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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.

LYTT analytics technology enhances production at BP's Clair Ridge site
22 Mar 20212 min read

LYTT analytics technology enhances production at BP's Clair Ridge site

LYTT has enhanced production at BP's North Sea Clair Ridge site by 2000 bpd via a 'tuning' strategy informed by real-time in-well data analysis.

GlobalData: Morocco moves closer to unlocking domestic gas riches, but funding still hangs in the balance
19 Mar 20212 min read

GlobalData: Morocco moves closer to unlocking domestic gas riches, but funding still hangs in the balance

GlobalData's latest report, Morocco Exploration & Production, reveals that Morocco is on the brink of unlocking its gas potential - even though the country is not a major producer and imports most of its gas.

OSSO to deploy mud cooler technology for Neptune Energy in North Sea
19 Mar 20213 min read

OSSO to deploy mud cooler technology for Neptune Energy in North Sea

Destined for the Seagull campaign in the UK Central North Sea, the technology will allow the operator to manage the field’s high bottom hole temperatures.

Murphy Oil sells 50% stake in King's Quay floating production system
19 Mar 20212 min read

Murphy Oil sells 50% stake in King's Quay floating production system

The King’s Quay floating production system in the Gulf of Mexico and its associated laterals will be co-owned in a joint venture with entities managed by Ridgewood Energy Corp., including ILX Holdings III, LLC.

Petrofac given Iraq contract extension
19 Mar 20211 min read

Petrofac given Iraq contract extension

Petrofac has been the incumbent operations and maintenance service provider at the facility for eight years. The facility is one of the largest in the Gulf and handles around 55% of Iraq’s crude oil exports.

TMC Compressors to supply marine compressed air system for FPSO Anita Garibaldi
19 Mar 20211 min read

TMC Compressors to supply marine compressed air system for FPSO Anita Garibaldi

The compressed air system will consist of large capacity service and instrument air compressors with associated air dryers and filters.

Equinor and partners chose development concept for BM-C-33 project in Brazil
19 Mar 20212 min read

Equinor and partners chose development concept for BM-C-33 project in Brazil

The well streams from the BM-C-33 field, in the Campos Basin, will be sent to a FPSO located at the field. Gas and oil/condensate will both be processed at the FPSO to sales specifications and exported.

Oil prices fall further on US crude inventories and AstraZeneca vaccine doubts
18 Mar 20213 min read

Oil prices fall further on US crude inventories and AstraZeneca vaccine doubts

Oil prices fell further on Thursday as a result of continuing doubts over the AstraZeneca vaccine and a rise in US crude inventories.

INEOS Energy acquires Hess' Danish upstream subsidiary
18 Mar 20212 min read

INEOS Energy acquires Hess' Danish upstream subsidiary

As part of the deal INEOS will acquire 61.5% of the Syd Arne oilfield, currently operated by Hess, which complements the 36.8% share INEOS already holds in the field. INEOS will also acquire 4.8% of the Solsort field, which is already operated by INEOS.

AUS$50 million in grants made available to support exploration in Beetaloo Basin
18 Mar 20212 min read

AUS$50 million in grants made available to support exploration in Beetaloo Basin

The grants are part of the Australian government’s Beetaloo Strategic Basin Plan to bring gas from the Beetaloo’s resources into the market by 2025.

Forum Energy Technologies appoints Brazilian partner
18 Mar 20212 min read

Forum Energy Technologies appoints Brazilian partner

Deepsea Technologies will provide business development and engineering support on behalf of Forum Energy Technologies (FET) in Brazil, and deliver full servicing, repair, calibration, upgrades and modifications for FET ROVs and associated tooling.

Sparrows Group awarded trio of Angolan contracts
18 Mar 20212 min read

Sparrows Group awarded trio of Angolan contracts

One of the awards is a three-year renewal to continue with the planned and corrective maintenance of all lifting equipment used on four FPSO vessels in the country.

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