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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.

US shut-ins to reach at least 2 million bpd in June, predicts Rystad Energy
14 May 20204 min read

US shut-ins to reach at least 2 million bpd in June, predicts Rystad Energy

A Rystad Energy analysis shows that gross US cuts could reach at least 2 million bpd in June, including liquids.

Queensland opens new gas acreage
14 May 20201 min read

Queensland opens new gas acreage

12 prospective parcels of land will be opened for tender across Queensland’s resource-rich Bowen and Surat basins between Blackwater and Goondiwindi.

Somalia launches first offshore licensing round
14 May 20201 min read

Somalia launches first offshore licensing round

The 2020 Somali licensing round – launched virtually due to Covid-19 – features up to 7 blocks up for bidding.

Equatorial Guinea awards contract for master plan to support offshore gas mega hub
14 May 20202 min read

Equatorial Guinea awards contract for master plan to support offshore gas mega hub

In collaboration with Marathon Oil Corp and EG LNG, the country's Ministry of Mines and Hydrocarbons has awarded a contract for the development of a gas master plan to British company Gas Strategies.

KBR to carry out feasibility study for high CO2 gas field development in South East Asia
13 May 20202 min read

KBR to carry out feasibility study for high CO2 gas field development in South East Asia

The study for JX Nippon Oil & Gas Exploration Corp. will assess options for carbon capture and sequestration (CCS), alongside blue hydrogen production relating to oil and gas fields in South East Asia.

Ecopetrol decreases 2020 CAPEX
13 May 20201 min read

Ecopetrol decreases 2020 CAPEX

Ecopetrol’s CAPEX for the year now sits in a range between US$2.5 billion and US$3 billion.

Oil prices fall in response to second Covid-19 wave fears
13 May 20203 min read

Oil prices fall in response to second Covid-19 wave fears

Oil prices fell this morning as traders curbed their enthusiasm about new cuts from the Middle East, due to an emerging possibility of increased lockdown periods fearing a possible second Covid-19 wave.

OTC Technology Review: Leistritz
Exclusive13 May 2020

OTC Technology Review: Leistritz

Sven Olson, Leistritz Advanced Technologies Corp., USA, describes the applications of twin-screw pumps in the upstream industry.

OTC Technology Review: Halliburton
Exclusive13 May 2020

OTC Technology Review: Halliburton

Nathan Wyatt and Avinash Dharne, Halliburton, USA, focus on a plug system designed specifically for deepwater projects.

OTC Technology Review: Gyrodata
Exclusive13 May 2020

OTC Technology Review: Gyrodata

Barry Smart, Gyrodata, UK, looks into the applications of a drop gyro surveying system in the oilfield.

OTC Technology Review: GustoMSC
Exclusive13 May 2020

OTC Technology Review: GustoMSC

Rutger Baan, GustoMSC, The Netherlands, examines a crane designed by the company that separates wireline operations from the drill floor.

OTC Technology Review: Gardner Denver
Exclusive13 May 2020

OTC Technology Review: Gardner Denver

Jeremy Holberg, Gardner Denver, USA, looks at a new frac pump designed for the wide variety of fleets currently operating in the frac market.

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