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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.

Scarborough JV receives production licence offers
10 Nov 20202 min read

Scarborough JV receives production licence offers

Woodside Energy has said that the Scarborough Joint Venture intends to accept the offers for the grant of petroleum production licences.

Beach Energy makes gas discovery in Otway Basin
10 Nov 20203 min read

Beach Energy makes gas discovery in Otway Basin

Beach Energy has announced a gas discovery at Enterprise 1 in licence VIC/P42(V) in the nearshore Victorian Otway Basin.

Seabed Geosolutions awarded two 4D OBN surveys in Brazil
10 Nov 20201 min read

Seabed Geosolutions awarded two 4D OBN surveys in Brazil

The total combined duration of the two surveys, awarded by Petrobras, is estimated around eight months.

Saipem to begin final phase of Payara development
10 Nov 20202 min read

Saipem to begin final phase of Payara development

Saipem has received authorisation to proceed with the final phase of the Payara development project in Guyana from Esso Exploration and Production Guyana Ltd.

Oil recovers as US uncertainty fades, but challenges lay ahead
9 Nov 20203 min read

Oil recovers as US uncertainty fades, but challenges lay ahead

Oil prices recover as the uncertainty over the US election result subsides, but the market has challenges to face in weeks ahead.

McDermott announces second shipment of MODEC FPSO modules
6 Nov 20201 min read

McDermott announces second shipment of MODEC FPSO modules

The FPSO will be located in the Area 1 block, approximately 6 miles (10 km) off the coast of Mexico.

Petrofac completes sale of Mexican interests
3 Nov 20201 min read

Petrofac completes sale of Mexican interests

Petrofac has completed the sale of its remaining 51% interest in its upstream IES operations in Mexico to Perenco Energies International Limited.

Independent Oil and Gas awards Noble Corp. rig contract
3 Nov 20203 min read

Independent Oil and Gas awards Noble Corp. rig contract

Independent Oil and Gas has awarded the rig contract for its Core Project Phase 1 to a subsidiary of Noble Corp.

Lufkin Industries acquires Schlumberger's North America rod lift business
3 Nov 20202 min read

Lufkin Industries acquires Schlumberger's North America rod lift business

Lufkin Industries, a portfolio company of KPS Capital Partners, LP (KPS), has completed the acquisition of the North American Land Rod lift business of Schlumberger N.V.

Premier Oil creditors support merger with Chrysaor
3 Nov 20201 min read

Premier Oil creditors support merger with Chrysaor

Premier Oil has received the requisite level of support from each class of its creditors for its proposed merger with Chrysaor Holdings Limited.

Dolphin Drilling expands presence in Norwegian Continental Shelf
2 Nov 20201 min read

Dolphin Drilling expands presence in Norwegian Continental Shelf

Dolphin Drilling has secured a new combined contract with Norwegian oil and gas operator DNO Norge AS.

The post-pandemic energy workforce
2 Nov 20203 min read

The post-pandemic energy workforce

Janette Marx, Airswift, recently sat down with several energy industry leaders to discuss what the energy workforce will look like post-pandemic.

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