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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.

Drilling begins at Dugong appraisal well
1 Mar 20212 min read

Drilling begins at Dugong appraisal well

The Neptune-operated Dugong discovery, in Production Licence 882, was one of the largest discoveries on the Norwegian Continental Shelf in 2020.

Fugro to carry out environmental and geotechnical surveys offshore Angola
1 Mar 20212 min read

Fugro to carry out environmental and geotechnical surveys offshore Angola

Fugro has been awarded multiple contracts by Eni Angola to carry out geotechnical and environmental surveys off the coast of Angola between now and May.

Lamprell awarded Marjan field contract by Saudi Aramco
26 Feb 20211 min read

Lamprell awarded Marjan field contract by Saudi Aramco

Work on the contract consists of two offshore production deck modules and associated pipeline and subsea cables in Saudi Aramco’s Marjan field.

Petronas reports 4Q20 loss
26 Feb 20211 min read

Petronas reports 4Q20 loss

Petronas have reported a US$272 million loss after tax for 4Q20.

Seven companies apply for production licenses in Norway's 25th licensing round
26 Feb 20211 min read

Seven companies apply for production licenses in Norway's 25th licensing round

The companies applying for production licenses in the 25th licensing round on the Norwegian shelf include Shell, Equinor and OMV.

Chevron commits US$300 million to low-carbon technology
25 Feb 20212 min read

Chevron commits US$300 million to low-carbon technology

The company's Future Energy Fund II is focused on technologies that have the potential to enable affordable, reliable and cleaner energy.

TWMA awarded drilling waste management contract with Spirit Energy at Grove field
25 Feb 20213 min read

TWMA awarded drilling waste management contract with Spirit Energy at Grove field

The first scope of a five-year contract will see TWMA provide drilling waste management services on the harsh-environment jack-up rig Maersk Resolve as Spirit Energy drills the Grove North East well in the Southern Sector of the North Sea.

SBM Offshore signs FPSO LOI with Petrobras
25 Feb 20212 min read

SBM Offshore signs FPSO LOI with Petrobras

SBM Offshore has signed a letter of intent (LOI) together with Petróleo Brasileiro S.A. (Petrobras) for a 26.25-year lease and operate contract for the FPSO Almirante Tamandaré in Rio de Janeiro, Brazil.

TechnipFMC subsidiary awarded Limbayong project contract
24 Feb 20211 min read

TechnipFMC subsidiary awarded Limbayong project contract

The contract covers the development of 10 deepwater wells and their tieback to the Limbayong FPSO unit in Malaysia.

Gardner Denver announces GD 2500Q HDF to extend pump service life
24 Feb 20212 min read

Gardner Denver announces GD 2500Q HDF to extend pump service life

The new GD 2500Q Heavy Duty Frame (HDF) quintuplex pump is designed to extend pump service life through an optimised power end frame design.

ExxonMobil sells North Sea UK assets to NEO Energy
24 Feb 20212 min read

ExxonMobil sells North Sea UK assets to NEO Energy

The sale to HitecVision, through its wholly owned portfolio company NEO Energy, covers most of ExxonMobil’s non-operated upstream assets in the United Kingdom central and northern North Sea.

Subsea 7 and OneSubsea to work on Morocco gas development project
23 Feb 20213 min read

Subsea 7 and OneSubsea to work on Morocco gas development project

Chariot Oil & Gas Ltd has signed an agreement with Subsea 7 and OneSubsea to work together to enable the front-end design, engineering, procurement, construction, installation and operation of the Anchois gas development project.

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