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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.

McDermott awarded FEED contract by Repsol in the Gulf of Mexico
6 Dec 20241 min read

McDermott awarded FEED contract by Repsol in the Gulf of Mexico

McDermott has been awarded a front-end engineering design (FEED) contract by Repsol Exploración México S.A. for the Polok and Chinwol field development project in the Gulf of Mexico.

Wood signs a trio of global engineering and project delivery agreements with bp
5 Dec 20242 min read

Wood signs a trio of global engineering and project delivery agreements with bp

John Wood Group PLC has signed three major agreements with bp to provide engineering and project delivery services for their capital projects worldwide.

Equinor and Shell to create the UK’s largest independent oil and gas company
5 Dec 20243 min read

Equinor and Shell to create the UK’s largest independent oil and gas company

The incorporated joint venture (IJV) will be set up to sustain domestic oil and gas production and security of energy supply in the UK.

Aramco, Carbon Clean and SAMSUNG E&A partner on carbon capture plant
4 Dec 20242 min read

Aramco, Carbon Clean and SAMSUNG E&A partner on carbon capture plant

Aramco, Carbon Clean and SAMSUNG E&A partner on new carbon capture technology.

Crescent Energy announces acquisition of Eagle Ford assets from Ridgemar Energy
4 Dec 20242 min read

Crescent Energy announces acquisition of Eagle Ford assets from Ridgemar Energy

The transaction, which has an effective date of 1 October is expected to close in 1Q25, subject to customary closing conditions.

Sintana Energy: successful appraisal at the Mopane 1-A well
3 Dec 20242 min read

Sintana Energy: successful appraisal at the Mopane 1-A well

Sintana Energy Inc. has provided the following further update regarding the second campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin.

CNOOC: Jinzhou 23-2 oilfield development project commences production
3 Dec 20241 min read

CNOOC: Jinzhou 23-2 oilfield development project commences production

CNOOC Ltd has announced that Jinzhou 23-2 Oilfield Development Project has commenced production.

Innovex completes purchase of Downhole Well Solutions
3 Dec 20241 min read

Innovex completes purchase of Downhole Well Solutions

Innovex previously made a minority investment in DWS in May 2023.

DNO strikes oil in new play offshore Norway
2 Dec 20242 min read

DNO strikes oil in new play offshore Norway

Light oil was discovered in Palaeocene sandstones of good reservoir quality with preliminary estimates of gross recoverable resources in the range of 27 – 57 million boe on a P90-P10 basis, with a mean of 41 million boe.

Ghana’s Springfield completes Afina appraisal well with 12 000 bpd on the horizon
2 Dec 20243 min read

Ghana’s Springfield completes Afina appraisal well with 12 000 bpd on the horizon

Springfield Exploration and Production has successfully completed appraisal well test activity at the Afina oil and gas discovery, offshore Ghana.

Fulkrum announces new Iraq entity and major gas project
2 Dec 20242 min read

Fulkrum announces new Iraq entity and major gas project

Fulkrum, a leader in inspection, expediting, auditing, and technical staffing services, announces the launch of its new entity in Iraq. This significant milestone comes as Fulkrum secures a multi-million USD contract to provide surveillance services for a major Gas Hub development project in the region.

CNOOC announces production at Huizhou 26-6 oilfield development project
2 Dec 20241 min read

CNOOC announces production at Huizhou 26-6 oilfield development project

CNOOC Ltd has announced that the Huizhou 26-6 Oilfield Development Project has commenced production.

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