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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.

Energean buys oil and gas division of Edison
5 Jul 20192 min read

Energean buys oil and gas division of Edison

The acquisition is set to expand Energean’s operations in the eastern Mediterranean gas hub, where Edison has a significant presence in Egypt’s rapidly-growing offshore basin.

Equatorial Guinea presents oil and gas licenses at roadshow in Beijing
5 Jul 20192 min read

Equatorial Guinea presents oil and gas licenses at roadshow in Beijing

100 Chinese investors participated and discussed investment in oil and gas with the African country's Ministry of Mines and Hydrocarbons’ delegation.

GlobalData: Susquehanna county drives natural gas production in Marcellus Shale in US
4 Jul 20192 min read

GlobalData: Susquehanna county drives natural gas production in Marcellus Shale in US

Located in close proximity to the major industrial hubs on the US East Coast, Marcellus and Utica shale plays in the Appalachian basin have witnessed steady natural gas production growth over the last five-six years.

Equinor discovers further oil in Oseberg field
4 Jul 20192 min read

Equinor discovers further oil in Oseberg field

Recoverable resources are estimated at 22 million bbl of oil.

Anglo African Oil & Gas proposes fundraise to re-enter Tilapia field
4 Jul 20192 min read

Anglo African Oil & Gas proposes fundraise to re-enter Tilapia field

The company is aiming to raise up to £8.25 million through the issuance of new ordinary shares.

Sparrows Group secures rigging maintenance contract in Qatar
4 Jul 20192 min read

Sparrows Group secures rigging maintenance contract in Qatar

The four-year contract includes the provision of services for the refurbishment, repair, load test and recertification of rigging lofts and contents.

ExxonMobil, Total, Chevron and Kosmos Energy recognised at Wood Mackenzie's Exploration Awards ceremony
3 Jul 20193 min read

ExxonMobil, Total, Chevron and Kosmos Energy recognised at Wood Mackenzie's Exploration Awards ceremony

The second Wood Mackenzie Exploration Awards ceremony was held in June this year.

Severn firesafe valves reduce corrosion risk for offshore oil and gas operators
3 Jul 20193 min read

Severn firesafe valves reduce corrosion risk for offshore oil and gas operators

The OCT®SW was driven by market feedback from offshore oil and gas operators in relation to seawater service valves used for fire safety.

Expro acquires technology company Quality Intervention
3 Jul 20192 min read

Expro acquires technology company Quality Intervention

Quality Intervention was founded in 2008 and provides a portfolio of products and service, including coiled tubing technology , annular integrity technology and in-situ wellhead remediation tooling.

Drilling Systems to provide simulation systems for Nabors' Kazakhstan centre
3 Jul 20192 min read

Drilling Systems to provide simulation systems for Nabors' Kazakhstan centre

The technology from Drilling Systems mirrors the environment of a working onshore rig, enabling the simulation of various operational scenarios in a controlled atmosphere, including stuck-pipe and well-control incidents.

FourPhase enters US market
3 Jul 20191 min read

FourPhase enters US market

Norwegian based oil and gas solids solutions firm FourPhase is to install a sand management system for an offshore platform in the Gulf of Mexico for a trial period.

Brazil leads global offshore crude and condensate production from new-build projects in 2025, says GlobalData
3 Jul 20192 min read

Brazil leads global offshore crude and condensate production from new-build projects in 2025, says GlobalData

Brazil alone is expected to contribute around 18% or 1455 thousand bpd of global crude oil and condensate production from key offshore planned and announced projects (new-build projects) in 2025.

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