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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.

EnerQuip sets sail on Vantage drillship project
27 Feb 20191 min read

EnerQuip sets sail on Vantage drillship project

The project will mark the first time one of its high torque machines will be used on a drillship, the sixth generation ultra-deepwater capable ‘Tungsten Explorer’.

TGT challenges industry norms with total business transformation
26 Feb 20192 min read

TGT challenges industry norms with total business transformation

The company is aiming to improve asset performance for operators through a new approach to well diagnostics.

PTTEP pushes forward investment plan in Bongkot and Erawan
26 Feb 20194 min read

PTTEP pushes forward investment plan in Bongkot and Erawan

The company has confirmed its readiness to play a key role in carrying on the continuity of natural gas supply from the two major fields.

McDermott awarded EPCI contract from Saudi Aramco
26 Feb 20191 min read

McDermott awarded EPCI contract from Saudi Aramco

The contract award is for engineering, procurement, construction and installation services in the Marjan field, offshore Saudi Arabia.

Equinor enhances permanent seismic monitoring with Sonardyne sensors
26 Feb 20192 min read

Equinor enhances permanent seismic monitoring with Sonardyne sensors

From first production at the development, Equinor plans to use seafloor based seismic cable permanent reservoir monitoring (PRM) technology to observe what is happening in the reservoir over time to help maximise recovery rates.

Europa Oil & Gas: New prospect inventory for LO 16/20, offshore Ireland
26 Feb 20192 min read

Europa Oil & Gas: New prospect inventory for LO 16/20, offshore Ireland

LO16/20 includes the Company’s flagship Inishkea prospect which lies immediately to the north west of, and abuts, the producing Corrib gas field in the Corrib Field Petroleum Lease Area.

KBC releases Petro-SIM® 7 to disrupt traditional process simulation
26 Feb 20193 min read

KBC releases Petro-SIM® 7 to disrupt traditional process simulation

Petro-SIM 7 will boost the value derived from production management and supply chain optimisation activities and reduce total cost of asset lifecycle simulation.

Terry Larkin appointed managing director at Pryme Group’s North Tyneside facility
26 Feb 20193 min read

Terry Larkin appointed managing director at Pryme Group’s North Tyneside facility

Terry Larkin possesses more than 25 years’ experience in senior management positions with a track-record in managing transformational change projects, establishing positive reporting procedures and achieving double-digit growth year-on-year.

Block Energy Plc: agreement to acquire 100% interest in West Rustavi field
26 Feb 20196 min read

Block Energy Plc: agreement to acquire 100% interest in West Rustavi field

Block’s interest in the Licence is held via its 100% owned subsidiary Georgia New Ventures, Inc (‘GNV’) which is also party to the Agreement.

Lundin Petroleum complete exploration well on Pointer and Setter prospects
25 Feb 20192 min read

Lundin Petroleum complete exploration well on Pointer and Setter prospects

Lundin Norway AS has completed the drilling of exploration well 7121/1-2 S, targeting the Pointer and Setter prospects in PL767 in the southern Barents Sea.

RockRose Energy plc to acquire Marathon Oil UK
25 Feb 20192 min read

RockRose Energy plc to acquire Marathon Oil UK

The company has announced that it has signed a share purchase agreement to acquire 100% of Marathon Oil U.K. LLC and 100% of Marathon Oil West of Shetland Limited from subsidiaries of Marathon Oil Corporation.

Andalas Energy & Power announce Colter well update
25 Feb 20192 min read

Andalas Energy & Power announce Colter well update

The Colter well (98/11a-6) has been drilled as a vertical well with the Ensco-72 jack-up rig and has reached a total depth of 1870 m MD in the Sherwood Sandstone.

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