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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.

Elemental Energies and Archer announce global joint venture
13 Nov 20243 min read

Elemental Energies and Archer announce global joint venture

Elemental Energies and Archer announce global P&A well engineering joint venture.

General Galactic announces US$8 million in funding for fossil-free natural gas production technology
13 Nov 20242 min read

General Galactic announces US$8 million in funding for fossil-free natural gas production technology

The investment was co-led by Harpoon Ventures and Refactor Capital, with participation from Pathbreaker, BoxGroup, Seraphim, Plug and Play, Impact First and Climate Capital.

Halliburton opens new facilities in Namibia
13 Nov 20242 min read

Halliburton opens new facilities in Namibia

Halliburton Company will open new facilities in Namibia highlighting the importance of the country’s growing oil and gas industry. The facilities, which will support the company’s in-country operations, are located in Windhoek, Walvis Bay, Swakopmund, and Lüderitz.

GeoPark announces exploration success at Confluencia Norte
13 Nov 20242 min read

GeoPark announces exploration success at Confluencia Norte

GeoPark Ltd, an independent Latin American oil and gas explorer, operator, and consolidator, has announced the successful start of production in the Confluencia Norte Block (GeoPark non-operated, 50% WI) in Rio Negro, Argentina.

CRC Evans wins major contract with COOEC for Qatar’s Ruya LNG Expansion project
12 Nov 20242 min read

CRC Evans wins major contract with COOEC for Qatar’s Ruya LNG Expansion project

CRC Evans wins major contract with COOEC to deliver advanced welding services for Qatar’s Ruya LNG Expansion project.

DeepOcean and Exceed partner for vessel-based P&A
12 Nov 20242 min read

DeepOcean and Exceed partner for vessel-based P&A

Ocean services provider DeepOcean and well management and reservoir specialist EXCEED have entered into a collaboration agreement to supply vessel-based well plug and abandonment (P&A) services to the global decommissioning market.

QatarEnergy announces acquisition of interest in offshore Egypt exploration block from Chevron
12 Nov 20241 min read

QatarEnergy announces acquisition of interest in offshore Egypt exploration block from Chevron

QatarEnergy has entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, in the Mediterranean Sea offshore Egypt.

Mermaid completes largest vessel-based UK North Sea decommissioning campaign ever
11 Nov 20242 min read

Mermaid completes largest vessel-based UK North Sea decommissioning campaign ever

More than 20 wells plugged and abandoned for North Sea client, engineered in 2023 and executed in 2024.

ADNOC awards US$196.2 million manufacturing contracts
11 Nov 20242 min read

ADNOC awards US$196.2 million manufacturing contracts

ADNOC has announced the award of contracts valued at AED720 million ($196.2 million) for local manufacturing of a wide range of products across its value chain. The announcement was made at ADNOC’s Business Partnership Forum which was held on the sidelines of ADIPEC.

Pantheon Resources announces spudding of Megrez-1 well
11 Nov 20242 min read

Pantheon Resources announces spudding of Megrez-1 well

Pantheon Resources plc, an oil and gas company developing the Kodiak and Ahpun oil fields in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, has announced the spudding of the Megrez-1 well to explore the eastern topsets in the Ahpun field, immediately adjacent to pipeline and road infrastructure.

Equinor signs agreement to acquire share in Norwegian assets
8 Nov 20241 min read

Equinor signs agreement to acquire share in Norwegian assets

Equinor has signed an agreement to acquire Sval Energi’s 11.8% share in the Halten East Unit. With this acquisition, Equinor increases its ownership to 69.5%.

Absolute greenhouse gas emissions from Canadian oilsands near-flat in 2023 even as production grew
8 Nov 20242 min read

Absolute greenhouse gas emissions from Canadian oilsands near-flat in 2023 even as production grew

Annual growth in absolute emissions was less than 1% for third consecutive year.

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