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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.

Iran adds 10 trillion ft3 of gas to its reserves
9 Oct 20251 min read

Iran adds 10 trillion ft3 of gas to its reserves

A new discovery in the Pazan gas field in southern Iran has been made with 10 trillion ft3 of natural gas, Oil Minister Mohsen Paknejad said on Monday according to his ministry's news outlet Shana.

EIA adjusts forecast for US oil production as producers set a record in July 2025
8 Oct 20253 min read

EIA adjusts forecast for US oil production as producers set a record in July 2025

The US Energy Information Administration (EIA) forecasts in its October Short-Term Energy Outlook (STEO) that US crude oil production will average 13.5 million bpd in both 2025 and 2026, both slightly higher than the agency’s September forecast.

Hunting executing US$20 million OCTG contract with deliveries for offshore Guyana
8 Oct 20252 min read

Hunting executing US$20 million OCTG contract with deliveries for offshore Guyana

The order marks a significant milestone in building the company’s international OCTG business and reinforces its presence in this strategically important energy region.

DNV: Policy reversals in the US will have marginal impact on global energy transition
8 Oct 20253 min read

DNV: Policy reversals in the US will have marginal impact on global energy transition

Ninth edition of DNV’s Energy Transition Outlook finds that policy reversals in the US will only have a marginal impact on the global energy transition.

Hunting launches Opti-TEK™: Smarter, Safer Well Interventions at the upcoming ADIPEC and ICoTA Europe exhibitions
8 Oct 20251 min read

Hunting launches Opti-TEK™: Smarter, Safer Well Interventions at the upcoming ADIPEC and ICoTA Europe exhibitions

Hunting PLC has announced the launch of Opti-TEK™, a new suite of Optimised Intervention Technologies designed to help operators extend well life, reduce downtime and improve decision-making - while lowering operational costs and environmental impact.

Pantheon: successful completion of fracture stimulation operations for Dubhe-1
8 Oct 20252 min read

Pantheon: successful completion of fracture stimulation operations for Dubhe-1

Pantheon Resources plc gives a Dubhe-1 operational update.

Wood Mackenzie: North Sea production can remain within emissions targets even if commercial reserves were increased by 50%
8 Oct 20255 min read

Wood Mackenzie: North Sea production can remain within emissions targets even if commercial reserves were increased by 50%

Wood Mackenzie analysis reveals that UK Continental Shelf (UKCS) production scope 1, 2 and 3 emissions outperform the Intergovernmental Panel on Climate Change's global net zero emissions pathway by 25 - 50 million t CO2e per annum.

Last Mile Production announces sale of carbon tokens from decommissioned O&G facility
7 Oct 20254 min read

Last Mile Production announces sale of carbon tokens from decommissioned O&G facility

Last Mile Production turns decommissioning liabilities into financeable climate assets via insured, high-integrity carbon tokens.

SBM Offshore and Cognite to collaborate on AI for floating production
7 Oct 20252 min read

SBM Offshore and Cognite to collaborate on AI for floating production

SBM Offshore and Cognite partner to accelerate AI and data collaboration to optimise floating production operations.

Able secures decommissioning contracts from Allseas for two TAQA UK platforms
7 Oct 20253 min read

Able secures decommissioning contracts from Allseas for two TAQA UK platforms

The decommissioning contracts from Allseas are for two of TAQA UK’s flagship platforms.

Nicola Mavilla is appointed Senior Vice-President Exploration of TotalEnergies
6 Oct 20251 min read

Nicola Mavilla is appointed Senior Vice-President Exploration of TotalEnergies

TotalEnergies announces the appointment of Nicola Mavilla as Senior Vice President Exploration of the Company, with effect from 1st November 2025. Nicola Mavilla is replacing Kevin McLachlan, who held this position since 2015.

Forum Energy Technologies secures work-class ROV order
6 Oct 20251 min read

Forum Energy Technologies secures work-class ROV order

The order is scheduled for delivery in late 2025. The equipment will support DOF’s extensive subsea operations in Brazil.

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