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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.

Equinor given consent to drill wildcat well in production licence 532
8 Feb 20211 min read

Equinor given consent to drill wildcat well in production licence 532

The well will be drilled about 10 km southwest of the 7220/8-1 discovery well on the Johan Castberg field.

Petrobras concludes sale of Frade field
8 Feb 20212 min read

Petrobras concludes sale of Frade field

Petrobras has completed the sale of its 30% participation in the Frade field, located in the Campos Basin, to PetroRio Jaguar Petróleo Ltda.

Bahamas Petroleum Co. makes non-commercial oil discovery
8 Feb 20214 min read

Bahamas Petroleum Co. makes non-commercial oil discovery

Following the completion of drilling of its Perseverance #1 well in The Bahamas the company has announced that commercial volumes of oil have not been proven.

Maersk Drilling lands drillship contract in Korea
8 Feb 20212 min read

Maersk Drilling lands drillship contract in Korea

The drillship Maersk Viking has been contracted to drill one exploration well in Block 6-1 offshore the Republic of Korea later this year.

OPEX extends data analytics partnership with Dana Petroleum
5 Feb 20212 min read

OPEX extends data analytics partnership with Dana Petroleum

As Dana’s data analytics partner, OPEX will be applying its X-PAS analytics platform across the firm’s Triton and Western Isles FPSO assets.

Rystad Energy: oil price correction may be around the corner
5 Feb 20213 min read

Rystad Energy: oil price correction may be around the corner

Oil prices rose on Friday, supported by Saudi Aramco’s selling prices and an overall market confidence that storage draws and tight OPEC+ supply inspire. But a correction may soon be due.

Emerson releases software for automation and digitalisation of multiphase flow measurement
5 Feb 20212 min read

Emerson releases software for automation and digitalisation of multiphase flow measurement

The Roxar Rapid Adaptive Measurement software platform increases confidence in multiphase flow measurement while cost-effectively automating the process.

Equinor and partners discover oil near Troll field
5 Feb 20213 min read

Equinor and partners discover oil near Troll field

Recoverable resources at the Røver North discovery are estimated at between 7 and 11 million m3 of oil equivalent, corresponding to 44 – 69 million boe.

Maersk Drilling secures two-well contract for low-emission rig with Aker BP
5 Feb 20212 min read

Maersk Drilling secures two-well contract for low-emission rig with Aker BP

The Maersk Integrator will return to Aker BP’s Ivar Aasen field for a two-well campaign expected to commence in 3Q21.

TechnipFMC announces dates for separation into two companies
5 Feb 20212 min read

TechnipFMC announces dates for separation into two companies

Technip Energies will become an independent public company and no longer part of TechnipFMC on 16 February 2021.

Hunting and Well Data Labs form strategic alliance
4 Feb 20212 min read

Hunting and Well Data Labs form strategic alliance

Hunting is providing convertible capital financing to support Well Data Labs' growth ambitions in the onshore technical well data analytics market.

Cudd Well Control and Worldwide Facilities, LLC sign alliance agreement
4 Feb 20212 min read

Cudd Well Control and Worldwide Facilities, LLC sign alliance agreement

Worldwide Facilities, a national wholesale insurance broker, has made Cudd Well Control its preferred well control provider to the global oil and gas industry.

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