May/June 2026

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Offshore Technologies and Markets
UK offshore industry calls for policy changes that face market realities Windfall tax, lack of new licenses among key hurdles to be removed for UK to revitalize a stagnant E&P industry, meet rising energy needs By Stephen Whitfield, Senior Editor
Focus on local capacity building can help ensure ‘the Namibian people win’ amid E&P boom By Jessica Whiteside, Contributor
South America offshore market builds momentum with frontier exploration, steady progress By Stephen Whitfield, Senior Editor
Seadrill pushes forward with AI-enabled lifecycle management of critical drilling equipment By John Dady, Seadrill
Onshore Drilling & Rig Technologies
H&P breathes new life into existing diesel engines with dual-fuel gas-blending system By Stephen Whitfield, Senior Editor
Novel machine learning agent adds predictive capability to automated generator controls By Stephen Whitfield, Senior Editor
Geothermal Drilling
Eavor-Loop project illustrates feasibility, scalability of ‘geothermal anywhere’ By Stephen Whitfield, Senior Editor
IADC Connection
Reshaping the narrative on the industry the world can’t live without By Roddie Mackenzie, 2026 IADC Chairman
News Cuttings IADC KFUPM Student Chapter engages with ADES leaders during Al Khobar site visit IADC Bookstore launches new book on well integrity IADC SEAC honors top safety initiatives, performance H&P, COSL, Archer among winners at IADC North Sea Chapter Safety Awards
Wirelines Federal committee exempts US Gulf drilling activities from Endangered Species Act Marine Minerals Administration to unify BOEM, BSEE EU ministers call for new windfall tax on energy profits EU ministers call for new windfall tax on energy profits US EPA finalizes revisions to 2024 Clean Air Act rules covering gas flaring
Departments
Drilling Ahead: Market volatility ratcheted up to new heights amid geopolitical conflicts By Linda Hsieh, Editor & Publisher
D&C News Petrobras extends West Polaris work on Búzios field Occidental strikes oil at Bandit prospect in Green Canyon Valaris enters agreement to support Suriname E&P BP set to enter Namibia’s Walvis Basin as operator Borr secures new contracts, extensions for 4 jackups
D&C Tech Digest Fully automated well placement with complete rig automation achieved in Guyana Tethered BOP system customized for US Gulf conditions Field testing validates DWIS platform capabilities
News Briefs: Environmental, Social and Governance BP’s 2025 sustainability report shows 37% fall in operational emissions since 2019 DNV: UK energy transition lacks ‘whole system’ thinking, will fall short of net zero goals
Oil & Gas Markets Analysis: Sustained supply disruption could reduce global oil demand by 20% and gas by 10% by 2050 UKCS corporate landscape shifts as majors retreat
HSE&T Corner: Companies can see high ROI when investing in employees’ mental and physical health By Jessica Whiteside, Contributor
People, Companies and Products Samir Ali appointed as Seadrill President and CEO Halliburton expands portfolio with Sekal acquisition Expro set to support Lionheart project in Germany Eni, Petronas upstream JV to be named Searah Baker Hughes enters MOU with Ukraine’s Naftogaz IFS adopts new pricing model for enterprise AI Energy Drilling announces leadership transition Liz Westcott named new CEO of Woodside Energy SLB finalizes HydraWell deal Helmerich & Payne names Todd Scruggs as SVP, CFO Odfjell Technology invests in intervention, P&A Semco Maritime wins contract in UK North Sea IPT Global receives milestone BSEE approval in US Gulf CNOOC appoints new CEO Products Control station facilitates remote ROV operation Digital platform enhanced with new AI capabilities New ranging service targets geothermal projects Single valve system improves subsea well access
Perspectives: Amelia Nelson, Noble – Soft skills just as crucial as technical knowledge for successful career By Stephen Whitfield, Senior Editor