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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.

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.

Orcadian announce two year pilot licence extension
25 Oct 20232 min read

Orcadian announce two year pilot licence extension

Orcadian Energy has announced the NSTA is prepared to grant an extension on its P2244 licence in the Pilot field.

Revolutionising remote assistance within the oil and gas sector with video enhancement technology
25 Oct 20235 min read

Revolutionising remote assistance within the oil and gas sector with video enhancement technology

Niclas Elvgren, Head of the Professional Solutions Business Unit at Imint, considers how new video enhancement software is poised to unlock the full potential of remote assistance devices used within the oil and gas sector by addressing video quality issues.

TechnipFMC awarded flexible pipe contract
25 Oct 20231 min read

TechnipFMC awarded flexible pipe contract

TechnipFMC has been awarded a contract to manufacture flexible pipe by Woodside Energy.

Exebenus AS and Kongsberg Digital form partnership to enhance oil and gas operations efficiency
25 Oct 20232 min read

Exebenus AS and Kongsberg Digital form partnership to enhance oil and gas operations efficiency

The partnership leverages Exebenus SpotterTM, leading machine learning (ML) agents that will enhance Kongsberg Digital’s data collection, contextualisation and visualisation platform.

Equinor completes drilling of well in the Norwegian Sea
24 Oct 20231 min read

Equinor completes drilling of well in the Norwegian Sea

This is the first well in production licence 1058, which was issued in the Awards in Pre-defined Areas (APA) in 2019.

Rystad Energy: Chevron's acquisition of Hess accelerates new era of oil megamergers
24 Oct 20232 min read

Rystad Energy: Chevron's acquisition of Hess accelerates new era of oil megamergers

In response to the announcement today that Chevron will acquire Hess in a deal valued at US$60 billion, Rystad Energy is sharing a market update on the deal.

Chevron announces agreement to acquire Hess
24 Oct 20232 min read

Chevron announces agreement to acquire Hess

Chevron Corporation has announced that it has entered into a definitive agreement with Hess Corporation to acquire all of the outstanding shares of Hess in an all-stock transaction valued at US$53 billion.

Brazilian oil spill detection to be fitted with cloud solution
23 Oct 20233 min read

Brazilian oil spill detection to be fitted with cloud solution

Global oceans insights experts Miros, through local partner Belga Marine, has won a contract with Brazilian oil major Petrobras to update its existing oil spill detection efforts.

NEW PODCAST EPISODE (Season 2): Enabling sustainability with automation
Exclusive23 Oct 2023

NEW PODCAST EPISODE (Season 2): Enabling sustainability with automation

New episode of the Palladian Energy Podcast: Enabling sustainability with automation, with Rockwell Automation.

Transocean Ltd. issues quarterly Fleet Status Report
23 Oct 20231 min read

Transocean Ltd. issues quarterly Fleet Status Report

The report provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs.

Wood Mackenzie: Fast output recovery of oil and gas still challenging with easing of US sanctions on Venezuela
23 Oct 20232 min read

Wood Mackenzie: Fast output recovery of oil and gas still challenging with easing of US sanctions on Venezuela

Adrian Lara, Principal Research Analyst, Latin America Upstream Oil and Gas for Wood Mackenzie, addressing the US Treasury Department’s partially lifted sanctions on Venezuela’s oil and gas sector.

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