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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.

EIA: Alaska crude oil production will grow in 2026 for the first time since 2017
19 Mar 20253 min read

EIA: Alaska crude oil production will grow in 2026 for the first time since 2017

EIA forecasts that Alaskan crude oil production will grow in 2026, for the first time since 2017.

An extra boost
18 Mar 20257 min read

An extra boost

Vijay Desiraju, Celonis, explains why process intelligence can help capture value in the upstream industry.

Petrobras reports results of exploratory well in Santos Basin
18 Mar 20252 min read

Petrobras reports results of exploratory well in Santos Basin

Petrobras has announced that it has identified the presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block.

Liza Unity becomes world’s first FPSO to receive ABS SUSTAIN-2 notation
17 Mar 20252 min read

Liza Unity becomes world’s first FPSO to receive ABS SUSTAIN-2 notation

The ABS-classed Liza Unity has become the first FPSO in the world to receive the SUSTAIN-2 notation from ABS.

Equinor announces natural gas production at Halten East development, Norwegian Sea
17 Mar 20253 min read

Equinor announces natural gas production at Halten East development, Norwegian Sea

Equinor has started production at the Halten East development in the Norwegian Sea, two years following approval from Norwegian authorities.

Libya's Mabruk oilfield resumes production after ten years
14 Mar 20252 min read

Libya's Mabruk oilfield resumes production after ten years

The country has experienced fluctuating oil production due to internal strife since the fall of Muammar Gaddafi in 2011.

Salunda launches wireless latch monitoring for red zone safety on drilling rigs
13 Mar 20252 min read

Salunda launches wireless latch monitoring for red zone safety on drilling rigs

Salunda has announced it has launched the Latch Hawk 2 fingerboard latch monitoring device, with the aim of preventing dropped objects and improving safety during pipe handling on offshore drilling rigs.

Murphy Oil Corporation announces strategic acquisition of FPSO vessel in Gulf of Mexico
13 Mar 20252 min read

Murphy Oil Corporation announces strategic acquisition of FPSO vessel in Gulf of Mexico

Murphy Oil Corporation has announced that a subsidiary has signed a Purchase and Sale Agreement to acquire an FPSO vessel from BW Offshore.

EIA updates forecast for 2025 US natural gas prices, expects oil prices to decrease later in the year
12 Mar 20253 min read

EIA updates forecast for 2025 US natural gas prices, expects oil prices to decrease later in the year

The US Energy Information Administration (EIA) revised its forecast for 2025 average US benchmark Henry Hub natural gas spot prices upward following a cold end to February.

Westwood: Deferred well plug and abandonment could add US$5.5 billion to UK decommissioning bill
11 Mar 20252 min read

Westwood: Deferred well plug and abandonment could add US$5.5 billion to UK decommissioning bill

Latest analysis from Westwood Global Energy Group (Westwood), the specialist energy market research and consultancy firm, reveals the extent of financial and logistical hurdles for North Sea decommissioning.

Powering the future of carbon capture: the role of synchronous motors
11 Mar 20254 min read

Powering the future of carbon capture: the role of synchronous motors

Adnan Ashraf, Global Industry Manager, ABB Large Motors and Generators, describes how medium-voltage synchronous motors help ensure the success of global CCUS deployment and implementation.

FPT provides Artificial Intelligence to Indonesia’s largest oil company, Pertamina
11 Mar 20252 min read

FPT provides Artificial Intelligence to Indonesia’s largest oil company, Pertamina

Global IT corporation FPT recently entered a partnership agreement with Indonesia’s state-owned oil and natural gas corporation, Pertamina, to drive AI-powered innovation in the energy sector.

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