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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.

State 36-2R well production test commenced
10 Jul 20242 min read

State 36-2R well production test commenced

Zephyr Energy has announced the commencement of the well production test on the State 36-2R LNW-CC well at the Company's flagship project in the Paradox Basin, Utah.

Devon Energy announces strategic acquisition in the Williston Basin
10 Jul 20241 min read

Devon Energy announces strategic acquisition in the Williston Basin

Devon Energy has announced it has entered into a definitive purchase agreement to acquire the Williston Basin business of Grayson Mill Energy in a transaction valued at US$5 billion, consisting of US$3.25 billion of cash and US$1.75 billion of stock to the sellers.

Eni announces a new discovery offshore Mexico
9 Jul 20242 min read

Eni announces a new discovery offshore Mexico

Eni has announced a new discovery on the Yopaat-1 EXP exploration well in Block 9, approximately 63 km off the coast in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico.

ReconAfrica announces the spud of the Naingopo exploration well
9 Jul 20242 min read

ReconAfrica announces the spud of the Naingopo exploration well

Reconnaissance Energy Africa and its joint venture partner NAMCOR has announced the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73 onshore Northeast Namibia. Additionally, the Company announces a joint venture update as well as a warrant exercise update.

Shell awards Wood major engineering contract for floating offshore gas facility
9 Jul 20241 min read

Shell awards Wood major engineering contract for floating offshore gas facility

Wood has secured a six-year contract to provide brownfield engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) facility in Western Australia.

DNV validates Carbon8’s carbon capture and utilisation methodology
9 Jul 20242 min read

DNV validates Carbon8’s carbon capture and utilisation methodology

DNV has validated the methodology developed and used by Carbon8, an innovative cleantech company specialising in helping hard-to-abate industries reduce carbon emissions and landfilling of thermal residues.

Interocean reinforces significant growth with new premises
8 Jul 20242 min read

Interocean reinforces significant growth with new premises

Interocean Marine Services (Interocean) has announced its expansion into new Aberdeen and Glasgow premises, reinforcing significant growth for the maritime experts.

Deltic Energy announce formal award of UKCS Licence
8 Jul 20242 min read

Deltic Energy announce formal award of UKCS Licence

Deltic Energy has announced that it has accepted one of the two licences that were provisionally awarded by the North Sea Transition Authority in Tranche 3 of the UK's 33rd Offshore Licensing Round.

TotalEnergies and SLB partner on digital sustainability solutions
5 Jul 20242 min read

TotalEnergies and SLB partner on digital sustainability solutions

The new software will build on the earlier efforts of both partners with Intersect, a latest-generation reservoir simulator.

ADNOC and JBIC sign US$3 Billion green financing agreement
5 Jul 20242 min read

ADNOC and JBIC sign US$3 Billion green financing agreement

Abu Dhabi National Oil Company has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a US$3 billion (AED11 billion) green financing facility.

Intelligent Wellhead Systems and ProFrac Services announce new method for completions data transfer
5 Jul 20243 min read

Intelligent Wellhead Systems and ProFrac Services announce new method for completions data transfer

Intelligent Wellhead Systems, along with ProFrac, has announced the first successful field tests utilising MQTT (message queuing telemetry transport) protocol for the safe and efficient transfer and visualisation of wellsite data during hydraulic fracturing operations.

Paradigm appoints Drilling Services Country Manager for Saudi Arabia
4 Jul 20241 min read

Paradigm appoints Drilling Services Country Manager for Saudi Arabia

The company has announced the appointment of Khaled Wareth as Paradigm Drilling Services Country Manager for Saudi Arabia, in response to the heightened demand for the company’s drilling tools within the Middle East region.

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