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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.

Strike action in Norwegian North Sea called off
16 Feb 20211 min read

Strike action in Norwegian North Sea called off

Production operations at the Johan Sverdrup field and Mongstad terminal will continue as normal.

Carnarvon Petroleum awards Petrofac drilling management services contract
15 Feb 20212 min read

Carnarvon Petroleum awards Petrofac drilling management services contract

The contract relates to Carnarvon's Buffalo project offshore Timor-Leste, where the objective is to drill the Buffalo-10 well in the second half of 2021.

ONGC sees peak gas output from Krishna Godavari block in 2024
15 Feb 20212 min read

ONGC sees peak gas output from Krishna Godavari block in 2024

ONGC will ramp up gas production from its Krishna Godavari Basin block to about 3-3.5 million m3/d from May, which will be further raised to 8.5 million m3/d in 2022/23 before hitting peak rate in 2024.

Repsol Sinopec, TechnipFMC and Petrofac form alliance to maximise recovery of North Sea reserves
15 Feb 20212 min read

Repsol Sinopec, TechnipFMC and Petrofac form alliance to maximise recovery of North Sea reserves

The partnership will offer the owners of oil and gas discoveries near Repsol Sinopec’s existing North Sea infrastructure hubs an integrated, technically robust and commercially flexible solution to meet their near to mid-term development objectives.

Vysus Group awarded risk consulting contract by Norway's PSA
15 Feb 20212 min read

Vysus Group awarded risk consulting contract by Norway's PSA

Norway’s authority on petroleum safety has awarded a contract to Vysus Group for risk consulting services.

Oil prices rise on US supply slowdown and bullish market sentiment
15 Feb 20213 min read

Oil prices rise on US supply slowdown and bullish market sentiment

Oil prices have jumped again as cold weather causes US supply growth slowdown, in addition to an overall bullish market sentiment.

GlobalData: global oil and gas contracts saw relatively steady activity during 4Q20
15 Feb 20212 min read

GlobalData: global oil and gas contracts saw relatively steady activity during 4Q20

GlobalData’s latest report, ‘Q4 2020 Global Oil & Gas Industry Contracts Review’, states that the upstream sector reported a total of 815 contracts in 4Q20.

API welcomes clean energy funding announced by US Department of Energy
15 Feb 20212 min read

API welcomes clean energy funding announced by US Department of Energy

The US$100 million announced under DOE’s Advanced Research Projects Agency-Energy programme aims to identify and help develop cutting-edge, innovative technologies needed to further reduce greenhouse gas emissions and tackle climate change.

Tendeka and Northern Solutions sign Alaskan services agreement
12 Feb 20212 min read

Tendeka and Northern Solutions sign Alaskan services agreement

Northern Solutions Alaska LLC will represent Tendeka in actively promoting sales, installation, and services of its completion products and technologies in the region.

OGUK comments on Shell transformation plans
12 Feb 20211 min read

OGUK comments on Shell transformation plans

OGUK Sustainability Director, Mike Tholen, has said that it is "an exciting time" for the UK's oil and gas industry.

12 Feb 20212 min read

Enteq Upstream hires RSS Product Director

Neil Bird will be responsible for the company's development and commercialisation of an alternative to traditional RSS tools.

Shell sets out net-zero plans
12 Feb 20216 min read

Shell sets out net-zero plans

Shell has set out its strategy to accelerate its transformation into a provider of net-zero emissions energy products and services.

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