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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.

ExxonMobil makes new Stabroek Block discovery
9 Jun 20212 min read

ExxonMobil makes new Stabroek Block discovery

Drilling at Longtail-3 offshore Guyana encountered 230 ft (70 m) of net pay, including newly identified, high quality hydrocarbon bearing reservoirs below the original Longtail-1 discovery intervals.

McDermott, Sinopec consortium land EPCC contract for TotalEnergies' Tilenga project
9 Jun 20212 min read

McDermott, Sinopec consortium land EPCC contract for TotalEnergies' Tilenga project

The US$2 billion contract will see the consortium provide engineering, procurement, construction and commissioning (EPCC) services for the development of an onshore oilfield that will generate up to 200 000 bpd.

Africa Energy Corp., Total JV assessing early production system offshore South Africa
9 Jun 20212 min read

Africa Energy Corp., Total JV assessing early production system offshore South Africa

The joint venture, which also includes Qatar Petroleum and CNRI, is considering an early production system for Block 11B/12B to provide first gas and condensate production from the Luiperd prospect.

Aker Solutions awarded subsea service contract for Petrobras fields offshore Brazil
9 Jun 20212 min read

Aker Solutions awarded subsea service contract for Petrobras fields offshore Brazil

The agreement has a fixed period of three years and includes an option to extend the contract for two additional years.

Valaris awarded Gulf of Mexico drillship contract
9 Jun 20211 min read

Valaris awarded Gulf of Mexico drillship contract

The contract with Chevron is for the ultra-deepwater drillship Valaris Relentless (DS-18), a GustoMSC P10,000 design.

TotalEnergies selects Yinson and Technip Energies for pre-FEED work for FPSO projects
9 Jun 20212 min read

TotalEnergies selects Yinson and Technip Energies for pre-FEED work for FPSO projects

The two companies will carry out pre-FEED for two FPSO projects for TotalEnergies in Angola and Suriname.

Worley to provide engineering and procurement services for Captain EOR project
8 Jun 20212 min read

Worley to provide engineering and procurement services for Captain EOR project

Worley will complete the engineering design and procurement of equipment packages to enable increased oil recovery and extend production of the Captain field in the central North Sea, operated by Ithaca Energy.

Independence Energy and Contango Oil & Gas to merge
8 Jun 20212 min read

Independence Energy and Contango Oil & Gas to merge

The new company is expected to produce 108 000 to 114 000 boe/d in 2022, with adjusted core earnings between US$750 million and US$800 million.

Siemens Energy to provide subsea sensors and electrical distribution equipment for Bacalhau project
8 Jun 20212 min read

Siemens Energy to provide subsea sensors and electrical distribution equipment for Bacalhau project

Siemens Energy’s scope of supply for the project will include pressure and temperature sensors for the subsea production system, electrical distribution equipment including flying leads, umbilical terminations, connectors for subsea modules and multi-leg harness assemblies.

Allison Transmission launches hydraulic fracturing transmission
8 Jun 20212 min read

Allison Transmission launches hydraulic fracturing transmission

Based on current market demand, the FracTran will be launched with a rating of 3300 horsepower and 10 000 lb.-ft. of input torque.

TÜV SÜD NEL JIP to address produced water monitoring global standards and practices
8 Jun 20212 min read

TÜV SÜD NEL JIP to address produced water monitoring global standards and practices

The JIP will support regulatory authorities and industry to establish new standards and practices for the use of online oil-in-water analysers at remote locations.

Stena Drilling acquires stake in digital offshore lifting technology company
8 Jun 20212 min read

Stena Drilling acquires stake in digital offshore lifting technology company

With backing from Stena Drilling, Intebloc will accelerate its product development strategy.

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