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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.

Proserv reveals acquisition of SGC Metering from Petrofac
4 Feb 20192 min read

Proserv reveals acquisition of SGC Metering from Petrofac

The deal is key part of Proserv’s strategy of providing systems from the wellhead through to the pipeline.

CGX Energy and Frontera announce execution of farm-in JV agreement and bridge loan
4 Feb 20191 min read

CGX Energy and Frontera announce execution of farm-in JV agreement and bridge loan

The agreement covers CGX's two shallow water offshore Petroleum Prospecting Licenses in Guyana, the Corentyne and Demerara Blocks.

Shell and partners start deep-water production at Lula North in Brazil
4 Feb 20191 min read

Shell and partners start deep-water production at Lula North in Brazil

Royal Dutch Shell plc, through its subsidiary Shell Brasil Petróleo Ltda. has announced with consortium partners the start of production at the Lula North deep-water project in the Brazilian Santos Basin.

Equinor: extended lifetime for Norne FPSO
4 Feb 20192 min read

Equinor: extended lifetime for Norne FPSO

The Norwegian Petroleum Directorate (NPD) has granted consent for continuation of production on Norne FPSO with associated facilities for the Norne, Urd and Skuld fields in the Norwegian Sea.

Churchill reports growing geothermal confidence following record-breaking circulation sub run
4 Feb 20192 min read

Churchill reports growing geothermal confidence following record-breaking circulation sub run

The increase in demand was triggered after the tool was run in the world’s deepest (4650 m) and hottest (427 °C) geothermal borehole in the Iceland Deep Drilling Project (IDDP) in 2017.

WoodMac: ‘Exploration’s back in the black – and keen to stay there’
4 Feb 20195 min read

WoodMac: ‘Exploration’s back in the black – and keen to stay there’

New analysis from Wood Mackenzie shows that explorers’ success in 2018 reflects a disciplined approach that’s set to continue this year.

Subsea Expo: opportunities for collaboration between Scotland and Japan to be highlighted at workshop
1 Feb 20192 min read

Subsea Expo: opportunities for collaboration between Scotland and Japan to be highlighted at workshop

The opportunities which exist for Scottish companies to collaborate on R&D projects with Japan will be highlighted at a workshop at this year’s Subsea Expo.

Dräger Marine & Offshore supports energy safety professionals
1 Feb 20192 min read

Dräger Marine & Offshore supports energy safety professionals

The company has backed the efforts of the Offshore Safety Professionals Register (OSPR), the only membership organisation for offshore health, safety and environment (HSE) professionals.

United Oil & Gas Plc: CPRs for Crown Oil Discovery and Waddock Cross Field
1 Feb 20193 min read

United Oil & Gas Plc: CPRs for Crown Oil Discovery and Waddock Cross Field

United Oil & Gas Plc has announced the results of an independent Competent Person’s Report prepared by ERC Equipoise Ltd.

Subsea Expo: industry experts unite to unlock full potential of the UKCS
1 Feb 20193 min read

Subsea Expo: industry experts unite to unlock full potential of the UKCS

The ‘Revitalising the UKCS’ conference session has been added to the Subsea Expo event.

Providence Resources provides operational update
1 Feb 20192 min read

Providence Resources provides operational update

The company has provided an operational update on Standard Exploration Licence (‘SEL’) 1/11 that contains the Barryroe oil accumulation.

James Fisher Offshore and First Subsea technology fusion ready for lift-off.
1 Feb 20192 min read

James Fisher Offshore and First Subsea technology fusion ready for lift-off.

Specialist subsea project delivery firms James Fisher Offshore (JFO) and First Subsea have joined forces to launch a revolutionary cut and lift product that promises to streamline decommissioning projects worldwide, simplifying operations whilst reducing costs and risk.

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