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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.

Wood secures extension to brownfield projects contract with Woodside Energy
15 Aug 20231 min read

Wood secures extension to brownfield projects contract with Woodside Energy

Wood has been awarded a contract extension by Woodside Energy to support ongoing operations of the North West Shelf project in Australia.

Crude pricing could rise further into autumn say IEA
14 Aug 20232 min read

Crude pricing could rise further into autumn say IEA

Crude pricing could rise further into autumn, but demand growth could slow dramatically next year, according to the International Energy Agency (IEA).

Fugro completes remotely operated subsea inspection using USV
14 Aug 20233 min read

Fugro completes remotely operated subsea inspection using USV

The site survey and inspection of an offshore gas platform in UAE waters was executed entirely from an on-shore remote operations centre (ROC) using Fugro’s Blue Essence® technology.

TWMA awarded contract to support oil and gas project for bp
14 Aug 20232 min read

TWMA awarded contract to support oil and gas project for bp

The drilling waste management specialists will utilise its RotoMill® drill cuttings processing technology to process all drilling waste generated from bp’s WND & END exploration and development project in the Mediterranean Sea.

Approval for Global to enter next phase of Licence PEL 94 Namibia
14 Aug 20232 min read

Approval for Global to enter next phase of Licence PEL 94 Namibia

Global has announced that it has been granted approval to proceed with next stage in Namibian basin.

Solstad wins vessel contracts offshore Brazil
14 Aug 20231 min read

Solstad wins vessel contracts offshore Brazil

Solstad has been awarded a pair of vessel contracts offshore Brazil worth US$100 million.

Saipem awarded offshore contract for BGUP project in Libya
11 Aug 20231 min read

Saipem awarded offshore contract for BGUP project in Libya

The company has been awarded a new contract by Mellitah Oil & Gas B.V. Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa, for the development of the Bouri Gas Utilisation Project.

Sapiem awarded drilling and offshore contracts
11 Aug 20232 min read

Sapiem awarded drilling and offshore contracts

Saipem has been awarded two new contracts, the first by Eni Congo and the other by BP, for a total value of around US$700 million.

Texas drilling permit and completion statistics are announced
11 Aug 20231 min read

Texas drilling permit and completion statistics are announced

The Railroad Commission of Texas issued a total of 772 original drilling permits in July 2023.

Saipem awarded two E&C offshore contracts in Romania and Germany
10 Aug 20232 min read

Saipem awarded two E&C offshore contracts in Romania and Germany

The company has been awarded two new contracts for E&C offshore activities in Europe, specifically in Romania and in Germany, with a total value of approximately €1.8 billion.

Palantir Technologies Inc. and Azule Energy partner on software to optimise upstream production
10 Aug 20231 min read

Palantir Technologies Inc. and Azule Energy partner on software to optimise upstream production

Palantir Foundry will help Azule Energy manage their current 200 000 bpd oil production and support their growth goal of 250 000 bpd.

Unity partners with Hiber on bringing digital well monitoring solution to Europe
10 Aug 20233 min read

Unity partners with Hiber on bringing digital well monitoring solution to Europe

The digital data system is already used by oil and gas producers, including Shell, Santos, Dacian Petroleum and Niger Delta Petroleum Resources.

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