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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.

United Oil & Gas achieves further success at Abu Sennan licence
23 Jul 20212 min read

United Oil & Gas achieves further success at Abu Sennan licence

Initial interpretations indicate a total of over 40 m MD of net oil pay across three different reservoir units in the Al Jahraa-8 development well.

Pharos Energy begins infill drilling at Vietnam offshore field
23 Jul 20212 min read

Pharos Energy begins infill drilling at Vietnam offshore field

Pharos Energy is carrying out an infill programme to increase production from the TGT field in the Cuu Long Basin.

Shell starts sale of stakes in two Malaysian offshore fields
23 Jul 20211 min read

Shell starts sale of stakes in two Malaysian offshore fields

According to a document seen by Reuters, Shell has launched the sale of its stakes in the Baram Delta EOR and the SK307 production-sharing contracts, which are operated by Petronas Carigali Sdn Bhd.

Borr Drilling rig contracted for work in Mexico
22 Jul 20211 min read

Borr Drilling rig contracted for work in Mexico

The drilling programme, for an unnamed international oil company, is expected to commence in 2Q22 for a duration of approximately 150 days.

Shell starts gas production from Barracuda Project
22 Jul 20212 min read

Shell starts gas production from Barracuda Project

The Barracuda project comprises two subsea wells (both 100% Shell owned), one in the Endeavour field and the other in the Bounty field, offshore Trinidad and Tobago.

EIA: US crude oil exports reached record levels in 2020 and remain high in 2021
22 Jul 20213 min read

EIA: US crude oil exports reached record levels in 2020 and remain high in 2021

The four-week rolling average of US crude oil export volumes has not fallen below 2 million bpd during the past three years, despite the COVID-19 pandemic.

Enteq Upstream appoints Business Development Vice-President
22 Jul 20212 min read

Enteq Upstream appoints Business Development Vice-President

Suki Gill joins the company with 15-years’ experience under her belt, ranging from hands-on Measurements and Logging while Drilling Engineering, multi-platform integration projects, training and operations management.

Seismic consortium secures pre-funding for Sarawak Basin survey
22 Jul 20212 min read

Seismic consortium secures pre-funding for Sarawak Basin survey

The survey area covers acreage included in the Malaysia Bid Round 2021 and fast-track results will be delivered in time for block evaluation.

Baker Hughes reports fall in profit
21 Jul 20211 min read

Baker Hughes reports fall in profit

Adjusted net income attributable to the company was US$83 million, or 10 cents per share, in the quarter ended June 30, compared with US$91 million, or 12 cents per share, in 1Q21.

First gas from Tolmount field delayed
21 Jul 20212 min read

First gas from Tolmount field delayed

Tolmount first gas will be delayed beyond the end of July and is now likely to be around year-end, due to issues identified in electrical systems on the HGS Tolmount platform.

ESAI Energy: global oil demand at risk into 2023
21 Jul 20212 min read

ESAI Energy: global oil demand at risk into 2023

ESAI has examined vaccination trends in the top 25 oil-consuming countries, looking at case load, vaccine access, vaccine hesitation and government actions, in order to forecast vaccination rates and determine when the likelihood of lockdowns and diminished economic activity should drop considerably.

Nabors and Halliburton connect digital well planning and rig operations
21 Jul 20212 min read

Nabors and Halliburton connect digital well planning and rig operations

The Nabors SmartROS platform can now integrate with Halliburton’s Digital Well Program, creating synergies between well planning and rig operations.

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