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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.

Xodus appointed to one of Japan’s first large-scale CCS projects
19 Feb 20253 min read

Xodus appointed to one of Japan’s first large-scale CCS projects

Xodus secures contract to support one of Japan’s first large-scale CCS projects.

Valaris announces fleet rationalisation and issues fleet status report
19 Feb 20253 min read

Valaris announces fleet rationalisation and issues fleet status report

Valaris Ltd has announced several fleet rationalisation actions and issued a Fleet Status Report.

Strohm and UNITECH Offshore to deliver enhanced pipeline solutions
19 Feb 20252 min read

Strohm and UNITECH Offshore to deliver enhanced pipeline solutions

Strohm and UNITECH Offshore combine expertise to deliver enhanced pipeline solutions.

ECITB Census reveals challenges facing oil and gas
18 Feb 20255 min read

ECITB Census reveals challenges facing oil and gas

The report reveals the challenges facing the oil and gas sector amid an ageing workforce.

bp announces start of production from Raven Second Development Phase, offshore Egypt
18 Feb 20252 min read

bp announces start of production from Raven Second Development Phase, offshore Egypt

The new wells are expected to produce approximately 7 million barrels of condensate.

SBM Offshore awarded a study by Petrobras for FPSO Carbon Capture Solution
18 Feb 20252 min read

SBM Offshore awarded a study by Petrobras for FPSO Carbon Capture Solution

SBM Offshore has announced the signature of a study with Petrobras for the application of Carbon Capture Modules on FPSOs.

EIA: Petroleum liquids supply growth driven by non-OPEC+ countries in 2025 and 2026
17 Feb 20255 min read

EIA: Petroleum liquids supply growth driven by non-OPEC+ countries in 2025 and 2026

The US Energy Information Administration has predicted that worldwide production of petroleum will grow more in non-OPEC+ countries in 2025 and 2026.

Validus Energy to acquire 89 Energy III for US$850 million
17 Feb 20252 min read

Validus Energy to acquire 89 Energy III for US$850 million

Privately owned US oil and gas producer Validus Energy is set to acquire rival 89 Energy III for approximately US$850 million, including debt.

CNOOC announces production from Buzios7 project
17 Feb 20252 min read

CNOOC announces production from Buzios7 project

CNOOC Ltd has announced that the Buzios7 Project has commenced production safely.

Caterpillar Oil & Gas announces launch of gas blending solution
14 Feb 20252 min read

Caterpillar Oil & Gas announces launch of gas blending solution

Caterpillar Oil & Gas has announced the launch of the Cat® Dynamic Gas Blending™ (DGB) Gen 2 Kit.

BP plans new wells for Shah Deniz
14 Feb 20252 min read

BP plans new wells for Shah Deniz

BP plans new wells for Shah Deniz to sustain gas production.

Woodside and Trinidad agree on commercial terms for Calypso deepwater gas project
13 Feb 20252 min read

Woodside and Trinidad agree on commercial terms for Calypso deepwater gas project

The agreement unites two deepwater blocks, with Woodside confirming 3.5 trillion ft3 of natural gas reserves.

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