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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/Oil rig news

Oil rig news

Browse the latest oil rig news 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.

Odfjell Drilling sign two North Sea rig contracts with Equinor
17 Jul 20232 min read

Odfjell Drilling sign two North Sea rig contracts with Equinor

Odfjell drilling has announced the signing of two rig contracts and a strategic collaboration agreement with Equinor for operations in the North Sea.

Dry well near the Troll field in the North Sea
13 Jun 20232 min read

Dry well near the Troll field in the North Sea

Equinor Energy AS, has completed the drilling of wildcat well 31/2-24. The well was drilled about 3 km west of the Troll field in the North Sea and about 115 km Northwest of Bergen.

Floating rig utilisation rebounds to pre-COVID levels
13 Jun 20232 min read

Floating rig utilisation rebounds to pre-COVID levels

Rig demand is expected to increase 20% from 2024 – 2025, meaning rates are up 40% from the past year.

Equinor Energy AS concludes drilling of wildcat well 34/6-6 S
24 Mar 20231 min read

Equinor Energy AS concludes drilling of wildcat well 34/6-6 S

The well was drilled about 10 km north of the Visund field, and about 190 km northwest of Bergen.

BiSN and Aker BP share benefits of 2020 P&A campaign
22 Mar 20233 min read

BiSN and Aker BP share benefits of 2020 P&A campaign

The active campaign that took place in 2020 provided 30 environmentally-friendly permanent seals in the Valhall oilfield.

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.

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.

Transocean Ltd. announces contract awards and extensions totalling US$488 million
6 Jan 20232 min read

Transocean Ltd. announces contract awards and extensions totalling US$488 million

The company has announced contract awards or extensions for five of its drilling rigs.

ADC Energy awarded six figure contract with major operator in West Africa
12 Dec 20223 min read

ADC Energy awarded six figure contract with major operator in West Africa

The contract, which is worth US$250 000, is scheduled for the first quarter of 2023 and expected to take around a month to complete.

Coretrax completes multi-product project for major North Sea operator
16 Nov 20222 min read

Coretrax completes multi-product project for major North Sea operator

The project saw a team identify the trouble zone and subsequently mobilise and install a short patch on a casing section of a well affected by corrosion.

Westwood: Equinor drives low-emission rig adoption in Norway and Brazil
15 Nov 20222 min read

Westwood: Equinor drives low-emission rig adoption in Norway and Brazil

New research reveals that the availability of emission-lowering upgrades for offshore rigs has been on the rise but adoption of these new technologies is slow outside of Norway and the US Gulf of Mexico

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