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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.

CNOOC Ltd begins production at Xijiang oilfields
22 Oct 20241 min read

CNOOC Ltd begins production at Xijiang oilfields

The project is located in the eastern South China Sea, with an average water depth of about 98 m.

TAQA launches inflow control technology
21 Oct 20242 min read

TAQA launches inflow control technology

The M4 Inflow Control System technology incorporates an advanced pilot control system that is super sensitive to density, making it suitable for a wide range of oil types, including ultra-light, light, medium, and heavy oils.

Saipem announces annulment of two year contracting ban in Brazil
21 Oct 20241 min read

Saipem announces annulment of two year contracting ban in Brazil

Under Brazilian law, an appeal phase must follow, during which the effects of the annulment ruling are suspended.

CRC Evans completes successful multi-million campaign offshore Nigeria
21 Oct 20243 min read

CRC Evans completes successful multi-million campaign offshore Nigeria

CRC Evans has successfully completed its work scope to deliver a range of welding services to support First E&P’s Alpha Project located offshore Nigeria.

Taroom Gas infrastructure MoU signed with AGIG
21 Oct 20241 min read

Taroom Gas infrastructure MoU signed with AGIG

The MoU promotes developing new gas infrastructure for Elixir’s Taroom Trough gas resources.

SLB announces agreement to sell its interests in Palliser Block
18 Oct 20241 min read

SLB announces agreement to sell its interests in Palliser Block

The transaction is expected to close late in 4Q24.

ADNOC and AIQ accelerate deployment of AR360 AI solution
18 Oct 20242 min read

ADNOC and AIQ accelerate deployment of AR360 AI solution

Adnoc says the solution to be deployed on more than 30 ADNOC reservoirs, following successful initial deployment.

OMMICA supports Middle East’s largest unconventional gas field
18 Oct 20242 min read

OMMICA supports Middle East’s largest unconventional gas field

This marks the first project in which OMMICA has delivered solutions to Saudi Arabia.

Hungary's MOL Group and Turkish Petroleum sign MoU for exploration
18 Oct 20241 min read

Hungary's MOL Group and Turkish Petroleum sign MoU for exploration

Under the Memorandum of Understanding (MoU), MOL Group and Turkish Petroleum have expressed their intention to jointly provide their experience, technical and commercial knowledge, techniques and financial resources.

Proserv secures contract with Aker Solutions to supply a Multiphase Sampling Unit
17 Oct 20241 min read

Proserv secures contract with Aker Solutions to supply a Multiphase Sampling Unit

The technology offers a small footprint system that allows for selective phase sampling from a multiphase flowline when no production test separator exists for continuous, repeatable sampling.

CNOOC Ltd signs four concession contracts for exploration blocks offshore Brazil
17 Oct 20241 min read

CNOOC Ltd signs four concession contracts for exploration blocks offshore Brazil

The contracts were signed for a total of 4 blocks, S-M-1813 in the Santos Basin, P-M-1737/39/97 in the Pelotas Basin, acquired from the 4th Permanent Concession Offer Cycle, all located offshore Brazil.

Perenco announces drilling of three new development wells, onshore Colombia
17 Oct 20242 min read

Perenco announces drilling of three new development wells, onshore Colombia

Perenco Colombia has announced the successful drilling of three new development wells on the Paravare and Chaparrito fields on the plains of Casanare, onshore Colombia.

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