Browse the latest upstream news news and articles.
Downhole Tools International (DTI), provider of coil tubing, wireline, slickline and cable deployed tools, has rebranded as Pragma as the company shifts strategic emphasis towards development and commercialisation of advanced well barrier technologies.
Aquaterra Energy reaches fabrication milestone for NEP CCS system
Odfjell Technology has signed a Memorandum of Understanding (MoU) with Applied New Technologies (ANT) to work together to deliver a next generation erosion tool for well plug and abandonment (P&A) projects across Southeast Asia.
Vår Energi ASA has submitted an amended Plan for Development and Operation (PDO) for the Goliat Gas Export (GGE) project to the Ministry of Energy, together with its partner Equinor.
TotalEnergies announces the completion of the merger between NEO NEXT and TotalEnergies’ UK upstream oil and gas business.
The move significantly expands Acteon’s global engineering capability and creates one of the industry’s most comprehensive fixed platform offerings.
Forum Energy Technologies’ subsea product line has secured a contract for long-term client DOF.
The collaboration will focus on optimising Viridien’s seismic imaging algorithms on NVIDIA accelerated computing platforms.
Nearly all 2030 targets now unattainable despite historic coal phaseout; offshore wind deployment trails by 20% as government races to address grid bottlenecks and spiralling costs.
The agreement, which commenced in early 2026, covers inspection and technical staffing services in support of multiple upstream energy projects and emerging new energy initiatives in Colombia and beyond.
Investment to fall as Norway projects unwind while UK faces lowest spending in over 50 years.
The report identifies five key themes that will shape the upstream sector in 2026 as operators balance capital discipline with strategic portfolio positioning for the 2030s.