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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.

CNOOC Ltd brings on-stream Wenchang 16-2 Oilfield Development Project
8 Sept 20251 min read

CNOOC Ltd brings on-stream Wenchang 16-2 Oilfield Development Project

The project is located in the western Pearl River Mouth Basin, with an average water depth of approximately 150 m.

Expro sets offshore World Record
8 Sept 20252 min read

Expro sets offshore World Record

Expro sets offshore World Record with heaviest casing string deployment.

M&P signs heads of terms for Block 3/24 in Angola
8 Sept 20251 min read

M&P signs heads of terms for Block 3/24 in Angola

Maurel & Prom is pleased to announce the signing of Heads of Terms with Angola’s National Agency of Petroleum, Gas and Biofuels (ANPG) for the Risk Service Contract (RSC) covering offshore Block 3/24.

GHGSat satellites to monitor methane for ExxonMobil onshore
5 Sept 20253 min read

GHGSat satellites to monitor methane for ExxonMobil onshore

GHGSat satellites deployed to monitor methane at scale across ExxonMobil’s onshore operations.

Viridien and TGS announce Megabar Extension Phase I multi-client project Offshore Brazil
4 Sept 20252 min read

Viridien and TGS announce Megabar Extension Phase I multi-client project Offshore Brazil

The 5300 km3 multi-client 3D seismic survey will be acquired by TGS and imaged by Viridien and builds on Viridien’s existing Megabar survey coverage.

CRC Evans appoints Mauro Piasere as new Chief Executive Officer
3 Sept 20253 min read

CRC Evans appoints Mauro Piasere as new Chief Executive Officer

Edinburgh headquartered CRC Evans, the leading global welding and coating specialist across international energy and infrastructure projects, has announced the appointment of Mauro Piasere as its new Chief Executive Officer (CEO).

Subsea7 awarded contract offshore Türkiye
3 Sept 20251 min read

Subsea7 awarded contract offshore Türkiye

Subsea7 has announced the award of a major contract by Turkish Petroleum Offshore Technology Center (TP-OTC). The project was awarded for the development of phase 3 of the Sakarya field development in the Black Sea, offshore Türkiye.

Oil and gas output hits new record and profitability remains resilient – CNOOC Ltd announced its 2025 interim results
3 Sept 20255 min read

Oil and gas output hits new record and profitability remains resilient – CNOOC Ltd announced its 2025 interim results

CNOOC Ltd has announced its 2025 interim results.

Egypt secures new oil and gas exploration contracts worth $340 million
2 Sept 20252 min read

Egypt secures new oil and gas exploration contracts worth $340 million

Egypt has entered into four oil and gas exploration agreements with international companies valued at more than $340 million (E£16.52 billion), aiming to bolster domestic production in the face of growing energy demand.

TotalEnergies awarded two offshore exploration permits in Nigeria
2 Sept 20251 min read

TotalEnergies awarded two offshore exploration permits in Nigeria

The permits were awarded following the 2024 Exploration Round organised by the Nigerian Upstream Petroleum Regulatory Commission.

Offshore energy industry urged to prioritise safety in the era of AI
1 Sept 20254 min read

Offshore energy industry urged to prioritise safety in the era of AI

DNV research to reveal gap between AI and offshore safety at SPE Offshore Europe 2025.

Equinor and its partners have drilled a dry well in the 'Deimos' prospect.
1 Sept 20251 min read

Equinor and its partners have drilled a dry well in the 'Deimos' prospect.

Wildcat well 7117/4-1 was drilled in production licence 1238, 135 km west of the Snøhvit field and 260 km northwest of Hammerfest.

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