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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.

Subsea 7 secures Gulf of Mexico contract
2 Jul 20201 min read

Subsea 7 secures Gulf of Mexico contract

Offshore installation activities are scheduled for 2020.

Oil recovers gains as US crude stocks relief reassures traders
2 Jul 20202 min read

Oil recovers gains as US crude stocks relief reassures traders

Oil prices rose this morning, reversing earlier losses, as a crude stockpile relief in the US, still inspires market confidence.

Successful applicants for exploration acreage in Cooper and Otway Basins announced
1 Jul 20201 min read

Successful applicants for exploration acreage in Cooper and Otway Basins announced

Beach Energy, Cooper Energy, Leigh Creek Energy, Cordillo Energy, Gidgee Energy and Vintage Energy are the companies to have been awarded exploration licences by the South Australia State Government.

Eni makes gas discovery offshore Egypt
1 Jul 20202 min read

Eni makes gas discovery offshore Egypt

The exploration well drilled by Eni is located in the North El Hammad licence in the Nile Delta.

Neptune Energy awards Cygnus field inspection contract to Fugro
1 Jul 20202 min read

Neptune Energy awards Cygnus field inspection contract to Fugro

Fugro’s scope of work includes inspection of subsea infrastructure including pipelines and umbilicals, spools and communication cables, and standard structural surveys of the Neptune-operated Cygnus gas platform jackets.

Eni contracts Vantage Drilling jack-up rig
1 Jul 20201 min read

Eni contracts Vantage Drilling jack-up rig

The Topaz Driller has been contracted to perform drilling services offshore Montenegro for 180 days.

Oil prices strengthen on stock relief indication
1 Jul 20203 min read

Oil prices strengthen on stock relief indication

Oil prices rose this morning on indications that crude inventories in the US fell by more than 8 million bpd last week.

CGG GeoSoftware and Alibaba Cloud to support E&P companies with cloud geoscience technologies
1 Jul 20202 min read

CGG GeoSoftware and Alibaba Cloud to support E&P companies with cloud geoscience technologies

CGG GeoSoftware has collaborated with Alibaba Cloud to deploy its suite of proprietary geoscience software solutions on the Alibaba Cloud platform.

SBM Offshore completes bridge loan for FPSO Sepetiba
1 Jul 20202 min read

SBM Offshore completes bridge loan for FPSO Sepetiba

The US$600 million bridge loan facility will be drawn in July 2020 to finance the ongoing construction of the FPSO Sepetiba.

Oceaneering to provide inspection services in Angola for Chevron subsidiary
1 Jul 20201 min read

Oceaneering to provide inspection services in Angola for Chevron subsidiary

Oceaneering will provide inspection services for Cabinda Gulf Oil Company Ltd. onshore Cabinda, Angola, and offshore Angola on Blocks 0 and 14.

Shearwater lands seismic contracts with CGG and Oil India
1 Jul 20203 min read

Shearwater lands seismic contracts with CGG and Oil India

The company will carry out the Brazil Nebula survey extension for CGG and a 3D scope for Oil India lasting 1.5 months, starting in 3Q20.

TGS and PGS release final data for Torngat 3D offshore Labrador
1 Jul 20201 min read

TGS and PGS release final data for Torngat 3D offshore Labrador

The Torngat survey covers approximately 3300 km2 and sits within Labrador Sea’s southern sedimentary basins, where frontier exploration has already successfully identified hydrocarbons.

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