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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.

Asia Pacific’s transforming energy landscape
23 Dec 20245 min read

Asia Pacific’s transforming energy landscape

Golak Patnaik, Principal Analyst, Asia Pacific Upstream Research, Wood Mackenzie, looks back at 2024’s upstream highlights for the Asia Pacific region, revealing the distinct dynamics at play in its varied oil and gas markets.

New oil and gas discovery near the Troll field in the North Sea
20 Dec 20241 min read

New oil and gas discovery near the Troll field in the North Sea

Equinor has made a discovery 17 km west of the Troll field in the North Sea. The discovery is currently estimated at 2 – 12 million boe.

Brand announces 6-year extension with NAM Offshore B.V. with an option for another 4 years
19 Dec 20241 min read

Brand announces 6-year extension with NAM Offshore B.V. with an option for another 4 years

Brand Energy & Infrastructure Services by BrandSafway will provide advanced access and maintenance services, to continue the 55 year partnership with NAM.

EnerMech secures extension for crane maintenance in Australia
19 Dec 20242 min read

EnerMech secures extension for crane maintenance in Australia

EnerMech secures extension for long-standing crane maintenance partnership in Australia.

DNO farms into Mistral exploration well through Horatio swap
19 Dec 20241 min read

DNO farms into Mistral exploration well through Horatio swap

The Mistral prospect is located just south of the Åsgard area in the Norwegian Sea.

Wood Mackenzie comments on the Woodside Chevron agreement
19 Dec 20241 min read

Wood Mackenzie comments on the Woodside Chevron agreement

Andrew Harwood, Vice President of Research, Upstream and Carbon Management at Wood Mackenzie shares a perspective on the recent agreement between Woodside and Chevron.

Woodside and Chevron agree to asset swap
19 Dec 20243 min read

Woodside and Chevron agree to asset swap

Woodside simplifies portfolio and unlocks long-term value.

Transocean Ltd. announces US$111 million ultra-deepwater drillship contract
18 Dec 20241 min read

Transocean Ltd. announces US$111 million ultra-deepwater drillship contract

Transocean Ltd. has announced that a four-well option was exercised for the Dhirubhai Deepwater KG1 with Reliance Industries Limited in India.

Seadrill announces Brazil contract awards for West Tellus and West Jupiter
18 Dec 20241 min read

Seadrill announces Brazil contract awards for West Tellus and West Jupiter

Seadrill has announced contract awards for the ultra-deepwater drillships, West Tellus and West Jupiter.

TechnipFMC awarded substantial subsea contract for Shell’s Bonga North development in Nigeria
18 Dec 20241 min read

TechnipFMC awarded substantial subsea contract for Shell’s Bonga North development in Nigeria

The contract covers the design and manufacture of subsea tree systems, manifolds, jumpers, controls, and services.

Arrow announces reaching target depth for the Alberta llanos-1 exploration well
17 Dec 20242 min read

Arrow announces reaching target depth for the Alberta llanos-1 exploration well

Arrow Exploration Corp., an operator with a portfolio of assets across key Colombian hydrocarbon basins, announces that it has reached target depth on the Alberta Llanos-1 well on the Tapir Block in the Llanos Basin of Colombia using the contracted Petroworks rig.

Kosmos Energy and Tullow Oil release statements regarding possible all-share offer by Kosmos for Tullow
17 Dec 20241 min read

Kosmos Energy and Tullow Oil release statements regarding possible all-share offer by Kosmos for Tullow

The Board of Tullow noted the recent media speculation and confirmed that it is in preliminary discussions with Kosmos Energy Ltd regarding a possible all-share offer by Kosmos for the company.

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