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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.

ADNOC and AIQ accelerate deployment of AR360 AI solution
18 Oct 20242 min read

ADNOC and AIQ accelerate deployment of AR360 AI solution

Adnoc says the solution to be deployed on more than 30 ADNOC reservoirs, following successful initial deployment.

OMMICA supports Middle East’s largest unconventional gas field
18 Oct 20242 min read

OMMICA supports Middle East’s largest unconventional gas field

This marks the first project in which OMMICA has delivered solutions to Saudi Arabia.

Hungary's MOL Group and Turkish Petroleum sign MoU for exploration
18 Oct 20241 min read

Hungary's MOL Group and Turkish Petroleum sign MoU for exploration

Under the Memorandum of Understanding (MoU), MOL Group and Turkish Petroleum have expressed their intention to jointly provide their experience, technical and commercial knowledge, techniques and financial resources.

Proserv secures contract with Aker Solutions to supply a Multiphase Sampling Unit
17 Oct 20241 min read

Proserv secures contract with Aker Solutions to supply a Multiphase Sampling Unit

The technology offers a small footprint system that allows for selective phase sampling from a multiphase flowline when no production test separator exists for continuous, repeatable sampling.

CNOOC Ltd signs four concession contracts for exploration blocks offshore Brazil
17 Oct 20241 min read

CNOOC Ltd signs four concession contracts for exploration blocks offshore Brazil

The contracts were signed for a total of 4 blocks, S-M-1813 in the Santos Basin, P-M-1737/39/97 in the Pelotas Basin, acquired from the 4th Permanent Concession Offer Cycle, all located offshore Brazil.

Perenco announces drilling of three new development wells, onshore Colombia
17 Oct 20242 min read

Perenco announces drilling of three new development wells, onshore Colombia

Perenco Colombia has announced the successful drilling of three new development wells on the Paravare and Chaparrito fields on the plains of Casanare, onshore Colombia.

Reuters: Sinopec raises output from east China shale oil field
17 Oct 20241 min read

Reuters: Sinopec raises output from east China shale oil field

At this rate, according to Reuters, Sinopec is on track to deliver a target set in 2022 to produce 500 000 t/y in 2025 at Jiyang, which is situated mostly in Shandong province and covers 1.8 million acres.

Northern Ocean Ltd announces letter of intent with Kinetic Pressure Control
16 Oct 20241 min read

Northern Ocean Ltd announces letter of intent with Kinetic Pressure Control

NOL said the purpose of the letter of intent is to outfit NOL submersibles with the Kinetic Blowout Stopper.

Baker Hughes awarded low-emission compressor technology order for Kaminho deepwater project in Angola
16 Oct 20241 min read

Baker Hughes awarded low-emission compressor technology order for Kaminho deepwater project in Angola

Kaminho is an all-electric project and the first large deepwater development in the Kwanza basin.

Petrobras: FPSO Maria Quitéria starts operating in the pre-salt Campos Basin
16 Oct 20242 min read

Petrobras: FPSO Maria Quitéria starts operating in the pre-salt Campos Basin

The platform can produce up to 100 000 bpd of oil in the Espírito Santo portion of the basin.

Congo cancels auction of 27 oil exploration sites citing insufficient competition
16 Oct 20242 min read

Congo cancels auction of 27 oil exploration sites citing insufficient competition

The cancelled auction involved oil blocks containing an estimated 22 billion bbl of reserves.

Chevron commits an additional US$250 000 to hurricane relief efforts
15 Oct 20242 min read

Chevron commits an additional US$250 000 to hurricane relief efforts

Chevron has announced a donation of US$250 000 to support relief and recovery efforts after Hurricane Milton devastated parts of Florida.

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