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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.

Chevron announces US$6.5 billion sale of its interests in the Athabasca Oil Sands Project and Duvernay shale
7 Oct 20241 min read

Chevron announces US$6.5 billion sale of its interests in the Athabasca Oil Sands Project and Duvernay shale

Chevron Canada Ltd has announced that it and a related entity have agreed to sell their interests in the Athabasca Oil Sands Project and the Duvernay shale to Canadian Natural Resources Ltd.

Mermaid wraps up first phase of North Sea decommissioning campaign for Shell UK
7 Oct 20242 min read

Mermaid wraps up first phase of North Sea decommissioning campaign for Shell UK

Mermaid Subsea Services UK has completed the first stage of a major North Sea decommissioning contract for Shell UK Ltd.

Eni completes combination of UK upstream operations with Ithaca Energy
7 Oct 20241 min read

Eni completes combination of UK upstream operations with Ithaca Energy

Italian multinational energy company Eni has announced the completion of the combination of substantially all its upstream assets in the UK with Ithaca Energy.

Petrobras and Ecopetrol announce major gas finds in Colombia
7 Oct 20242 min read

Petrobras and Ecopetrol announce major gas finds in Colombia

Petrobras and Colombia's state-run oil and gas company, Ecopetrol, have reported two major gas discoveries in the country's offshore basins.

IndianOil and Nepal Oil Corporation sign agreement for petroleum projects in Nepal
7 Oct 20242 min read

IndianOil and Nepal Oil Corporation sign agreement for petroleum projects in Nepal

The MoU includes the extension of the Motihari – Amlekhgunj Petroleum Pipeline to Chitwan and the construction of new oil storage terminals and a transnational pipeline, says GlobalData.

Element announces strategic acquisition of ISS Inspection Services
4 Oct 20242 min read

Element announces strategic acquisition of ISS Inspection Services

Latest acquisition enables leading TIC services provider to further expand its capabilities in the fast-growing aerospace, space, defence, and energy industries.

AGR appointed by Equinor for subsurface support
4 Oct 20242 min read

AGR appointed by Equinor for subsurface support

AGR awarded a long-term frame agreement to provide subsurface and field development support related to project developments of Equinor’s facilities.

OPITO inaugurates advisory council to drive diversification
4 Oct 20242 min read

OPITO inaugurates advisory council to drive diversification

OPITO launches new energy industry council to address skills gap and competence challenges.

Wood Mackenzie: the North Sea’s oil and gas future hangs in the balance and requires a new fiscal regime
3 Oct 20243 min read

Wood Mackenzie: the North Sea’s oil and gas future hangs in the balance and requires a new fiscal regime

New Wood Mackenzie analysis defines the critical challenges to developing a more predictable tax policy that works for industry and government.

Rystad Energy's oil macro market update: 3 October 2024
3 Oct 20245 min read

Rystad Energy's oil macro market update: 3 October 2024

Intensifying Middle East crisis pushes prices; high spare capacity keeps them in check for now – Rystad Energy's oil macro market update.

Automated and digitalised future of the oil and gas industry at AUTOMA 2024
2 Oct 20242 min read

Automated and digitalised future of the oil and gas industry at AUTOMA 2024

AUTOMA 2024 will be held in Düsseldorf, Germany on 14 - 16 October 2024.

ExxonMobil accelerates African energy investments and frontier exploration
2 Oct 20242 min read

ExxonMobil accelerates African energy investments and frontier exploration

ExxonMobil is progressing several energy initiatives on the African continent.

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