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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.

Norwell EDGE launches virtual wellsite training to put oil and gas skills to the test
1 Jun 20203 min read

Norwell EDGE launches virtual wellsite training to put oil and gas skills to the test

A new immersive scenario game that puts oil and gas worker’s skills to the test has been launched by specialist energy e-learning company Norwell EDGE.

Lebanon offshore licensing round postponed again
1 Jun 20202 min read

Lebanon offshore licensing round postponed again

The Lebanese Petroleum Administration said the decision was made as a result of the Covid-19 pandemic and the fall in oil prices.

ONGC moves drilling rigs before monsoon arrives
1 Jun 20201 min read

ONGC moves drilling rigs before monsoon arrives

33 rigs were placed at their respective monsoon locations before the onset of the seasonal adverse weather conditions.

DTEK Oil&Gas creates virtual server for 3D modelling process
1 Jun 20202 min read

DTEK Oil&Gas creates virtual server for 3D modelling process

The virtual server was created for geology and field development specialists, who create 3D models of gas condensate fields in Petrel software package and work with over hundred gigabytes of data.

Turkey could begin Mediterranean oil exploration in 3 – 4 months
1 Jun 20201 min read

Turkey could begin Mediterranean oil exploration in 3 – 4 months

Turkey may begin oil exploration in the eastern Mediterranean within three or four months under a deal it signed with Libya.

Independent Oil and Gas awards Petrofac well management contract
1 Jun 20202 min read

Independent Oil and Gas awards Petrofac well management contract

The contract is for the development and management of five wells in the Southwark, Blythe and Elgood gas fields in the UK Southern North Sea.

Aker BP contracts remotely operated controls system
29 May 20203 min read

Aker BP contracts remotely operated controls system

Optime Subsea's ROCS technology reduces completion time and cost by removing umbilical controlled tubing hanger operations.

Total needs to cover US$12 billion shortfall
29 May 20201 min read

Total needs to cover US$12 billion shortfall

Total now faces a revenue shortfall of at least US$12 billion (£9.76 billion) due to the crash in oil prices.

Rystad Energy: Canada's upstream industry has highest CO2 emission intensity, Norway lowest
29 May 20203 min read

Rystad Energy: Canada's upstream industry has highest CO2 emission intensity, Norway lowest

Norway's CO2 intensity per produced boe in 2018 was approximately 7 kg compared to Canada's 39 kg/boe, according to a report by Rystad Energy.

Oil falls on stocks uncertainty, geopolitical and health concerns
29 May 20203 min read

Oil falls on stocks uncertainty, geopolitical and health concerns

Oil prices fell this morning as traders priced in concerns over the future of crude stocks, geopolitical tensions and fears over how Covid-19 will progress.

Halliburton launches real time drill string position measurement system
29 May 20201 min read

Halliburton launches real time drill string position measurement system

The technology aims to reduce uncertainty and saves rig time by enabling operators to accurately position packers, perforating guns and the bottomhole assembly without running wireline or moving the work string.

Neptune Energy given permission for use of Deepsea Yantai drilling facility at Gjøa field
29 May 20201 min read

Neptune Energy given permission for use of Deepsea Yantai drilling facility at Gjøa field

Norway's Petroleum Safety Authority has given Neptune Energy consent to use the facility for production drilling for a period of 240 days.

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