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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.

TechnipFMC awarded significant subsea contract by bp in the Gulf of Mexico
18 Jan 20241 min read

TechnipFMC awarded significant subsea contract by bp in the Gulf of Mexico

TechnipFMC has been awarded a significant contract by bp for its Argos Southwest Extension project in the Mad Dog field. TechnipFMC will install pipe and an umbilical, tying back three new wells to the Argos platform in the Gulf of Mexico.

Norwegian Offshore Directorate: 24 companies offered ownership interests in production licences
17 Jan 20241 min read

Norwegian Offshore Directorate: 24 companies offered ownership interests in production licences

On 16 January 2024, 24 companies were offered ownership interests in a total of 62 production licences on the Norwegian shelf in awards in pre-defined areas (APA) 2023. This is an increase compared with the three previous years.

Coretrax acquires assets and software from Wireline Drilling Technologies
17 Jan 20242 min read

Coretrax acquires assets and software from Wireline Drilling Technologies

The company has already integrated the new assets and software, which include wireline pump units, drilling units and tractor modules into its existing technology.

Shell agrees to sell Nigerian onshore subsidiary, SPDC
17 Jan 20242 min read

Shell agrees to sell Nigerian onshore subsidiary, SPDC

Shell has reached an agreement to sell its Nigerian onshore subsidiary The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, a consortium of five companies comprising four exploration and production companies based in Nigeria and an international energy group.

Wintershall Dea awarded exploration licences on the Norwegian Continental Shelf
17 Jan 20242 min read

Wintershall Dea awarded exploration licences on the Norwegian Continental Shelf

The company has been awarded 13 exploration licences by the Norwegian Ministry of Energy in the 2023 Award in Predefined Areas (APA) – five licences as operator, and eight as partner.

Yokogawa announces dates of its Users Conference
17 Jan 20241 min read

Yokogawa announces dates of its Users Conference

Yokogawa Corp. of America and KBC (a Yokogawa Company) have announced the dates of their upcoming Users Conference, YNOW2024.

Strohm completes first TCP Jumper in West Africa for TotalEnergies
17 Jan 20241 min read

Strohm completes first TCP Jumper in West Africa for TotalEnergies

Strohm has supplied TotalEnergies with a thermoplastic composite pipe (TCP) Jumper, which has been commissioned in deep water (1600 m) in West Africa. This installation has followed a rigorous testing programme, during which TotalEnergies qualified the Netherlands-based company's TCP Jumper for permanent subsea applications.

Vallourec to support multi-energy project for TotalEnergies in Iraq
17 Jan 20241 min read

Vallourec to support multi-energy project for TotalEnergies in Iraq

The company has signed a contract with TotalEnergies for the supply of casing and tubing and associated accessories for the first phase of the Gas Growth Integrated Project (GGIP) in Iraq.

Equinor awarded 39 new production licences on the Norwegian continental shelf
17 Jan 20242 min read

Equinor awarded 39 new production licences on the Norwegian continental shelf

Equinor was awarded 39 new production licences by the Ministry of Energy in this year's Awards in Predefined Areas (APA).

FutureOn and Rystad energy launch cost estimation tool for energy industry
16 Jan 20242 min read

FutureOn and Rystad energy launch cost estimation tool for energy industry

FutureOn and Rystad Energy have launched a collaborative digital tool which integrates up-to-date cost estimation with live project data for energy developments. This enables accelerated project delivery and efficiency for customers across the energy supply chain.

DTEK purchases STRYDE seismic system for Ukraine oil and gas exploration
16 Jan 20242 min read

DTEK purchases STRYDE seismic system for Ukraine oil and gas exploration

The new contract will see STRYDE deliver its portable and agile nodal system to support the operator with oil and gas exploration, enabling cost-effective operations with a quicker project turnaround.

THREE60 Energy secures BW Offshore contracts
16 Jan 20242 min read

THREE60 Energy secures BW Offshore contracts

THREE60 Energy has secured two engineering and construction contracts with global offshore floating energy solutions provider, BW Offshore.

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