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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.

Wood secures extension to brownfield projects contract with Woodside Energy
15 Aug 20231 min read

Wood secures extension to brownfield projects contract with Woodside Energy

Wood has been awarded a contract extension by Woodside Energy to support ongoing operations of the North West Shelf project in Australia.

Crude pricing could rise further into autumn say IEA
14 Aug 20232 min read

Crude pricing could rise further into autumn say IEA

Crude pricing could rise further into autumn, but demand growth could slow dramatically next year, according to the International Energy Agency (IEA).

Approval for Global to enter next phase of Licence PEL 94 Namibia
14 Aug 20232 min read

Approval for Global to enter next phase of Licence PEL 94 Namibia

Global has announced that it has been granted approval to proceed with next stage in Namibian basin.

Sapiem awarded drilling and offshore contracts
11 Aug 20232 min read

Sapiem awarded drilling and offshore contracts

Saipem has been awarded two new contracts, the first by Eni Congo and the other by BP, for a total value of around US$700 million.

Texas drilling permit and completion statistics are announced
11 Aug 20231 min read

Texas drilling permit and completion statistics are announced

The Railroad Commission of Texas issued a total of 772 original drilling permits in July 2023.

Palantir Technologies Inc. and Azule Energy partner on software to optimise upstream production
10 Aug 20231 min read

Palantir Technologies Inc. and Azule Energy partner on software to optimise upstream production

Palantir Foundry will help Azule Energy manage their current 200 000 bpd oil production and support their growth goal of 250 000 bpd.

Brasse project continues with OKEA as operator
9 Aug 20231 min read

Brasse project continues with OKEA as operator

The partners in the Brasse license have agreed a fast-track development concept for the oil and gas discovery, paving the way for detailed design studies to link up with the Brage field. A final investment decision is expected in 2024.

Longboat Energy announce drilling operations in Norway
8 Aug 20231 min read

Longboat Energy announce drilling operations in Norway

Longboat Energy has announced the commencement of drilling operations on the Velocette (PL1016) exploration well in Norway.

Po Valley Energy completes ramp-up and commissioning of the Podere Maiar-1 gas facility
7 Aug 20234 min read

Po Valley Energy completes ramp-up and commissioning of the Podere Maiar-1 gas facility

Gas produced during the ramp-up period is estimated to be approximately 1 800 000 cm3 with 100% of this gas sold to BP Gas Marketing under the 18-month supply agreement.

TGS announces successful completion of North Sea OBN project
3 Aug 20231 min read

TGS announces successful completion of North Sea OBN project

TGS has announced the successful completion of a key project in the North Sea and the start-up of the next project in the same area.

Falcon Oil announce spudding of well in Australia
2 Aug 20231 min read

Falcon Oil announce spudding of well in Australia

Falcon Oil and gas have announced the spudding of the Shenandoah South 1H well in the Beetaloo Sub-Basin, Northern Territory, Australia.

Tracerco to supply Kobold with oil reservoir monitoring equipment
2 Aug 20232 min read

Tracerco to supply Kobold with oil reservoir monitoring equipment

Tracerco has announced a supply and marketing agreement with oilfield services company, Kobold Completions Inc.

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