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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.

Aker BP to use DeepOcean-operated unmanned surface vessel
10 Oct 20233 min read

Aker BP to use DeepOcean-operated unmanned surface vessel

Aker BP have agreed to pioneer the use of an unmanned surface vessel (USV) for subsea inspection, maintenance and repair (IMR) and survey work.

Vår Energi agrees to sell 12.25% stake in Brage field to Petrolia
10 Oct 20232 min read

Vår Energi agrees to sell 12.25% stake in Brage field to Petrolia

Vår Energi has reached an agreement with Petrolia NOCO (Petrolia) to sell its 12.25% stake in the Brage field on the Norwegian Continental Shelf.

World oil outlook 2023 sees global oil demand at 116 mb/d in 2045
10 Oct 20232 min read

World oil outlook 2023 sees global oil demand at 116 mb/d in 2045

The WOO offers a detailed review and assessment of the medium- and long-term prospects for the global oil and energy to 2045.

Turan Drilling & Engineering awarded US$300 million offshore drilling contract extension in Azerbaijan
9 Oct 20231 min read

Turan Drilling & Engineering awarded US$300 million offshore drilling contract extension in Azerbaijan

Turan Drilling & Engineering, a KCA Deutag and SOCAR AQS Company, has secured a contract extension, with a value of US$300 million, for the provision of offshore drilling operations and maintenance services in Azerbaijan.

ABB and ODS partnership to enable custody transfer
9 Oct 20232 min read

ABB and ODS partnership to enable custody transfer

ABB has announced a partnership with ODS Metering Systems, an independent manufacturer of custody transfer flow measurement solutions, that will see ABB’s Flow-X computers support an increasing number of oil and gas customers with an automation platform for custody transfer.

Jadestone Energy’s Akatara project reaches 70% completion
9 Oct 20233 min read

Jadestone Energy’s Akatara project reaches 70% completion

The Akatara development project is now 70% complete, delivering on the end-September 2023 progress target of 65%. Long-lead time items continue to arrive at site on schedule and the project remains on track for commissioning in 1Q24 and first gas before mid 2024.

Saipem awarded new contract by ADNOC in the United Arab Emirates worth around US$4.1 billion
6 Oct 20231 min read

Saipem awarded new contract by ADNOC in the United Arab Emirates worth around US$4.1 billion

Saipem, in consortium with National Petroleum Construction Company (NPCC), has signed today a letter of award with ADNOC for a new contract related to the Hail and Ghasha development project.

Drilling at Mayaya Centro-X1 shows signs of a new oil basin
6 Oct 20232 min read

Drilling at Mayaya Centro-X1 shows signs of a new oil basin

The drilling of the Mayaya Centro-X1 IE well (stratigraphic investigation), located in the north of the department of La Paz, shows signs of a new oil basin in the northern sub-Andean region, says President of YPFB.

BOEM announces updated terms for Gulf of Mexico oil and gas lease sale
6 Oct 20231 min read

BOEM announces updated terms for Gulf of Mexico oil and gas lease sale

The bureau of ocean energy management (BOEM) will publish its updated final notice of sale (FNOS) for Gulf of Mexico Oil and gas lease sale 261 in the Federal Register.

SLB launches methane measurement instrument
5 Oct 20232 min read

SLB launches methane measurement instrument

The company has introduced a self-installed continuous methane monitoring system that uses IoT-enabled sensors to detect, locate and quantify emissions across oil and gas operations.

TotalEnergies closes sale of its 50% interest in Surmont to ConocoPhillips
5 Oct 20231 min read

TotalEnergies closes sale of its 50% interest in Surmont to ConocoPhillips

The company has also signed an agreement to sell to Suncor the entirety of the shares of TotalEnergies EP Canada Ltd., comprising its participation in the Fort Hills oil sands asset and associated midstream commitments.

QatarEnergy wins new Egypt offshore exploration block
5 Oct 20231 min read

QatarEnergy wins new Egypt offshore exploration block

QatarEnergy has been awarded a new exploration block offshore the Arab Republic of Egypt as part of the 2022 EGAS International bid round.

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