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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.

ExxonMobil and Scepter to deploy satellite technology for methane emissions detection
14 Dec 20213 min read

ExxonMobil and Scepter to deploy satellite technology for methane emissions detection

In the first phase of the project, the companies will design and optimise the plan for satellite placement and coverage, initially focused on capturing methane emissions data from ExxonMobil operations in the Permian Basin.

WoodMac: upstream industry on rebound – but ‘peak uncertainty’ fears weigh in 2022
13 Dec 20214 min read

WoodMac: upstream industry on rebound – but ‘peak uncertainty’ fears weigh in 2022

In its Global Upstream Outlook 2022, Wood Mackenzie points out the upstream industry must respond to the implications of the pledges made at COP26 and governments must set a course for the industry to follow.

Light and smart: for a brighter future
13 Dec 20216 min read

Light and smart: for a brighter future

Jesús Fernández, Zalux, looks at the benefits the latest lighting solutions have to offer and why the upgrade to LED lighting has become a ‘when’ not ‘if’ for the oil and gas industry.

PGS awarded exploration contract in West Africa
13 Dec 20211 min read

PGS awarded exploration contract in West Africa

A Ramform Titan-class vessel is scheduled to commence exploration in early February 2022.

Vaalco spuds well offshore Gabon
13 Dec 20212 min read

Vaalco spuds well offshore Gabon

A jack-up rig has commenced activities on the Etame 8H-ST development well, which is expected to be completed in January with production expected later in 1Q22.

QatarEnergy acquires interests in Red Sea exploration blocks
13 Dec 20212 min read

QatarEnergy acquires interests in Red Sea exploration blocks

QatarEnergy will hold a 17% working interest in Red Sea Blocks 3 and 4, operated by Shell.

Aker Solutions given FEED contracts for Valhall and King Lear projects
13 Dec 20213 min read

Aker Solutions given FEED contracts for Valhall and King Lear projects

The Valhall field and the King Lear discovery are located on the Norwegian Continental Shelf.

Petrobras awards TechnipFMC flexible pipe contracts
10 Dec 20211 min read

Petrobras awards TechnipFMC flexible pipe contracts

The frame agreements cover the manufacture of more than 500 km of flexible pipe over the next four years, as well as services.

Cambo oilfield project paused following Shell withdrawal
10 Dec 20211 min read

Cambo oilfield project paused following Shell withdrawal

Shell's decision last week not to progress the Cambo oilfield project in the UK North Sea means the development is being paused.

Aker Solutions to deliver subsea compression module for Åsgard gas field
9 Dec 20212 min read

Aker Solutions to deliver subsea compression module for Åsgard gas field

The module is planned to be ready for delivery in August 2024.

Oil Search receives shareholder approval for buyout by Santos
7 Dec 20211 min read

Oil Search receives shareholder approval for buyout by Santos

The deal would create a global top 20 oil and gas company and make Santos the largest shareholder in PNG's biggest resource project, the PNG LNG project, run by ExxonMobil.

Winners named for North Sea electrification competition
7 Dec 20213 min read

Winners named for North Sea electrification competition

Orcadian Energy, Orsted and Katoni Engineering must now complete work on their studies by 31 March 2022, with project reports to be published in 2Q22.

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