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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.

Eriell Group and JSC Uzbekneftegas bring new gas wells online
6 May 20213 min read

Eriell Group and JSC Uzbekneftegas bring new gas wells online

Eriell Group and Uzbekneftegaz JSC have put into commercial operation seven new gas wells in the Kashkadarya and Bukhara regions, as well as in the Republic of Karakalpakstan.

OKEA awards rig frame contract to COSL Drilling Europe
6 May 20212 min read

OKEA awards rig frame contract to COSL Drilling Europe

COSL will be the exclusive provider of semi-submersible drilling rigs for OKEA’s Norwegian Continental Shelf operations.

Production begins at Zinia Phase 2 project offshore Angola
6 May 20212 min read

Production begins at Zinia Phase 2 project offshore Angola

Located in water depths from 600 to 1200 m and about 150 km from the Angolan coast, Zinia Phase 2 resources are estimated at 65 million barrels of oil.

GlobalData: carbon capture and storage dominated by oil giants with no room for smaller operators
5 May 20212 min read

GlobalData: carbon capture and storage dominated by oil giants with no room for smaller operators

According to GlobalData, smaller operators will need government intervention to incentivise carbon capture to promote investments, because these companies will have to expend relatively more resources to lower their emissions as compared to oil giants.

Sercel enters negotiations to acquire Low Impact Seismic Sources
5 May 20212 min read

Sercel enters negotiations to acquire Low Impact Seismic Sources

Sercel and Low Impact Seismic Sources (LISS) have entered into exclusive negotiations for the acquisition of LISS by Sercel.

APICORP: MENA energy investments to exceed US$805 billion over next five years
5 May 20215 min read

APICORP: MENA energy investments to exceed US$805 billion over next five years

Committed gas investments in MENA for the period 2021-2025 are expected to total US$75 billion – US$9.5 billion less than the previous outlook.

FutureOn awarded digital twin contract from Aker BP
5 May 20212 min read

FutureOn awarded digital twin contract from Aker BP

Aker BP will adopt FutureOn’s digital twin software to digitise their workflows.

ANPG opens Congo, Kwanza blocks in ongoing bid round
5 May 20211 min read

ANPG opens Congo, Kwanza blocks in ongoing bid round

Angola’s National Oil, Gas and Biofuel’s Agency has officially opened blocks for licensing in the Onshore Lower Congo Basin and the Onshore Kwanza Basin.

NEO Energy publishes Low Carbon Transition Plan
5 May 20212 min read

NEO Energy publishes Low Carbon Transition Plan

NEO will seek to reduce the carbon intensity per barrel of oil equivalent produced by its portfolio by 50% by 2030.

BHP begins producing oil from Trinidad and Tobago project
5 May 20212 min read

BHP begins producing oil from Trinidad and Tobago project

At completion, Ruby is expected to have the capacity to produce up to 16 000 gross bpd of oil and 80 million gross standard ft3/d of natural gas.

Petrobras to contract new FPSO for Búzios field
4 May 20212 min read

Petrobras to contract new FPSO for Búzios field

The platform will be the ninth unit to operate in the field, in the Santos Basin pre-salt.

Vår Energi awards DNV inspection services contract
4 May 20212 min read

Vår Energi awards DNV inspection services contract

The contract will cover inspection services to Vår Energi’s full portfolio of assets on the Norwegian Continental Shelf.

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