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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 news

Upstream news

Browse the latest upstream news news and articles.

SLB wins digital drilling contract from TotalEnergies
12 Oct 20262 min read

SLB wins digital drilling contract from TotalEnergies

SLB has been awarded a 15 year contract by TotalEnergies to use its digital well planning and engineering solutions across its global upstream operations.

PCEC signs strategic agreements with Petróleos de Venezuela
9 Oct 20262 min read

PCEC signs strategic agreements with Petróleos de Venezuela

H&P and ExxonMobil expand technology deployment
8 Oct 20262 min read

H&P and ExxonMobil expand technology deployment

More news

Wood Mackenzie: Johan Sverdrup crude hits record US$24/bbl premium
7 Oct 20264 min read

Wood Mackenzie: Johan Sverdrup crude hits record US$24/bbl premium

Wood Mackenzie has reported that Johan Sverdrup Crude hits record US$24/bbl premium to Brent as Saudi pipeline suspension tightens European medium-sour supply.

Wood Mackenzie: strong balance sheets set 2027 up for oil and gas portfolio renewal
17 Sept 20263 min read

Wood Mackenzie: strong balance sheets set 2027 up for oil and gas portfolio renewal

Balance sheets at strongest point in years, unlocking 5% investment rise and fresh wave of M&A in 2027 as companies rebuild post-2030 upstream portfolios.

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Viridien commences Walker Ridge reimaging extension in US Gulf
28 Aug 20261 min read

Viridien commences Walker Ridge reimaging extension in US Gulf

The 4406 km2 extension covers 189 new OCS blocks in the highly prospective Walker Ridge area, in addition to 46.5 blocks overlapping the original Walker Ridge Reimaging program over a 1085 km2 area.

How real-time corrosion monitoring helps oil and gas operators extend asset life
17 Aug 20265 min read

How real-time corrosion monitoring helps oil and gas operators extend asset life

Dauren Kazimbek, Business Development Manager for SMARTCORR, highlights how asset life can be extended through real-time corrosion monitoring in the oil and gas industry.

Engineering the next generation of deepwater production
14 Aug 202612 min read

Engineering the next generation of deepwater production

Ian Jackson, interviewed by Contributing Author Ellen Warren, discusses High-Angle Multi-Frac (HAMF) technology, production surveillance in the Whale Field, and the engineering decisions shaping the future of deepwater production.

Viridien signs strategic multi-client partnership with PETROSEN to unlock Senegal’s petroleum potential
13 Aug 20262 min read

Viridien signs strategic multi-client partnership with PETROSEN to unlock Senegal’s petroleum potential

Viridien has announced the signing of a strategic multi-client partnership agreement with Société de Pétroles du Sénégal (PETROSEN), Senegal's national petroleum company.

TWMA secures three-year contract extension in Egypt with major operator
21 Jul 20262 min read

TWMA secures three-year contract extension in Egypt with major operator

The contract marks the latest in a series of milestones for TWMA in Egypt, as the company celebrates its 20th year of local operations and approaches 16 years’ lost time incident (LTI) free.

Wood Mackenzie: EU carbon storage target falls 35% short
17 Jun 20264 min read

Wood Mackenzie: EU carbon storage target falls 35% short

Latest analysis suggests that EU carbon storage target falls 35% short as value-chain fragmentation constrains the NZIA 50 mtpa goal.

IGU, ARPEL and OLACDE launch landmark report on Latin America and Caribbean gas
8 Jun 20262 min read

IGU, ARPEL and OLACDE launch landmark report on Latin America and Caribbean gas

The International Gas Union (IGU) together with the Association of Oil, Gas and Renewable Energy Companies of Latin America and the Caribbean (ARPEL), and the Latin American Energy Organisation (OLACDE) launched a landmark report, Opportunities for the Development of Gas in Latin America and the Caribbean.