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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.

Expro marks major milestone in international expansion with first fully remote five-plug cementing operation in Saudi Arabia
12 Aug 20253 min read

Expro marks major milestone in international expansion with first fully remote five-plug cementing operation in Saudi Arabia

The successful multi-stage job has demonstrated time savings, hands-free operation, and global applicability.

Valmet signs broad Brazil valve deal with Petrobras
11 Aug 20252 min read

Valmet signs broad Brazil valve deal with Petrobras

Valmet signs a strategic agreement to deliver valve services to Petrobras in Brazil.

AIQ and SLB to advance development and deployment of Agentic AI Solution across ADNOC’s subsurface operations
11 Aug 20252 min read

AIQ and SLB to advance development and deployment of Agentic AI Solution across ADNOC’s subsurface operations

The AI solution combines large language model (LLM) technology with cutting-edge agentic AI, which is trained for specific workflows across ADNOC’s upstream value chain.

Sinopec achieves a new breakthrough in China’s Sichuan Basin
11 Aug 20251 min read

Sinopec achieves a new breakthrough in China’s Sichuan Basin

This marks the birth of the first shale oil field in the Sichuan Basin, as well as the first oil field in Chongqing.

CNOOC Ltd announces Yellowtail Project commences production
11 Aug 20251 min read

CNOOC Ltd announces Yellowtail Project commences production

The Yellowtail Project is located in the Stabroek Block offshore Guyana, with water depth of 1600 - 2000 m.

Johan Castberg field officially opened
11 Aug 20252 min read

Johan Castberg field officially opened

Johan Castberg is Norway's northernmost oil field. The field will produce for at least 30 years.

ExxonMobil Guyana begins production at fourth offshore Guyana project
11 Aug 20252 min read

ExxonMobil Guyana begins production at fourth offshore Guyana project

Yellowtail’s ONE GUYANA floating production storage and offloading (FPSO) vessel joins the Destiny, Unity, and Prosperity FPSOs, bringing total installed capacity in Guyana to above 900 000 bpd of oil.

SAMSUNG E&A secures FEED contract for eco-friendly LNG Project in Indonesia, strengthening its LNG and CCS ambitions
8 Aug 20252 min read

SAMSUNG E&A secures FEED contract for eco-friendly LNG Project in Indonesia, strengthening its LNG and CCS ambitions

SAMSUNG E&A has announced that it received Letter of Award (LOA) for the Front-End Engineering Design (FEED) contract for the ‘Indonesia INPEX Abadi Onshore LNG Project’ from INPEX Masela Ltd, a subsidiary of Japan’s largest energy company INPEX.

Well-Safe Solutions secures multi-year contract with EnQuest
7 Aug 20253 min read

Well-Safe Solutions secures multi-year contract with EnQuest

The firm scope, expected to generate revenue in excess of US$45 million, will be executed using the Well-Safe Defender and consists of a minimum of 100 days of activity in 2026 and a minimum of 130 days in 2027.

bp announces largest discovery in 25 years
7 Aug 20252 min read

bp announces largest discovery in 25 years

bp announces an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil.

TotalEnergies divests its interest in two Vaca Muerta blocks
6 Aug 20252 min read

TotalEnergies divests its interest in two Vaca Muerta blocks

Argentina: TotalEnergies divests its interest in two Vaca Muerta unconventional blocks.

TECNIMONT (MAIRE) attends the official signing ceremony of Tengiz gas separation complex in Kazakhstan
6 Aug 20252 min read

TECNIMONT (MAIRE) attends the official signing ceremony of Tengiz gas separation complex in Kazakhstan

The Tengiz Gas Separation Complex (GSC) project’s scope of work includes engineering, procurement, construction and commissioning works. TECNIMONT will be mainly responsible for the Engineering, Procurement and Commissioning.

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