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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.

Axxis Geo Solutions completes OBN survey in Middle East
4 May 20201 min read

Axxis Geo Solutions completes OBN survey in Middle East

The project's crew is now demobilising to the North Sea for work in late 2Q20.

Awilco Drilling and Petrofac delay North Sea P&A programmes
4 May 20201 min read

Awilco Drilling and Petrofac delay North Sea P&A programmes

The plug and abandonment programme on the Rubie and Renee fields in the North Sea has been delayed until 25 May 2020.

Harnessing machine learning - part one
4 May 20204 min read

Harnessing machine learning - part one

Machine learning is a powerful tool, but it requires extensive domain expertise for successful deployment, as Lisa J. Graham, Seeq Corp., explains in the first part of a two-part article.

Oil prices fall
4 May 20202 min read

Oil prices fall

Oil prices fell on Monday, despite the OPEC+ cuts.

Two deepwater oil discoveries made offshore Mexico
4 May 20201 min read

Two deepwater oil discoveries made offshore Mexico

A joint venture, including PTTEP, Petronas, Repsol and Wintershall Dea, made the discoveries in the Salina Basin.

IOG receives UK OGA approval for field development plan
4 May 20201 min read

IOG receives UK OGA approval for field development plan

IOG has received the approval for its Core gas project in the North Sea.

Sparrows achieves UKAS accreditation for global inspection services
4 May 20202 min read

Sparrows achieves UKAS accreditation for global inspection services

The accreditation will support Sparrows in its efforts to further diversify into new markets, including the defence and nuclear markets, while creating new opportunities for existing operations in oil and gas, renewables and industrial sectors.

ABB develops augmented reality technology to improve field procedures
4 May 20202 min read

ABB develops augmented reality technology to improve field procedures

Developed specifically to meet the needs of field operators, ABB's Ability™ Augmented Field Procedures is designed to improve interaction between field and control room operations.

Union Jack Oil provides update on West Newton programme
4 May 20201 min read

Union Jack Oil provides update on West Newton programme

The company has said that site construction works will commence on the West Newton B drilling site in due course.

Simmons Edeco completes Mexico onshore drilling campaign
1 May 20202 min read

Simmons Edeco completes Mexico onshore drilling campaign

The company has completed completed a second series of development drilling of wells at the Panuco field for a major oilfield services company.

Rystad Energy: global oil glut set to halve in May and shrink to just 6 million bpd in June
1 May 20204 min read

Rystad Energy: global oil glut set to halve in May and shrink to just 6 million bpd in June

Rystad has warned however that stock build will still overwhelm remaining global storage, which will fill in weeks.

Azerbaijan outlines plans for upholding OPEC+ agreement
1 May 20203 min read

Azerbaijan outlines plans for upholding OPEC+ agreement

Following OPEC+'s agreement to cut oil production by 9.7 million bpd from 1 May 2020, Azerbaijan has announced the commitments it will take as a member.

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