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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.

Well Control School launches training aid
28 Apr 20202 min read

Well Control School launches training aid

Well Control School has announced the launch of the SMART knowledge retention programme, a new online well control training aid.

BP releases 1Q20 results
28 Apr 20203 min read

BP releases 1Q20 results

BP has reported an underlying replacement cost profit of US$0.8 billion, compared with US$2.4 billion for 1Q19.

African Energy Chamber: Uganda underlines intention to become major player
28 Apr 20203 min read

African Energy Chamber: Uganda underlines intention to become major player

The African Energy Chamber has said that Tullow Oil and Total's resolving of a long-standing capital gains tax dispute will make Uganda the biggest crude producer in East Africa.

Diamond Offshore begins Chapter 11 proceedings
28 Apr 20202 min read

Diamond Offshore begins Chapter 11 proceedings

Diamond intends to use the proceedings to restructure and strengthen its balance sheet and achieve a more sustainable debt profile.

Rystad Energy comments on second day of price decline
28 Apr 20202 min read

Rystad Energy comments on second day of price decline

Oil prices have declined for a second day on storage concerns.

Petrobras agrees FPSO extension with BW Offshore
28 Apr 20201 min read

Petrobras agrees FPSO extension with BW Offshore

Petrobras has extended its lease of the BW Cidade de São Vicente FPSO by 48 days.

OGUK calls for urgent action to preserve jobs and energy security
28 Apr 20204 min read

OGUK calls for urgent action to preserve jobs and energy security

OGUK has warned that up to 30 000 jobs could be lost in the sector as it called for the transition to net zero to be put at the heart of recovery plans.

Oil and Gas Authority releases Wells Strategy report
28 Apr 20201 min read

Oil and Gas Authority releases Wells Strategy report

The Oil and Gas Authority’s (OGA) new Wells Strategy report highlights how well intervention activity is set to increase.

Canada's upstream spending set for 41% y/y decline
27 Apr 20202 min read

Canada's upstream spending set for 41% y/y decline

Rystad Energy expects total 2020 Canadian upstream spending to fall below CAN$21 billion.

ADNOC and ADPower launch joint tender for subsea power transmission network
27 Apr 20203 min read

ADNOC and ADPower launch joint tender for subsea power transmission network

The subsea transmission system, expected to begin commercial operation in 2025, will connect ADNOC’s offshore production facilities to ADPower’s onshore electricity grid.

Nigeria delays oil export plans
27 Apr 20202 min read

Nigeria delays oil export plans

Nigeria’s state oil company has delayed publishing its future oil export plans as it negotiates with local companies and international majors about how to cut output.

SBM Offshore completes construction of Johan Castberg turret mooring system
27 Apr 20202 min read

SBM Offshore completes construction of Johan Castberg turret mooring system

SBM Offshore has announced the sailaway of the last two modules for the turret mooring system, destined for Singapore for integration into the hull of Equinor’s Johan Castberg FPSO.

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