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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.

Neptune Energy increases Gjøa production
26 Jan 20222 min read

Neptune Energy increases Gjøa production

The increased production is due mainly to production start-up from the Gjøa P1 infill development in February and the Duva field tie-back in August.

mCloud signs MoU with Aramco to explore co-development of ESG and digitalisation hub
26 Jan 20222 min read

mCloud signs MoU with Aramco to explore co-development of ESG and digitalisation hub

The hub would enable both parties to jointly develop new AI-powered innovations to facilitate the carbon reduction of complex energy-intensive assets throughout Saudi Arabia and abroad.

Petrofac awarded contract extension with NEO Energy
25 Jan 20222 min read

Petrofac awarded contract extension with NEO Energy

Petrofac will provide a five-year framework for Well Management and Well Operator support for 27 wells across the Affleck, Balloch, Dumbarton, Lochranza and Finlaggan fields located in the Central North Sea, UK.

Coretrax deploys ReLineWL expandable technology in the Middle East
25 Jan 20223 min read

Coretrax deploys ReLineWL expandable technology in the Middle East

Deployed to support a major Saudi operator, the expandable technology was brought in when water ingress on a producing well led to decreased oil recovery.

Vår Energi and Lundin Energy join project to minimise environmental footprint of seismic data acquisition
25 Jan 20222 min read

Vår Energi and Lundin Energy join project to minimise environmental footprint of seismic data acquisition

Vår Energi and Lundin Energy Norway have joined Shearwater and Equinor to accelerate the development and commercialisation of a sustainable marine vibratory source technology.

HydroVolve launches percussive drilling system for geothermal wells
25 Jan 20224 min read

HydroVolve launches percussive drilling system for geothermal wells

GeoVolve HAMMER, powered by HydroVolve’s field proven INFINITY engine, uses percussive impulse energy to fracture the rock ahead of the drill bit, enabling deep drilling into hot, hard rock easier and faster.

TechnipFMC awarded Búzios 6 field EPCI contract
25 Jan 20221 min read

TechnipFMC awarded Búzios 6 field EPCI contract

The contract covers flexible and rigid pipe, umbilicals, pipeline end terminals, rigid jumpers, umbilical termination assemblies and a mooring system.

Halliburton doubles quarterly profit
24 Jan 20222 min read

Halliburton doubles quarterly profit

Halliburton has reported an adjusted net income of US$320 million in 4Q21, double that from a year earlier, prompting the oilfield services company to lift its dividend following a rebound in crude and natural gas prices.

Innovating solids management to create a cleaner future for oil and gas
24 Jan 20225 min read

Innovating solids management to create a cleaner future for oil and gas

Anders Arefjord, Founder & Business Development, FourPhase, explains why opportunities presented by remote and automated operations mean that a real window for change in solids management has opened.

Buffalo-10 well offshore East Timor uncommercial
24 Jan 20221 min read

Buffalo-10 well offshore East Timor uncommercial

Wireline logging operations have been completed on the well, with the oil column deemed to be residual and uncommercial.

Pantheon Resources spuds Theta West well in Alaska
24 Jan 20223 min read

Pantheon Resources spuds Theta West well in Alaska

The Theta West #1 well on Alaska's North Slope is targeting two primary targets which combined are estimated by the company to contain 12.1 billion barrels of oil in place with an estimated 1.4 billion barrels of recoverable resource.

ADC Energy awarded rig inspection contract in Permian Basin
24 Jan 20222 min read

ADC Energy awarded rig inspection contract in Permian Basin

The contract, which is worth US$$300 000 (£225 000), is expected to take between four and six months and is scheduled to be completed in 1Q22.

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