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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.

Tap Oil commences drilling in Thailand
18 May 20162 min read

Tap Oil commences drilling in Thailand

The Sri Trang-1 exploration well in the Northern Gulf of Thailand has been spudded.

Economist Intelligence Unit predicts price rebound
18 May 20162 min read

Economist Intelligence Unit predicts price rebound

The Economist Intelligence Unit has announced that it maintains its forecast that Brent will average US$40/bbl in 2016.

NPD permits drilling of Total’s wildcat well
18 May 20161 min read

NPD permits drilling of Total’s wildcat well

The Norwegian Petroleum Directorate has granted a drilling permit for well 30/4-3 S in production licence 040/043.

Ikon Science and Fugro announce partnership
18 May 20162 min read

Ikon Science and Fugro announce partnership

Ikon Science and Fugro have combined forces to tackle wellsite related geohazards and bring a new solution to market.

Improved resource efficiency is required to drive the oil and gas IT spending market
18 May 20164 min read

Improved resource efficiency is required to drive the oil and gas IT spending market

The global IT spending market in the oil and gas industry is expected to grow at a CAGR of around 1% during the period 2016 - 2020, according to Technavio.

Growth in CO2 emissions driven by countries outside the OECD
17 May 20164 min read

Growth in CO2 emissions driven by countries outside the OECD

Global energy-related carbon dioxide emissions are projected to increase by one third between 2012 and 2040, according to the EIA.

Omnix International forms partnership with AVEVA
17 May 20163 min read

Omnix International forms partnership with AVEVA

The alliance has been created specifically to address the increasingly complex needs of the Oil and Gas Industry in the KSA, Kuwait and Qatar region.

Tethys Oil: production update
17 May 20161 min read

Tethys Oil: production update

Latest figures show that production was slightly affected during April due to maintenance work on the Saiwan East.

Amec Foster Wheeler awarded Kenyan oil terminal contract
17 May 20161 min read

Amec Foster Wheeler awarded Kenyan oil terminal contract

The contract will see the company support a project for the offshore relocation and expansion of the Kipevu Oil Terminal.

Trelleborg signs framework agreement with Statoil
17 May 20163 min read

Trelleborg signs framework agreement with Statoil

Trelleborg has signed a 6 yr framework agreement with Statoil for the supply of Elastopipe.

Approval of sale of Petrobras Argentina
16 May 20161 min read

Approval of sale of Petrobras Argentina

Petrobras has reported that its Board of Directors have approved the sale of its entire 67.19% stake in Petrobras Argentina (PESA).

Statoil farms into Turkey onshore acreage
16 May 20162 min read

Statoil farms into Turkey onshore acreage

Statoil has announced it has entered a binding letter agreement into two exploration licenses in the Thrace region in the European north-western part of Turkey.

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