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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.

GeoPark announces new exploration discovery and development drilling successes in Colombia
6 Feb 20172 min read

GeoPark announces new exploration discovery and development drilling successes in Colombia

GeoPark Limited has announced new drilling successes in the Llanos 34 Block (GeoPark operated with a 45% working interest), in Colombia.

First offshore installation work completed on Johan Sverdrup
6 Feb 20172 min read

First offshore installation work completed on Johan Sverdrup

Ocean Installer has recently completed the very first permanent subsea installation at the Johan Sverdrup field, marking the kick-off of the Johan Sverdrup offshore work.

Statoil: Gas discovery near North Sea Valemon field
3 Feb 20172 min read

Statoil: Gas discovery near North Sea Valemon field

Two years after Valemon came on stream Statoil has made a new gas discovery on the field, called Valemon West. The discovery is estimated to contain between 20 and 50 million boe.

UK subsea sector set to increase exports in 2017
2 Feb 20173 min read

UK subsea sector set to increase exports in 2017

British subsea companies are expecting to increase overseas activity in the next 12 months, according to a survey conducted by industry body, Subsea UK.

Flexitallic unveils new offshore corrosion sealing innovation
2 Feb 20172 min read

Flexitallic unveils new offshore corrosion sealing innovation

Flexitallic, the global leader in static sealing solutions, has unveiled its latest technology innovation, Corriculite, for use in corrosion sensitive applications, including those prevalent in the offshore industry.

Oceaneering: contract with Statoil for E-ROV concept development and testing
2 Feb 20171 min read

Oceaneering: contract with Statoil for E-ROV concept development and testing

Oceaneering International, Inc. announced that one of its subsidiaries has been awarded a technology development contract by Statoil Petroleum AS.

Harbour Energy to lead acquisition of Shell UK North Sea Assets
1 Feb 20172 min read

Harbour Energy to lead acquisition of Shell UK North Sea Assets

Harbour Energy Ltd has announced it has agreed to lead the acquisition by Chrysaor Holdings Ltd of a well-diversified portfolio of oil and natural gas assets from Shell UK Ltd.

CCS appoints new business development and advisory manager
1 Feb 20171 min read

CCS appoints new business development and advisory manager

Cornerstone Completion Services (CCS), a recently-launched division of Wellsite Fishing and Rental Services, LLC has appointed David R. Reynolds as its new business development and advisory manager.

GE Oil & Gas starts 2017 with innovative digital customer agreements
31 Jan 20174 min read

GE Oil & Gas starts 2017 with innovative digital customer agreements

GE has announced new innovative agreements including a landmark technology cooperation agreement, contracts for subsea trees and wellheads, and a new Predix-enabled digital solution for equipment monitoring.

Chrysaor to establish the leading UK independent E&P Company focused on the North Sea
31 Jan 20177 min read

Chrysaor to establish the leading UK independent E&P Company focused on the North Sea

Chrysaor Holdings Limited, the UK oil and gas independent, is to acquire a package of assets in the UK North Sea from Shell UK Limited and its affiliates for a price of US$3.0 billion.

NEL to Lead Multiphase Flow International Standard Development
31 Jan 20171 min read

NEL to Lead Multiphase Flow International Standard Development

NEL, the flow measurement R&D specialist, has been selected to lead the development of a new multiphase flow measurement standard for the oil and gas industry.

Chevron reports Q4 net income of US$415 million
30 Jan 20175 min read

Chevron reports Q4 net income of US$415 million

Chevron has reported earnings of US$415 million for Q4 2016, compared with a loss of US$588 million in Q4 2015.

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