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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.

Wood Mackenzie comments on ExxonMobil's sale of Gippsland Basin upstream assets
19 Sept 20191 min read

Wood Mackenzie comments on ExxonMobil's sale of Gippsland Basin upstream assets

Wood Mackenzie research director, Angus Rodger, said that he expects strong interest in the assets from Australian companies.

MInteg secures North Sea asset inspection contract
19 Sept 20192 min read

MInteg secures North Sea asset inspection contract

The work scope, valued at a seven figure sum, includes the inspection of infrastructure on five manned platforms and multiple unmanned satellite platforms.

Lloyd's Register report finds 71% of oil and gas asset performance and risk management decisions still rely on a single data source
19 Sept 20192 min read

Lloyd's Register report finds 71% of oil and gas asset performance and risk management decisions still rely on a single data source

The report has also found that that only 39% of asset managers already implement advanced digital methods of maintenance and risk management, of which 26% are using risk-based inspection (RBI) and 13% are using reliability centred maintenance (RCM).

Weatherford and Saudi Aramco ink five-year corporate procurement agreement
19 Sept 20191 min read

Weatherford and Saudi Aramco ink five-year corporate procurement agreement

The agreement establishes a foundation for future collaboration between Weatherford and Saudi Aramco.

More North Sea organisations set to join the digital safety revolution by adopting the Restrata Platform
18 Sept 20192 min read

More North Sea organisations set to join the digital safety revolution by adopting the Restrata Platform

Restrata has announced that more operators are on the verge of adopting its safety and emergency response technology.

Clariant Oil Services to release winterised pour point depressant technology
18 Sept 20192 min read

Clariant Oil Services to release winterised pour point depressant technology

The technology will help oil production companies, especially operating in cold climate regions, overcome the challenges associated with the transportation of waxy crude oils and the mitigation of wax deposition.

Jump in oil price could send service company margins higher, says Rystad Energy
18 Sept 20192 min read

Jump in oil price could send service company margins higher, says Rystad Energy

60% of the top 50 oilfield service (OFS) contractors already improved margins and increased operational efficiency in the first half of 2019.

Oxford Flow expands office following recent expansion
18 Sept 20192 min read

Oxford Flow expands office following recent expansion

The new space will house Oxford Flow’s growing team, which has added 10 people in the last year.

Schlumberger, Chevron and Microsoft to collaborate on digital transformation
18 Sept 20193 min read

Schlumberger, Chevron and Microsoft to collaborate on digital transformation

As part of the collaboration, the three companies will work together to build Azure-native applications in the DELFI cognitive E&P environment.

Production begins at Utgard field
18 Sept 20192 min read

Production begins at Utgard field

Recoverable Utgard resources are estimated at around 40 million boe and daily production on plateau will be around 43 000 boe.

Sercel releases wireless nodal acquisition system
17 Sept 20191 min read

Sercel releases wireless nodal acquisition system

WiNG is a next-generation land nodal system designed for data acquisition companies.

Ashtead Technology completes subsea installation monitoring for Ocean Installer
17 Sept 20193 min read

Ashtead Technology completes subsea installation monitoring for Ocean Installer

The contract saw Ashtead Technology provide its integrated Deflection Monitoring System (DMS) services and equipment to support the installation of eight Integrated Template Structures (ITS) in Equinor’s Askeladd and Johan Castberg fields.

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