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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.

Veolia/Peterson joint venture given North Sea decommissioning contract
22 Mar 20223 min read

Veolia/Peterson joint venture given North Sea decommissioning contract

The 83-m high steel jacket, weighing around 8500 t, will also be delivered by Allseas’ Pioneering Spirit construction vessel in April.

Petrofac awarded North Sea contract extension with Spirit Energy
22 Mar 20221 min read

Petrofac awarded North Sea contract extension with Spirit Energy

The contract includes the provision of Operations and Maintenance support for Spirit Energy’s York platform in the Southern North Sea, and Engineering, Project, and Consultancy services for all of the operator’s North Sea assets.

BP invests in UK unmanned aviation and methane tech firm
22 Mar 20222 min read

BP invests in UK unmanned aviation and methane tech firm

Flylogix will leverage the funding round to expand to new geographies, including the US, Norway and Trinidad & Tobago.

Aker Solutions delivers Njord A platform to Equinor
22 Mar 20223 min read

Aker Solutions delivers Njord A platform to Equinor

Significant upgrades have been carried out on the hull and the platform deck of Njord A to extend its lifetime for another 20 years of production.

Baker Hughes acquires Altus Intervention
21 Mar 20222 min read

Baker Hughes acquires Altus Intervention

Altus Intervention, headquartered in Norway and operating in 11 countries, specialises in fully integrated well intervention solutions, including proprietary technology.

Eni and Sonatrach make oil and gas discovery onshore Algeria
21 Mar 20221 min read

Eni and Sonatrach make oil and gas discovery onshore Algeria

Preliminary estimates of the size of the discovery in the Berkine North Basin are around 140 million barrels of oil in place.

KCA Deutag suspends new investments in Russia
21 Mar 20221 min read

KCA Deutag suspends new investments in Russia

In a statement, Joseph Elkhoury, KCA Deutag's CEO, said the company had suspended all new investments in Russia and is evaluating its options relating to its Russian business.

Neptune Energy confirms discovery of hydrocarbons at Hamlet well
21 Mar 20221 min read

Neptune Energy confirms discovery of hydrocarbons at Hamlet well

The operations in the reservoir section are still at an early stage and it has yet to be confirmed if commercial volumes are present.

Halliburton, Schlumberger and Baker Hughes suspend Russia operations
21 Mar 20222 min read

Halliburton, Schlumberger and Baker Hughes suspend Russia operations

All three companies have said they will fulfil any existing activity in full compliance with applicable international laws and sanctions.

Weatherford cased-hole evaluation system wins OTC Asia award
18 Mar 20221 min read

Weatherford cased-hole evaluation system wins OTC Asia award

The company's Memory Raptor cased-hole evaluation system has won an Offshore Technology Conference Asia (OTC Asia) Spotlight on New Technology award for OTC Asia 2022 Exhibitors.

Shell releases new plan for Jackdaw field development
18 Mar 20221 min read

Shell releases new plan for Jackdaw field development

Shell said in the new environmental development plan of the Jackdaw field that it aims to start production from the field, which will supply 6.5% of Britain's gas output, by 3Q25 or 4Q25.

Verlume and consortium partners progress development of robotic fish designed to enable efficient offshore inspection regimes
18 Mar 20223 min read

Verlume and consortium partners progress development of robotic fish designed to enable efficient offshore inspection regimes

The agile biomimetic autonomous underwater vehicle (AUV), named RoboFish, is made up of several self-contained modules with self-managed battery and actuator control for full-body, autonomous movement around underwater structures.

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