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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.

Gas discovered offshore Abu Dhabi in Eni-operated concession
4 Feb 20222 min read

Gas discovered offshore Abu Dhabi in Eni-operated concession

Interim results from the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni, indicate between 1.5 – 2 trillion ft3 of raw gas in place.

JDR to provide subsea umbilicals for Otway project
1 Feb 20222 min read

JDR to provide subsea umbilicals for Otway project

JDR’s thermoplastic umbilical system will allow Beach Energy to increase production from its Otway Gas Plant and deliver a new supply of gas to Australia’s East Coast.

Archer awarded two-year contract extension for drilling services in Argentina
1 Feb 20222 min read

Archer awarded two-year contract extension for drilling services in Argentina

The extended contract covers 2 drilling rigs, 13 workover units and 13 pulling units on Pan American’s Cerro Dragon field in the Golfo San Jorge basin in southern Argentina.

EIA: OPEC production will grow in 2022 despite recent production outages in Libya
1 Feb 20223 min read

EIA: OPEC production will grow in 2022 despite recent production outages in Libya

This increase in the EIA’s forecast of crude oil production is largely based on their interpretation of the January 2022 OPEC+ meeting, when participants reaffirmed their decision to continue to increase output by 0.4 million bpd each month until all of the production cuts are reversed.

BCCK to supply nitrogen rejection unit to Pinnacle Midstream in Permian Basin
28 Jan 20222 min read

BCCK to supply nitrogen rejection unit to Pinnacle Midstream in Permian Basin

BCCK, along with its sister company NG Resources, will design and build the facility.

TMK invites oilfield services innovators to pilot solutions
28 Jan 20222 min read

TMK invites oilfield services innovators to pilot solutions

Under the programme, TMK-Premium Service will select and test startup initiatives covering various aspects of premium tubular services for the oil and gas industry as well as the development of high-tech threaded connections and business process optimisation.

Wellesley Petroleum drills dry well north of Gjøa field
28 Jan 20222 min read

Wellesley Petroleum drills dry well north of Gjøa field

The well was drilled about 65 km northwest of Florø and about 60 km north of Gjøafeltet in the northern part of the North Sea.

Woodside to exit Myanmar
27 Jan 20222 min read

Woodside to exit Myanmar

Woodside has operated in Myanmar since 2013, conducting multiple exploration and drilling campaigns.

Subsea 7 awarded Shenandoah project contract
27 Jan 20222 min read

Subsea 7 awarded Shenandoah project contract

The project covers the tie-back of four subsea wells to the Shenandoah host facility through a subsea manifold with dual flowlines and risers.

KCA Deutag awarded land rig contract in Oman
27 Jan 20223 min read

KCA Deutag awarded land rig contract in Oman

The 10-year contract comes with options to extend for a further two years and, with those options included, has a total value around US$550 million.

2021 offshore investment back to pre-pandemic levels, says Westwood
26 Jan 20223 min read

2021 offshore investment back to pre-pandemic levels, says Westwood

Latest analysis from Westwood Global Energy Group reveals a year-on-year growth for the global offshore rig market at the close of 2021, up 200% from 2020.

Shearwater to carry out Western Australia surveys for Santos
26 Jan 20221 min read

Shearwater to carry out Western Australia surveys for Santos

The two-month programme covers the Keraudren North Extension with an area of approximately 680 km2 in the Bedout Basin, and the Petrel Sub-Basin 3D survey of approximately 1100 km2.

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