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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.

Ocean Yield extends option period with Aker Energy for FPSO
29 May 20191 min read

Ocean Yield extends option period with Aker Energy for FPSO

The option agreement for the bareboat charter of the FPSO Dhirubhai-1 has been extended until 1 September 2019 against an additional compensation.

CGG GeoSoftware donates software suite to University of Malaya
29 May 20192 min read

CGG GeoSoftware donates software suite to University of Malaya

The software will be used to teach quantitative seismic interpretation within the Exploration Geophysics module of the Department’s Master of Petroleum Geoscience programme.

Wood to provide subsea integration and FEED services for Jansz-lo compression project
29 May 20191 min read

Wood to provide subsea integration and FEED services for Jansz-lo compression project

Effective immediately, the one-year contract will be delivered by Wood’s team based in Perth, Australia.

Exterran secures produced water contract in the Permian
29 May 20191 min read

Exterran secures produced water contract in the Permian

The contract follows a successful three-month pilot in late 2018, where Exterran met or exceeded oil-in-water, suspended solids and iron outlet performance levels.

Westwood Energy: supermajors lead way in high impact exploration
28 May 20193 min read

Westwood Energy: supermajors lead way in high impact exploration

According to Westwood's 'State of Exploration' report, exploration drilling increased by nearly 30% in 2018 compared to 2017 but performance was down, with fewer big discoveries and a lower commercial success rate.

Renewables set to outspend E&P in Asia Pacific (ex. China), says Rystad Energy
28 May 20192 min read

Renewables set to outspend E&P in Asia Pacific (ex. China), says Rystad Energy

Total CAPEX in renewables will overtake E&P spending in 2020, with contributions from Australia and other Asian countries such as Vietnam, Taiwan and South Korea, Rystad Energy’s latest bottom-up analysis of investments shows.

Sercel delivers seismic acquisition systems to ONGC
28 May 20191 min read

Sercel delivers seismic acquisition systems to ONGC

India's national oil company will use Sercel's X-Tech solution to conduct various 3D surveys for a total of 40 000 channels across the country.

EM&I statistical method mines data to improve integrity and cut oil costs
28 May 20191 min read

EM&I statistical method mines data to improve integrity and cut oil costs

The company trialled its new ANALYSE statistical method on a full campaign on an FPSO, resulting in cuts to scope, POB and costs and an improvement to integrity assurance.

BiSN records increase in field deployments in 1Q19
28 May 20192 min read

BiSN records increase in field deployments in 1Q19

The company deployed its metal-to-metal downhole sealing solutions in Angola, Australia and the North Sea in 1Q19.

Sparrows Group selects Deladi Petroleum Services as sole representative in Brunei
28 May 20192 min read

Sparrows Group selects Deladi Petroleum Services as sole representative in Brunei

The new agreement creates a partnership to deliver a broad range of equipment and services supporting reliability and operational safety in the country's oil and gas industry.

Vroon Offshore secures contract from BP in Trinidad and Tobago
28 May 20192 min read

Vroon Offshore secures contract from BP in Trinidad and Tobago

The company will provide three emergency rescue and response vessels to support BP’s operations in the Caribbean.

Offshore blocks in Cuban zone of Gulf of Mexico to be offered in 2019 licensing round
27 May 20192 min read

Offshore blocks in Cuban zone of Gulf of Mexico to be offered in 2019 licensing round

24 blocks offshore in the Cuban economic exclusive zone of the Gulf of Mexico are being offered.

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