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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.

Horisont Energi, Neptune Energy, and E.ON sign MoU for European CCS value chain
20 Feb 20231 min read

Horisont Energi, Neptune Energy, and E.ON sign MoU for European CCS value chain

The MoU covers several areas such as project financing, funding, and the development of a complete value chain for CO2 handling.

Oil and gas industry overall contract value up by 27% QoQ during 4Q22, reveals GlobalData
20 Feb 20232 min read

Oil and gas industry overall contract value up by 27% QoQ during 4Q22, reveals GlobalData

Operations and maintenance (O&M) represented 55% of the total contracts in 4Q22, followed by procurement with 19%, and contracts with multiple scopes, such as construction, design and engineering, installation, O&M, and procurement, accounted for 13%.

Well-Safe Solutions and Apache Corp. sign P&A Club decommissioning deal
16 Feb 20233 min read

Well-Safe Solutions and Apache Corp. sign P&A Club decommissioning deal

The companies have signed a multi-year framework agreement to decommission wells in the North Sea, as part of the decommissioning specialist’s Plug and Abandonment Club offering.

Neptune Energy welcomes contract award for Snøhvit Future project
14 Feb 20231 min read

Neptune Energy welcomes contract award for Snøhvit Future project

Neptune Energy has welcomed Equinor’s announcement, on behalf of the Snøhvit partnership, to award a major contract for the Snøhvit Future project in Norway to Aibel. ?

Unity in development of an additive manufactured well control component
14 Feb 20232 min read

Unity in development of an additive manufactured well control component

The new technology is a result of a collaborative research and development project with Net Zero Technology Centre and Spirit Energy.

GETI 2023: Surging fossil fuel prices make oil and gas sector top choice for energy workers
14 Feb 20233 min read

GETI 2023: Surging fossil fuel prices make oil and gas sector top choice for energy workers

The seventh annual Global Energy Talent Index has revealed that the recent gas price crisis has transformed oil and gas into the most popular sector for energy workers to join and has sent salaries soaring above pre-pandemic levels.

Aker BP ASA concludes drilling of wildcat well 25/10-17 S
10 Feb 20232 min read

Aker BP ASA concludes drilling of wildcat well 25/10-17 S

The well was drilled about 12 km north of the Ivar Aasen field, and 187 km southwest of Haugesund.

Pantheon Resources shares Alkaid #2 update
10 Feb 20233 min read

Pantheon Resources shares Alkaid #2 update

The Nordic Calista #2 rig contracted for the Alkaid #2 clean out operation has successfully pulled the tubing and packer and has now moved off the well head.

JDR secures umbilical contract with Petrogas Transportation
9 Feb 20232 min read

JDR secures umbilical contract with Petrogas Transportation

The company has been awarded a contract by Petrogas E&P Netherlands to supply two umbilicals for the A15 and B10 offshore conventional gas fields in the Netherlands.

Equinor makes new discovery by North Sea Troll field
9 Feb 20232 min read

Equinor makes new discovery by North Sea Troll field

The company has made an oil and gas discovery close to the Troll field in the North Sea. This is the seventh discovery in this area since the autumn of 2019.

GlobalData: 94 projects expected to start operations in the UK during the period 2023 – 2027
9 Feb 20232 min read

GlobalData: 94 projects expected to start operations in the UK during the period 2023 – 2027

GlobalData’s report, ‘Europe Oil and Gas Projects Analytics and Forecast by Project Type, Sector, Countries, Development Stage, Capacity and Cost, 2023-2027,’ reveals that 94 projects are expected to start operations in the UK during the period 2023 – 2027.

Archer acquires Baker Hughes’ coil tubing and pumping business in the UK
8 Feb 20232 min read

Archer acquires Baker Hughes’ coil tubing and pumping business in the UK

The CT&P business includes four complete CT&P packages with supporting equipment, specialised and optimised for the UK market.

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