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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.

Eni and SKK Migas sign MoU for cooperation on exploration activities in Indonesia
17 Jun 20211 min read

Eni and SKK Migas sign MoU for cooperation on exploration activities in Indonesia

The MoU defines the framework for further cooperation in the processing and interpretation of seismic data owned by the Republic of Indonesia by using Eni’s technologies and facilities, including the Green Data Centre supercomputers in Ferrera Erbognone, Italy, as well as seismic imaging algorithms.

Lime Petroleum acquires Repsol's interest in Brage field
17 Jun 20212 min read

Lime Petroleum acquires Repsol's interest in Brage field

According to the Norwegian Petroleum Directorate, there are 3.42 million m3 of oil equivalent or 21.52 million boe of remaining reserves in the Brage field.

Shelf Drilling rig hired by Chevron for Angola operations
17 Jun 20211 min read

Shelf Drilling rig hired by Chevron for Angola operations

The one-year contract is expected to commence in January 2022.

VAALCO contracts Borr Drilling rig for 2021/2022 campaign offshore Gabon
17 Jun 20211 min read

VAALCO contracts Borr Drilling rig for 2021/2022 campaign offshore Gabon

The contract provides that the drilling rig can be on location in the Etame Marin block as early as December of this year.

Operations at Heimdal extended to 2023
17 Jun 20212 min read

Operations at Heimdal extended to 2023

3-4 new gas wells will be drilled at the Valemon field in the North Sea in 2021 and 2022, which will extend profitable operations at the Heimdal field.

McDermott to carry out marine installation work for BHP in Gulf of Mexico
16 Jun 20212 min read

McDermott to carry out marine installation work for BHP in Gulf of Mexico

McDermott will provide installation services at the Shenzi Subsea Multiphase Pumping Project, located at a water depth of 4400 ft.

Transocean secures Norway contracts worth US$116 million
16 Jun 20211 min read

Transocean secures Norway contracts worth US$116 million

Transocean has secured work for its Transocean Barents and Transocean Norge drilling rigs.

Japan Drilling Co. jack-up rig contracted for operations offshore Qatar
16 Jun 20211 min read

Japan Drilling Co. jack-up rig contracted for operations offshore Qatar

The HAKURYU-10 rig will operate in the Al Shaheen oilfield from 2Q22.

SPE Offshore Europe face-to-face event to take place in February 2022
16 Jun 20212 min read

SPE Offshore Europe face-to-face event to take place in February 2022

The live event in Aberdeen will include an in-person socially distanced exhibition, new energy transition keynote conference content, show floor features including Energy Transition Zone and Theatre, Decommissioning Theatre, a TIDE (talent investment & diversity) programme and networking events.

Lundin Energy sells oil certified as carbon neutrally produced
16 Jun 20213 min read

Lundin Energy sells oil certified as carbon neutrally produced

The first trade of certified carbon neutrally produced oil from the Johan Sverdrup field has been completed with GS Caltex in South Korea.

TWMA awarded waste management contract extension for Aker BP project
16 Jun 20213 min read

TWMA awarded waste management contract extension for Aker BP project

The contract covers integrated waste management services for Aker BP’s Valhall Flank North and Hod B field development projects on the Norwegian Continental Shelf.

T.D. Williamson carries out isolation work offshore Nigeria
16 Jun 20212 min read

T.D. Williamson carries out isolation work offshore Nigeria

TDW completed the isolation working for a major operator through its local partner, Strides Energy & Maritime Ltd.

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