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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.

Woodside and Trinidad agree on commercial terms for Calypso deepwater gas project
13 Feb 20252 min read

Woodside and Trinidad agree on commercial terms for Calypso deepwater gas project

The agreement unites two deepwater blocks, with Woodside confirming 3.5 trillion ft3 of natural gas reserves.

Seatrium and bp sign MOU for second deepwater FPU project
13 Feb 20252 min read

Seatrium and bp sign MOU for second deepwater FPU project

Seatrium and bp sign Memorandum of Understanding for second deepwater Floating Production Unit project.

CNOOC Ltd announces production from Bozhong 26-6 oilfield development project
7 Feb 20252 min read

CNOOC Ltd announces production from Bozhong 26-6 oilfield development project

CNOOC Limited has announced that Bozhong 26-6 Oilfield Development Project (Phase I) has commenced production.

Crescent Energy closes accretive central Eagle Ford bolt-on
3 Feb 20251 min read

Crescent Energy closes accretive central Eagle Ford bolt-on

Crescent Energy Company has announced the closing of its acquisition of Central Eagle Ford assets from Ridgemar Energy for upfront consideration of US$905 million, consisting of US$830 million in cash and 5 454 546 shares of Class A common stock.

Halliburton announces offshore drilling contract with Petrobras
31 Jan 20252 min read

Halliburton announces offshore drilling contract with Petrobras

The contract scope includes drilling services for development and exploration wells over a three-year period.

Methane detection company Bridger Photonics announces record growth and new CEO
29 Jan 20254 min read

Methane detection company Bridger Photonics announces record growth and new CEO

Bridger Photonics, provider of aerial methane detection, has announced that the company continued to experience massive growth and market adoption for its advanced methane detection solutions in 2024 and is implementing a major leadership transition to support its continued scaling.

Diversified Energy announces acquisition of Maverick Natural Resources
29 Jan 20254 min read

Diversified Energy announces acquisition of Maverick Natural Resources

Diversified Energy has announced that it has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company of EIG, for total consideration of approximately US$1275 million.

Salunda announces oil and gas monitoring solutions installed on four drilling ships in Guyana
24 Jan 20253 min read

Salunda announces oil and gas monitoring solutions installed on four drilling ships in Guyana

Salunda has announced it has integrated its Red Zone monitoring solutions on four drilling rigs in Guyana with Intellilift’s digital technologies to deliver automated location and control of critical equipment and personnel.

Chevron achieves first oil at Future Growth Project in Kazakhstan
24 Jan 20252 min read

Chevron achieves first oil at Future Growth Project in Kazakhstan

Chevron Corporation has announced that its 50% owned affiliate Tengizchevroil LLP (TCO) has started oil production at its Future Growth Project (FGP) located at the Tengiz oil field in Kazakhstan.

Pakistan’s Oil & Gas Development Company Ltd. announces production optimisation at Kunnar oilfield
23 Jan 20252 min read

Pakistan’s Oil & Gas Development Company Ltd. announces production optimisation at Kunnar oilfield

The Oil & Gas Development Company Ltd. (OGDC) of Pakistan has announced enhancement of oil production Kunnar-12 and Kunnar-6 wells at the Kunnar oilfield, resulting in incremental production of 1160 bpd of oil.

Wood wins significant new maintenance contract with Esso Australia
20 Jan 20252 min read

Wood wins significant new maintenance contract with Esso Australia

John Wood Group PLC has been awarded a significant new contract to provide long-term maintenance solutions for onshore?and offshore assets in the Gippsland Basin, Victoria, operated by Esso Australia.

CNOOC Ltd announces production from Dongfang 29-1 gas field development project
20 Jan 20251 min read

CNOOC Ltd announces production from Dongfang 29-1 gas field development project

CNOOC Ltd has announced that Dongfang 29-1 gas field development project has commenced production.

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