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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.

Qatargas awards McDermott North Field South engineering contract
7 Jan 20211 min read

Qatargas awards McDermott North Field South engineering contract

The contract scope includes the replication of five offshore wellhead platforms.

Oil gains on Saudi Arabian voluntary output cut
6 Jan 20213 min read

Oil gains on Saudi Arabian voluntary output cut

Oil prices rose on Wednesday, capitalising on Saudi Arabia’s promised voluntary output cut from February.

Resolution 3D survey delayed
6 Jan 20211 min read

Resolution 3D survey delayed

Shell has said that the marine 3D seismic survey, planned over the Resolution and Endeavour gas discoveries, is now anticipated to be acquired in February 2022 rather than 1Q21.

Drilling begins at Canje Block offshore Guyana
6 Jan 20212 min read

Drilling begins at Canje Block offshore Guyana

The Stena Carron drillship has arrived on location at the Bulletwood-1 wellsite on the Canje Block, offshore Guyana and has commenced drilling operations.

Liberty and Schlumberger complete North American pressure pumping deal
6 Jan 20212 min read

Liberty and Schlumberger complete North American pressure pumping deal

The two companies have completed the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada to Liberty.

Oil prices rise on OPEC+ meeting and Gulf tensions
5 Jan 20212 min read

Oil prices rise on OPEC+ meeting and Gulf tensions

Oil prices rose on Tuesday after Monday’s OPEC+ conservatism and helped by rising tensions in the Gulf.

Santos makes Bayu-Undan development FID
5 Jan 20212 min read

Santos makes Bayu-Undan development FID

The programme at the Bayu-Undan field in the Timor Sea comprises three production wells (two platform and one subsea) and will develop additional natural gas and liquids reserves.

Boskalis acquires Rever Offshore
5 Jan 20211 min read

Boskalis acquires Rever Offshore

Through this transaction, Boskalis will obtain two diving support vessels, of which one is fully owned (Rever Polaris) and a second chartered (Rever Topaz).

Express Engineering sells off aerospace division to focus on oil and gas
5 Jan 20212 min read

Express Engineering sells off aerospace division to focus on oil and gas

UK-based Express Engineering, which manufactures, assembles, and tests solutions for subsea production systems, has sold its aerospace division for an undisclosed sum.

Lundin Energy given drilling permit near Solveig field
5 Jan 20211 min read

Lundin Energy given drilling permit near Solveig field

The drilling programme for well 16/4-13 S relates to the drilling of a wildcat well in production licence 359.

Mærsk Inspirer jack-up rig installed at Yme field
4 Jan 20211 min read

Mærsk Inspirer jack-up rig installed at Yme field

The Yme New Development project is now moving into the phase for hook-up, commissioning and preparation for production startup.

First steel cut on SOFEC’s Sangomar FPSO turret mooring
4 Jan 20212 min read

First steel cut on SOFEC’s Sangomar FPSO turret mooring

The FPSO will be deployed at Senegal's first offshore oil development.

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