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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.

Saipem: award by INPEX of a FEED contract for the FPSO module of the Abadi LNG project in Indonesia
14 Aug 20252 min read

Saipem: award by INPEX of a FEED contract for the FPSO module of the Abadi LNG project in Indonesia

The contract was granted following a technical and commercial pre-selection process. It now enters a competitive dual FEED phase, where two separate consortia will propose independent technical solutions.

Saipem marks First Steel Cut for Tangguh UCC Project at Karimun Yard
14 Aug 20251 min read

Saipem marks First Steel Cut for Tangguh UCC Project at Karimun Yard

The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp Indonesia.

First of two production wells spudded at Bestla development in Norway
14 Aug 20252 min read

First of two production wells spudded at Bestla development in Norway

Lime Petroleum AS is pleased to share that the operator of PL740 Bestla, in which Lime has a 17% interest, has on 4 August 2025, spudded the first of two production wells.

Ambipar and SBM Offshore in joint initiative to develop robotic solution for tank cleaning on oil platforms
13 Aug 20252 min read

Ambipar and SBM Offshore in joint initiative to develop robotic solution for tank cleaning on oil platforms

This is a joint collaboration to reinforce commitment to safety and sustainability in the oil and gas sector.

Precision pre-commissioning
13 Aug 20253 min read

Precision pre-commissioning

Darrel Sookdeo, Vice President, Process Services, EnerMech, explores the role of pre-commissioning in Guyana’s Gas-to-Energy future.

Wood Mackenzie launches Prospect Valuation and AI-powered Analogues to unlock advantaged oil and gas resources
13 Aug 20252 min read

Wood Mackenzie launches Prospect Valuation and AI-powered Analogues to unlock advantaged oil and gas resources

The new tools will enable companies to focus upstream investment on advantaged resources, those with the most robust economics and lowest carbon footprints.

UK’s first ROUV certified under Workboat Code 3 as Lloyd’s Register awards compliance to ACUA Ocean’s PIONEER
12 Aug 20252 min read

UK’s first ROUV certified under Workboat Code 3 as Lloyd’s Register awards compliance to ACUA Ocean’s PIONEER

The certification represents a significant development in the evolution of regulatory pathways for uncrewed and autonomous vessels operating in UK waters.

DNV inspection to provide quality assurance for two of UK’s first CCS projects
12 Aug 20253 min read

DNV inspection to provide quality assurance for two of UK’s first CCS projects

The company has signed three-year contracts to support Net Zero Teesside Power and Northern Endurance Partnership.

Expro marks major milestone in international expansion with first fully remote five-plug cementing operation in Saudi Arabia
12 Aug 20253 min read

Expro marks major milestone in international expansion with first fully remote five-plug cementing operation in Saudi Arabia

The successful multi-stage job has demonstrated time savings, hands-free operation, and global applicability.

Valmet signs broad Brazil valve deal with Petrobras
11 Aug 20252 min read

Valmet signs broad Brazil valve deal with Petrobras

Valmet signs a strategic agreement to deliver valve services to Petrobras in Brazil.

AIQ and SLB to advance development and deployment of Agentic AI Solution across ADNOC’s subsurface operations
11 Aug 20252 min read

AIQ and SLB to advance development and deployment of Agentic AI Solution across ADNOC’s subsurface operations

The AI solution combines large language model (LLM) technology with cutting-edge agentic AI, which is trained for specific workflows across ADNOC’s upstream value chain.

Sinopec achieves a new breakthrough in China’s Sichuan Basin
11 Aug 20251 min read

Sinopec achieves a new breakthrough in China’s Sichuan Basin

This marks the birth of the first shale oil field in the Sichuan Basin, as well as the first oil field in Chongqing.

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