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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.

Weatherford reports Q4 results
26 Jan 20104 min read

Weatherford reports Q4 results

Weatherford International Ltd has reported Q4 2009 income from continuing operations of US$ 15 million, or US$ 0.02 per diluted share, excluding an after tax loss of US$ 0.06.

Nord Stream announces second pipe tender
25 Jan 20102 min read

Nord Stream announces second pipe tender

Nord Stream has commissioned three steel producers to supply a total of 1 million t of pipes, to be used on its second pipeline.

ExxonMobil completes first two extended reach wells at Odoptu
25 Jan 20102 min read

ExxonMobil completes first two extended reach wells at Odoptu

ExxonMobil has announced the successful completion of the first two extended reach wells at the Odoptu field offshore eastern Russia, employing one of the world's most powerful land based rigs. ExxonMobil subsidiary Exxon Neftegas Ltd (ENL) is operator on behalf of the five company international Sakhalin-1 Consortium.

Fairfield Industries changes its name to FairfieldNodal
25 Jan 20101 min read

Fairfield Industries changes its name to FairfieldNodal

After 30 years as Fairfield Industries, the seismic data acquisition and technology company has officially changed its name to FairfieldNodal. According to the company the new name was chosen because it better reflects its expertise across the full spectrum of nodal technology.

Total and ConocoPhillips sanction phase two of the Surmont project
22 Jan 20102 min read

Total and ConocoPhillips sanction phase two of the Surmont project

Total and ConocoPhillips have announced the sanction of the Surmont Phase 2 SAGD (steam assisted gravity drainage) development in Canada. The project will increase Surmont’s production capacity from 27 000 - 11 000 bbls of bitumen per day.

Iraq and Shell consortium sign the Majnoon oilfield contract
21 Jan 20101 min read

Iraq and Shell consortium sign the Majnoon oilfield contract

The Ministry of Oil of the Republic of Iraq, Shell and Petronas have signed a 20 year contract to provide technical assistance in the development of the Majnoon oilfield.

Cirrus announces Netherlands operational update
21 Jan 20103 min read

Cirrus announces Netherlands operational update

Cirrus Energy Corp. has announced an operational update regarding ongoing activities in its wholly owned subsidiary, Cirrus Energy Nederland BV in The Netherlands. The company’s 2010 drilling programme is expected to include a total of four to five wells.

EXCO’s operations in Marcellus Shale will continue as planned
20 Jan 20102 min read

EXCO’s operations in Marcellus Shale will continue as planned

EXCO Resources, Inc. confirmed that its Marcellus Shale exploration and production activities, including drilling, are proceeding as planned with no interruption of its 2010 business goals.

DNV establishes an offshore committee in China
19 Jan 20102 min read

DNV establishes an offshore committee in China

DNV has recently established the Greater China Offshore Committee. Mr Zhou Shouwei, Vice General Manager of CNOOC and Academician of the Chinese Academy of Engineering, accepted DNV’s invitation to be the Chairman of the committee.

Developments in carbon capture and storage
19 Jan 20104 min read

Developments in carbon capture and storage

An overview of recent developments in carbon capture and storage

GAIL gains in fourth quarter
19 Jan 20102 min read

GAIL gains in fourth quarter

GAIL India’s profits are up; the company invests heavily in pipelines in the next three years

Statoil and Baker Hughes test first rotary steerable liner while drilling system
18 Jan 20102 min read

Statoil and Baker Hughes test first rotary steerable liner while drilling system

Statoil has tested the world’s first rotary steerable liner while drilling system, which was jointly developed by Statoil and Baker Hughes Inc.

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