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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.

Technip Energies awarded offshore compression project in Qatar
29 Apr 20251 min read

Technip Energies awarded offshore compression project in Qatar

Technip Energies awarded a significant engineering contract for the North Field Production Sustainability Offshore Compression Project in Qatar.

Decom Engineering outlines contract wins in Americas, Africa and Australia
28 Apr 20253 min read

Decom Engineering outlines contract wins in Americas, Africa and Australia

Contract wins in Americas, Africa and Australia boost growth at subsea cutting specialist Decom Engineering.

bp: Rhino Resources reports results of Capricornus 1-X well in Namibia’s Orange Basin
28 Apr 20252 min read

bp: Rhino Resources reports results of Capricornus 1-X well in Namibia’s Orange Basin

bp has confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia’s Orange Basin, as reported by operator Rhino Resources.

BW Energy announces substantial oil discovery at Bourdon field offshore Gabon
25 Apr 20252 min read

BW Energy announces substantial oil discovery at Bourdon field offshore Gabon

Management estimates indicate 56 million barrels oil in place of which approximately 25 million barrels are considered recoverable.

Weatherford and AIQ sign strategic partnership to accelerate efficiency in energy production
24 Apr 20252 min read

Weatherford and AIQ sign strategic partnership to accelerate efficiency in energy production

The collaboration aims to integrate Weatherford's software and hardware solutions, including the Modern Edge suite, Unified Data Model, and WFRD Software Launchpad, with AIQ's AI-driven systems.

FPSO reliability and filtration
Exclusive23 Apr 2025

FPSO reliability and filtration

Pete McGuigan, Global LNG Market Manager, Filtration & Energy Solutions Division, Parker Filtration Group, explores the critical factors in selecting air intake filtration equipment for FPSO applications.

Rystad Energy: Saudi Arabia slashes crude burn, taps gas for power generation by 2030
23 Apr 20253 min read

Rystad Energy: Saudi Arabia slashes crude burn, taps gas for power generation by 2030

Crude burn – the direct use of crude oil in power plants and industrial facilities, primarily for electricity generation – has long been a staple in Saudi Arabia’s energy mix.

Crescent Energy completes accretive sale of non-operated Permian Basin assets
23 Apr 20251 min read

Crescent Energy completes accretive sale of non-operated Permian Basin assets

Crescent Energy Company has announced the closing of the sale of non-operated Permian Basin assets to a private buyer for US$83 million in cash, subject to customary post-closing purchase price adjustments. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 thousand boe/d (~35% oil).

TotalEnergies announces first oil from Ballymore field, offshore USA
22 Apr 20251 min read

TotalEnergies announces first oil from Ballymore field, offshore USA

TotalEnergies has announced the start of production from the deepwater Ballymore field offshore US, in which the Company has a 40% interest alongside operator Chevron (60%).

ADNOC Drilling awarded US$1.63 billion, five year integrated drilling services contract
21 Apr 20253 min read

ADNOC Drilling awarded US$1.63 billion, five year integrated drilling services contract

Long-term contracting model consistently delivers sustainable value for shareholders, with fleet and energy services expansion driving growth.

Global Underwater Hub and Subsea Innovation Cluster Australia join forces to boost subsea sector
18 Apr 20253 min read

Global Underwater Hub and Subsea Innovation Cluster Australia join forces to boost subsea sector

Global Underwater Hub (GUH) to help UK companies capitalise on significant opportunities in Australia from oil and gas to decommissioning, CCS and offshore wind.

CSA designs custom-built mobile science lab for Chevron Mediterranean Limited
18 Apr 20252 min read

CSA designs custom-built mobile science lab for Chevron Mediterranean Limited

CSA Ocean Sciences Inc. (CSA) has completed a consultancy project for Chevron Mediterranean Limited (CML).

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