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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.

Stress Engineering Services, Inc. acquires Laserstream, LP
14 Jan 20202 min read

Stress Engineering Services, Inc. acquires Laserstream, LP

The acquisition will provide high-resolution pipe ID scanning hardware and imaging software.

Sparrows awarded five-year Tengiz inspection contract
14 Jan 20202 min read

Sparrows awarded five-year Tengiz inspection contract

Sparrows Group has secured a five-year contract with Tengizchevroil (TCO) to deliver specialist lifting inspection services for the Tengiz field in Kazakhstan.

BW Offshore extends lease for FPSO Polvo
14 Jan 20201 min read

BW Offshore extends lease for FPSO Polvo

The firm period agreed with PetroRio for the lease and operation of the FPSO Polvo has been extended to 3Q21 (from 3Q20), with options until 3Q22.

CNOOC expects 10 new projects to come onstream in 2020
14 Jan 20202 min read

CNOOC expects 10 new projects to come onstream in 2020

The company’s targeted net production for 2020 is 520 million to 530 million boe, of which, production from China and overseas accounts for approximately 64% and 36%, respectively.

Equinor given permission to use mobile drilling facility in Bauge field
14 Jan 20201 min read

Equinor given permission to use mobile drilling facility in Bauge field

The consent applies to the drilling and completion of two wells on the Bauge field in production licence 348.

SapuraOMV announces first gas production from Larak field
14 Jan 20202 min read

SapuraOMV announces first gas production from Larak field

The SK408 gas fields are part of discoveries made by SapuraOMV Upstream in a drilling campaign in 2014.

Shelf Drilling awarded jack-up deal by Chevron for Gulf of Thailand operations
14 Jan 20201 min read

Shelf Drilling awarded jack-up deal by Chevron for Gulf of Thailand operations

The contract is expected to commence in August 2020 and run through April 2022 with an option to extend.

ConocoPhillips makes oil and gas discovery in North Sea
14 Jan 20202 min read

ConocoPhillips makes oil and gas discovery in North Sea

The company was drilling northwest of the Balder field in the central part of the North Sea when it made the discovery of several oil and gas-bearing intervals.

Applied Petroleum Technology appoints CEO
13 Jan 20201 min read

Applied Petroleum Technology appoints CEO

Applied Petroleum Technology has appointed Helge Nyrønning as its CEO.

Rystad Energy states that global oil and gas discoveries reached a four-year high in 2019, boosted by ExxonMobil’s Guyana success
13 Jan 20203 min read

Rystad Energy states that global oil and gas discoveries reached a four-year high in 2019, boosted by ExxonMobil’s Guyana success

The world’s oil and gas explorers powered ahead and discovered 12.2 billion boe in 2019.

Speakers announced for Subsea Expo 2020
13 Jan 20203 min read

Speakers announced for Subsea Expo 2020

The three-day exhibition and conference, Subsea UK’s flagship annual event, with the theme of “New Perspectives” will focus on exploiting the Blue Economy, the energy transition and cross-sector collaboration to capitalise on emerging opportunities.

Lundin Petroleum announces increase in reserves
13 Jan 20204 min read

Lundin Petroleum announces increase in reserves

Lundin Petroleum’s 2P reserves as at 31 December 2019 are 693.3 million boe and reflect a positive revision of 52.1 million boe, excluding asset transactions.

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