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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.

SLB announces new partnership with Shell to expand deployment of subsurface digital technology
7 Apr 20252 min read

SLB announces new partnership with Shell to expand deployment of subsurface digital technology

The adoption of Petrel software is designed to increase digital capabilities and drive operating cost efficiencies.

Matador Resources Company announces sale of Eagle Ford assets
7 Apr 20251 min read

Matador Resources Company announces sale of Eagle Ford assets

Matador Resources Company has announced the sale of its remaining Eagle Ford shale position in South Texas.

INEOS Energy completes the acquisition of oil and gas assets in US Gulf from CNOOC
4 Apr 20252 min read

INEOS Energy completes the acquisition of oil and gas assets in US Gulf from CNOOC

INEOS Energy has announced the completion of the acquisition of the US Gulf business held by CNOOC Energy Holdings USA. Inc., a US subsidiary of CNOOC International Limited (CNOOC).

bpTT announces start of production from new Cypre gas project
3 Apr 20252 min read

bpTT announces start of production from new Cypre gas project

bp Trinidad and Tobago (bpTT) has confirmed its Cypre development has safely delivered its first gas.

SLB awarded major drilling contract by Woodside Energy for ultra-deepwater Trion development, offshore Mexico
2 Apr 20252 min read

SLB awarded major drilling contract by Woodside Energy for ultra-deepwater Trion development, offshore Mexico

Global energy technology company SLB has been awarded a major drilling contract by Australian independent Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico.

NEO Energy announces strategic merger with Repsol’s UK business
1 Apr 20252 min read

NEO Energy announces strategic merger with Repsol’s UK business

NEO Energy has announced a strategic merger with Repsol Resources UK, creating a leading independent producer in the North Sea.

Equinor brings Johan Castberg oilfield onstream
31 Mar 20253 min read

Equinor brings Johan Castberg oilfield onstream

Equinor has announced the Johan Castberg oilfield in the Barents Sea has come onstream. The field will be producing for 30 years.

Izomax acquires IK Engineering and IK Group US Inc.
31 Mar 20252 min read

Izomax acquires IK Engineering and IK Group US Inc.

Izomax accelerates global growth with acquisition of IK Engineering and IK Group US Inc.

Equinor, Shell, and TotalEnergies announce final investment decision on Northern Lights CCS expansion
28 Mar 20253 min read

Equinor, Shell, and TotalEnergies announce final investment decision on Northern Lights CCS expansion

Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights development.

Equinor industrialising plugging operations on the Norwegian continental shelf
28 Mar 20253 min read

Equinor industrialising plugging operations on the Norwegian continental shelf

According to the plan Island Innovator will permanently plug 15 to 20 wells annually for a total of nine licences.

Ithaca Energy announces acquisition of JAPEX UK E&P Ltd, building interest in the Seagull field
27 Mar 20252 min read

Ithaca Energy announces acquisition of JAPEX UK E&P Ltd, building interest in the Seagull field

The transaction, which is subject to the satisfaction of certain conditions including regulatory approval, will increase Ithaca Energy’s working interest in Seagull from 35% to 50%, equalling bp’s interest as the field operator.

bp and Iraq finalise contract for Kirkuk redevelopment
26 Mar 20252 min read

bp and Iraq finalise contract for Kirkuk redevelopment

bp has received final government ratification for its contract to invest in the redevelopment of several giant oilfields in Kirkuk, in the north of Iraq.

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