 20222 min read

Petrofac awarded five-year Integrated Services Provider contract

Under the contract, Petrofac will provide onshore and offshore personnel and a range of technical support services. The five-year contract, which has an option to extend, starts in June.

CGG authors win SEG award for best paper in 'The Leading Edge'
14 Jun 20223 min read

CGG authors win SEG award for best paper in 'The Leading Edge'

The paper describes how a combination of machine learning and rock physics helped leverage legacy seismic and well data for the characterisation of a carbonate geothermal reservoir located in the Dogger Formation northeast of Paris, France.

bp reshapes Canada portfolio for strong future growth
13 Jun 20222 min read

bp reshapes Canada portfolio for strong future growth

bp has agreed to sell its 50% interest in the Sunrise oil sands project in Alberta, Canada, to Calgary-based Cenovus Energy.

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