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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.

Berkeley Engineering Consultants celebrates winning Queen’s Award for International Trade
26 Apr 20192 min read

Berkeley Engineering Consultants celebrates winning Queen’s Award for International Trade

One of only a handful of oil and gas sector companies recognised in UK’s most prestigious international trade awards.

Providing flexible and easy communication in hazardous areas
26 Apr 20192 min read

Providing flexible and easy communication in hazardous areas

The Pepperl+Fuchs brand ecom has launched the tenth generation of the world's first Ex-Handy series: the Ex-Handy 10.

Anglo African Oil & Gas: CPR update and cost reimbursements
26 Apr 20192 min read

Anglo African Oil & Gas: CPR update and cost reimbursements

The company has provided an update on the timing and scope of its Competent Persons Report for the Tilapia Licence in the Republic of the Congo and the repayment of funds owed to AAOG by Société Nationale des Pétroles du Congo, the Congolese national oil company.

Ashtead Technology acquires Aqua-Tech Solutions in Gulf of Mexico
25 Apr 20192 min read

Ashtead Technology acquires Aqua-Tech Solutions in Gulf of Mexico

This latest transaction is the fourth deal completed by Ashtead Technology since the business was acquired by Buckthorn Partners and APICORP in April 2016.

Wood grows chemicals business with new contract in Germany
25 Apr 20192 min read

Wood grows chemicals business with new contract in Germany

The company has been awarded a new contract by Evonik to deliver engineering, procurement and construction management services for the Group’s new polyamide 12 production complex.

ExxonMobil acquires more exploration acreage offshore Namibia
25 Apr 20191 min read

ExxonMobil acquires more exploration acreage offshore Namibia

Agreements signed with the government of Namibia and NAMCOR will add approximately 7 million net acres to the company’s exploration acreage.

Sparrows Group secures UKCS contract renewals totalling £30m
25 Apr 20192 min read

Sparrows Group secures UKCS contract renewals totalling £30m

Sparrows Group has reinforced its leading position in the North Sea following contract renewals worth an estimated £30 million in revenue in the first quarter of 2019.

Rystad Energy: Saudi Arabia and allies can replace lost Iranian oil
25 Apr 20192 min read

Rystad Energy: Saudi Arabia and allies can replace lost Iranian oil

The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around 1.1 million bpd from the market.

Standard Drilling to acquire Norwegian-built PSV
25 Apr 20192 min read

Standard Drilling to acquire Norwegian-built PSV

The company will acquire the Havyard 832 PSV vessel Olympus through its subsidiary Wanax AS.

Emerson and Metrol launch the Intelligent Multistage Completion Network™
25 Apr 20192 min read

Emerson and Metrol launch the Intelligent Multistage Completion Network™

The IMCN is an integrated upper and lower completions downhole solution that communicates wirelessly with instruments at the reservoir sandface.

Wood Mackenzie: Southeast Asian upstream M&A could hit US$14 billion
25 Apr 20192 min read

Wood Mackenzie: Southeast Asian upstream M&A could hit US$14 billion

According to a new report by Wood Mackenzie, Southeast Asia could take centre stage in the region's upstream M&A activity in 2019, with up to US$14 billion worth of assets potentially switching hands.

Shell announces deepwater discovery in Gulf of Mexico
24 Apr 20192 min read

Shell announces deepwater discovery in Gulf of Mexico

Evaluation of the discovery at the Blacktip prospect is ongoing, and appraisal planning is underway.

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