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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.

Wood aiming for 40% reduction in carbon emissions by 2030
5 Jun 20202 min read

Wood aiming for 40% reduction in carbon emissions by 2030

Wood will focus on reducing carbon intensity from its sites, equipment and vehicle use, the increased utilisation of renewable energy sources and more sustainable procurement policies.

Sercel-GRC appoints China sales and support manager
4 Jun 20201 min read

Sercel-GRC appoints China sales and support manager

Sercel-GRC, which designs, manufactures and markets downhole data acquisition instruments and surface equipment, has named Song Hu as a new sales and support manager.

Axxis Geo Solutions signs contract extension with Equinor
4 Jun 20201 min read

Axxis Geo Solutions signs contract extension with Equinor

The additional work will commence directly after the conclusion of a previously announced contract, and will last approximately two weeks.

Weatherford introduces wellhead system
4 Jun 20201 min read

Weatherford introduces wellhead system

The Velox™ wellhead system is designed for operators needing to lock in pressure integrity while enhancing safety and improving efficiency.

Survey indicates decline in 2021 oil and gas investment from Norwegian firms
4 Jun 20202 min read

Survey indicates decline in 2021 oil and gas investment from Norwegian firms

The biggest drop will come in the exploration for new reserves and in spending on development plans, while ongoing oilfield construction work continues largely as expected, data from Norway's national statistics agency showed.

Oil falls as chance of OPEC+ agreement wanes
Update4 Jun 2020

Oil falls as chance of OPEC+ agreement wanes

Oil prices fall as enthusiasm for a possible OPEC+ agreement to continue June’s production cuts for more months subsides.

Empyrean given further 12 months for exploration drilling offshore China
4 Jun 20201 min read

Empyrean given further 12 months for exploration drilling offshore China

The first phase of the exploration period at block 29/11 has been extended to 12 June 2022.

Cluff Natural Resources and Shell committed to drilling North Sea prospects
4 Jun 20202 min read

Cluff Natural Resources and Shell committed to drilling North Sea prospects

Exploration drilling is anticipated to commence at the Pensacola gas prospect in 2H21 and in 2022 at the Selene gas prospect.

Gazprom and RusGazDobycha reach FID on Semakovskoye gas field
4 Jun 20202 min read

Gazprom and RusGazDobycha reach FID on Semakovskoye gas field

The Semakovskoye field in the Yamal-Nenets Autonomous Area has recoverable gas reserves in excess of 320 billion m3.

KrisEnergy suspends production at Wassana oilfield
4 Jun 20201 min read

KrisEnergy suspends production at Wassana oilfield

KrisEnergy has attributed the suspension to the economic uncertainty generated by the Covid-19 pandemic and the current state of oil prices.

Covid-19 lessons for oil and gas manufacturers and suppliers
3 Jun 20206 min read

Covid-19 lessons for oil and gas manufacturers and suppliers

Dan Munro, PJ Valves, considers the lessons the oil and gas industry can draw from the Covid-19 pandemic and how they can be applied to ensure more resilient working practices.

United Oil & Gas PLC El Salmiya-5 Well Results
3 Jun 20203 min read

United Oil & Gas PLC El Salmiya-5 Well Results

El Salmiyah-5 was spudded on 3 February 2020, and reached total depth of 4400 m MD on 17 April 2020.

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