Abstract: An emission reduction target of carbon neutrality has been set by major countries and regions in the world to tackle global climate change. As conventional fossil energy, oil and gas can only be developed sustainably in an inevitable course of low-carbon transformation. Additionally, an industry consensus has been reached to reduce carbon emissions through technological innovation and management. Within the above context, new development trends are exhibited by green and low-carbon oil and gas development engineering technologies,which are worth learning and reference by China. The development trends of green and low-carbon oil and gas development engineering technologies were analyzed after the industry context of the low-carbon development of oil and gas development engineering technologies had been adequately elaborated. A number of development directions were proposed for green and low-carbon oil and gas development engineering technologies to address the challenges in the development of the oil and gas industry in China in the pursuit of carbon neutrality.They included oil and gas development engineering technologies for rate of penetration (ROP) and efficiency improvements, digital and intelligent oil and gas development engineering technologies, carbon capture, utilization, and storage (CCUS) technologies, oil and gas development technologies for energy conservation and emission reductions as well as tailings and waste utilization, and technologies that couple oil and gas with new energy. Tackling critical issues for key technologies in the above technological development directions, furthering the promotion and application of these technologies, and fostering a series of green and low-carbon oil and gas development engineering technologies readily applicable to the situation in China as soon as possible are of great significance for the fulfillment of the net-zero emission target and the promotion of the overall economic benefits.