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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.

EnerMech completes sale to The Carlyle Group and announces senior board appointments
24 Dec 20182 min read

EnerMech completes sale to The Carlyle Group and announces senior board appointments

The appointments signal EnerMech’s strong intent to substantially expand the business across global energy, engineering and infrastructure markets.

ConocoPhillips announces 2019 capital budget and operating plan
24 Dec 20186 min read

ConocoPhillips announces 2019 capital budget and operating plan

The 2019 operating plan is expected to continue driving underlying improvement in return on capital employed.

Westwood: ‘Future commercial success depends upon integration of data’
24 Dec 20182 min read

Westwood: ‘Future commercial success depends upon integration of data’

No single technology will provide a ‘silver bullet’ to the challenges faced by Norway’s oil and gas industry, according to a new report out today from research consultancy, Westwood Global Energy Group.

Aker BP receives drilling permits
21 Dec 20181 min read

Aker BP receives drilling permits

The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 2/11-12 S cf. Section 15 of the Resource Management Regulations.

PGNiG’s Norwegian subsidiary closer to drilling its first exploration well as licence operator
21 Dec 20182 min read

PGNiG’s Norwegian subsidiary closer to drilling its first exploration well as licence operator

PGNiG Upstream Norway AS has acquired a detailed 2D seismic image, which will facilitate the selection of a drilling location in the Shrek prospect within the PL838 licence area.

Maurel & Prom completes acquisition of Shell’s stake in Urdaneta West field in Venezuela
21 Dec 20182 min read

Maurel & Prom completes acquisition of Shell’s stake in Urdaneta West field in Venezuela

Maurel & Prom Venezuela, subsidiary of Maurel & Prom, has acquired Shell’s 40% interest in the Petroregional del Lago Mixed Company.

Brazil: Total and Petrobras take new steps forward in the scope of their Strategic Alliance
21 Dec 20182 min read

Brazil: Total and Petrobras take new steps forward in the scope of their Strategic Alliance

The companies have announced that they have achieved significant progress in the scope of their Strategic Alliance, signed in March 2017.

ConocoPhillips closes sale of 16.5% interest in Clair Field in United Kingdom
21 Dec 20181 min read

ConocoPhillips closes sale of 16.5% interest in Clair Field in United Kingdom

The company has completed its previously announced sale to BP of a ConocoPhillips subsidiary that holds a 16.5% interest in the BP-operated Clair Field for an undisclosed price.

Twenty million tonnes of oil produced at LUKOIL North Caspian fields
21 Dec 20181 min read

Twenty million tonnes of oil produced at LUKOIL North Caspian fields

The Vladimir Filanovsky field accounts for the most significant gain in production.

SEACOR Marine: new joint venture to acquire UP Offshore
21 Dec 20182 min read

SEACOR Marine: new joint venture to acquire UP Offshore

The new joint venture company is 49% owned by a subsidiary of SEACOR Marine and 51% owned by a subsidiary of Proyectos Globales de Energía y Servicios CME.

Subsea 7 awarded contract offshore US Gulf of Mexico
21 Dec 20182 min read

Subsea 7 awarded contract offshore US Gulf of Mexico

The company has announced the award of a sizeable SURF (subsea umbilicals, risers and flowlines) contract by BP for the Manuel project in the US Gulf of Mexico.

Merger of Oranje-Nassau Energie and Dyas
21 Dec 20182 min read

Merger of Oranje-Nassau Energie and Dyas

Oranje-Nassau Energie B.V. and SHV Holdings have announced that an agreement has been reached on the merger of their upstream energy businesses, in a combined entity called ONE-Dyas.

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