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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.

MOL Group and Turkish Petroleum join forces to explore hydrocarbons in Hungary
30 Apr 20254 min read

MOL Group and Turkish Petroleum join forces to explore hydrocarbons in Hungary

Granted rights for joint hydrocarbon exploration in two Hungarian concession areas, Tamási and Buzsák.

CRP Subsea secures contract with Shell Offshore Inc. for Whale deepwater development
30 Apr 20252 min read

CRP Subsea secures contract with Shell Offshore Inc. for Whale deepwater development

Annular pressure build-up (APB) mitigation for wells at Whale development.

Energy industry faces short-term instability, yet remains optimistic about long-term prospects, DNV report reveals
29 Apr 20254 min read

Energy industry faces short-term instability, yet remains optimistic about long-term prospects, DNV report reveals

The energy industry is braced for short-term uncertainty caused by global instability, but remains optimistic in the long-term, according to DNV’s annual Energy Industry Insights survey.

Technip Energies awarded offshore compression project in Qatar
29 Apr 20251 min read

Technip Energies awarded offshore compression project in Qatar

Technip Energies awarded a significant engineering contract for the North Field Production Sustainability Offshore Compression Project in Qatar.

Decom Engineering outlines contract wins in Americas, Africa and Australia
28 Apr 20253 min read

Decom Engineering outlines contract wins in Americas, Africa and Australia

Contract wins in Americas, Africa and Australia boost growth at subsea cutting specialist Decom Engineering.

bp: Rhino Resources reports results of Capricornus 1-X well in Namibia’s Orange Basin
28 Apr 20252 min read

bp: Rhino Resources reports results of Capricornus 1-X well in Namibia’s Orange Basin

bp has confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia’s Orange Basin, as reported by operator Rhino Resources.

BW Energy announces substantial oil discovery at Bourdon field offshore Gabon
25 Apr 20252 min read

BW Energy announces substantial oil discovery at Bourdon field offshore Gabon

Management estimates indicate 56 million barrels oil in place of which approximately 25 million barrels are considered recoverable.

Weatherford and AIQ sign strategic partnership to accelerate efficiency in energy production
24 Apr 20252 min read

Weatherford and AIQ sign strategic partnership to accelerate efficiency in energy production

The collaboration aims to integrate Weatherford's software and hardware solutions, including the Modern Edge suite, Unified Data Model, and WFRD Software Launchpad, with AIQ's AI-driven systems.

FPSO reliability and filtration
Exclusive23 Apr 2025

FPSO reliability and filtration

Pete McGuigan, Global LNG Market Manager, Filtration & Energy Solutions Division, Parker Filtration Group, explores the critical factors in selecting air intake filtration equipment for FPSO applications.

Rystad Energy: Saudi Arabia slashes crude burn, taps gas for power generation by 2030
23 Apr 20253 min read

Rystad Energy: Saudi Arabia slashes crude burn, taps gas for power generation by 2030

Crude burn – the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation – has long been a staple in Saudi Arabia’s energy mix.

Crescent Energy completes accretive sale of non-operated Permian Basin assets
23 Apr 20251 min read

Crescent Energy completes accretive sale of non-operated Permian Basin assets

Crescent Energy Company has announced the closing of the sale of non-operated Permian Basin assets to a private buyer for US$83 million in cash, subject to customary post-closing purchase price adjustments. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 thousand boe/d (~35% oil).

TotalEnergies announces first oil from Ballymore field, offshore USA
22 Apr 20251 min read

TotalEnergies announces first oil from Ballymore field, offshore USA

TotalEnergies has announced the start of production from the deepwater Ballymore field offshore US, in which the Company has a 40% interest alongside operator Chevron (60%).

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