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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.

TotalEnergies withdraws from North Platte project
10 Feb 20221 min read

TotalEnergies withdraws from North Platte project

TotalEnergies will resign as operator of the North Platte deepwater project in the US Gulf of Mexico.

GlobalData: overall global oil and gas contracts activity improved in 4Q21
9 Feb 20222 min read

GlobalData: overall global oil and gas contracts activity improved in 4Q21

In 4Q21, the oil and gas industry saw an increase of 77% in overall contract value.

GEODynamics introduces data analytics tool to predict proppant and fluid flow
9 Feb 20222 min read

GEODynamics introduces data analytics tool to predict proppant and fluid flow

The field-proven StageCoach model accurately predicts how proppant and fluid will flow through wells to measurably improve well productivity by 10-15%.

Drilling rig arrives at Pavo-1 well site
9 Feb 20222 min read

Drilling rig arrives at Pavo-1 well site

The Noble Tom Prosser jack-up drilling rig has completed the move to the Pavo-1 well location offshore Western Australia and has concluded the jack-down and other pre-drill operations.

ReconAfrica increases stake in Kavango Basin licence
8 Feb 20222 min read

ReconAfrica increases stake in Kavango Basin licence

ReconAfrica is to acquire half of NAMCOR’s 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence in the Kavango Basin, Namibia.

Petrobras licenses Shearwater geophysical software
8 Feb 20221 min read

Petrobras licenses Shearwater geophysical software

Petrobras’ geophysical processing team will have access to a full range of geophysical processing tools, including time, depth, multicomponent, time-lapse 4D processing and advanced imaging offered by the Shearwater Reveal software platform.

'Significant' oil interval found at onshore Cuban well
7 Feb 20222 min read

'Significant' oil interval found at onshore Cuban well

The interval just drilled by Melbana Energy at the Alameda-1 exploration well commenced at approximately 3077 mMD (2970 mTVD), indicating a potential gross reservoir interval of possibly as much as 500 mMD (450 mTVD).

Sparrows Group awarded North Sea crane maintenance contract
7 Feb 20222 min read

Sparrows Group awarded North Sea crane maintenance contract

The organisation will provide resident focal points, onshore engineering, process and maintenance services on North Sea platform, Bruce.

Petrofac signs first major O&M contract in India
7 Feb 20223 min read

Petrofac signs first major O&M contract in India

Petrofac has been awarded two new contracts with Cairn Oil & Gas, Vedanta Ltd.

Light oil discovery made by Shell and NAMCOR
4 Feb 20221 min read

Light oil discovery made by Shell and NAMCOR

It is anticipated that further exploration activity, including a second exploration well, will be required to determine the size and recoverable potential of the identified hydrocarbons at the Graff-1 deepwater exploration well.

Jack-up rig mobilising to Pavo-1 well offshore Western Australia
4 Feb 20222 min read

Jack-up rig mobilising to Pavo-1 well offshore Western Australia

Drilling is expected to commence within the next week after allowing for towing and set up.

Lake Albert FID would bring Uganda to top six oil producers in Africa, says GlobalData
4 Feb 20222 min read

Lake Albert FID would bring Uganda to top six oil producers in Africa, says GlobalData

Rami Khrais, Oil & Gas Analyst at GlobalData, has said that the project will be one of the largest oil developments seen in Africa over the last 20 years, expecting to recover over 1.5 billion barrels of oil.

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