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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.

Africa Oil announces completion of the strategic farm down for orange basin block 3b/4b
29 Aug 20242 min read

Africa Oil announces completion of the strategic farm down for orange basin block 3b/4b

Africa Oil has announced the completion of Africa Oil SA Corp.’s strategic farm down agreement with TotalEnergies EP South Africa S.A.S. and QatarEnergy International for the Orange Basin Block 3B/4B, offshore South Africa.

Iraq aims to ramp up oil and gas output
16 Aug 20243 min read

Iraq aims to ramp up oil and gas output

Iraq’s upstream sector is undergoing rapid change, with an increasingly diverse corporate ecosystem, and significant investment being funneled into boosting oil and gas production.

Seatrium successfully delivers fourth jackup rig built to Borr Drilling
15 Aug 20242 min read

Seatrium successfully delivers fourth jackup rig built to Borr Drilling

Seatrium has announced the successful delivery of its fourth jackup rig, named ‘Vali’, to Borr Drilling, about a year ahead of its planned delivery next year.

Pantheon secures rig for Megrez-1 well and award of new leases
12 Aug 20242 min read

Pantheon secures rig for Megrez-1 well and award of new leases

Pantheon Resources has announced that it has executed a rig contract to secure the use of the Nabors 105AC rig to drill the Megrez-1 well in Q424.

Shell invests in Phase 2 of Surat gas project in Australia
12 Aug 20242 min read

Shell invests in Phase 2 of Surat gas project in Australia

Arrow Energy, an incorporated joint venture between Shell (50%) and PetroChina (50%), has announced plans to develop Phase 2 of Arrow Energy’s Surat gas project in Queensland, Australia.

Letter of intent for drilling rig executed for Canning Basin 2024 drilling campaign
8 Aug 20241 min read

Letter of intent for drilling rig executed for Canning Basin 2024 drilling campaign

Buru Energy has announced that it has executed a letter of intent with Silver City Drilling (SCD) for the provision of Rig 24 to conduct the planned two well drilling campaign in the onshore Canning Basin of Western Australia.

CNOOC adds over 100 billion m3 of proved gas in-place
8 Aug 20242 min read

CNOOC adds over 100 billion m3 of proved gas in-place

CNOOC has announced that Chinese governmental authorities have approved the proved gas in-place of Lingshui 36-1 gas field, which stands at over 100 billion m3. It is the first large-size ultra-shallow gas field in ultra-deep water in the world, which opens up a new area of exploration in deep waters.

SBM Offshore awarded FSO contract for Woodside’s Trion development
8 Aug 20241 min read

SBM Offshore awarded FSO contract for Woodside’s Trion development

Under this contract, SBM Offshore will construct and thereafter lease a Floating Storage and Offloading (FSO) unit to Woodside for a period of 20 years.

BP acquires GETEC ENERGIE GmbH
6 Aug 20243 min read

BP acquires GETEC ENERGIE GmbH

The acquisition of GETEC ENERGIE GmbH will accelerate the growth of BP’s European gas and power presence, as well as providing opportunities to grow integrated lower carbon energy solutions for C&I energy customers in Germany and elsewhere in Europe.

TGS completes enhancement of 2D seismic offshore Northern Sumatra
6 Aug 20242 min read

TGS completes enhancement of 2D seismic offshore Northern Sumatra

The company has completed the reprocessing of a 2D seismic survey in Indonesia’s Sumatra basin, tying key discoveries in the region to open acreage.

Kent secures 3  year global commissioning services contract with Shell
5 Aug 20242 min read

Kent secures 3 year global commissioning services contract with Shell

Kent has announced it has been awarded a global three-year enterprise framework agreement (EFA) by Shell to provide commissioning and start-up services (CSU) across various onshore and offshore projects.

Westerton Access appoints Regional Manager for Europe and West Africa
31 Jul 20242 min read

Westerton Access appoints Regional Manager for Europe and West Africa

The company has announced the appointment of James Griffin, who has joined the business in the role of Regional Manager, overseeing sales and operations for the company’s Europe and West Africa business unit.

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