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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.

OneSubsea and Innovex sign master service agreement for subsea wellhead technology
26 Feb 20251 min read

OneSubsea and Innovex sign master service agreement for subsea wellhead technology

Innovex has announced the signing of a strategic Frame Agreement with SLB OneSubsea, for the supply of subsea wellhead systems.

SLB provides update on planned acquisition of ChampionX
26 Feb 20251 min read

SLB provides update on planned acquisition of ChampionX

SLB has announced that, in connection with SLB’s planned acquisition of ChampionX, all applicable waiting periods under the US Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976 have expired, and SLB is legally permitted to close the ChampionX transaction in the US.

Viking announces success in Saudi Arabia following completion of trial projects
25 Feb 20253 min read

Viking announces success in Saudi Arabia following completion of trial projects

Viking Completion Technology has announced a series of high-profile successes in Saudi Arabia, completing five trial projects within a 14-month period.

Tokyo Gas announces sale of Eagle Ford shale gas assets
25 Feb 20251 min read

Tokyo Gas announces sale of Eagle Ford shale gas assets

Tokyo Gas Co., Ltd. has announced that it has agreed to sell its Eagle Ford shale gas assets.

Saipem announces agreement in principle for merger with Subsea7
24 Feb 20258 min read

Saipem announces agreement in principle for merger with Subsea7

Saipem and Subsea7 have announced that they have reached an agreement in principle on the key terms of a possible merger of the two companies through the execution of a Memorandum of Understanding (MoU). The proposed combination is expected to create a global leader in energy services.

ConocoPhillips announces agreement to sell interest in Ursa and Europa Fields
24 Feb 20251 min read

ConocoPhillips announces agreement to sell interest in Ursa and Europa Fields

ConocoPhillips has announced it has entered into an agreement to sell its interests in the Ursa and Europa Fields to subsidiaries of Shell plc, for US$735 million subject to customary closing adjustments.

CNOOC Ltd commences production from Luda 5-2 North Oilfield Phase II Development Project
21 Feb 20252 min read

CNOOC Ltd commences production from Luda 5-2 North Oilfield Phase II Development Project

CNOOC Ltd has announced that Luda 5-2 North Oilfield Phase II Development Project has commenced production.

Black Gold announces commencement of drilling in the Illinois basin
21 Feb 20252 min read

Black Gold announces commencement of drilling in the Illinois basin

Earlier this month, BGX acquired a 10% working interest in the well and an option to participate in any offset developmental wells in a 210 acre area of mutual interest from the operator, Adler Energy, LLC.

Reducing fugitive emissions in upstream oil and gas
Exclusive20 Feb 2025

Reducing fugitive emissions in upstream oil and gas

Arun Karupaiah, Celeros Flow Technology, outlines how OEM equipment manufacturers and specialist engineering companies are providing practical technological solutions and additional support to help mitigate fugitive emissions.

Bowman announces expansion of oil and gas footprint with acquisition of UP Engineering
20 Feb 20252 min read

Bowman announces expansion of oil and gas footprint with acquisition of UP Engineering

UP serves clients throughout Texas with a focus on oil and gas, industrial, commercial and residential projects.

Outrigger Energy II completes sale of Williston Basin Midstream System
20 Feb 20252 min read

Outrigger Energy II completes sale of Williston Basin Midstream System

Outrigger Energy II LLC has announced that it has completed the sale of its midstream system in the Williston Basin of North Dakota to Hiland Partners Holdings LLC, a wholly owned subsidiary of Kinder Morgan, Inc. for US$640 million.

Global oil and gas contract value remains stable in 4Q24: GlobalData
19 Feb 20252 min read

Global oil and gas contract value remains stable in 4Q24: GlobalData

Global oil and gas contract value remains stable despite volume decline in 4Q24, reveals GlobalData.

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