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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.

Fugro to survey Pensacola prospect ahead of scheduled 2022 drilling
24 May 20211 min read

Fugro to survey Pensacola prospect ahead of scheduled 2022 drilling

The site survey is expected to commence at the end of July 2021 and be completed in 3Q21.

Neptune Energy planning £7 billion IPO, reports The Sunday Times
24 May 20211 min read

Neptune Energy planning £7 billion IPO, reports The Sunday Times

The company, founded in 2015, is believed to be close to appointing JP Morgan to explore a listing or sale to a rival.

BHP divests ownership of Neptune field in Gulf of Mexico
24 May 20211 min read

BHP divests ownership of Neptune field in Gulf of Mexico

The transaction has been made with EnVen Energy Ventures, LLC.

THREE60 Energy Group secures seven-figure funding
24 May 20212 min read

THREE60 Energy Group secures seven-figure funding

The funding facility, provided by Arbuthnot Commercial ABL, will deliver working capital to support anticipated growth as well as potential future acquisitions.

Subsea 7 awarded Mero-3 contract
24 May 20212 min read

Subsea 7 awarded Mero-3 contract

The contract scope includes engineering, fabrication, installation and pre-commissioning of 80 km of rigid risers and flowlines for the steel lazy wave production system, 60 km of flexible service lines, 50 km of umbilicals and associated infrastructure, as well as installation of FPSO mooring lines and hook-up.

Bahamas Petroleum changes name
21 May 20212 min read

Bahamas Petroleum changes name

Bahamas Petroleum has changed its name to Challenger Energy Group.

NPD awards drilling permit to Lundin Energy
21 May 20211 min read

NPD awards drilling permit to Lundin Energy

The drilling programme for well 16/1-34 S concerns the drilling of an appraisal well in production licence 167. Lundin Energy Norway AS is the operator with an ownership interest of 40%.

Finder Energy acquires two North Sea licences from Azinor
21 May 20212 min read

Finder Energy acquires two North Sea licences from Azinor

Finder Energy has acquired the UK North Sea P2502 and P2524 licences from Azinor Catalyst Ltd.

Schlumberger to deploy DELFI Petrotechnical Suite on AWS
21 May 20212 min read

Schlumberger to deploy DELFI Petrotechnical Suite on AWS

The collaboration will enable more customers to use advanced digital solutions in the DELFI Petrotechnical Suite.

Shell sells interest in Philippines gas field for US$460 million
20 May 20211 min read

Shell sells interest in Philippines gas field for US$460 million

Shell is selling its interest in the Malampaya gas field to Malampaya Energy XP Pte Ltd., a subsidiary of Udenna Corp.

Joint unitisation project to be carried out at Haltenbanken East development
20 May 20212 min read

Joint unitisation project to be carried out at Haltenbanken East development

The Haltenbanken East project will be developed as a unit between four different licences, and comprises six discoveries and three prospects with a combined volume in the order of 100 million boe, mostly gas.

Wintershall Dea makes discovery in Norwegian Sea
20 May 20212 min read

Wintershall Dea makes discovery in Norwegian Sea

The Dvalin North discovery, estimated to hold between 33-70 million boe, is 12 km north of the company’s operated Dvalin field, and 65 km north of the operated Maria field.

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