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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.

Celeros Flow Technology signs strategic corporate procurement agreement with Aramco
18 Feb 20263 min read

Celeros Flow Technology signs strategic corporate procurement agreement with Aramco

Marking a key milestone in the two companies’ strategic partnership.

Eni expands African exploration footprint with major discoveries in Ivory Coast, Angola
18 Feb 20264 min read

Eni expands African exploration footprint with major discoveries in Ivory Coast, Angola

New discoveries in Ivory Coast and Angola reinforce Eni’s dual strategy of frontier exploration and near-field reserve growth in Africa.

Hogan Lovells represents Transocean in agreement to acquire Valaris
17 Feb 20262 min read

Hogan Lovells represents Transocean in agreement to acquire Valaris

Hogan Lovells represents Transocean in its acquisition of Valaris, creating combined company with value of US$17 billion.

ABL awarded offshore gig at Egypt’s Kamose field
17 Feb 20262 min read

ABL awarded offshore gig at Egypt’s Kamose field

Energy and marine consultancy ABL has been appointed to provide marine warranty survey services to support the offshore construction for the Phase 4 development of the Kamose offshore gas field development in the Mediterranean Sea for North Sinai Petroleum Company (NOSPCO).

Geoinform Ltd., subsidiary of the MOL Group, signs strategic cooperation agreement with Baker Hughes
17 Feb 20262 min read

Geoinform Ltd., subsidiary of the MOL Group, signs strategic cooperation agreement with Baker Hughes

The collaboration aims to introduce state of the art, innovative oil and gas technologies capable of meeting emerging market demands and significantly increasing the operational efficiency of the industry.

Fulkrum strengthens South American footprint with Bogotá office opening
17 Feb 20262 min read

Fulkrum strengthens South American footprint with Bogotá office opening

The agreement, which commenced in early 2026, covers inspection and technical staffing services in support of multiple upstream energy projects and emerging new energy initiatives in Colombia and beyond.

HELLENiQ ENERGY and Chevron Sign Offshore Concession Agreements for hydrocarbon exploration and production with the Hellenic Republic
17 Feb 20262 min read

HELLENiQ ENERGY and Chevron Sign Offshore Concession Agreements for hydrocarbon exploration and production with the Hellenic Republic

This marks a new milestone in HELLENiQ ENERGY’s upstream portfolio.

Everllence compressor technology for new FPSO offshore Guyana
11 Feb 20262 min read

Everllence compressor technology for new FPSO offshore Guyana

Four Everllence compressor trains are to be delivered to MODEC for the Hammerhead gas field project.

Elemental Energies acquires Applied Petroleum Technology AS, strengthening its subsurface capabilities
11 Feb 20262 min read

Elemental Energies acquires Applied Petroleum Technology AS, strengthening its subsurface capabilities

The strategic move strengthens Elemental Energies’ existing subsurface capability, creating an integrated and unrivalled team spanning geoscience, reservoir engineering, geochemistry and petroleum engineering.

Aquaterra Energy secures seven figure, multi-well intervention and abandonment contract offshore Spain
10 Feb 20262 min read

Aquaterra Energy secures seven figure, multi-well intervention and abandonment contract offshore Spain

Under the agreement, Aquaterra Energy will deliver a subsea well access solution to support intervention and abandonment activities across 11 wells located offshore Spain.

Chevron takes Final Investment Decision on Leviathan gas expansion
5 Feb 20262 min read

Chevron takes Final Investment Decision on Leviathan gas expansion

The project increases affordable, reliable gas for Israel, Egypt and Jordan.

Baker Hughes launches autonomous well construction solution at Annual Meeting in Florence
3 Feb 20262 min read

Baker Hughes launches autonomous well construction solution at Annual Meeting in Florence

Baker Hughes launches Kantori™, a unified digital autonomous well construction solution.

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