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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.

EM&I awarded US patent for camera technology
26 Apr 20212 min read

EM&I awarded US patent for camera technology

The NoMan optical system, for which the patent has been given, is used for remote general and close visual inspection of tanks, pressure vessels and other confined spaces.

Imrandd wins contracts worth over £1.5 million
26 Apr 20212 min read

Imrandd wins contracts worth over £1.5 million

The Aberdeen-headquartered organisation has been awarded contracts by several global oil and gas upstream operators in the UK and internationally, as well as attaining work with new customers in downstream and utilities.

GlobalData: Equinor set to see over 650 000 boe/d of oil and gas production base powered from shore by 2025
26 Apr 20213 min read

GlobalData: Equinor set to see over 650 000 boe/d of oil and gas production base powered from shore by 2025

Successful commencement of Equinor's total project pipeline could see the company electrifying over 35% of its total oil and gas production base by 2025 through power from shore, according to GlobalData.

Reliance and BP start up second deepwater gas field offshore east India
26 Apr 20212 min read

Reliance and BP start up second deepwater gas field offshore east India

The Satellite Cluster field will produce gas from four reservoirs utilising a total of five wells and is expected to reach gas production of up to 6 million m3/d.

Gas production begins from Merakes development
26 Apr 20213 min read

Gas production begins from Merakes development

The five deepwater subsea wells in the project, offshore Indonesia, will have a production capacity of 450 million ft3/d.

Archer to acquire DeepWell
26 Apr 20212 min read

Archer to acquire DeepWell

Archer will take over Equinor wireline services scope from DeepWell starting 1 May 2021.

Lundin Energy sells "world’s first ever certified carbon neutrally produced oil"
26 Apr 20213 min read

Lundin Energy sells "world’s first ever certified carbon neutrally produced oil"

In order to supply a fully carbon neutral barrel to Saras, residual emissions of 2302 t CO2 were compensated through a carbon capture project, certified by the Verified Carbon Standard.

EIA: US exploration and production companies issuing new debt and equity
23 Apr 20212 min read

EIA: US exploration and production companies issuing new debt and equity

Because US producers have increased access to debt and equity (among other factors), the EIA is forecasting that US crude oil production will increase from 10.7 million bpd in 1Q21 to 12.2 million bpd in 4Q22.

Schlumberger sees international oil activity ramping up through 2021
23 Apr 20212 min read

Schlumberger sees international oil activity ramping up through 2021

Schlumberger, which has been selling assets in North America, said it is benefitting from an inflection in global drilling activity which has picked up as oil prices climbed to US$65.45.

Askeladd Vest development gets go-ahead
23 Apr 20213 min read

Askeladd Vest development gets go-ahead

As part of the multi-phased Snøhvit development, Askeladd Vest, in the southern Barents Sea, will extend plateau production at the Hammerfest LNG plant by two years.

Shelf Drilling awarded three-year contract with ONGC
23 Apr 20211 min read

Shelf Drilling awarded three-year contract with ONGC

The contract is for operations in the Mumbai High, offshore India.

Oil largely flat as good news in US and Europe balanced by pessimism in India
23 Apr 20212 min read

Oil largely flat as good news in US and Europe balanced by pessimism in India

Oil prices are largely unchanged today as positive developments in the US and Europe face off with increasing Covid-19 infections in India.

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