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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.

Maersk Drilling given one-well contract extension with Total in Suriname
12 May 20211 min read

Maersk Drilling given one-well contract extension with Total in Suriname

Total has added the drilling of one additional appraisal well in Suriname’s Block 58 to the work scope of the semi-submersible rig Mærsk Developer.

McDermott awarded FEED contract for Trion FPU
12 May 20212 min read

McDermott awarded FEED contract for Trion FPU

The FPU will be designed for a water depth of approximately 8200 ft (2500 m) and will be located in the Trion Field, approximately 112 miles (180 km) off the Mexican coastline.

Buffalo-10 well due to be drilled in 4Q21
11 May 20212 min read

Buffalo-10 well due to be drilled in 4Q21

A tender process for the drilling rig is nearing completion, with the requirement for a suitable jack-up rig to be available in 4Q21.

Schlumberger and NOV to collaborate on automated drilling solutions
11 May 20212 min read

Schlumberger and NOV to collaborate on automated drilling solutions

The agreement will enable customers to combine Schlumberger surface and downhole drilling automation solutions with NOV’s rig automation platform.

Archer completes acquisition of DeepWell
11 May 20212 min read

Archer completes acquisition of DeepWell

DeepWell is a Norwegian well intervention company focused on high-tech based wireline services.

TGS begins Santos Basin 3D survey
10 May 20211 min read

TGS begins Santos Basin 3D survey

The survey is located in the western portion of the Santos Basin and works as a northwest extension of the existing TGS Santos 3D, covering approximately 5000 km2.

Oil rises as Colonial Pipeline hack hides the effect of COVID-19's spread in Asia
10 May 20213 min read

Oil rises as Colonial Pipeline hack hides the effect of COVID-19's spread in Asia

Oil prices rose on Monday as a cyberattack on key pipeline infrastructure in the US made up for bearish news over the pandemic’s further spread in Asia.

Keppel Offshore & Marine to build FPSO for Petrobras
10 May 20213 min read

Keppel Offshore & Marine to build FPSO for Petrobras

Scheduled for completion in late 2024, the P-78 FPSO will be customised for deployment in Brazil’s prolific Buzios field.

Bilfinger awarded inspection contract by Total E&P Denmark
10 May 20211 min read

Bilfinger awarded inspection contract by Total E&P Denmark

Commencing in July 2021, the contract will run for five years with 2x1-year extension options.

ERIELL wins Uz-Kor contract to work on wells in Uzbekistan
10 May 20212 min read

ERIELL wins Uz-Kor contract to work on wells in Uzbekistan

The tender involves ERIELL Group carrying out workovers and side-tracking works at the bottom of the Aral Sea.

GlobalData: Chevron should remain cautious in capital spending as it returns to profitability in 1Q21
10 May 20212 min read

GlobalData: Chevron should remain cautious in capital spending as it returns to profitability in 1Q21

Chevron is right in holding back in capital spending to boost production as its current priority remains in creating a strong balance sheet and generating free cash flow, says GlobalData.

CGG awarded OBN imaging contract in Brazil
10 May 20212 min read

CGG awarded OBN imaging contract in Brazil

CGG has been awarded a contract by Equinor for the seismic imaging of its Bacalhau 3D ocean bottom node survey.

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