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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.

Future Oil & Gas confirms Advisory Board and 2020 agenda
12 Feb 20204 min read

Future Oil & Gas confirms Advisory Board and 2020 agenda

The organisers of Future Oil & Gas have announced the 2020 Advisory Board and agenda for the 4th annual high-level conference and exhibition taking place at P&J Live in Aberdeen, UK, on 9-10 June 2020.

Aker BP increases interest in Skarv area
12 Feb 20201 min read

Aker BP increases interest in Skarv area

Aker BP will hold a 35% interest in licence 838, which contains the Shrek discovery, and a 88.0825% interest in licence 127C, which contains the Alve Nord discovery and the Alve NE prospect.

Oceaneering awarded well intervention contract by BP
12 Feb 20202 min read

Oceaneering awarded well intervention contract by BP

Oceaneering is to provide comprehensive riserless light well intervention services offshore Angola in Blocks 18 and 31.

TGS announces 4Q19 results
12 Feb 20201 min read

TGS announces 4Q19 results

TGS has reported net segment revenues of US$232 million for 4Q19, a growth of 23% compared to US$188 million in 4Q18.

Petrofac and MODS agree North Sea digital technology partnership
11 Feb 20201 min read

Petrofac and MODS agree North Sea digital technology partnership

Petrofac has signed an exclusive partnership agreement with MODS, a digitalisation and dimensional control service company, to deploy its flagship product ‘Virtual Manager Enterprise’ (VME) at scale in the North Sea.

Rystad Energy revises global oil demand growth outlook due to Coronavirus
11 Feb 20204 min read

Rystad Energy revises global oil demand growth outlook due to Coronavirus

Rystad Energy is heavily revising its annual global oil demand growth forecast down by 25% to 820 000 bpd in 2020.

Aquaterra Energy to design offshore platform for Chevron
11 Feb 20202 min read

Aquaterra Energy to design offshore platform for Chevron

The company is to design and support installation of a Sea Swift offshore platform off the coast of Angola.

Airborne Oil & Gas secures TCP flowline contract in Africa
11 Feb 20202 min read

Airborne Oil & Gas secures TCP flowline contract in Africa

The company is to deliver a 10 km length of thermoplastic composite pipe (TCP) to a supermajor in West Africa.

Empyrean confident of upgrade to Mako field resource size
11 Feb 20203 min read

Empyrean confident of upgrade to Mako field resource size

Gaffney Cline and Associates has been commissioned by the operator on behalf of the Duyung PSC partners to update its view of the Mako field.

Subsea Expo has international flavour with VIPs from Africa and Azerbaijan
11 Feb 20203 min read

Subsea Expo has international flavour with VIPs from Africa and Azerbaijan

Mozambique’s oil and gas regulator, the National Petroleum Institute, and senior representatives from SOCAR, the State Oil Company of the Azerbaijan Republic, will be actively promoting business opportunities for UK subsea companies at Subsea Expo.

NOV reports 4Q19 and FY19 results
11 Feb 20204 min read

NOV reports 4Q19 and FY19 results

The company has reported 4Q19 revenues of US$2.28 billion, an increase of 7% compared to 3Q19 and a decrease of 5% compared to 4Q18.

Gas module to accelerate production from Fram field
11 Feb 20202 min read

Gas module to accelerate production from Fram field

A new gas module that was recently put onstream on the Troll C platform will accelerate and boost production from Fram by substantial profitable volumes.

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