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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.

31 wells sabotaged at oilfield in northeast Colombia
15 Jun 20201 min read

31 wells sabotaged at oilfield in northeast Colombia

The acts of sabotage took place at Ecopetrol’s La Cira-Infantas oilfield, near the city of Barrancabermeja, which produces around 35 000 bpd.

Shell awards FPSO decommissioning contract to AF Gruppen
12 Jun 20201 min read

Shell awards FPSO decommissioning contract to AF Gruppen

The Curlew FPSO operated in the North Sea.

Bahamas Petroleum and Columbus Energy Resources set to merge
12 Jun 20204 min read

Bahamas Petroleum and Columbus Energy Resources set to merge

The two companies have reached agreement on the terms of a recommended all-share merger, which would see Bahamas Petroleum acquire Columbus for approximately £25 million.

Opening the door to the Middle East
12 Jun 20208 min read

Opening the door to the Middle East

Stuart Kinnear, Interface Fluidics, reveals how venture capital firm Phaze Ventures worked with Interface Fluidics, a technology-enabled oil and gas lab service company, to bring new oil optimisation solutions to market.

Scottish government establishes support fund for industry diversification
12 Jun 20204 min read

Scottish government establishes support fund for industry diversification

The £62 million Energy Transition Fund will support businesses in the oil, gas and energy sectors over the next five years as they grow and diversify and will help attract private sector investment in the region.

Neptune Energy awarded drilling permit in Norway offshore licence
12 Jun 20201 min read

Neptune Energy awarded drilling permit in Norway offshore licence

Wells 34/4-15 S and 34/4-15 A in production licence 882 will be drilled from the Deepsea Yantai drilling facility.

Gabon increases 3D seismic access to offshore blocks on offer
12 Jun 20202 min read

Gabon increases 3D seismic access to offshore blocks on offer

Gabon’s Directorate General of Hydrocarbons and PGS have expanded the Gabon MegaSurvey coverage, significantly increasing access to 3D seismic over the 35 blocks on offer as part of the country's offshore licensing round.

Oil dips as rally decelerates and Covid-19 worries sink in
12 Jun 20203 min read

Oil dips as rally decelerates and Covid-19 worries sink in

Oil prices lost ground this morning, as traders corrected last week’s exuberant gains, amid worries that Covid-19 will not let demand recover as quickly as hoped.

TEMS International awarded Gulf of Mexico drilling support contracts
12 Jun 20202 min read

TEMS International awarded Gulf of Mexico drilling support contracts

The company will provide its continuous environmental compliance and drilling performance management services on both projects.

Legasea set to expand subsea operations
12 Jun 20203 min read

Legasea set to expand subsea operations

The UK-based subsea company is set to expand into international markets following the successful delivery of a variety of projects for exploration and production operators and oil and gas service companies.

Seeq expands support for oil and gas industry with WITSML and CygNet connectors
12 Jun 20203 min read

Seeq expands support for oil and gas industry with WITSML and CygNet connectors

Seeq Corp. has announced the availability of Seeq connectors to CygNet enterprise SCADA and WITSML data storage systems to expand support for oil and gas industry end users.

Global upstream investments set for 15-year low, predicts Rystad Energy
12 Jun 20204 min read

Global upstream investments set for 15-year low, predicts Rystad Energy

Global spending is forecasted to reach US$383 billion this year, the lowest level in 15 years and a 29% decrease of US$156 billion compared to 2019.

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