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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.

Prospex Oil and Gas Plc: Preliminary approval of production concession application, onshore Italy
15 Jan 20193 min read

Prospex Oil and Gas Plc: Preliminary approval of production concession application, onshore Italy

Prospex holds a 17% interest in Selva, which sits within the 331 km² Podere Gallina Exploration Permit (the ‘Podere Gallina’) in the Po Valley region of Italy.

SDX Energy: Egypt operations update
14 Jan 20192 min read

SDX Energy: Egypt operations update

The SRM-3 well at South Ramadan (SDX 12.75% working interest and non-operator), reached a target depth of 15 635 ft.

Eni signs MoU for conducting petroleum exploration in Block 1 offshore Bahrain
14 Jan 20191 min read

Eni signs MoU for conducting petroleum exploration in Block 1 offshore Bahrain

The signing took place by H.E. Sh. Mohamed Bin Khalifa Al Khalifa, Minister of Oil of Bahrain and Chairman of the board of directors in NOGA, and Claudio Descalzi, Chief Executive Officer of Eni.

Rose Petroleum acquires additional acreage in Paradox Basin
14 Jan 20192 min read

Rose Petroleum acquires additional acreage in Paradox Basin

The company has announced that the Company and Rockies Standard Oil Company, its joint venture partner has successfully participated in the December 2018 Bureau of Land Management Utah lease sale.

Eni and OOCEP sign agreement for Block 47, onshore Oman
14 Jan 20192 min read

Eni and OOCEP sign agreement for Block 47, onshore Oman

The companies have entered into an Exploration and Production Sharing Agreement (EPSA) for Block 47 with the Government of the Sultanate of Oman.

Europa Oil & Gas: Update & shareholder letter
14 Jan 20195 min read

Europa Oil & Gas: Update & shareholder letter

Europa Oil & Gas (Holdings) plc has provided its investors with the following update on its portfolio of multistage licences offshore Ireland and onshore UK.

ProSep strengthens Middle East presence
14 Jan 20191 min read

ProSep strengthens Middle East presence

ProSep, the technology and service provider for integrated process solutions to the global energy industry, has announced Raul Gonzalo as its new Regional Sales and Service Manager in the Middle East.

What Angola can learn from Nigeria as it creates remarkable opportunities for marginal oil production?
14 Jan 20196 min read

What Angola can learn from Nigeria as it creates remarkable opportunities for marginal oil production?

Centurion Law Group considers whether the Nigerian experience with marginal oilfield development had measurable success can be applied elsewhere.

GlobalData: oil price volatility driving M&A activity in oil and gas industry in recent years
14 Jan 20192 min read

GlobalData: oil price volatility driving M&A activity in oil and gas industry in recent years

The company’s report: ‘M&A in Oil and Gas’ reveals that falling revenues and rising debts compelled oil and gas companies to realign their strategic objectives and reshape their portfolios, leading to a large number of M&A deals.

WoodMac: Will Asia-Pacific's O&G sector join the global recovery in 2019?
14 Jan 20195 min read

WoodMac: Will Asia-Pacific's O&G sector join the global recovery in 2019?

Will rising demand, new exploration activity and a refresh of government policy bring renewed confidence in Asia-Pacific's upstream industry in 2019? Wood Mackenzie's research director Andrew Harwood shares his thoughts.

KPMG: ‘Investing in Norway doesn’t have to be taxing’
11 Jan 20195 min read

KPMG: ‘Investing in Norway doesn’t have to be taxing’

Mariann Mitchell, senior tax manager at KPMG, Aberdeen, looks at some of the key challenges and opportunities that companies may encounter when engaging in this market.

Subsea Innovation achieves world first DNV GL type approval
11 Jan 20193 min read

Subsea Innovation achieves world first DNV GL type approval

The company has announced that it has been awarded DNV GL type approval for its SIClamp structural pipeline repair clamp technology.

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