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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.

Siemens to supply equipment for large-scale gas field development offshore Malaysia
3 Jun 20202 min read

Siemens to supply equipment for large-scale gas field development offshore Malaysia

Siemens Gas and Power is to supply three SGT-300 industrial gas turbine generators (GTG), three mechanical-drive SGT-300 gas turbines and three DATUM centrifugal compressors.

Oil rises in response to OPEC+ meeting rumours
Update3 Jun 2020

Oil rises in response to OPEC+ meeting rumours

Oil prices got a boost this morning on rumours that the coming OPEC+ meeting may keep high-level production cuts after June.

Oxford Flow secures new investment to accelerate oil and gas product deployment
3 Jun 20202 min read

Oxford Flow secures new investment to accelerate oil and gas product deployment

The funding has been secured from eight parties, including Oxford Sciences Innovation (OSI), Parkwalk, Oxford Investment Consultants, the University of Oxford and GF Piping Systems.

Rystad Energy: reserves of global oil and gas assets for sale above 12.5 billion boe
3 Jun 20204 min read

Rystad Energy: reserves of global oil and gas assets for sale above 12.5 billion boe

Oil and gas companies currently have assets for sale with recoverable reserves of more than 5 billion bbl of liquids and 7.5 billion boe of natural gas, Rystad Energy estimates.

WFS Technologies and Subsea Energy Solutions partner on offshore protection technology
3 Jun 20203 min read

WFS Technologies and Subsea Energy Solutions partner on offshore protection technology

The collaboration will see WFS utilise its smart wireless Seatooth® technologies with SES’s offshore cable and subsea umbilical, riser and flowline protection systems.

Independent Oil and Gas awards Proserv subsea controls contract
3 Jun 20202 min read

Independent Oil and Gas awards Proserv subsea controls contract

Proserv has been commissioned by Independent Oil and Gas (IOG) to provide a complete subsea controls system for IOG’s Core project phase 1 development.

Simmons Edeco completes Mexico drilling campaign for Newpek
3 Jun 20202 min read

Simmons Edeco completes Mexico drilling campaign for Newpek

Simmons Edeco supplied drilling and completion services for Newpek on a recently acquired concession in the Trevino oilfield, in the Burgos Basin in the state of Tamaulipas in northeastern Mexico.

Rystad Energy: Oil rises on supply cuts extension potential
2 Jun 20202 min read

Rystad Energy: Oil rises on supply cuts extension potential

Oil prices rose this morning on anticipation for the coming OPEC+ meeting, which is rumoured to discuss maintaining high-level production cuts after June, Rystad Energy reports.

Tying back to the future - part two
2 Jun 20203 min read

Tying back to the future - part two

In the second part of this two-part article, Svein Strømberg, Baker Hughes, considers the role of new digital technologies in the development of tie-back technology.

Kjetil Ramstad is appointed as new CFO in Solstad Offshore ASA
2 Jun 20201 min read

Kjetil Ramstad is appointed as new CFO in Solstad Offshore ASA

Mr. Kjetil Ramstad will take up the CFO position as of 2 June 2020.

The African Energy Chamber welcomes the appointment of Taelo Mojapelo as new CEO of BP Southern Africa
2 Jun 20201 min read

The African Energy Chamber welcomes the appointment of Taelo Mojapelo as new CEO of BP Southern Africa

Mojapelo succeeds Priscillah Mabelane who was notably the first woman in South Africa’s oil history to head up a multinational company.

ModuResources Group acquire Murchison Drilling Schools Inc.
2 Jun 20202 min read

ModuResources Group acquire Murchison Drilling Schools Inc.

Following the acquisition, Murchison Drilling Schools Inc will combine forces with Well Academy and together be a strong global player in the delivery of training solutions across the well life cycle.

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