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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.

CORTEC launches new Wellhead Plug Catcher
4 Aug 20221 min read

CORTEC launches new Wellhead Plug Catcher

The company has launched its new, compact, Wellhead Plug Catcher, which is installed directly between the wellhead and the production choke.

Logan Industries successfully completes space saving coiled tubing reeler project for OneSubsea
4 Aug 20223 min read

Logan Industries successfully completes space saving coiled tubing reeler project for OneSubsea

This is the first unit Logan has delivered with a removable drum, which means the unit footprint can remain static on the vessel while the drums can be taken to a shore base for unspooling and respooling.

Neptune Energy awards £10 million vessel services contract to Sentinel Marine
3 Aug 20222 min read

Neptune Energy awards £10 million vessel services contract to Sentinel Marine

Neptune Energy has announced the award of a £10 million three-year vessel services contract to Sentinel Marine, to provide offshore support for its operated Cygnus gas field in the UK southern North Sea.

Hess announces two discoveries offshore Guyana
3 Aug 20223 min read

Hess announces two discoveries offshore Guyana

The discoveries, which are the sixth and seventh this year, will add to the block’s previously announced gross discovered recoverable resource estimate of approximately 11 billion barrels of oil equivalent.

GlobalData: Surging oil and gas demand to boost subsea production
3 Aug 20222 min read

GlobalData: Surging oil and gas demand to boost subsea production

The ongoing Russia-Ukraine conflict is expected to support the development of offshore and subsea projects around the world, says GlobalData.

Saipem awarded offshore E&C contract in Italy
2 Aug 20221 min read

Saipem awarded offshore E&C contract in Italy

The company has been awarded an offshore E&C contract by Enimed, a subsidiary of Eni S.p.A., for the Transportation and Installation of an offshore gas pipeline connecting the four wells of Argo and Cassiopea Fields to the Sicilian coast (Italy).

CGG and bp sign multi-year data transformation agreement
1 Aug 20222 min read

CGG and bp sign multi-year data transformation agreement

CGG, a global technology and HPC leader, has announced a major multi-year global data transformation and curation agreement with bp, that will play a key role in supporting bp’s subsurface digital strategy.

Nova 1st oil: Wintershall Dea increases production volumes in Norway
1 Aug 20225 min read

Nova 1st oil: Wintershall Dea increases production volumes in Norway

The expected recoverable gross reserves from the field are estimated at 90 million boe, of which the majority will be oil, an amount which will help support Europe’s energy supply.

Bilfinger awarded annual offshore maintenance contract for Shell’s Gulf of Mexico facilities
1 Aug 20221 min read

Bilfinger awarded annual offshore maintenance contract for Shell’s Gulf of Mexico facilities

The industrial services provider will be responsible for all routine maintenance services and fabrication across Shell’s Deepwater GOM fleet for a minimum of three years, with the option to extend for a further two years.

Dry well near the Brage field in the North Sea – 31/4-A-13 C
1 Aug 20222 min read

Dry well near the Brage field in the North Sea – 31/4-A-13 C

Wintershall Dea Norge AS, operator of production licence 055, has concluded the drilling of wildcat well 31/4-A-13 C.

ExxonMobil announces second-quarter 2022 results
29 Jul 20225 min read

ExxonMobil announces second-quarter 2022 results

Exxon Mobil Corporation has announced estimated second-quarter 2022 earnings of US$17.9 billion, or US$4.21 per share assuming dilution. Second-quarter results included a favourable identified item of nearly US$300 million associated with the sale of the Barnett Shale Upstream assets.

Petrobras signs an agreement with a project aimed at fishermen in lagoon systems around the Campos Basin
29 Jul 20222 min read

Petrobras signs an agreement with a project aimed at fishermen in lagoon systems around the Campos Basin

The project, selected by the Petrobras Socio-environmental Program, will work with almost 800 direct participants from traditional fishing communities in the municipalities of Cabo Frio, São Pedro da Aldeia, Saquarema and Maricá until 2024, totalling 24 months of duration.

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