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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.

Marathon Oil announces first gas from Alba B3 compression platform
14 Jul 20162 min read

Marathon Oil announces first gas from Alba B3 compression platform

Production from the B3 platform will allow Marathon Oil to convert approximately 130 million boe of proved undeveloped reserves.

LUKOIL Marine Lubricants opens new branch in Hong Kong
14 Jul 20161 min read

LUKOIL Marine Lubricants opens new branch in Hong Kong

LUKOIL Marine Lubricants has opened a new branch office in Hong Kong.

Woodside agrees to acquire ConcoPhillips' interests in Senegal
14 Jul 20162 min read

Woodside agrees to acquire ConcoPhillips' interests in Senegal

Under the terms of the agreement, Woodside is to acquire 100% of ConcoPhillips’ shares for a purchase price of US$350 million.

IEA: Oil Market Report for July
14 Jul 20162 min read

IEA: Oil Market Report for July

Global oil supplies rose by 600 000 bpd in June, to 96 million bpd, after outages curbed OPEC and non-OPEC supplies in May.

AFGlobal to acquire Managed Pressure Operations
14 Jul 20162 min read

AFGlobal to acquire Managed Pressure Operations

AFGlobal Corp. has agreed to acquire Managed Pressure Operations (MPO), a subsidiary of MHWirth.

Essar reaches coal bed methane milestone
13 Jul 20162 min read

Essar reaches coal bed methane milestone

Essar’s Raniganj (East) Block has become India’s first coal bed methane asset to cross the one million metres cubed per day production milestone.

Derrick® elects Green Supply S.A. as exclusive distributor for Argentina oil & gas drilling market
13 Jul 20161 min read

Derrick® elects Green Supply S.A. as exclusive distributor for Argentina oil & gas drilling market

Green Supply will act as Derrick's exclusive oilfield representative in Argentina.

Thyssenkrupp expands board of Industrial Solutions
13 Jul 20161 min read

Thyssenkrupp expands board of Industrial Solutions

Michael Höllermann and Johan P. Cnossen are to join the management board of the Industrial Solutions business area effective 1 August 2016.

Lloyd’s Register introduces new well integrity assurance service
13 Jul 20163 min read

Lloyd’s Register introduces new well integrity assurance service

The new service is aimed at providing greater efficiency and cost savings for oil and gas operators by combining well examination services with independent verification.

Qstar acquires a ROV Perseo GTV
13 Jul 20161 min read

Qstar acquires a ROV Perseo GTV

Ageotec has reported the delivery of a new ROV Perseo GTV to QSTAR, the Rov Pilot Training Centre based in the Canary Islands and Barcelona.

FPSO Cidade de Squarema producing and on hire
13 Jul 20161 min read

FPSO Cidade de Squarema producing and on hire

SBM Offshore announced the FPSO was formally on hire 8 July, after achieving first oil.

UTEC announces major project completion
13 Jul 20162 min read

UTEC announces major project completion

UTEC Survey has successfully completed a significant ROV navigation and seismic node positioning project in deepwater Gulf of Mexico.

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