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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.

National Oilwell Varco announces sale of two 20 000-psi BOP stacks to Transocean
7 Jun 20191 min read

National Oilwell Varco announces sale of two 20 000-psi BOP stacks to Transocean

The initial deployment is expected in 2021 on a 20 000-psi well in the Gulf of Mexico.

Santos appraisal well confirms major oil and gas resource in Bedout Basin
7 Jun 20193 min read

Santos appraisal well confirms major oil and gas resource in Bedout Basin

The Dorado-2 appraisal well is in Commonwealth waters approximately 160 km north of Port Hedland, Australia, and 2 km away from the Dorado-1 discovery, made in July last year.

Hurricane Energy achieves first oil at Lancaster field
7 Jun 20192 min read

Hurricane Energy achieves first oil at Lancaster field

The combined flow from both wells during a 72-hour production test earlier this week reached and maintained the planned production rate of 20 000 bpd.

Lukoil acquires interest in license in the Republic of Congo
7 Jun 20191 min read

Lukoil acquires interest in license in the Republic of Congo

The Marine XII license covering 571 km2 is located on the continental shelf of the Republic of Congo 20 km from the shore with the sea depth of 20 - 90 m.

CGG and Fairfield Geotechnologies sign cooperation agreement for Austin Chalk survey
7 Jun 20192 min read

CGG and Fairfield Geotechnologies sign cooperation agreement for Austin Chalk survey

The 578-square-mile wide-azimuth survey, known as Bayou Boeuf, is designed to image the Austin Chalk play and provide a better understanding of the formations in this area which have recently regained industry interest.

Rystad Energy: US oil output poised to set yet another record in 2019
6 Jun 20192 min read

Rystad Energy: US oil output poised to set yet another record in 2019

Rystad Energy is raising its forecast for US crude output to 13.4 million bpd by December 2019.

Key appointment for DNV GL’s new Future of Gas team in the UK
6 Jun 20191 min read

Key appointment for DNV GL’s new Future of Gas team in the UK

DNV GL, the global quality assurance and risk management company and technical advisor to the oil and gas industry, has appointed Corin Taylor as a principal consultant in its new ‘Future of Gas’ team in the United Kingdom.

ExxonMobil and partners to invest in Angola Block 15
6 Jun 20191 min read

ExxonMobil and partners to invest in Angola Block 15

As part of the agreement, Sonangol, Angola’s state oil company, will receive a 10% equity interest.

IHS Markit makes 10-year forecast for Canadian oilsands production
6 Jun 20192 min read

IHS Markit makes 10-year forecast for Canadian oilsands production

IHS Markit expects average y/y supply additions to be below 100 000 bpd in the coming decade.

CGG GeoSoftware develops machine learning ecosystem
6 Jun 20193 min read

CGG GeoSoftware develops machine learning ecosystem

CGG GeoSoftware has developed a machine learning ecosystem providing open access to data within its geophysical and petrophysical applications.

W&T Offshore makes oil discovery in Gulf of Mexico
6 Jun 20192 min read

W&T Offshore makes oil discovery in Gulf of Mexico

The discovery was made at Gladden Deep in Mississippi Canyon block 800.

Angola kicks off first phase of six-year licensing cycle
6 Jun 20193 min read

Angola kicks off first phase of six-year licensing cycle

"Angola is open for business", said Paulino Jerónimo, CEO of the National Agency of Petroleum, Gas and Biofuels.

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