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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.

Weatherford appoints new CEO
11 Sept 20202 min read

Weatherford appoints new CEO

Effective 12 October 2020, Girish K. Saligram will be the company’s President and CEO.

Vietnam approves TGT Full Field Development Plan
11 Sept 20201 min read

Vietnam approves TGT Full Field Development Plan

The approval enables the commencement of the drilling of six firm development wells by Pharos Energy in 4Q21.

Oil prices head for consecutive weekly losses
11 Sept 20202 min read

Oil prices head for consecutive weekly losses

Oil prices remain largely flat but head for back-to-back weekly losses, for the first time since the height of Covid-19’s first wave.

Aker Solutions secures contract extension with ConocoPhillips in Norway
11 Sept 20201 min read

Aker Solutions secures contract extension with ConocoPhillips in Norway

The company will continue as ConocoPhillips' main supplier of maintenance and modifications work offshore Norway.

Optimise field development and reduce CAPEX with help from a new digital platform
10 Sept 20202 min read

Optimise field development and reduce CAPEX with help from a new digital platform

Tracerco, part of Johnson Matthey Plc, is expanding its reservoir surveillance capabilities by announcing the launch of its new digital offering.

Oxford Flow opens new manufacturing facility
10 Sept 20202 min read

Oxford Flow opens new manufacturing facility

The flow control equipment specialist has opened a new manufacturing facility in Oxford, UK.

Oil prices dip on US crude stocks build-up, maintaining bearish sentiment
10 Sept 20203 min read

Oil prices dip on US crude stocks build-up, maintaining bearish sentiment

Oil prices are losing ground again on indications that US crude oil inventories rose last week, maintaining the bearish price correction that September has introduced.

Husky Energy to review West White Rose offshore project
10 Sept 20202 min read

Husky Energy to review West White Rose offshore project

The review follows the suspension of major construction activities in March due to the COVID-19 pandemic and the company’s capital re-prioritisation following the global economic downturn.

Kosmos Energy sells exploration assets to Shell
10 Sept 20202 min read

Kosmos Energy sells exploration assets to Shell

Under the terms of the agreement, Shell will acquire Kosmos’ participating interest in blocks offshore São Tomé & Príncipe, Suriname, Namibia, and South Africa.

Hess makes discovery offshore Guyana
10 Sept 20202 min read

Hess makes discovery offshore Guyana

Redtail-1 encountered approximately 232 ft (70 m) of high quality oil bearing sandstone and was drilled in 6164 ft (1878 m) of water.

Waitsia Gas Project Stage 2 recommended for environmental approval
10 Sept 20202 min read

Waitsia Gas Project Stage 2 recommended for environmental approval

AWE Perth Pty Ltd, under the Mitsui E&P Australia brand, proposes to construct and operate a conventional gas facility about 16 km south-east of the Dongara-Port Denison town sites.

Noble Lloyd Noble to drill at Valemon from summer 2021
9 Sept 20202 min read

Noble Lloyd Noble to drill at Valemon from summer 2021

Noble Drilling Norway AS has been awarded a contract by Equinor for drilling three wells at the Valemon field.

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