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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.

E-trading software for over-the-counter oil block futures transactions launched
27 Jun 20191 min read

E-trading software for over-the-counter oil block futures transactions launched

BLOC-X has created software designed to reduce transaction costs for market traders and remove pricing or information bias.

Chinese energy companies show interest in Equatorial Guinea's oil and gas assets
27 Jun 20192 min read

Chinese energy companies show interest in Equatorial Guinea's oil and gas assets

The EG Ronda Licensing Round Roadshow 2019, which will take place next week in Beijing, China, will be showcasing the 27 oil & gas blocks on offer under the country’s 2019 oil and gas licensing round.

Tendeka and Baker Hughes Norge to deliver sand-face completion equipment to Equinor fields
27 Jun 20192 min read

Tendeka and Baker Hughes Norge to deliver sand-face completion equipment to Equinor fields

Equinor has signed three-year contracts with Tendeka AS and Baker Hughes Norge AS for providing sand screen services at a total value of around NOK one billion, including options for five two-year extensions.

Texas aims to safeguard mineral owners with new legislation
26 Jun 20192 min read

Texas aims to safeguard mineral owners with new legislation

New legislation was created earlier this month to protect mineral owners from fraudulent activity and strengthen private property rights in the US state.

Oceaneering launches digital asset inspection system
26 Jun 20192 min read

Oceaneering launches digital asset inspection system

The tablet-based technology aims to streamline non-destructive testing and inspection management.

Online pipeline repair service aims to cut production downtime
26 Jun 20192 min read

Online pipeline repair service aims to cut production downtime

The Online Repair Service Product offering from Hydratight is designed to ensure pipelines remain fully operational while necessary repairs are conducted.

TechnipFMC reaches resolution with US and Brazilian authorities over legacy investigations
26 Jun 20192 min read

TechnipFMC reaches resolution with US and Brazilian authorities over legacy investigations

The company has agreed to pay a total of US$301.3 million to these authorities to resolve investigations into conduct dating back over a decade ago.

GlobalData: ExxonMobil exit from Norway unlikely to affect country's upstream development landscape
26 Jun 20192 min read

GlobalData: ExxonMobil exit from Norway unlikely to affect country's upstream development landscape

Daniel Rogers, Global Data, said that Norwegian production only accounts for approximately 3% of ExxonMobil's total portfolio.

Africa Oil Week 2019 announces features and line-up
26 Jun 20192 min read

Africa Oil Week 2019 announces features and line-up

Delegates can expect contributions from 200 speakers, ministerial panels, and forums on finance and future technology.

Prospex Oil & Gas begins drilling second well in North East Romania
26 Jun 20192 min read

Prospex Oil & Gas begins drilling second well in North East Romania

Drilling and testing at Bainet West are expected to take 15 - 20 days to complete.

UK oil and gas industry warned to know commodity codes or risk damage from no-deal Brexit
26 Jun 20193 min read

UK oil and gas industry warned to know commodity codes or risk damage from no-deal Brexit

If Britain left the EU without an agreement companies would need to quote correct commodity codes for goods traded with the bloc, according to Adam Johnson, director of Tudor International Freight.

Infrastructure Networks and Machfu to offer oilfield cloud solutions
26 Jun 20192 min read

Infrastructure Networks and Machfu to offer oilfield cloud solutions

Infrastructure Networks will sell, supply and service Machfu solutions, delivered over INET’s wireless platform, while Machfu will use INET’s LTE coverage to connect to oil and gas assets real time in key energy producing areas.

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