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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.

Oceaneering awarded integrated rig services contract for Gulf of Mexico development
3 Mar 20211 min read

Oceaneering awarded integrated rig services contract for Gulf of Mexico development

The contract covers the Khaleesi/Mormont and Samurai fields in the US Gulf of Mexico.

Rystad Energy comments on upcoming OPEC+ meeting
3 Mar 20217 min read

Rystad Energy comments on upcoming OPEC+ meeting

Oil prices stated the day with optimism after several days of trimming February gains, as markets hope for positive news from this month’s coming OPEC+ meeting.

Aquaterra Energy secures riser contract for well intervention
3 Mar 20212 min read

Aquaterra Energy secures riser contract for well intervention

The contract is with a marine vessel owner and operator for deeper water well intervention projects, mainly in the Asia-Pacific region.

GlobalData: early flurry of FIDs kicks off more promising year for upstream oil and gas across EMEA
3 Mar 20213 min read

GlobalData: early flurry of FIDs kicks off more promising year for upstream oil and gas across EMEA

2021 is forecast to see a bump in both field starts and final investment decisions across the Europe, Middle East and Africa (EMEA) region, says GlobalData.

SOFEC delivers upper tower and mooring support and yoke structures for FPSO MIAMTE MV34
3 Mar 20212 min read

SOFEC delivers upper tower and mooring support and yoke structures for FPSO MIAMTE MV34

Due to the challenging field criteria at the site of the FPSO in the Gulf of Mexico, SOFEC developed a first of a kind Disconnectable Tower Yoke Mooring System.

Dropsafe launches Perimeter Safety Net system to protect offshore personnel and assets
2 Mar 20213 min read

Dropsafe launches Perimeter Safety Net system to protect offshore personnel and assets

The system attaches to the perimeter frames of helidecks to protect personnel from falling and prevent loose objects from becoming dynamic Drops hazards.

Nucore awarded North Sea contracts
2 Mar 20212 min read

Nucore awarded North Sea contracts

Nucore Group has been awarded contracts to provide heating, ventilation, air conditioning and refrigeration maintenance, as well as fire safety services, to operators in the North Sea.

ERIELL releases 2020 production figures
2 Mar 20213 min read

ERIELL releases 2020 production figures

Projects were concentrated in Russia and Uzbekistan and the Group drilled 1.33 million m (2019: 1.37 million m). Similarly, the number of wells drilled was almost identical - 344 (2019: 350).

Enteq Upstream launches SABER Tool
2 Mar 20213 min read

Enteq Upstream launches SABER Tool

The SABER Tool uses internally directed pressure differentials to steer from the drill bit face, delivering true 'at-bit' geosteering.

Union Jack Oil acquires further 15% interest in Biscathorpe
1 Mar 20212 min read

Union Jack Oil acquires further 15% interest in Biscathorpe

The company now holds a 45% interest in the project in Lincolnshire, UK.

Amarinth delivers titanium pumps for FPSO vessels in Brazil
1 Mar 20213 min read

Amarinth delivers titanium pumps for FPSO vessels in Brazil

The order of four pumps from VWS Westgarth, which supplies and operates sulfate reduction membrane systems, was for chemically enhanced backwash pumps to be installed aboard two FPSO vessels operated by Petrobas off the coast of Brazil.

Oil prices boosted by US stimulus bill and new vaccine approval
1 Mar 20214 min read

Oil prices boosted by US stimulus bill and new vaccine approval

Oil prices started the week boosted by the US stimulus bill that the US House of Representatives passed but a risk of bearish developments could trim gains going forward.

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