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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.

PGS to undertake 3D acquisition for Exxon offshore Suriname
24 Sept 20211 min read

PGS to undertake 3D acquisition for Exxon offshore Suriname

Ramform Tethys is scheduled to commence acquisition during 4Q21, and it is planned to complete in 1Q22.

Baker Hughes to provide asset performance management services for SABIC
24 Sept 20212 min read

Baker Hughes to provide asset performance management services for SABIC

The five-year alliance includes the delivery of plant-wide condition monitoring and machine asset protection services across more than 1200 assets at over 16 SABIC sites in Saudi Arabia.

4Subsea achieves North Sea measurement campaign milestone
24 Sept 20213 min read

4Subsea achieves North Sea measurement campaign milestone

The company has completed more than 300 measurements campaigns in the North Sea across a decade of digital twin technology.

China’s inaugural SPR auction unlikely to impact global crude oil markets, according to Wood Mackenzie
24 Sept 20212 min read

China’s inaugural SPR auction unlikely to impact global crude oil markets, according to Wood Mackenzie

The released batch of crude oil was mostly bought and stored in the period from April to May 2020, coinciding with the oil price crash last year. Hence, a relatively low transaction price is expected.

SBM Offshore completes bridge loan for FPSO Almirante Tamandaré
24 Sept 20211 min read

SBM Offshore completes bridge loan for FPSO Almirante Tamandaré

The US$635 million bridge loan facility will be fully drawn in the coming days to finance the ongoing construction of the FPSO Almirante Tamandaré.

Shell completes sale of Western Desert assets in Egypt to Cheiron Petroleum Corp. and Cairn Energy
24 Sept 20211 min read

Shell completes sale of Western Desert assets in Egypt to Cheiron Petroleum Corp. and Cairn Energy

The sale is for a base consideration of US$646 million and additional payments of up to US$280 million between 2021 and 2024.

OGA launches decarbonisation competition for electrification of offshore oil and gas installations
23 Sept 20213 min read

OGA launches decarbonisation competition for electrification of offshore oil and gas installations

The winning ideas will be allocated a share of the £1 million prize fund, to complete the proposed work by 31 March 2022.

Q10-A gas field resumes production
23 Sept 20211 min read

Q10-A gas field resumes production

The TAQA operated P15-D platform at the Q10-A gas field in the Dutch North Sea has resumed normal operations following a maintenance shutdown.

Rystad Energy: seismic vessel utilisation recovers to pre-Covid-19 level
23 Sept 20215 min read

Rystad Energy: seismic vessel utilisation recovers to pre-Covid-19 level

A Rystad Energy report shows that the seismic fleet’s hibernation is now over, as vessel utilisation has recovered to pre-Covid-19 levels in 3Q21.

AqualisBraemar LOC to provide marine warranty survey services for new gas FPSO
23 Sept 20212 min read

AqualisBraemar LOC to provide marine warranty survey services for new gas FPSO

AqualisBraemar will provide 3rd party review and approval of marine operations relating to the following: hull construction in Korea, transportation from Korea to Singapore, topside module transportation and integration in Singapore, installation of the STP buoy and moorings, and tow to field and offshore hook-up of the FPSO.

MDL AME delivers CTU control system for FSO offshore Cameroon
23 Sept 20211 min read

MDL AME delivers CTU control system for FSO offshore Cameroon

Executed by the MDL Asset Maintenance & Engineering division, the scope covered complete project management and engineering of a hydraulic control system for Clevis Tensioning Units.

Chariot awards Halliburton well services contract
23 Sept 20211 min read

Chariot awards Halliburton well services contract

Halliburton will provide well services on Chariot's planned Anchois gas appraisal well offshore Morocco.

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