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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.

VAALCO Energy announces accretive all cash acquisition expanding its West African footprint
29 Feb 20241 min read

VAALCO Energy announces accretive all cash acquisition expanding its West African footprint

VAALCO Energy has announced that it has entered into a sales and purchase agreement to acquire Svenska Petroleum Exploration AB.

ABL appointed tow master to Mero 3 voyage
28 Feb 20241 min read

ABL appointed tow master to Mero 3 voyage

ABL has been awarded a contract by POSH Projects Pte. Ltd. to act as tow master to support and supervise the towage of the Mero 3 FPSO from Yantai, China, to Brazilian waters.

AkerBP’s Utsira High offshore project is awarded to Corinth Pipeworks
28 Feb 20241 min read

AkerBP’s Utsira High offshore project is awarded to Corinth Pipeworks

Corinth Pipeworks was awarded a contract from TechnipFMC for 27 km of high frequency welded (HFW), steel pipes for the Utsira High Project development project in the North Sea.

Alleima unveils new alloy designed specifically for subsea umbilicals
27 Feb 20241 min read

Alleima unveils new alloy designed specifically for subsea umbilicals

SAF™ 3007 represents the next generation of super-duplex seamless tubing developed specifically for the offshore oil and gas industry.

Dril-Quip secures key role in Woodside Trion development
27 Feb 20241 min read

Dril-Quip secures key role in Woodside Trion development

Dril-Quip has been chosen to supply the subsea wellhead systems for the Woodside Trion development offshore Mexico.

SNEPCo conducts remotely controlled well completion at Bonga 78
27 Feb 20242 min read

SNEPCo conducts remotely controlled well completion at Bonga 78

Shell Nigeria Exploration and Production Company (SNEPCo) has successfully completed the first remotely controlled well completion operation offshore Nigeria.

Serica Energy announce acquisition of interest in Greater Buchan area
26 Feb 20241 min read

Serica Energy announce acquisition of interest in Greater Buchan area

Serica Energy has announced the completion of the acquisition by its wholly owned subsidiary, Serica Energy (UK) Limited, of 30% non-operated interests in the P2498 and P2170 licences (together the Greater Buchan Area (‘GBA’)) from Jersey Oil & Gas (‘JOG’).

TAG Oil provides update on BED4-T100 Well
23 Feb 20241 min read

TAG Oil provides update on BED4-T100 Well

TAG Oil Ltd have provided an update on drilling progress of the BED4-T100 horizontal well in the Badr Oil Field the Western Desert of Egypt.

PGS awarded acquisition project in the Mediterranean
23 Feb 20241 min read

PGS awarded acquisition project in the Mediterranean

PGGS has been awarded a 3D project in the Mediterranean for a major energy company. The Ramform Hyperion is scheduled to start the survey early March and the project has a total duration of approximately 30 days.

Baker Hughes secures major multi-year well construction services contract with Petrobras
22 Feb 20242 min read

Baker Hughes secures major multi-year well construction services contract with Petrobras

Baker Hughes has announced a contract award from Petrobras for integrated well construction services in the Buzios field, offshore Brazil.

Perenco Oil & Gas Gabon spuds appraisal well close to Hylia South West discovery
22 Feb 20241 min read

Perenco Oil & Gas Gabon spuds appraisal well close to Hylia South West discovery

Perenco Oil & Gas Gabon has confirmed that it has spud an appraisal well in the vicinity of the Hylia South West discovery, offshore Gabon.

Ace Well Technology leverages completion product portfolio
22 Feb 20242 min read

Ace Well Technology leverages completion product portfolio

The company has leveraged its well completion product portfolio to grow its business in the Western hemisphere by almost 300% over the past year.

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