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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.

Decom Engineering celebrates success of new C1-32 Chopsaw on North Sea project
22 Nov 20243 min read

Decom Engineering celebrates success of new C1-32 Chopsaw on North Sea project

Decom Engineering buoyant after success of new C1-32 Chopsaw on Brent Charlie project.

Global Underwater Hub reports early success in tackling subsea challenges
21 Nov 20245 min read

Global Underwater Hub reports early success in tackling subsea challenges

Influential forum reports early success in tackling subsea challenges related to ageing offshore infrastructure.

Learning to love computer vision
Exclusive21 Nov 2024

Learning to love computer vision

Cameron Devers, Tyler Abla, and Gage Russell, Taurex Drill Bits, USA, delve into the use of computer vision for PDC cutter damage classification, demonstrating how advanced image analysis is transforming the field.

ExxonMobil transfers Block 52 offshore Suriname to Petronas
21 Nov 20241 min read

ExxonMobil transfers Block 52 offshore Suriname to Petronas

ExxonMobil Exploration & Production Suriname B.V. has formally notified Suriname’s national energy company, Staatsolie, that it will withdraw from Block 52 in the Surinamese offshore area effective 14 November 2024.

DeepOcean awarded eight year IMR contract by Equinor
21 Nov 20243 min read

DeepOcean awarded eight year IMR contract by Equinor

DeepOcean said the eight year contract will set a new benchmark for digitalised and environmentally friendly IMR operations.

Global oil and gas contract value declines in 3Q24
21 Nov 20243 min read

Global oil and gas contract value declines in 3Q24

Global oil and gas contract value declines despite steady volume in 3Q24, reveals GlobalData.

DUG and PetroVision sign collaborative agreement for seismic data processing solutions
21 Nov 20241 min read

DUG and PetroVision sign collaborative agreement for seismic data processing solutions

DUG Technology has announced a new partnership with PetroVision aimed at promoting and delivering specialised seismic data processing solutions in Nigeria.

LandBridge announces agreement to acquire 46 000 surface acres in the Southern Delaware Basin
20 Nov 20241 min read

LandBridge announces agreement to acquire 46 000 surface acres in the Southern Delaware Basin

The acquisition increases LandBridge holdings to roughly 272 000 surface acres.

COP29: TotalEnergies and Oil India announce collaboration on methane emissions detection and measurement
20 Nov 20242 min read

COP29: TotalEnergies and Oil India announce collaboration on methane emissions detection and measurement

TotalEnergies and Oil India Limited (OIL) have signed a Cooperation Agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA technology at OIL sites in India.

Oil States introduces Low Impact Workover Package at  SPE ICoTA 30th European Well Intervention Conference
20 Nov 20241 min read

Oil States introduces Low Impact Workover Package at SPE ICoTA 30th European Well Intervention Conference

The technology will debut at the SPE/ICoTA 30th European Well Intervention Conference, supporting the event’s “Empowering Tomorrow” theme.

EIA: Northwest US and western Canadian natural gas prices trade at historic lows in 2024
19 Nov 20242 min read

EIA: Northwest US and western Canadian natural gas prices trade at historic lows in 2024

The EIA has reported that monthly average natural gas spot prices at northwestern US and western Canada border pricing hubs reached historic lows in 2024 through October, according to data from Natural Gas Intelligence. Robust natural gas production in western Canada, where output has generally increased over the last two years, and high natural gas inventories in the region contributed to the low prices.

PPL announces third consecutive hydrocarbon discovery in Shah Bandar Block, Sindh
19 Nov 20242 min read

PPL announces third consecutive hydrocarbon discovery in Shah Bandar Block, Sindh

The achievement is expected to contribute significantly to Pakistan's energy security.

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