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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.

Trelleborg launches extrusion-resistant elastomer seal
23 Apr 20192 min read

Trelleborg launches extrusion-resistant elastomer seal

Trelleborg Sealing Solutions announces the launch of the new XploR™ S-Seal and XploR™ FS-Seal that have been developed for demanding high pressure sealing environments, such as those found in oil & gas downhole tool applications.

Oceaneering takes delivery of the Ocean Evolution
23 Apr 20191 min read

Oceaneering takes delivery of the Ocean Evolution

The vessel is currently in Port Fourchon, Louisiana, completing final outfitting and preparing for project work scheduled to begin in June.

Shelf Drilling accelerates digital transformation with help from LiveRoute
23 Apr 20193 min read

Shelf Drilling accelerates digital transformation with help from LiveRoute

LiveRoute helped Shelf Drilling deploy Microsoft Azure and Office 365 to become an agile and scalable cloud-based organisation.

Wood Mackenzie: BP’s US$6 billion Azeri Central East project gets the nod
23 Apr 20191 min read

Wood Mackenzie: BP’s US$6 billion Azeri Central East project gets the nod

BP and partners have taken a final investment decision (FID) on the Azeri Central East (ACE) platform, the latest phase at Azerbaijan's super-giant Azeri-Chirag-Guneshli (ACG) oilfield. The US$6 billion project will be one of the biggest upstream FIDs of the year.

Chrysaor to acquire ConocoPhillips’ UK oil and gas business for US$2.675 billion
22 Apr 20194 min read

Chrysaor to acquire ConocoPhillips’ UK oil and gas business for US$2.675 billion

The assets being acquired produced approximately 72 000 boe/d in 2018.

Transocean Ltd. provides quarterly fleet status report
22 Apr 20191 min read

Transocean Ltd. provides quarterly fleet status report

Since its last report Transocean added approximately US$373 million in contract backlog, bringing total backlog to US$12.1 billion.

GlobalData: technological advancements are enabling companies to deploy digital oilfields in exploration and production operations
22 Apr 20191 min read

GlobalData: technological advancements are enabling companies to deploy digital oilfields in exploration and production operations

Over the last 15 years, the adoption of digital oilfields has gained impetus due to advancements in technologies for sensing, automation, connectivity and data analytics, according to GlobalData.

Schlumberger releases 1Q19 results
19 Apr 20195 min read

Schlumberger releases 1Q19 results

The oilfield services provider recorded revenue of US$7.9 billion in 1Q19, a decrease of 4% sequentially but a 1% increase y/y.

Arnlea Systems extends contract with px group
19 Apr 20192 min read

Arnlea Systems extends contract with px group

The contract between the two companies, which began in March 2016, has been extended for a further five years.

Eni signs agreement for Block A Offshore Ras Al Khaimah Emirate
19 Apr 20191 min read

Eni signs agreement for Block A Offshore Ras Al Khaimah Emirate

The company has signed an exploration and production sharing agreement covering Block A Offshore Ras Al Khaimah, as well as the relevant Joint Operating Agreement.

Ocean Infinity appoints Chief Commercial Officer
18 Apr 20192 min read

Ocean Infinity appoints Chief Commercial Officer

Paul Helmore will oversee all aspects of the group’s commercial activities, ensuring that it fully realises the commercial potential of its three vessel fleet.

Keppel secures contracts worth around S$160 million
18 Apr 20192 min read

Keppel secures contracts worth around S$160 million

The company’s wholly-owned subsidiaries, Keppel Shipyard Ltd and Keppel FELS Limited, secured two new integration and upgrading contracts.

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