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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/Drilling & production

Drilling & production News

Browse the latest drilling & production news and articles.

Maersk Drilling given contract extension to drill world record well offshore Angola
15 Oct 20212 min read

Maersk Drilling given contract extension to drill world record well offshore Angola

The Ondjaba-1 well will be drilled at a new world record water depth of 3628 m.

Valaris drillship receives ABS Enhanced Electrical System Notation
12 Oct 20212 min read

Valaris drillship receives ABS Enhanced Electrical System Notation

Valaris upgraded the vessel’s electrical system to secure the notation, which recognises sophisticated system design to improve reliability and enhance protection.

Tailwind Energy completes development well at Evelyn field
11 Oct 20211 min read

Tailwind Energy completes development well at Evelyn field

The Evelyn field is expected to be on production, via the Triton FPSO, in 4Q22.

GlobalData: BHP merger adds complications for Woodside’s energy transition narrative
8 Oct 20212 min read

GlobalData: BHP merger adds complications for Woodside’s energy transition narrative

According to GlobalData, the merger adds significant oil production for Woodside and will ultimately lead to a more carbon-intensive product base over the near term.

Gazprom and Petrofac create partnership
8 Oct 20212 min read

Gazprom and Petrofac create partnership

The companies will collaborate to drive industry standardisation and sustainable development, as Russia’s energy sector seeks to encourage industry participation by international companies in its drive to expand at home and abroad.

Recoverable resource estimate for Stabroek block increased
7 Oct 20212 min read

Recoverable resource estimate for Stabroek block increased

The updated resource estimate of approximately 10 billion boe includes another significant discovery on the Stabroek block at the Cataback well.

P&O Maritime Logistics completes project support for Tengiz oilfield development
7 Oct 20213 min read

P&O Maritime Logistics completes project support for Tengiz oilfield development

Over 200 000 MT of oil production equipment was carried through the Russian Inland Water System to the Tengiz field in Kazakhstan.

COSL Offshore Management to drill Statfjord wells for Equinor
7 Oct 20212 min read

COSL Offshore Management to drill Statfjord wells for Equinor

Four wells on Statfjord Øst will be drilled with the COSLPromoter rig from the spring of 2023.

TMK and Weatherford to cooperate in provision of oilfield services
7 Oct 20212 min read

TMK and Weatherford to cooperate in provision of oilfield services

The agreement, signed at the St. Petersburg International Gas Forum, documents the intention of both parties to work together in jointly determining applications and solutions that can benefit from the introduction of new technologies for oilfield services.

OGUK: UK gas production will fall 75% by 2030 without new investment
6 Oct 20212 min read

OGUK: UK gas production will fall 75% by 2030 without new investment

The output of the UK’s gas fields in the North Sea and Irish Sea is falling, partly because, according to OGUK, too few new fields have been developed.

Saipem awarded onshore drilling contracts in Middle East and South America
6 Oct 20211 min read

Saipem awarded onshore drilling contracts in Middle East and South America

The new contracts are worth a total of US$70 million.

Shell restarts Olympus platform
5 Oct 20211 min read

Shell restarts Olympus platform

Shell's remaining assets in the Mars corridor in the Gulf of Mexico, Mars and Ursa, remain shut in.

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