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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.

TGS completes reprocessing of new 2D survey in Russian Sea of Okhotsk
21 Apr 20201 min read

TGS completes reprocessing of new 2D survey in Russian Sea of Okhotsk

First data from the 21 631 km2 regional 2D seismic survey offshore Sakhalin Island has been sent out to pre-funding customers and is now available to all industry customers.

TechnipFMC awarded EPCI contract for Woodside's Lambert Deep and Greater Western Flank fields
21 Apr 20201 min read

TechnipFMC awarded EPCI contract for Woodside's Lambert Deep and Greater Western Flank fields

TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea production system, flexible flowlines and umbilicals for connection to the Angel platform.

Halliburton releases 1Q20 financial results
20 Apr 20203 min read

Halliburton releases 1Q20 financial results

The company has announced a net loss of US$1 billion, or US$1.16 per diluted share, for 1Q20.

Yinson completes refinancing deal for FPSO John Agyekum Kufour
20 Apr 20201 min read

Yinson completes refinancing deal for FPSO John Agyekum Kufour

The FPSO is currently operating in the OCTP Block, offshore Ghana, and is chartered to Eni.

Petrobras begins binding phase for Papa-terra field sale
20 Apr 20201 min read

Petrobras begins binding phase for Papa-terra field sale

The Papa-terra field in the Campos Basin is operated by Petrobras, with Chevron holding the other interest.

Rystad Energy predicts 2.7% y/y decline in US shale output
20 Apr 20202 min read

Rystad Energy predicts 2.7% y/y decline in US shale output

As shut-ins, reductions in spending and activities weigh in, 4Q20, which was projected to see a y/y oil production increase of 650 000 bpd, is now instead forecast to see a reduction of 1.5 million bpd.

Zenith Energy makes onshore acquisition in Tunisia
20 Apr 20202 min read

Zenith Energy makes onshore acquisition in Tunisia

The company has acquired a working interest in the North Kairouan permit and the Sidi El Kilani concession, which contains the Sidi El Kilani oilfield.

Canada offers financial relief for oil and gas sector
20 Apr 20201 min read

Canada offers financial relief for oil and gas sector

Canada will invest CAN$2.5 billion (US$1.8 billion) in measures to help the oil and gas industry during the coronavirus outbreak.

Beach Energy cancels Otway Basin rig contract
20 Apr 20202 min read

Beach Energy cancels Otway Basin rig contract

Beach Energy and Diamond Offshore are engaging in discussions with regard to the future operations of the Ocean Onyx rig and the Victorian Otway Basin offshore drilling campaign, with a view to agreeing a new contract in due course.

PGS seismic survey focuses on East Shetland
20 Apr 20201 min read

PGS seismic survey focuses on East Shetland

The project will cover both frontier and mature areas where new broadband seismic is needed to enable the interpretation of the internal reflectors of the main Brent Group reservoir level.

Maersk Drilling receives notice of contract termination from Shell and Aker BP
20 Apr 20201 min read

Maersk Drilling receives notice of contract termination from Shell and Aker BP

BG International, a subsidiary of Shell, and Aker BP have terminated contracts for the Maersk Developer and the Maersk Reacher respectively.

Norwegian Petroleum Directorate grants 10-year extension for Troll B facility
20 Apr 20202 min read

Norwegian Petroleum Directorate grants 10-year extension for Troll B facility

Nine seismic surveys have been carried out on the Troll field by Equinor and other licensees, with the most recent one completed last summer.

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