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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.

South Carolina on oil and natural gas development
18 Jan 20122 min read

South Carolina on oil and natural gas development

Nearly 80% of South Carolina voters favour more oil and natural gas development.

World’s largest wave farm to be developed on Scottish coast
17 Jan 20122 min read

World’s largest wave farm to be developed on Scottish coast

A joint venture between Alstom and SSE Renewables is set to develop the world’s largest wave farm off the coast of Scotland.

US in talks with South Korea over Iranian oil sanctions
17 Jan 20121 min read

US in talks with South Korea over Iranian oil sanctions

Senior US officials meet with South Korean leaders to discuss reducing purchases of Iranian oil.

Mergers and Acquisitions in the Coal Industry
17 Jan 20122 min read

Mergers and Acquisitions in the Coal Industry

McLanahan Corp. acquire Universal Engineering and J.H. Fletcher & Co. enter into a distribution agreement with Joy Mining Machinery.

Demand set to push back the frontiers of offshore drilling
17 Jan 20122 min read

Demand set to push back the frontiers of offshore drilling

A recently released report by GBI Research shows that high demand for hydrocarbons is set to boost offshore drilling in ultra-deepwater and harsh-weather environments.

Ichthys FPSO contract to be announced soon
13 Jan 20122 min read

Ichthys FPSO contract to be announced soon

Inpex, the operator of the Ichthys project, has announced that the winner of the FPSO contract will be named 'in the coming weeks.'

Icthys LNG project reaches FID
13 Jan 20121 min read

Icthys LNG project reaches FID

Inpex Corporation and Total S.A. (the Ichthys Owners) have made the Final Investment Decision (FID) for the Ichthys LNG project.

Oil prices rise in response to Nigerian strike
12 Jan 20122 min read

Oil prices rise in response to Nigerian strike

Nigeria’s largest oil union has threatened to completely cut off production in response to the scrapping of a fuel subsidy.

Japan to make 'concrete' steps towards ending Iranian oil imports
12 Jan 20121 min read

Japan to make 'concrete' steps towards ending Iranian oil imports

After a visit by US Treasury Secretary, Timothy Geithner, Japan has vowed to make 'concrete' steps towards ending its reliance upon imported Iranian oil.

Technip awarded subsea contract by Nexen
12 Jan 20121 min read

Technip awarded subsea contract by Nexen

Technip was awarded by Nexen Petroleum U.K. Limited a lump sum contract, worth approximately €135 million, for the Golden Eagle development located 110 km North-east of Aberdeen in 115 m of water. This contract is the largest ever awarded to Technip for a project in the UK Continental Shelf.

Fracking unlikely to cause dangerous earthquakes
12 Jan 20122 min read

Fracking unlikely to cause dangerous earthquakes

Scientists in London argue that fracking is unlikely to cause an earthquake greater than 3.3 on the Richter scale.

Mitsubishi wins order for three compressor trains for Prelude project
12 Jan 20122 min read

Mitsubishi wins order for three compressor trains for Prelude project

Mitsubishi Heavy Industries Compressor Corporation (MCO has received orders for three compressor trains and a power generation system to be used at Shell’s FLNG facility to the Prelude field located off the northwest coast of Australia.

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