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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.

Plan for second phase of Johan Sverdrup approved
17 May 20192 min read

Plan for second phase of Johan Sverdrup approved

Construction work has now started on the field’s second processing platform.

Spur Energy Partners form partnership with KKR to acquire assets across US
17 May 20192 min read

Spur Energy Partners form partnership with KKR to acquire assets across US

The partnership aims to acquire large, high-margin oil and gas production and development assets across the Lower 48 states of the US.

LUKOIL begins commercial operations in D41 offshore field
17 May 20191 min read

LUKOIL begins commercial operations in D41 offshore field

Construction of the company’s second well in the D41 offshore field in the Baltic Sea was completed earlier this month.

i-Tech 7 appoints new business development manager for Asia Pacific & Middle East
17 May 20192 min read

i-Tech 7 appoints new business development manager for Asia Pacific & Middle East

Craig Roberts will be based in the company’s Perth office, in Australia.

Decommissioning companies combine to create new company with focus on UKCS
17 May 20192 min read

Decommissioning companies combine to create new company with focus on UKCS

Fairfield Decom’s clients will have direct access to the expertise and assets of Decom Energy, Heerema Marine Contractors and AF Offshore Decom.

Westwood Global Energy: accelerating rig activity signals game-change as rig rates are on the up
17 May 20194 min read

Westwood Global Energy: accelerating rig activity signals game-change as rig rates are on the up

Data shows that marketed utilisation for some rig types in some regions are nearing 85-90%.

Wood Mackenzie has released its eleventh annual exploration survey
15 May 20193 min read

Wood Mackenzie has released its eleventh annual exploration survey

The results of Wood Mackenzie’s eleventh annual exploration survey have been released.

New digitised inspection process for oil and gas industry launched
15 May 20192 min read

New digitised inspection process for oil and gas industry launched

The inspection technology digitises inspection workflows by leveraging automation, overhauling the current paper-based and outdated manual process.

Edvard Greig safety barrier status management implementation goes live
15 May 20192 min read

Edvard Greig safety barrier status management implementation goes live

Eigen has rolled out a new safety barrier management solution for the Lundin operated Edvard Greig platform.

Empyrean Energy confirms presence of gas clouds over Jade and Topaz prospects offshore China
15 May 20193 min read

Empyrean Energy confirms presence of gas clouds over Jade and Topaz prospects offshore China

The presence of gas clouds has been used as an effective exploration tool in prolific basins worldwide, contributing to the discovery of significant amounts of oil.

Shelf Drilling reports 1Q19 results
15 May 20194 min read

Shelf Drilling reports 1Q19 results

The company recorded revenue of US$147.2 million and Adjusted EBITDA of US$49.4 million in 1Q19.

Talon Petroleum acquires EnCounter Oil
15 May 20191 min read

Talon Petroleum acquires EnCounter Oil

Talon now holds 100% interests in EnCounter’s exploration licences in the UK North Sea.

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