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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.

Odfjell Technology works with Hunt Oil Company to achieve depth record for casing while drilling
28 Nov 20232 min read

Odfjell Technology works with Hunt Oil Company to achieve depth record for casing while drilling

By implementing the company’s CwD services, Hunt Oil reduced the number of runs required, with a saving on time and cost.

Suncor Energy announces restart of production at Terra Nova
28 Nov 20231 min read

Suncor Energy announces restart of production at Terra Nova

Suncor Energy has announced that the Terra Nova floating, production, storage and offloading vessel has safely restarted following the completion of the Terra Nova asset life extension project.

Vink Chemicals initiates construction of a new chemical plant in Germany
28 Nov 20231 min read

Vink Chemicals initiates construction of a new chemical plant in Germany

Around 45 new full-time jobs, in various disciplines, will be created at the site.

XCMG Machinery's electric workover rig has completed the cleaning of 10 oil pipelines in Northern China
27 Nov 20232 min read

XCMG Machinery's electric workover rig has completed the cleaning of 10 oil pipelines in Northern China

XCMG Machinery's electric workover rig has recently completed the cleaning of 10 oil pipelines in an oilfield in Northern China, which has reduced 25.812 t of carbon emissions for the oil exploitation project.

Côte d’Ivoire and Eni celebrate Baleine start up
24 Nov 20231 min read

Côte d’Ivoire and Eni celebrate Baleine start up

The President of the Republic of Côte d’Ivoire Alassane Ouattara, and Eni CEO Claudio Descalzi met in Abidjan to celebrate production start-up from the Baleine field, situated off the eastern coast of Côte d’Ivoire, and to review Eni's activities in the country.

Xodus: 100 North Sea storage sites needed to meet CCUS demand
24 Nov 20233 min read

Xodus: 100 North Sea storage sites needed to meet CCUS demand

The volume of CO2 being injected into the North Sea by 2050 will be equivalent to the natural gas currently being extracted from the basin, according to a new report from global energy consultancy Xodus.

Serica Energy announce execution of agreements for the acquisition of interest in GBA
23 Nov 20233 min read

Serica Energy announce execution of agreements for the acquisition of interest in GBA

Serica Energy has announced the execution of agreements for the acquisition of 30% non-operated interests in the P2498 and P2170 licences (together the Greater Buchan Area (GBA) from Jersey Oil & Gas (JOG).

BW Energy completes acquisition of the FPSO Cidade de Vitoria
23 Nov 20231 min read

BW Energy completes acquisition of the FPSO Cidade de Vitoria

BW Energy has completed the acquisition of the FPSO Cidade de Vitoria from Saipem S.p.A. The FPSO is currently producing approximately 10 000 bpd of oil from the Golfinho field offshore Brazil, supported by the Company’s local operating organisation.

Expro leads the largest surface well testing operation in Norway
22 Nov 20232 min read

Expro leads the largest surface well testing operation in Norway

Expro has been awarded a corporate frame agreement to deliver well testing services for Equinor in the Norwegian Continental Shelf (NCS).

McDermott awarded decommissioning contract by Santos
22 Nov 20231 min read

McDermott awarded decommissioning contract by Santos

McDermott has been awarded a sizeable engineering, procurement, removal and disposal contract by Santos. The offshore decommissioning award is for the full removal and disposal of the Campbell platform structure, which is part of the Varanus Island Hub offshore infrastructure in Western Australia.

TechnipFMC plc to sell measurement solutions business to One Equity Partners
22 Nov 20231 min read

TechnipFMC plc to sell measurement solutions business to One Equity Partners

The company has announced an agreement to sell the company’s measurement solutions business to One Equity Partners for US$205 million in cash, subject to customary adjustments at the closing of the transaction.

Equinor’s exploration and operations activities in Norway exceed 93 billion NOK
22 Nov 20233 min read

Equinor’s exploration and operations activities in Norway exceed 93 billion NOK

A new report shows that deliveries to exploration, operation and modification of Equinor-operated fields and onshore plants in Norway exceeded 93 billion NOK in 2022, an increase of approximately 13% from the previous year.

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