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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.

China's gas production to double by 2040, says Wood Mackenzie
28 Aug 20194 min read

China's gas production to double by 2040, says Wood Mackenzie

Production is expected to double from 149 billion m3 in 2018 to 325 billion m3 in 2040.

Noble Energy makes offshore discovery in Equatorial Guinea
28 Aug 20192 min read

Noble Energy makes offshore discovery in Equatorial Guinea

The Aseng 6P well was drilled to a total depth of 4417 m and is expected to produce first oil in October 2019.

June 2019 sees record high seaborne US crude oil exports
28 Aug 20194 min read

June 2019 sees record high seaborne US crude oil exports

The highest US crude oil exports to China in 11 months lifted total seaborne US crude oil exports to a record high at 11.9 million t in June 2019.

Petrofac awarded decommissioning contract in Central North Sea
28 Aug 20191 min read

Petrofac awarded decommissioning contract in Central North Sea

The agreement includes provision of well operator and well engineering project management services for four wells within the Rubie and Renee fields, 200 km north east of Aberdeen, UK.

CGG commences new 3D broadband survey in deepwater Brazil
27 Aug 20191 min read

CGG commences new 3D broadband survey in deepwater Brazil

CGG Geoscience’s Subsurface Imaging Center in Rio will deliver imaging of pre-salt structures in the Campos and Santos Basins.

OGA announces suspension of fraccing at Preston New Road
27 Aug 20191 min read

OGA announces suspension of fraccing at Preston New Road

Operations were suspended following recent seismic activity near the site in Lancashire, UK.

Shearwater establishes subsidiary in Brazil
27 Aug 20191 min read

Shearwater establishes subsidiary in Brazil

The company has also opened a new office in Rio de Janerio.

TechnipFMC announces split into two publicly traded companies
27 Aug 20192 min read

TechnipFMC announces split into two publicly traded companies

The separation is expected to be completed in the first half of 2020, subject to customary conditions, consultations and regulatory approvals.

New field development director joins Xodus Group
27 Aug 20192 min read

New field development director joins Xodus Group

David Kennare has joined Xodus from Peritus Group where he was managing director for the company’s operations in Houston, London, Kuala Lumpur and Perth.

Petrofac to provide INEOS operations and maintenance support
27 Aug 20191 min read

Petrofac to provide INEOS operations and maintenance support

Petrofac will provide personnel to the Unity Platform in the Central North Sea, the onshore Cruden Bay Terminal and other landline sites.

FMS awarded 8-figure North Sea contract
23 Aug 20191 min read

FMS awarded 8-figure North Sea contract

FMS, an independent supplier of mooring equipment to the global oil and gas industry, has secured a three-year contract with BP for the provision of mooring equipment for its North Sea operations.

Well Conveyor AS has announced a US$1.8M investment
23 Aug 20192 min read

Well Conveyor AS has announced a US$1.8M investment

Well Conveyor AS has announced a US$1.8M investment from Chevron Technology Ventures, Proventure and Investinor for its new slim battery-powered conveyor.

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