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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.

Equinor: gas and condensate discovery south of Kristin field
17 Jan 20192 min read

Equinor: gas and condensate discovery south of Kristin field

The company has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) exploration well.

Launch of OilX platform, harnesses AI to transform oil trading analytics
17 Jan 20192 min read

Launch of OilX platform, harnesses AI to transform oil trading analytics

Joint venture between The Signal Group and OilX aims to revolutionise a market worth US$15 billion.

Bureau Veritas awarded major inspection contract for new oil field development
17 Jan 20192 min read

Bureau Veritas awarded major inspection contract for new oil field development

Bureau Veritas, a world leader in laboratory testing, inspection and certification services, has been awarded a four-year contract with Neptune Energy to provide second and third-party inspection services for the new Fenja oil and gas field development, offshore Norway.

PGNiG: agreement for oil and gas exploration in UAE
17 Jan 20192 min read

PGNiG: agreement for oil and gas exploration in UAE

Representatives of PGNiG SA, the Ras Al Khaimah Petroleum Authority and RAK GAS LLC have signed an agreement whereby the Polish company is permitted to explore for and produce hydrocarbons in the emirate of Ras al Khaimah.

Sercel and Apave enter strategic partnership for structural health monitoring
17 Jan 20192 min read

Sercel and Apave enter strategic partnership for structural health monitoring

The partnership brings together Sercel’s high-end sensor technology and Apave’s expertise as a specialist in structural health monitoring.

Subsea Integration Alliance awarded integrated EPCIC contracts offshore Australia by Esso Australia
17 Jan 20192 min read

Subsea Integration Alliance awarded integrated EPCIC contracts offshore Australia by Esso Australia

Project to deliver new subsea flowline to existing gas pipeline.

Rystad Energy: Offshore service market growth to outpace shale in 2019
17 Jan 20193 min read

Rystad Energy: Offshore service market growth to outpace shale in 2019

Service companies exposed to the offshore subsea market and the maintenance, modifications and operations (MMO) sector are set to benefit from this trend reversal.

Ocean Infinity to perform AUV surveys in Brazil
16 Jan 20192 min read

Ocean Infinity to perform AUV surveys in Brazil

The company’s partner, Cepemais, has been awarded a contract to provide high-resolution hydrographic mapping services to Petrobras.

Subsea 7 acquires multi-purpose offshore construction and dive support vessel
16 Jan 20191 min read

Subsea 7 acquires multi-purpose offshore construction and dive support vessel

The 2009-built vessel is to be renamed Seven Pegasus and will primarily support Subsea 7’s operations in the North Sea and Asia Pacific.

Faroe Petroleum in Edinburgh prospect partnership
16 Jan 20192 min read

Faroe Petroleum in Edinburgh prospect partnership

The company has announced its partnership with subsidiaries of Royal Dutch Shell plc and Spirit Energy Limited following the award of PL 969 in the recent APA licensing round.

Woodside awards contracts for Scarborough project
16 Jan 20192 min read

Woodside awards contracts for Scarborough project

The contracts are for engineering activities related to the upstream development’s floating production unit, the export trunkline and the subsea umbilical risers and flowlines.

Equinor awarded 29 new licences on the Norwegian Continental Shelf
16 Jan 20191 min read

Equinor awarded 29 new licences on the Norwegian Continental Shelf

Equinor has been awarded 29 new licences by Norway’s Ministry of Petroleum and Energy as part of the Award in Predefined Areas (APA) for 2018 – 13 licences as operator and 16 as partner.

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