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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.

Equinor and Sonatrach sign E&P MoU
17 May 20211 min read

Equinor and Sonatrach sign E&P MoU

The MoU also includes possible cooperation within greenhouse gas emissions and carbon management.

ASCO to provide logistics and supply base services for North Sea development
17 May 20212 min read

ASCO to provide logistics and supply base services for North Sea development

The 20-month contract will see ASCO service the IOG's five-well development of the Southwark, Blythe and Elgood fields via its Great Yarmouth hub.

Actemium and Semco Maritime given commissioning services contract for Tyra redevelopment project
17 May 20212 min read

Actemium and Semco Maritime given commissioning services contract for Tyra redevelopment project

The companies' work scope as part of the installion of eight new platforms at the Tyra field includes project management, HSE management, planning, commissioning engineering, onshore sail away preparation from the fabrication yards, offshore commissioning execution, procurement and subcontracting as well as start-up assistance.

Maersk Drilling divests jack-ups to New Fortress Energy
17 May 20213 min read

Maersk Drilling divests jack-ups to New Fortress Energy

New Fortress Energy will use the Maersk Guardian and Mærsk Gallant rigs for non-drilling purposes as part of their planned Fast LNG project.

UK energy minister to give opening address at Subsea Live
14 May 20213 min read

UK energy minister to give opening address at Subsea Live

Anne-Marie Trevelyan MP will give the opening address at Subsea Live, a new TV studio-based event organised by Subsea UK for later this month.

Quenguela drillship secures twelve well contract offshore Angola
14 May 20212 min read

Quenguela drillship secures twelve well contract offshore Angola

Sonadrill has secured a twelve well contract with one option for nine wells and eleven one well options in Angola for the Sonangol Quenguela drillship.

NOV awarded STP system contract by BW Offshore
13 May 20212 min read

NOV awarded STP system contract by BW Offshore

The company will supply a large submerged turret production system for an FPSO that will operate in the Barossa gas and condensate field located offshore of Australia.

Rystad: upstream spending will struggle to recover to pre-pandemic levels
13 May 20212 min read

Rystad: upstream spending will struggle to recover to pre-pandemic levels

Although spending will slowly start to rise from 2022, it will not reach pre-crisis levels in the coming period, according to a Rystad Energy report.

Shearwater GeoServices awarded Campos Basin 3D and 4D programmes by Petrobras
13 May 20211 min read

Shearwater GeoServices awarded Campos Basin 3D and 4D programmes by Petrobras

The 3D and 4D programmes will be conducted over 9 months by the SW Empress, over the Marlim, Albacora and Voador fields, starting in late 2Q21.

Zenith Energy completes acquisition of El Bibane and Robbana concessions
12 May 20211 min read

Zenith Energy completes acquisition of El Bibane and Robbana concessions

The El Bibane and Robbana concessions are located in Tunisia.

Wood Mackenzie comments on Australia Budget's impact on upstream sector
12 May 20211 min read

Wood Mackenzie comments on Australia Budget's impact on upstream sector

Shaun Brady, Wood Mackenzie, has said Australia's latest Budget demonstrates the government's commitment to a gas-fired recovery.

TGS begins Pelotas Basin survey offshore Brazil
12 May 20211 min read

TGS begins Pelotas Basin survey offshore Brazil

The survey will cover approximately 17 000 line km and work as an extension of the existing TGS Pelotas 2D.

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