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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.

Aker Solutions to deliver subsea production system for Askeladd offshore gas development
30 Jun 20201 min read

Aker Solutions to deliver subsea production system for Askeladd offshore gas development

The development of Askeladd Vest is phase two of the multi-phased Snøhvit gas development in the Barents Sea.

Subsea 7 secures Hod field development contract
30 Jun 20201 min read

Subsea 7 secures Hod field development contract

The contract scope includes EPCI for pipelines, umbilicals and tie-ins.

ConocoPhillips announces estimated 2Q20 production curtailments
30 Jun 20202 min read

ConocoPhillips announces estimated 2Q20 production curtailments

Excluding Libya, and adjusting for closed dispositions and curtailments, production in 2Q20 is expected to be in line with the same period a year ago and approximately 5% below 1Q20.

Iraq’s OPEC+ compliance doomed to fall short of target, says Rystad Energy
30 Jun 20205 min read

Iraq’s OPEC+ compliance doomed to fall short of target, says Rystad Energy

Rystad Energy estimates Iraq’s actual ability to cut more barrels is limited to between 300 000 and 500 000 bpd.

Oil prices decline as a careful market waits for concrete positive news
30 Jun 20203 min read

Oil prices decline as a careful market waits for concrete positive news

Oil prices declined this morning as traders continue to keep them in manageable levels, on anticipation of more bullish news and with a wary eye on how Covid-19 evolves.

PGS and ION to collaborate on 2D exploration
30 Jun 20202 min read

PGS and ION to collaborate on 2D exploration

The new joint data library will comprise nearly 1 million line km of complementary data.

Schlumberger launches digital service for remote wellsite operations control optimisation
30 Jun 20201 min read

Schlumberger launches digital service for remote wellsite operations control optimisation

The Performance Live service provides customers with instant access to data and collaboration with domain experts, enabling faster, more informed decision making for directional drilling, well logging, formation testing and other oil and gas operations.

Petronas to use Maersk semi-submersible for Suriname exploration campaign
30 Jun 20201 min read

Petronas to use Maersk semi-submersible for Suriname exploration campaign

The semi-submersible rig Mærsk Developer will used for a one-well exploration campaign in Block 52 offshore Suriname.

Tracerco secures flooded member inspection project in the Caribbean
30 Jun 20201 min read

Tracerco secures flooded member inspection project in the Caribbean

The company will use an ROV to identify the presence of any flooding in multiple vertical, horizontal and angled platform members.

Shell's revised 2Q20 outlook warns of impairments of up to US$22 billion
30 Jun 20201 min read

Shell's revised 2Q20 outlook warns of impairments of up to US$22 billion

The impairment charges anticipated are based upon the company expecting the price of Brent to be average approximately US$35/bbl in 2020 and the Henry Hub gas spot price US$1.75/MMBtu.

LLOG Exploration sanctions Taggart discovery
29 Jun 20202 min read

LLOG Exploration sanctions Taggart discovery

The Taggart discovery is located on Mississippi Canyon Block 816 in approximately 5650 ft of water.

Aker Solutions awarded maintenance and modifications work by Aker BP
29 Jun 20201 min read

Aker Solutions awarded maintenance and modifications work by Aker BP

The work covers Aker BP's Ula, Skarv, Valhall and Tambar fields offshore Norway.

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