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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.

Emerson introduces new AI-powered environment to enhance upstream lifecycle decision-making
19 Sept 20252 min read

Emerson introduces new AI-powered environment to enhance upstream lifecycle decision-making

Emerson, an industrial technology leader delivering advanced automation solutions, has announced AspenTech Subsurface Intelligence™ (ASI), an open, cloud-native agentic environment that incorporates AI to transform the user experience and accelerate subsurface-related decision-making while leveraging existing investments in legacy applications.

TotalEnergies is awarded four offshore exploration permits
19 Sept 20251 min read

TotalEnergies is awarded four offshore exploration permits

TotalEnergies has signed four Production Sharing Contracts (PSC) for the LB-6, LB-11, LB-17 and LB-29 Exploration blocks offshore Liberia, which were awarded following the 2024 Direct Negotiation Licensing Round organized by the Liberia Petroleum Regulatory Agency.

Viridien and TGS complete acquisition of Laconia Phase III ultra-long offset OBN survey in the Gulf of Mexico
19 Sept 20252 min read

Viridien and TGS complete acquisition of Laconia Phase III ultra-long offset OBN survey in the Gulf of Mexico

This latest phase spans 151 OCS blocks and expands ultra-long offset low-frequency OBN coverage of the Paleogene trend to provide improved seismic data and subsurface imaging over this geologically complex area.

18 Sept 20252 min read

IMI delivers ‘largest production choke valves ever’ for North Sea

IMI delivers ‘largest production’ choke valves to landmark North Sea unmanned production platform.

Every last drop: AI-powered analysis reveals oil industry's trillion-barrel opportunity in existing fields
18 Sept 20254 min read

Every last drop: AI-powered analysis reveals oil industry's trillion-barrel opportunity in existing fields

Wood Mackenzie’s analysis using new AI-powered tools shows existing fields could yield 470 billion to over 1000 billion additional bbls through proven recovery methods.

3t achieves TGA accreditation for maritime training in Saudi Arabia, strengthening regional workforce development
17 Sept 20252 min read

3t achieves TGA accreditation for maritime training in Saudi Arabia, strengthening regional workforce development

3t, a global leading provider of safety critical training and blended learning solutions for high-hazard industries, has achieved official accreditation by the Transport General Authority (TGA) for its maritime training programmes to be delivered at its Dammam training centre.

EnerMech experts help shape new API Bolted Flange Joint safety certification
17 Sept 20252 min read

EnerMech experts help shape new API Bolted Flange Joint safety certification

EnerMech has made a major contribution to a new certification by the American Petroleum Institute (API) for Bolted Flange Joints (BFJ), designed to improve integrity, safety, and reliability across the oil and gas sector.

Aquaterra Energy wins subsea analysis contracts in Indonesia
16 Sept 20252 min read

Aquaterra Energy wins subsea analysis contracts in Indonesia

Aquaterra Energy awarded early-stage subsea analysis contracts with INPEX in Indonesia.

Intermoor and Jumbo Offshore forge strategic alliance to advance offshore energy projects
16 Sept 20252 min read

Intermoor and Jumbo Offshore forge strategic alliance to advance offshore energy projects

By uniting complementary strengths, the alliance offers a streamlined, end-to-end solution across the offshore moorings lifecycle – enhancing efficiency, reducing risk and improving schedule certainty for complex offshore campaigns.

Vallourec secures OCTG supply contract from Petrobras
15 Sept 20252 min read

Vallourec secures OCTG supply contract from Petrobras

The deal encompasses a comprehensive range of OCTG supplies including pipes and VAM premium connections.

Energean wins US$4 billion in Israeli gas contracts in H1 2025
15 Sept 20252 min read

Energean wins US$4 billion in Israeli gas contracts in H1 2025

The move has bolstered the company’s contract pipeline to $20bn (£14.77bn) over the next 20 years.

IEA forecasts rapid rise in global oil supply
15 Sept 20252 min read

IEA forecasts rapid rise in global oil supply

The OPEC+ group, comprising eight countries, has agreed to augment its production.

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