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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.

Oil and gas sector logistics expert warns industry's EU traders not to 'hold their breath' about Malthouse Compromise
12 Feb 20193 min read

Oil and gas sector logistics expert warns industry's EU traders not to 'hold their breath' about Malthouse Compromise

Adam Johnson, director of Leeds-based Tudor International Freight, said the proposed blueprint for the period following UK withdrawal from the bloc was unlikely to be adopted for various reasons.

TIPRO releases “State of Energy Report”
12 Feb 20196 min read

TIPRO releases “State of Energy Report”

Texas leads the nation in oil & natural gas production, employment growth.

Transocean Ltd. provides fleet status update
11 Feb 20192 min read

Transocean Ltd. provides fleet status update

The company has released a report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs.

Rystad Energy: Venezuela production could fall below 700 000 by 2020
11 Feb 20193 min read

Rystad Energy: Venezuela production could fall below 700 000 by 2020

The fall in the country’s crude oil production is poised to carry over into 2019, according to Rystad Energy.

Petrofac secures UK Well Services agreement
11 Feb 20191 min read

Petrofac secures UK Well Services agreement

The three-year agreement, which includes options to extend, is estimated to be worth up to US$95 million over the term.

Coro Energy acquires interest in Duyung PSC, Indonesia
11 Feb 20193 min read

Coro Energy acquires interest in Duyung PSC, Indonesia

The company has announced the signing of a binding conditional agreement as it takes its next step in building its portfolio in SE Asia.

Jadestone Energy announces rig contract
11 Feb 20191 min read

Jadestone Energy announces rig contract

The company has announced that it has signed a rig contract for infill drilling on the Stag oilfield, located offshore Australia.

BP starts gas production from the second stage of Egypt’s West Nile Delta development
11 Feb 20193 min read

BP starts gas production from the second stage of Egypt’s West Nile Delta development

The project, which produces gas from the Giza and Fayoum fields, was developed as a deepwater, long-distance tie-back to an existing onshore plant.

LR receives approval to carry out verification activity on the Norwegian Continental Shelf
11 Feb 20191 min read

LR receives approval to carry out verification activity on the Norwegian Continental Shelf

This follows a change to section three of the Petroleum Safety Authority’s (PSA) framework HSE regulations, which now permits mobile units employed in petroleum activities on the NCS to be designed in accordance with relevant maritime requirements.

PD&MS announces EPC Modifications contract extension with Shell UK
11 Feb 20192 min read

PD&MS announces EPC Modifications contract extension with Shell UK

PD&MS has won a two-year contract extension with Shell UK, extending an existing partnership through to April 2021, and securing in the region of 50 full time jobs.

CGG and TGS announce Greater Castberg survey in Barents Sea
11 Feb 20191 min read

CGG and TGS announce Greater Castberg survey in Barents Sea

The survey will include the highly prospective Castberg area, and cover existing and newly awarded licenses in addition to open acreage with several play models in multiple geological layers.

GlobalData: Total’s discovery in South Africa will re-energise stalling gas industry.
11 Feb 20192 min read

GlobalData: Total’s discovery in South Africa will re-energise stalling gas industry.

Following the news of a major gas discovery in South Africa by Total SA, Jonathan Markham, Oil & Gas Analyst at GlobalData, offers his view on the find and the industry in South Africa.

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