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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.

Delineation of the Wisting oil discovery in the Barents Sea
6 Apr 20162 min read

Delineation of the Wisting oil discovery in the Barents Sea

OMV Norge AS, operator of production licence 537, is in the process of completing the drilling of appraisal well 7324/7-3 S on the 7324/8-1 (Wisting) oil discovery.

LGO Energy: Goudron update
6 Apr 20161 min read

LGO Energy: Goudron update

Work has begun on accelerating the restoration of production levels at Goudron.

MAN Diesel & Turbo delivers IMO-certified two-stroke engine
6 Apr 20162 min read

MAN Diesel & Turbo delivers IMO-certified two-stroke engine

Hyundai’s Ship Building Division (HHI-SBD) has announced the finalisation of a contract for 2 × Suezmax tankers for Turkish shipowner, Ditas Shipping.

ASCO secures multimillion pound contract renewal in Norway
5 Apr 20161 min read

ASCO secures multimillion pound contract renewal in Norway

The supply services contract with BP will be delivered across Norway, providing support in Tananger and Farsund.

Milbank advises lenders in financing of two offshore drilling units
5 Apr 20162 min read

Milbank advises lenders in financing of two offshore drilling units

Self-elevating offshore drilling units, owned by affiliates of leading Mexican energy infrastructure company Grupo R, will be chartered to Pemex; financing shows that despite challenges in the offshore energy sector, lender appetite remains.

DNV GL calls for “simplification, digitalisation and automation”
5 Apr 20163 min read

DNV GL calls for “simplification, digitalisation and automation”

The future of oil and gas technology looks increasingly automated, digital and smarter according to a new Technology Outlook report published by DNV GL.

Gazprom and OMV sign documents to develop strategic cooperation
4 Apr 20162 min read

Gazprom and OMV sign documents to develop strategic cooperation

The documents signed in St Petersburg, are aimed at boosting Russian oil and gas supplies to Europe.

Natlata: PetroNeft shareholder restriction notice a clear abuse of power
4 Apr 20163 min read

Natlata: PetroNeft shareholder restriction notice a clear abuse of power

Natlata Partners Ltd has received a Restriction Notice from the Company, which will come into force on 14 April 2016.

Wood Group awarded TAQA contract extension
4 Apr 20161 min read

Wood Group awarded TAQA contract extension

Wood Group has announced it has been awarded a two year contract extending its service provision for TAQA in the North Sea.

DNV GL wins verification contracts
4 Apr 20161 min read

DNV GL wins verification contracts

Statoil has awarded contracts to DNV GL for verification of all 4 topsides, the 3 bridges, 3 of 4 jackets, topside installation by use of the Allseas single lift vessel ‘Pioneering Spirit and extended site assessment for the jack-up.

Actuant acquires FourQuest Energy Middle East in US$60 million deal
1 Apr 20161 min read

Actuant acquires FourQuest Energy Middle East in US$60 million deal

FourQuest ME is involved in the provision of pipeline and process services across the Caspian, MENA regions.

BP and CNPC sign shale gas contract
1 Apr 20162 min read

BP and CNPC sign shale gas contract

BP and China National Petroleum Corporation (CNPC) have signed a production sharing contract (PSC) for shale gas.

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