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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/Upstream drilling news

Upstream drilling news

Browse the latest upstream drilling news news and articles.

Petrofac relationship with bp continues with North Sea contract extension
15 Apr 20241 min read

Petrofac relationship with bp continues with North Sea contract extension

Petrofac has been awarded a contract extension by bp, continuing support across its North Sea portfolio.

Morocco farm-in completed and rig contract signed
10 Apr 20241 min read

Morocco farm-in completed and rig contract signed

Energean has announced that it has completed the farm-in to Chariot Ltd. acreage offshore Morocco, following the receipt of all remaining approvals from the Moroccan Authorities, and signed a rig contract with Stena Drilling Ltd.

Brasse, now Bestla, to tie up with Brage as partners approve field development
8 Apr 20242 min read

Brasse, now Bestla, to tie up with Brage as partners approve field development

DNO has announced that a final investment decision has been made for the development of the Brasse field, to be renamed Bestla, based on a tie-back to the nearby production facilities of the Brage field.

Yinson Production holds naming ceremony for FPSO Maria Quitéria
8 Apr 20243 min read

Yinson Production holds naming ceremony for FPSO Maria Quitéria

Yinson Production has officially named FPSO Maria Quitéria during a grand naming ceremony held at Cosco Shipping Heavy Industry (Shanghai) Shipyard in China on 3 April 2024.

Petro-Victory provides update on SJ-06 well workover at São João field
8 Apr 20242 min read

Petro-Victory provides update on SJ-06 well workover at São João field

Petro-Victory Energy has provided an update on the workover campaign to increase oil production in the 100% owned São João field in the Barreirinhas Basin in Maranhão, Brazil.

DeepOcean awarded frame agreement for subsea infrastructure and cable repair by Equinor
5 Apr 20241 min read

DeepOcean awarded frame agreement for subsea infrastructure and cable repair by Equinor

Equinor has awarded ocean services provider DeepOcean a frame agreement for marine services covering subsea intervention and repair contingency for subsea pipelines, structures and high voltage cables for both offshore renewables and oil and gas fields.

MODEC secures FEED for Shell’s Gato do Mato FPSO project in Brazil
5 Apr 20241 min read

MODEC secures FEED for Shell’s Gato do Mato FPSO project in Brazil

MODEC has announced that it has been successful in securing the front-end engineering and design (FEED) for a floating production, storage and offloading (FPSO) system for Shell do Brasil Ltda (Shell) on the Gato do Mato development, offshore Brazil.

Heads of terms agreed for Block EG-23 offshore Equatorial Guinea
4 Apr 20242 min read

Heads of terms agreed for Block EG-23 offshore Equatorial Guinea

Panoro Energy has announced that it has reached an agreement with the Government of Equatorial Guinea on the key terms and conditions for the award of offshore Block EG-23.

Transocean announces US$195 million ultra-deepwater drillship contract
3 Apr 20241 min read

Transocean announces US$195 million ultra-deepwater drillship contract

Transocean has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico.

88 Energy announce oil and gas at discovery well in Alaska
3 Apr 20242 min read

88 Energy announce oil and gas at discovery well in Alaska

88 Energy has announced successful flow testing of the Upper SFS reservoir in the Company’s Hickory-1 discovery well, located in Project Phoenix on the North Slope of Alaska.

Seatrium announce series of major contracts
3 Apr 20241 min read

Seatrium announce series of major contracts

Seatrium has announced that it has secured a series of major contracts with an aggregate value of US$350 million, to be completed by end of 2025.

APA Corporation completes acquisition of Callon Petroleum Company
2 Apr 20241 min read

APA Corporation completes acquisition of Callon Petroleum Company

APA Corporation has announced that its acquisition of Callon Petroleum Company has been completed.

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