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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.

Equinor signs supply agreement for natural gas with RWE
30 Oct 20232 min read

Equinor signs supply agreement for natural gas with RWE

RWE and Equinor have signed a new supply contract for between 10 and 15 TWh of natural gas per year from now until 2028.

Unity launches Wellhead Integrity Verification Programme
30 Oct 20233 min read

Unity launches Wellhead Integrity Verification Programme

The company has launched a programme for operators and integrated service providers beginning to plan their well abandonment operations.

Bangladesh government approves new offshore model production sharing contract
30 Oct 20231 min read

Bangladesh government approves new offshore model production sharing contract

TGS, in partnership with SLB and Petrobangla, completed the first phase of a 2D seismic acquisition programme in April 2023.

The FPSO Almirante Barroso achieves full production in record time
27 Oct 20231 min read

The FPSO Almirante Barroso achieves full production in record time

The floating production vessel, Almirante Barroso, which operates in the Búzios field, in the pre-salt layer of the Santos Basin, reached full production (150 thousand bpd) on 24 October.

CNOOC commences production from Enping 18-6 oil field in South China Sea
27 Oct 20231 min read

CNOOC commences production from Enping 18-6 oil field in South China Sea

CNOOC Limited has announced that Penglai 19-3 Oilfield Area 5/10 Development Project has commenced production

ReconAfrica enters into definitive agreement for the sale of its Mexico operations
27 Oct 20232 min read

ReconAfrica enters into definitive agreement for the sale of its Mexico operations

Pursuant to a share purchase agreement entered into between Chame Energy Corporation and the company, Chame has agreed to purchase all of the issued and outstanding shares of Renaissance Oil Corp.

Production has started from Kobra East & Gekko (KEG) in the Alvheim area
27 Oct 20233 min read

Production has started from Kobra East & Gekko (KEG) in the Alvheim area

Aker BP has announced that production has started from Kobra East and Gekko (KEG) in the Alvheim area. KEG is operated by Aker BP, with ConocoPhillips Skandinavia AS as partner.

Offshore approval wait times reach 562 days
27 Oct 20232 min read

Offshore approval wait times reach 562 days

Australia’s oil and gas industry has called for the Commonwealth to fix the offshore regulatory system after the logjam of energy supply and carbon capture projects awaiting approval was exposed.

Coretrax secures project to boost production for Middle East operator
26 Oct 20232 min read

Coretrax secures project to boost production for Middle East operator

The company will deploy its ReLineMNS and ReLineHYD expandable casing patches to effectively isolate trouble zones and increase recovery on the operator’s existing wells.

Proserv and SMS launch joint sampling service centre in Malaysia
26 Oct 20233 min read

Proserv and SMS launch joint sampling service centre in Malaysia

With the launch of the sampling service centre in KSB, Malaysian clients can now access and procure Proserv’s solutions locally, bringing time savings and alleviating logistical complexities.

35 North Sea firms back bid to improve workers’ mental health
26 Oct 20232 min read

35 North Sea firms back bid to improve workers’ mental health

The group behind a drive to improve mental health in the North Sea has praised the response to its call to arms after a further 29 organisations signed up to its mental health and well-being charter.

Oil discovered near the Brage field in the North Sea
26 Oct 20232 min read

Oil discovered near the Brage field in the North Sea

Recoverable oil was proven in connection with drilling well 31/4-A 13 E in the northern part of the North Sea. OKEA ASA is the operator.

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