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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.

Production and gas lift flowlines installed at Duva and Gjøa P1 projects
23 Jul 20202 min read

Production and gas lift flowlines installed at Duva and Gjøa P1 projects

Gjøa P1 is on track to achieve first oil two months ahead of the original plan.

Video: BGS interview with Yannis Bassias, former President & CEO at Hellenic Hydrocarbon Resources Management
23 Jul 20201 min read

Video: BGS interview with Yannis Bassias, former President & CEO at Hellenic Hydrocarbon Resources Management

Yannis Bassias, former President & CEO at Hellenic Hydrocarbon Resources Management (HHRM), talks about exploration in the Mediterranean, changes in the gas market, ultra-deepwater drilling, and explains why Greece “is not a declared gas province yet”.

Energy transition projects could replace up to 40% of the OFS industry’s lagging upstream revenue
23 Jul 20205 min read

Energy transition projects could replace up to 40% of the OFS industry’s lagging upstream revenue

Rystad analysis has suggested that oilfield service suppliers could diversify some oil and gas capabilities and replace up to 40% of 2019’s revenue by servicing the renewable markets.

Gardner Denver launches pump for horizontal directional drilling market
23 Jul 20202 min read

Gardner Denver launches pump for horizontal directional drilling market

The GD 250HDD pump expands Gardner Denver’s pump offerings into the wider horizontal directional drilling space for the first time.

Baker Hughes reports loss in 2Q20
22 Jul 20202 min read

Baker Hughes reports loss in 2Q20

Revenue from Baker Hughes’ oilfield services business, which accounts for about half of total sales, tumbled 26% to US$2.41 billion in 2Q20.

Scarabeo 8 resumes drilling activities in Norway
22 Jul 20201 min read

Scarabeo 8 resumes drilling activities in Norway

Saipem and Vår Energi have reached an agreement for the execution of 4 wells to be drilled in the Barents Sea and in the North Sea.

Oil prices down on US stock builds
22 Jul 20204 min read

Oil prices down on US stock builds

Oil prices are losing some of yesterday’s gains as API reports an unexpected stock build in US crude inventories.

Fugro completes first phase of offshore site investigation for Qatargas’ North Field
22 Jul 20201 min read

Fugro completes first phase of offshore site investigation for Qatargas’ North Field

The fieldwork started in March and, while phase one marks completion of the geophysical scope, the geotechnical scope in phase two will run as planned until August this year.

Decom North Sea appoints new board members
22 Jul 20202 min read

Decom North Sea appoints new board members

Callum Falconer and Steve Simpson have both been nominated onto the DNS board, following a period of time spent as nominated members of the organisation’s Decommissioning Leadership Group.

BW Offshore receives contract extension for FPSO Polvo
21 Jul 20201 min read

BW Offshore receives contract extension for FPSO Polvo

BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo.

Claxton and Aker BP sign master service agreement
21 Jul 20201 min read

Claxton and Aker BP sign master service agreement

The agreement covers Aker BP’s Norwegian operations and includes Claxton’s range of drilling support services and asset life extension and decommissioning equipment and services.

Heerema achieves largest single lift jacket removal
21 Jul 20201 min read

Heerema achieves largest single lift jacket removal

The semi-submersible crane vessel Sleipnir has successfully removed the 8100 mT Jotun-B jacket for Vår Energi.

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