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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.

Orlen discovers 'big’ oilfield in western Poland
13 Sept 20241 min read

Orlen discovers 'big’ oilfield in western Poland

The oilfield was discovered in the Lubuskie region next to the existing Rzeczyca field which holds 100 000 metric t of oil, says Reuters.

Diamondback Energy closes merger with Endeavor Energy Resources
13 Sept 20242 min read

Diamondback Energy closes merger with Endeavor Energy Resources

Diamondback Energy has completed the merger with Endeavor Energy Resources, creating a leading operator focused on the Permian Basin.

EIA expects flat oil and natural gas production from the Gulf of Mexico
13 Sept 20246 min read

EIA expects flat oil and natural gas production from the Gulf of Mexico

In its Short-Term Energy Outlook EIA implemented a new model for forecasting crude oil and natural gas production from the US Federal Offshore Gulf of Mexico.

Li Xing at Exness offers a comment on oil prices
12 Sept 20241 min read

Li Xing at Exness offers a comment on oil prices

Li Xing Gan Financial Markets Strategist at Exness says oil prices have paused their decline due to concerns over Hurricane Francine.

OPEC cuts oil demand growth projections
12 Sept 20241 min read

OPEC cuts oil demand growth projections

The body’s monthly report indicates a 2025 growth at 1.7 million bpd, slightly below this year’s figure.

CNOOC announces major exploration success in Pearl River Mouth Basin
12 Sept 20242 min read

CNOOC announces major exploration success in Pearl River Mouth Basin

Testing of the well yielded an absolute open flow natural gas production rate of 430 000 m³/d.

Aramex UK opens new Aberdeen facility
12 Sept 20242 min read

Aramex UK opens new Aberdeen facility

Aramex UK has opened a new branch in Aberdeen as it looks to enhance service for oil and gas clients.

Akselos launches Structural Performance Management for FPSOs
11 Sept 20242 min read

Akselos launches Structural Performance Management for FPSOs

SPM for FPSOs can reduce operational expenditure (OPEX) by up to 35% through optimised inspections and maintenance planning.

Rystad Energy oil macro update: oil market is dominated by a bearish sentiment due to China’s and US’ economic risks
11 Sept 20245 min read

Rystad Energy oil macro update: oil market is dominated by a bearish sentiment due to China’s and US’ economic risks

Rystad Energy oil macro update from 11 September.

Transocean Ltd. announces US$232 million ultra-deepwater drillship contract
11 Sept 20241 min read

Transocean Ltd. announces US$232 million ultra-deepwater drillship contract

Transocean Ltd. has announced a 365 day contract for the Deepwater Atlas with bp in the US Gulf of Mexico.

bp extends partnership with Palantir to integrate AI capabilities
11 Sept 20242 min read

bp extends partnership with Palantir to integrate AI capabilities

The latest agreement builds upon a ten-year collaboration that has seen bp deploy Palantir’s technology in its oil and gas production.

McDermott completes offshore decommissioning project in Western Australia
11 Sept 20241 min read

McDermott completes offshore decommissioning project in Western Australia

McDermott has announced the safe and successful decommissioning of the Campbell platform and associated offshore infrastructure at the Varanus Island hub in Western Australia.

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