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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.

Baker Hughes, Repsol to collaborate on AI-powered workflows
15 Oct 20241 min read

Baker Hughes, Repsol to collaborate on AI-powered workflows

Baker Hughes said the companies will develop new AI-powered processes and workflows to achieve further optimisation in oil and gas production.

CNOOC sees record oil and gas output from independent field
15 Oct 20241 min read

CNOOC sees record oil and gas output from independent field

The Chinese state company also recently discovered one of the world’s first large ultra-shallow gas fields in ultra-deep water.

SLB OneSubsea awarded major contract for deepwater project in Brazil
14 Oct 20241 min read

SLB OneSubsea awarded major contract for deepwater project in Brazil

SLB’s OneSubsea joint venture has been awarded a major contract by Petrobras for the Roncador project, offshore Brazil.

Wood Mackenzie: CCUS growth challenged by current economics
14 Oct 20242 min read

Wood Mackenzie: CCUS growth challenged by current economics

Despite a growing market for carbon capture, utilisation and storage (CCUS), economics remain challenging, and many potential projects are at risk.

Shelf Drilling announces new contracts in West Africa
14 Oct 20241 min read

Shelf Drilling announces new contracts in West Africa

Shelf Drilling Ltd has announced new contracts for two jack-up rigs in Nigeria.

API data reveals huge rise in US crude oil inventories
11 Oct 20242 min read

API data reveals huge rise in US crude oil inventories

Levels rose by almost 11 million bbl over the last few days, far higher than the previous week.

Shearwater to conduct new Angolan OBN survey for TotalEnergies
11 Oct 20241 min read

Shearwater to conduct new Angolan OBN survey for TotalEnergies

Shearwater Geoservices Holding AS (Shearwater) has announced an award by TotalEnergies for an Angolan OBN project.

Thailand aims to restart talks with Cambodia over giant offshore field
11 Oct 20243 min read

Thailand aims to restart talks with Cambodia over giant offshore field

Thailand is set to reinitiate discussions with Cambodia over a lucrative offshore oil and gas field.

EIA: Hurricane Milton nears landfall on Florida’s west coast, disrupts energy infrastructure
10 Oct 20242 min read

EIA: Hurricane Milton nears landfall on Florida’s west coast, disrupts energy infrastructure

According to the US Energy Information Administration, Hurricane Milton is expected to make landfall late Wednesday or early Thursday as a major hurricane on the west coast of Florida with sustained winds of 160 mph, creating the potential for significant disruptions to energy infrastructure.

NOR Offshore Rental expands UK operations with major Sonardyne technology investment for construction survey
10 Oct 20241 min read

NOR Offshore Rental expands UK operations with major Sonardyne technology investment for construction survey

NOR Offshore Rental (NOR) has made a multi-million-pound investment in Sonardyne products as part of their expansion at NOR Ltd, their UK subsidiary office in Aberdeen.

CNOOC Ltd commences production at Bozhong 19-2 oilfield development project
10 Oct 20241 min read

CNOOC Ltd commences production at Bozhong 19-2 oilfield development project

The oilfield is expected to reach a peak production of approximately 18 800 bpd of crude oil in 2025.

EIA: short-term energy outlook
9 Oct 20242 min read

EIA: short-term energy outlook

The US Energy Information Administration has released its short-term energy outlook for October.

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