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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.

Subsea7 awarded contract offshore West Africa
21 May 20251 min read

Subsea7 awarded contract offshore West Africa

Subsea7 will be responsible for transporting and installing flexible pipelines, umbilicals, and associated subsea components for the connection of a floating production, storage and offloading (FPSO) vessel as well as the pre-laying activities for an upcoming drilling campaign.

ADNOC and Tubacex sign agreement to localise oilfield technology in the UAE
21 May 20252 min read

ADNOC and Tubacex sign agreement to localise oilfield technology in the UAE

Agreement grants ADNOC exclusive rights to Tubacex’s tubular joint connection technology which is used for completing oil and gas wells.

Report: Over 50% of top oil and gas firms hit by data breaches in last 30 days
20 May 20253 min read

Report: Over 50% of top oil and gas firms hit by data breaches in last 30 days

New analysis shows that over 50% of the top oil and gas companies worldwide have suffered data breaches in the past 30 days.

Subsea7 awarded contract offshore Norway
20 May 20252 min read

Subsea7 awarded contract offshore Norway

The FEED study will finalise the technical definition of the proposed subsea development.

Quorum Software and Dragon Oil sign MoU for digital transformation
20 May 20252 min read

Quorum Software and Dragon Oil sign MoU for digital transformation

Quorum Software and Dragon Oil forge strategic alliance to accelerate digital transformation and operational excellence.

ADNOC deepens energy partnerships with US companies
20 May 20254 min read

ADNOC deepens energy partnerships with US companies

Strategic agreements announced during UAE-US business dialogue with President Trump will potentially enable US$60 billion of US investments in UAE energy projects.

Sinopec announces shale gas exploration breakthrough, achieves vertical well depth of 5300 m
19 May 20252 min read

Sinopec announces shale gas exploration breakthrough, achieves vertical well depth of 5300 m

The breakthrough will boost the gas reserves and production efficiency in the Puguang area as well as contribute to the development of ultra-deep shale gas in the Sichuan Basin.

Rhino Resources and Halliburton deliver the first two exploration wells on Block 2914 in Namibia
16 May 20252 min read

Rhino Resources and Halliburton deliver the first two exploration wells on Block 2914 in Namibia

These exploration wells are the first to be completed entirely from in-country infrastructure through Halliburton’s newly established operational bases in Walvis Bay, Swakopmund, and Lüderitz.

INEOS and Royal Wagenborg launch the first European built offshore CO2 carrier for CCS
15 May 20253 min read

INEOS and Royal Wagenborg launch the first European built offshore CO2 carrier for CCS

The launch and naming of ‘Carbon Destroyer 1’ marks a major breakthrough for Project Greensand and carbon capture and storage across the EU.

Eni announces production start-up from Merakes East field, offshore Indonesia
15 May 20253 min read

Eni announces production start-up from Merakes East field, offshore Indonesia

Merakes East is located in a water depth of 1600 m, approximately 10 km east of the Merakes Field. It is tied back via a subsea connection to the Jangkrik Floating Production Unit (FPU) operated by Eni, situated around 50 km away.

STATS Group pioneers cold-work connectors for titanium pipeline sector
15 May 20253 min read

STATS Group pioneers cold-work connectors for titanium pipeline sector

STATS Group has developed mechanical pipe connectors for installation on titanium pipework.

Aramco announces 34 MoUs and agreements with US companies worth US$90 billion
15 May 20254 min read

Aramco announces 34 MoUs and agreements with US companies worth US$90 billion

Aramco has announced the signing of 34 Memoranda of Understanding (MoUs) and agreements, with a potential total value of approximately US$90 billion, with major US companies, through its Aramco Group Companies.

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