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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.

Seatrium and bp sign MOU for second deepwater FPU project
13 Feb 20252 min read

Seatrium and bp sign MOU for second deepwater FPU project

Seatrium and bp sign Memorandum of Understanding for second deepwater Floating Production Unit project.

ORLEN discovers a new gas field in the Province of Poznan
12 Feb 20253 min read

ORLEN discovers a new gas field in the Province of Poznan

ORLEN is currently operating three gas fields in the County of Jarocin and plans to explore additional prospects in the area.

Svanehøj to supply CO2 pumps for INEOS’ Project Greensand in the North Sea
11 Feb 20252 min read

Svanehøj to supply CO2 pumps for INEOS’ Project Greensand in the North Sea

Svanehøj to supply CO2 pumps for the onshore facility and the first LCO2 carrier for Project Greensand.

Impact Oil & Gas announces spudding of Marula-1X exploration Block 2913 offshore Namibia
10 Feb 20253 min read

Impact Oil & Gas announces spudding of Marula-1X exploration Block 2913 offshore Namibia

Impact Oil & Gas Ltd has provided an update on its operations at the Tamboti-1X exploration well and announces spudding of Marula-1X exploration block 2913B (PEL 56) offshore Namibia.

McDermott announces completion of project in East Malaysia ahead of schedule
10 Feb 20252 min read

McDermott announces completion of project in East Malaysia ahead of schedule

McDermott has announced the completion of transportation, installation, and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in 1Q24.

CNOOC Ltd announces production from Bozhong 26-6 oilfield development project
7 Feb 20252 min read

CNOOC Ltd announces production from Bozhong 26-6 oilfield development project

CNOOC Limited has announced that Bozhong 26-6 Oilfield Development Project (Phase I) has commenced production.

“Substantial green prize” lies ahead for UK as it decarbonises economy, says DNV
6 Feb 20253 min read

“Substantial green prize” lies ahead for UK as it decarbonises economy, says DNV

Forecasted progress of the UK’s decarbonisation is impressive, with predicted reductions in greenhouse gas emissions by 58% by 2030, 68% by 2035 and 82% by 2050, against 1990 levels, but not reaching net zero.

ABL to support Saipem on Libyan offshore project
6 Feb 20252 min read

ABL to support Saipem on Libyan offshore project

Energy and marine consultancy ABL has been awarded a contract to provide marine warranty survey (MWS) services to Saipem, to support the marine transportation and installation (T&I) operations relating to Libya’s Bouri Gas Utilisation Project (BGUP).

Reuters: Senate confirms fracking executive Chris Wright as Trump's energy secretary
5 Feb 20253 min read

Reuters: Senate confirms fracking executive Chris Wright as Trump's energy secretary

The US Senate on Monday 3 February confirmed Chris Wright, a fracking executive, to be President Donald Trump's energy secretary.

SLB OneSubsea signs agreement with Vår Energi for upcoming subsea developments in Norway
5 Feb 20252 min read

SLB OneSubsea signs agreement with Vår Energi for upcoming subsea developments in Norway

The award leverages the existing strategic subsea partnership agreement between the two companies for standardised subsea equipment, supporting multiple upcoming oil and gas developments on the Norwegian Continental Shelf (NCS).

Baker Hughes announces trio of electrification technologies for onshore, offshore operations
4 Feb 20253 min read

Baker Hughes announces trio of electrification technologies for onshore, offshore operations

Baker Hughes, an energy technology company has announced three new electrification technologies that will provide enhanced reliability, increased efficiency and reduced emissions for onshore and offshore operations.

Rystad Energy: US$150 billion in global upstream opportunities ahead as shale consolidation slows down
3 Feb 20253 min read

Rystad Energy: US$150 billion in global upstream opportunities ahead as shale consolidation slows down

According to Rystad Energy, upstream merger and acquisition (M&A) activity is expected to slow significantly in 2025 following two years of record-high transactions driven by US shale mergers.

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