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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.

Weir Oil & Gas launches latch back pressure valve system
2 Dec 20202 min read

Weir Oil & Gas launches latch back pressure valve system

The LBPV Drill-Thru System provides greater efficiencies and a safer operating environment for drill-thru operations while the operator is drilling for 4½” or 5½” liner string.

OGUK Economic Report: UK can build a homegrown transition towards clean energy
2 Dec 20203 min read

OGUK Economic Report: UK can build a homegrown transition towards clean energy

The report found that 85% of OGUK members throughout the supply chain expect to increase their diversification into non-oil and gas activities during the next 12-24 months.

Oil calms before the storm
2 Dec 20203 min read

Oil calms before the storm

Oil prices are largely stable on Wednesday as the market avoids leaning heavily on positive vaccine news, waiting for the next day’s crucial OPEC+ meeting instead.

Petrofac and Intoware partner on workflow automation software
2 Dec 20202 min read

Petrofac and Intoware partner on workflow automation software

The two companies will develop and deploy workflow automation software that is specifically tailored to the requirements of the oil and gas industry.

Wellpro Group makes entry into Saudi Arabia
1 Dec 20202 min read

Wellpro Group makes entry into Saudi Arabia

The thru tubing, inflatable packer and well intervention service portfolio provider has signed a long-term agreement with Saudi Arabian energy services company i-Energy.

Oil largely unchanged as traders brace for OPEC+ negotiations
1 Dec 20203 min read

Oil largely unchanged as traders brace for OPEC+ negotiations

Oil prices moved only marginally on Tuesday as the market waits for a clear message from ongoing OPEC+ negotiations, after a turbulent meeting the previous day.

ExxonMobil to write off up to US$20 billion in 4Q20
1 Dec 20202 min read

ExxonMobil to write off up to US$20 billion in 4Q20

ExxonMobil has said it will write down the value of natural gas properties by US$17 billion to US$20 billion.

EM&I wins orders in West Africa for remote inspection technology
1 Dec 20202 min read

EM&I wins orders in West Africa for remote inspection technology

The company will use its NoMan technology for remote inspection of pressure vessels during operational turn arounds on two FPSOs.

Separo clinches water treatment contract with Neptune Energy
1 Dec 20202 min read

Separo clinches water treatment contract with Neptune Energy

Separo will continue to provide water treatment services at the Cygnus Alpha gas production platform.

PGS resuming Campos Basin seismic survey in December
30 Nov 20201 min read

PGS resuming Campos Basin seismic survey in December

The survey will provide the first 3D seismic data over blocks offered in Brazil's 17th Bidding Round, now scheduled for October 2021.

Rystad Energy: if OPEC+ increases output in January, 200 million bbl glut will build through May
30 Nov 20204 min read

Rystad Energy: if OPEC+ increases output in January, 200 million bbl glut will build through May

If output increases as planned from January, the world will have to face a new 200 million bbl surplus through May, Rystad Energy calculates.

Fibre optic innovation revolutionising oil and gas
30 Nov 20205 min read

Fibre optic innovation revolutionising oil and gas

Glynn Williams, Silixa, explains how today’s fibre optic systems can unlock several new basin-specific solutions.

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