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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.

Positive interest in UK’s 31st offshore licensing round
14 Nov 20182 min read

Positive interest in UK’s 31st offshore licensing round

The United Kingdom’s latest offshore licensing round has attracted 36 applications covering 164 blocks in frontier areas of the UK Continental Shelf (UKCS).

Faroe Petroleum announces Rungne exploration well results
14 Nov 20182 min read

Faroe Petroleum announces Rungne exploration well results

The Rungne exploration well 30/6-30 spudded on 19 October 2018 and was drilled to a total depth of 3469 m below sea level.

Paradigm Group expands with offices in China and the Middle East
14 Nov 20182 min read

Paradigm Group expands with offices in China and the Middle East

Paradigm Group has recently opened offices in both China and the Middle East to cater for an increase in international sales and service demand.

TechnipFMC signs a surface technologies frame agreement with Chevron
14 Nov 20181 min read

TechnipFMC signs a surface technologies frame agreement with Chevron

This 5-year agreement covers the exclusive supply of surface wellhead equipment and service in the United States and Canada.

Penspen secures US$70 million contract with ADNOC Onshore
14 Nov 20181 min read

Penspen secures US$70 million contract with ADNOC Onshore

The project is for the provision of project management consultancy (PMC) services for the company’s 15 major projects and will cover different stages of engineering, procurement and construction (EPC) activities.

Schlumberger introduces new well testing technology
14 Nov 20181 min read

Schlumberger introduces new well testing technology

Concert well testing performance real-time technology delivers actionable information for better decision making and safer operations.

ADNOC to invest AED5.1 billion to upgrade its giant Bu Hasa field
14 Nov 20183 min read

ADNOC to invest AED5.1 billion to upgrade its giant Bu Hasa field

This is an important step towards delivery of ADNOC’s 2030 smart growth strategy that seeks to increase its crude oil production capacity and reduce cost to create a more profitable upstream business.

Tidewater chooses UniSea to digitalise and standardise business processes
13 Nov 20182 min read

Tidewater chooses UniSea to digitalise and standardise business processes

The UniSea software suite will be implemented on all Tidewater vessels and in all offices.

Corallian Energy: updates on Wick and Colter wells
13 Nov 20181 min read

Corallian Energy: updates on Wick and Colter wells

OPRED has advised the Oil and Gas Authority of its in-principle agreement to the issue of the relevant consent for both projects.

TWMA strengthens senior management team with key appointment
13 Nov 20182 min read

TWMA strengthens senior management team with key appointment

The company has appointed Mohamed Galal as regional director for MENA.

Eni signs Ghasha gas concession with ADNOC
13 Nov 20182 min read

Eni signs Ghasha gas concession with ADNOC

The Ghasha Concession, which has a term of 40 years, consists of the Hail, Ghasha, Dalma and other offshore fields, located in the Emirate’s Al Dhafra region.

Providence Resources: update on Frontier Exploration Licence 3/04
13 Nov 20181 min read

Providence Resources: update on Frontier Exploration Licence 3/04

The company has provided a licence update on Frontier Exploration Licence 3/04, located in the southern Porcupine Basin.

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