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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.

CAN-ductor technology lowers environmental impact of Kathryn well
25 May 20203 min read

CAN-ductor technology lowers environmental impact of Kathryn well

The rig time was reduced from seven days on a conventionally drilled well to four days using Neodrill's CAN technology.

Wintershall's Brage oilfield enhanced with operational digitalisation expansion
25 May 20203 min read

Wintershall's Brage oilfield enhanced with operational digitalisation expansion

Eigen and Wintershall Dea have extended their partnership to deploy the principal integration, visualisation and management platform for production engineers at the oil and gas company’s Brage oilfield.

Petronas reports decrease in profit
22 May 20204 min read

Petronas reports decrease in profit

Profit after tax (PAT) for 1Q20 stood at RM4.5 billion (US$1.03 billion), 68% lower than the RM14.2 billion posted in 1Q19.

PGS releases new seismic data from offshore Ivory Coast
22 May 20201 min read

PGS releases new seismic data from offshore Ivory Coast

The 900 km2 survey provides increased resolution and sharper imaging of prolific Upper Cretaceous plays in Ivory Coast block CI-706.

Coro Energy completes acquisition of interest in Duyung PSC
22 May 20201 min read

Coro Energy completes acquisition of interest in Duyung PSC

The license holders of the Duyung PSC are now Conrad Petroleum (76.5% operated interest), Coro (15% non-operated interest) and Empyrean Energy (8.5% non-operated interest).

Shell starts drilling Saturn block offshore Brazil
22 May 20201 min read

Shell starts drilling Saturn block offshore Brazil

Shell is the operator of the block with a 45% stake, along with Chevron, also at 45%, and Ecopetrol, with 10%.

Market correction sees oil prices fall
Update22 May 2020

Market correction sees oil prices fall

Oil prices fell today as traders corrected the high levels that consecutive boosts created in previous days.

Qatar Petroleum cuts spending by 30%
22 May 20202 min read

Qatar Petroleum cuts spending by 30%

Saad al-Kaabi, the company's Chief Executive, said he expected oil demand to recover to pre-crisis levels only within a year or two.

Petrobras reaches production milestone at Parque das Baleias
22 May 20201 min read

Petrobras reaches production milestone at Parque das Baleias

The Parque das Baleias Area offshore Brazil has reached the mark of 1 billion bbl of oil produced.

CNOOC begins production at Bohai oilfields
22 May 20201 min read

CNOOC begins production at Bohai oilfields

The Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project is expected to reach its peak production of approximately 15 681 bpd in 2022.

Archer awarded multi-well P&A contract by TAQA
22 May 20201 min read

Archer awarded multi-well P&A contract by TAQA

The Archer Topaz modular rig has been contracted by TAQA to perform a 21-well plug and abandonment campaign for their Northern North Sea Cormorant Alpha platform.

Hurricane Energy shuts in well in Lancaster field
22 May 20202 min read

Hurricane Energy shuts in well in Lancaster field

The company has shut in the 205/21a-7Z well as it was unable to achieve its target rate sustainably from the two Lancaster Early Production System wells.

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