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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.

Zenith Energy declares participation in Nigeria's marginal field bid round
16 Jun 20202 min read

Zenith Energy declares participation in Nigeria's marginal field bid round

The company has said that is expecting the potential award of a marginal field to happen within 6 months of submitting a bid.

Carbon intensity study rates West Newton project AA
16 Jun 20203 min read

Carbon intensity study rates West Newton project AA

The West Newton project in East Yorkshire, UK, has been given an AA rating for carbon intensity for its potential upstream crude oil production.

SOFEC completes turret mooring system installation for CNOOC
16 Jun 20202 min read

SOFEC completes turret mooring system installation for CNOOC

The disconnectable turret was integrated into an FSO in Shenzhen, China, and was successfully connected to the existing Lufeng 13-2 Field Moorings in the South China Sea.

Motive Offshore and Orca Offshore Azerbaijan sign MoU
16 Jun 20201 min read

Motive Offshore and Orca Offshore Azerbaijan sign MoU

The two-year agreement will be focussed in Azerbaijan, and is an exclusive agreement between the two companies.

West Erregulla JV secures drilling rig
15 Jun 20201 min read

West Erregulla JV secures drilling rig

Strike Energy and Warrego Energy, the operators of the West Erregulla gas field in Western Australia, have entered a long-term contract with Ensign Energy Services for the provision of drilling services with the Ensign 970 drilling rig.

Gazprom spuds first producing well at Kharasaveyskoye field
15 Jun 20202 min read

Gazprom spuds first producing well at Kharasaveyskoye field

The Kharasaveyskoye field, in the Yamal peninsula, has estimated gas reserves of approximately 2 trillion m3.

Neodrill and Baker Hughes perform world's first cut and recover operation
15 Jun 20202 min read

Neodrill and Baker Hughes perform world's first cut and recover operation

The cut and recover operation was carried out for Wintershall Dea Norge.

Oil falls on fears of second wave of Covid-19
Update15 Jun 2020

Oil falls on fears of second wave of Covid-19

Oil prices fell this morning, as traders priced in fears of a second round of Covid-19-related demand decline.

Var Energi extending life of Balder area in North Sea
15 Jun 20201 min read

Var Energi extending life of Balder area in North Sea

The Balder Future project is aiming to extend the life of the area to 2045.

Saudi Aramco suspends operations for Shelf jack-up rig
15 Jun 20201 min read

Saudi Aramco suspends operations for Shelf jack-up rig

The suspension will last for up to 12 months.

BP predicts impairments of up to US$17.5 billion in 2Q20
15 Jun 20202 min read

BP predicts impairments of up to US$17.5 billion in 2Q20

The prediction comes as a result of the company's expectation of weak demand for energy for a prolonged period and a faster transition away from fossil fuels due to the ongoing Covid-19 pandemic.

31 wells sabotaged at oilfield in northeast Colombia
15 Jun 20201 min read

31 wells sabotaged at oilfield in northeast Colombia

The acts of sabotage took place at Ecopetrol’s La Cira-Infantas oilfield, near the city of Barrancabermeja, which produces around 35 000 bpd.

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