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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.

Maersk Drilling to carry out two-rig Suriname campaign for Total
24 Nov 20202 min read

Maersk Drilling to carry out two-rig Suriname campaign for Total

The conditional letter of award is for an exploration and appraisal project in Suriname’s Block 58.

Penspen wins contract from Galfar Engineering & Contracting Emirates
24 Nov 20202 min read

Penspen wins contract from Galfar Engineering & Contracting Emirates

Penspen will undertake well tie-in work at the Haliba oilfield in the UAE as well as peripheral prospects.

Suncor to assume Syncrude operatorship by end of 2021
24 Nov 20202 min read

Suncor to assume Syncrude operatorship by end of 2021

The Syncrude joint venture has agreed in principle that Suncor will become the operator of the Syncrude oil sands project in Alberta, Canada, by the end of 2021.

Aker Solutions awarded maintenance and modifications contract in Brazil by Equinor
23 Nov 20201 min read

Aker Solutions awarded maintenance and modifications contract in Brazil by Equinor

The company will provide maintenance and modifications services at the Peregrino field.

NPD announces 25th licensing round
19 Nov 20201 min read

NPD announces 25th licensing round

The licensing round encompasses 136 blocks in the Norwegian Sea and the Barents Sea.

VAALCO acquires Sasol's Gabon offshore assets
18 Nov 20203 min read

VAALCO acquires Sasol's Gabon offshore assets

The deal increases the company's net revenue interest (NRI) production from 4850 to 9150 bpd based on current month production.

Johan Sverdrup field increases production capacity
18 Nov 20202 min read

Johan Sverdrup field increases production capacity

The Johan Sverdrup field is increasing its daily production capacity, expecting to reach around 500 000 bpd by the end of the year.

Major drilling and downhole solutions provider announces the rebirth of a new era
18 Nov 20202 min read

Major drilling and downhole solutions provider announces the rebirth of a new era

Varel International Energy Services, a long-standing provider of drilling and downhole solutions, has announced its redefining vision for business growth.

Oil rises on unstable ground
18 Nov 20203 min read

Oil rises on unstable ground

Oil rose on Wednesday on vaccine and OPEC+ hopes, but the ground may be too shaky to support such gains.

BOEM proposes first Gulf of Mexico lease sale of 2021
17 Nov 20203 min read

BOEM proposes first Gulf of Mexico lease sale of 2021

Lease Sale 257, scheduled for March 2021, will be the eighth offshore sale under the 2017-2022 Outer Continental Shelf Oil and Gas Leasing Program.

Petrobras begins sale of 50% stake in Marlim Cluster assets
17 Nov 20202 min read

Petrobras begins sale of 50% stake in Marlim Cluster assets

The Marlim Cluster comprises four production concessions located in the Campos Basin.

Wellgrab secures funding for Electric Release Fishing Tool
17 Nov 20202 min read

Wellgrab secures funding for Electric Release Fishing Tool

Wellgrab has secured Research Council of Norway funding to support the launch of its new fishing tool.

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