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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.

Expro completes well cementing project in deepwater Us Gulf of Mexico
13 Nov 20231 min read

Expro completes well cementing project in deepwater Us Gulf of Mexico

The company has completed a well cement placement project for a large international operator in the US Gulf of Mexico, delivering an inner-string cementing on a subsea well's 22 in. surface casing in a water depth of approximately 2000 m.

CGX and Frontera make discoveries offshore Guyana
13 Nov 20236 min read

CGX and Frontera make discoveries offshore Guyana

The companies have announced the discovery of a total of 114 ft (35 m) of net pay at the Wei-1 well on the Corentyne block, approximately 200 km offshore from Georgetown, Guyana.

Aker BP and Aibel commence Munin platform construction
10 Nov 20233 min read

Aker BP and Aibel commence Munin platform construction

On Thursday 02 November, Aker BP and Aibel celebrated the first steel cut for the Munin platform in Thailand.

EIA reports that growing US oil production increased natural gas production by 9% in 2022
10 Nov 20232 min read

EIA reports that growing US oil production increased natural gas production by 9% in 2022

In 2022, annual production of associated-dissolved natural gas (or associated natural gas) increased 9% in the major US onshore crude oil-producing regions, mostly due to an 8% increase in crude oil production.

FPSO Liza Unity purchase by ExxonMobil is complete
10 Nov 20231 min read

FPSO Liza Unity purchase by ExxonMobil is complete

SBM Offshore and ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation, have completed the transaction related to the purchase of FPSO Liza Unity.

McDermott awarded transportation and installation contract by ONGC
9 Nov 20232 min read

McDermott awarded transportation and installation contract by ONGC

McDermott has been awarded a transportation and installation contract by the Oil and Natural Gas Corporation (ONGC) for the KG-DWN-98/2 development project, located off the east coast of India.

M&P announce the restart of activity in Venezuela
9 Nov 20232 min read

M&P announce the restart of activity in Venezuela

M&P have announced the signing of a set of agreements with PdVSA for the immediate restart of the activity of M&P’s mixed company in Venezuela

Well-Safe Defender adds Appleton well to Spirit Energy scope
9 Nov 20232 min read

Well-Safe Defender adds Appleton well to Spirit Energy scope

The company has signed an agreement with Spirit Energy to add a well from the Appleton field to the existing scope of the Well-Safe Defender semi-submersible rig.

First oil carbon intensity certification
9 Nov 20232 min read

First oil carbon intensity certification

Locus Bio-Energy’s AssurEOR STIM® biosurfactant technology has been certified to reduce the carbon intensity and boost production of crude oil and natural gas operations.

Kenera secures new orders from Arabian Drilling for key drilling technologies
8 Nov 20232 min read

Kenera secures new orders from Arabian Drilling for key drilling technologies

Kenera has secured a contract to deliver five top drives and five iron roughnecks to Arabian Drilling for new build rigs to operate on a major project in Saudi Arabia.

PGS contract award in Mediterranean
8 Nov 20231 min read

PGS contract award in Mediterranean

PGS is awarded a 3D exploration contract in the Mediterranean. The Ramform Titan is scheduled to mobilise for the survey in December and the contract has a total duration of approximately 160 days.

Lime Petroleum to acquire 4 million boe net contingent resources in Brasse Field
8 Nov 20232 min read

Lime Petroleum to acquire 4 million boe net contingent resources in Brasse Field

Lime Petroleum AS has entered into sale and purchase agreements with DNO Norge AS (‘DNO’) and OKEA ASA (‘OKEA’), to acquire 10.7212% and 6.2788% interests respectively in PL740 in the Norwegian North Sea, in which the Brasse Field is expected to start commercial production in 2027.

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