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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.

Well-Safe Solutions targets CCUS projects with Energy Transition Manager
17 Oct 20232 min read

Well-Safe Solutions targets CCUS projects with Energy Transition Manager

Well-Safe Solutions are adding carbon capture, usage and storage (CCUS) and geothermal project capabilities to their offering with the appointment of Alexa Duncan as the company’s first Energy Transition Manager.

Falcon Oil & Gas announces successful drilling of Amungee NW 3H horizontal well
17 Oct 20231 min read

Falcon Oil & Gas announces successful drilling of Amungee NW 3H horizontal well

Falcon Oil & Gas Ltd has announced that drilling operations on the Amungee NW 3H (A3H) well in EP98 have been successfully completed with Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran (B2) Pty Limited.

Expro celebrate 50 years in the North Sea
16 Oct 20233 min read

Expro celebrate 50 years in the North Sea

Expro is this year celebrating its golden anniversary of support to the North Sea energy industry and its highly successful 50 year connection with Great Yarmouth.

NSTA: Wells report reveals significant growth opportunities to be grasped
16 Oct 20234 min read

NSTA: Wells report reveals significant growth opportunities to be grasped

A total of 48 development wells were drilled and 12 exploration and appraisal wells completed in 2022, according to the Wells Insight Report, published by the North Sea Transition Authority (NSTA) on 12 October.

Intelligent Wellhead Systems appoints new Director of Strategy and Marketing
16 Oct 20232 min read

Intelligent Wellhead Systems appoints new Director of Strategy and Marketing

The company has announced that Tracy Gray has been appointed Director of Strategy and Marketing and joins the Executive team of IWS, effective immediately.

SLB, AWS and Shell collaborate to accelerate data platform adoption
13 Oct 20232 min read

SLB, AWS and Shell collaborate to accelerate data platform adoption

The companies have signed a multi-year three-way collaboration agreement to deliver digital end-to-end workflows for Shell, using SLB subsurface solutions on AWS cloud infrastructure.

SBM Offshore awarded FEED contracts for project in Guyana
13 Oct 20232 min read

SBM Offshore awarded FEED contracts for project in Guyana

The company has announced that it has been awarded contracts to perform front end engineering and design (FEED) for a floating production, storage and offloading vessel (FPSO) for the Whiptail development project in Guyana.

Aramco assesses possible investment in Shandong Yulong Petrochemical
12 Oct 20232 min read

Aramco assesses possible investment in Shandong Yulong Petrochemical

Shandong Yulong is currently in the process of completing the construction of a refining and petrochemicals complex that is designed to process around 400 000 bpd of crude oil. Aramco would potentially supply Shandong Yulong with crude oil and other feedstock.

Kosmos Energy announces oil discovery in the US Gulf of Mexico
12 Oct 20232 min read

Kosmos Energy announces oil discovery in the US Gulf of Mexico

Kosmos Energy has announced an oil discovery in the U.S. Gulf of Mexico at the Tiberius exploration well. Kosmos is operator of the well and has a 33.34% working interest alongside Occidental and Equinor ASA (both 33.33%).

ExxonMobil announces merger with Pioneer Natural Resources in an all-stock transaction
11 Oct 20232 min read

ExxonMobil announces merger with Pioneer Natural Resources in an all-stock transaction

The merger combines Pioneer’s more than 850 000 net acres in the Midland Basin with ExxonMobil’s 570 000 net acres in the Delaware and Midland Basins. Together, the companies will have an estimated 16 billion boe resource in the Permian.

Coretrax has successfully deployed its 1,000th CX-2 bridge plug during a project in the North Sea
11 Oct 20232 min read

Coretrax has successfully deployed its 1,000th CX-2 bridge plug during a project in the North Sea

Depositing cement into a well is key to placing effective environmental barriers as this prevents pollution at the surface and prohibits the emission of harmful methane gasses. This assists the oil and gas market to incorporate more environmentally responsible practices.

Vitesse has acquired additional oil and gas interests in the Williston Basin of North Dakota
11 Oct 20232 min read

Vitesse has acquired additional oil and gas interests in the Williston Basin of North Dakota

Vitesse has acquired additional oil and gas interests in the Williston Basin of North Dakota that will result in approximately US$50 million of acquisition and related development capital expenditures, primarily in the 3Q/4Q23.

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