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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.

Keppel Corporation Limited and Sembcorp Marine Ltd to merge
27 Apr 20221 min read

Keppel Corporation Limited and Sembcorp Marine Ltd to merge

The combined entity will be well-positioned to capture opportunities arising from decarbonisation in the oil & gas sector.

Strong progress towards net zero for Shell
26 Apr 20222 min read

Strong progress towards net zero for Shell

Shell has published its Energy Transition Progress Report 2021 detailing the company’s progress over the past year. This report will be put to shareholders for an advisory vote at the Annual General Meeting on 24 May 2022.

Greater Ekofisk Area production licenses extended
26 Apr 20223 min read

Greater Ekofisk Area production licenses extended

The Ministry of Petroleum and Energy (MPE) has extended the production licenses in the Greater Ekofisk Area from 2028 to 2048.

MacDermid releases water-based hydraulic fluid for offshore drilling rigs
26 Apr 20222 min read

MacDermid releases water-based hydraulic fluid for offshore drilling rigs

The hydraulic fluid is designed to meet the complex needs of the drilling industry quickly and efficiently.

Kongsberg Digital signs agreement with oil major
26 Apr 20222 min read

Kongsberg Digital signs agreement with oil major

After a delivery of Kongsberg Digital’s digital twin solution Kognitwin® on two assets, one of the world’s largest energy corporations are now expanding their contract, adding four more assets.

£7 million funding available for innovative CUI technologies
26 Apr 20221 min read

£7 million funding available for innovative CUI technologies

Are you a trailblazing business with a game changing idea? The Net Zero Technology Centre's 2022 Open Innovation Programme is now open, targeting and funding technologies to enable the energy transition.

BUTTING completes GluBi pipe order for Hod oil field
26 Apr 20222 min read

BUTTING completes GluBi pipe order for Hod oil field

At the end of March, Subsea 7 announced the successful reel-laying of the GluBi® project for the Hod oil field in the Norwegian sector of the North Sea.

Petrobras concludes the sale of E&P assets in the Paraná Basin
25 Apr 20222 min read

Petrobras concludes the sale of E&P assets in the Paraná Basin

The amount received at the closing adds to the amount of US$56 700 paid to Petrobras when the sale contracts were signed, totalling an amount of US$63 000.

TechnipFMC and Aker Solutions win 2022 NOIA Safety in Seas Awards
25 Apr 20224 min read

TechnipFMC and Aker Solutions win 2022 NOIA Safety in Seas Awards

TechnipFMC is the 2022 NOIA Safety in Seas Culture of Safety Award winner and Aker Solutions is recognised for the 2022 NOIA Safety in Seas Safety Practice award.

Rystad Energy publishes oil market note from senior vice president of analysis
25 Apr 20223 min read

Rystad Energy publishes oil market note from senior vice president of analysis

Global oil demand is expected to reduce as a result of slowing economic activity and GDP growth cuts.

CNOOC announces that two projects have commenced production
25 Apr 20221 min read

CNOOC announces that two projects have commenced production

CNOOC announced that Luda 5-2 oilfield north phase I project and Kenli 6-1 oilfield 4-1 block development project have commenced production.

Romar International and Abrado Wellbore Services merge to form Romar-Abrado
22 Apr 20222 min read

Romar International and Abrado Wellbore Services merge to form Romar-Abrado

The combined entities will offer advanced milling and swarf handling services to deliver verifiable, emission-free well barriers and predictable alternative zonal isolation solutions to the plugging and abandonment (P&A) industry.

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