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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.

Israel will emerge as gas exporter in Eastern Mediterranean region by mid-2020s, says GlobalData
11 Jun 20193 min read

Israel will emerge as gas exporter in Eastern Mediterranean region by mid-2020s, says GlobalData

Currently, Israel’s remaining recoverable gas reserves are estimated to be around 26.2 trillion ft3.

ADM Energy plc announces appointment and proposed directorate changes
11 Jun 20192 min read

ADM Energy plc announces appointment and proposed directorate changes

His Highness Shaikh Ahmed Bin Dalmook Al Maktoum, has been appointed President of ADM Energy in a non-Board role.

SBM Offshore awarded letter of intent for FPSO Mero 2 lease and operate contracts by Petrobras
11 Jun 20192 min read

SBM Offshore awarded letter of intent for FPSO Mero 2 lease and operate contracts by Petrobras

SBM Offshore will design and construct the FPSO Mero 2 using its industry leading Fast4WardTM programme.

Amerisur Resources receives approval for Occidental farm-out agreement
11 Jun 20192 min read

Amerisur Resources receives approval for Occidental farm-out agreement

The deal relates to four exploration blocks: Putumayo-9, Terecay, Tacacho and Mecaya in the Putumayo region, southern Colombia.

PGNiG purchases interest in King Lear field
11 Jun 20192 min read

PGNiG purchases interest in King Lear field

Production start at the King Lear field, located in the North Sea, is planned for 2025.

Oceaneering to carry out first deepwater AUV survey in Mexican waters
11 Jun 20191 min read

Oceaneering to carry out first deepwater AUV survey in Mexican waters

The geophysical survey will be performed for BHP at its Trion development.

Horse Hill-1 test reaches oil production landmark
11 Jun 20192 min read

Horse Hill-1 test reaches oil production landmark

The oilfield in Surrey, UK, had produced 50 000 bbl of light, sweet, dry oil as at close of business on 7 June.

Wood Mackenzie: Energy takes centre stage at St Petersburg
11 Jun 20193 min read

Wood Mackenzie: Energy takes centre stage at St Petersburg

A number of high-profile deals were signed at this year's St Petersburg International Economic Forum in Russia.

ESAI Energy: demand not inventories should drive OPEC+ decision
10 Jun 20194 min read

ESAI Energy: demand not inventories should drive OPEC+ decision

In an excerpt from its Global Crude Oil Outlook, ESAI Energy argues that inventories should not be used to justify further production restraint.

New 2D regional multi-client survey to assess hydrocarbon potential of East Africa and West Indian Ocean
10 Jun 20193 min read

New 2D regional multi-client survey to assess hydrocarbon potential of East Africa and West Indian Ocean

CGG geoscientists have been sifting through the evidence to re-evaluate opportunities offshore East Africa and in the West Indian Ocean.

Vice President of South Sudan highlights investment opportunities within country's oil industry
10 Jun 20192 min read

Vice President of South Sudan highlights investment opportunities within country's oil industry

Vice President Taban Deng Gai highlighted the numerous investment opportunities offered to foreign investors within South Sudan’s oil industry at the Saint Petersburg International Economic Forum.

Baker Hughes launches multimodal facility expansion in Angola
10 Jun 20193 min read

Baker Hughes launches multimodal facility expansion in Angola

The Luanda facility will service BHGE’s product company capabilities in oilfield services, oilfield equipment, turbomachinery & process solutions, and digital services.

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