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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.

Eastern Mediterranean gas discoveries provide boost for industry
1 Nov 20182 min read

Eastern Mediterranean gas discoveries provide boost for industry

Recent developments and discoveries in the offshore Eastern Mediterranean gas industry, specifically the Levant Basin, are providing significant opportunities for companies that can offer products capable of withstanding harsh environments.

3T Energy Group acquires Survivex to fuel global growth
1 Nov 20182 min read

3T Energy Group acquires Survivex to fuel global growth

This acquisition strengthens 3T Energy Group’s global offering and is part of its strategy to transform the training sector with technology to enable people and companies to work safer, smarter and more efficiently.

TechnipFMC signs major contract with MIDOR for their refinery expansion and modernisation in Egypt
1 Nov 20182 min read

TechnipFMC signs major contract with MIDOR for their refinery expansion and modernisation in Egypt

The company has signed a major Engineering, Procurement, and Construction contract by Middle East Oil Refinery for the modernisation and expansion of their existing complex near Alexandria, Egypt.

GlobalData: Equinor ASA tops European projects investment list with US$12.4 billion estimated capex spend to 2025
1 Nov 20182 min read

GlobalData: Equinor ASA tops European projects investment list with US$12.4 billion estimated capex spend to 2025

GlobalData’s latest report, ‘Top Oil and Gas Companies Planned Projects and Capital Expenditure Outlook in Europe – Equinor Leads Capital Spending Across Oil and Gas Value Chain’, reveals that Equinor ASA tops the companies European spend list.

Consortium of Africa Oil, Delonex and Vitol announces acquisition of producing assets in deepwater Nigeria
1 Nov 20185 min read

Consortium of Africa Oil, Delonex and Vitol announces acquisition of producing assets in deepwater Nigeria

The Consortium has announced that it has entered into a Share Purchase Agreement to acquire a 50% ownership interest in Petrobras Oil and Gas B.V.

"Investment in front-line oil and gas safety should be reviewed following cost cutting"
1 Nov 20182 min read

"Investment in front-line oil and gas safety should be reviewed following cost cutting"

Malaysian oil and gas leader Sofiyan Yahya will encourage industry to review investment in ‘front line’ safety practices at a global conference in Kuala Lumpur on 7 November.

ESAI Energy: product markets will undermine crude
1 Nov 20182 min read

ESAI Energy: product markets will undermine crude

Recent analysis projects a 2019 recovery in oil demand from quite slow growth in 2018 due to weak demand in China and demand contractions in the Middle East and Latin America.

Seismic Technologies business of Fairfield Geotechnologies to be acquired by Magseis
1 Nov 20184 min read

Seismic Technologies business of Fairfield Geotechnologies to be acquired by Magseis

The transaction combines two highly complementary businesses to create a leading provider of marine seismic solutions, including Ocean Bottom Seismic.

ADNOC Onshore awarded contract to Weir Oil & Gas pressure control for supply of equipment and services
1 Nov 20182 min read

ADNOC Onshore awarded contract to Weir Oil & Gas pressure control for supply of equipment and services

First wellhead production agreement delivers on ADNOC’s UAE in-country value commitment.

GlobalData: KG basin will play crucial role in India’s move towards natural gas-based economy
1 Nov 20182 min read

GlobalData: KG basin will play crucial role in India’s move towards natural gas-based economy

The commerciality of India’s deepwater and ultra-deepwater developments has been positively affected by the continuing low costs in the service sector.

Faroe Petroleum granted drilling permit for well 31/7-3 S in production licence 740
31 Oct 20181 min read

Faroe Petroleum granted drilling permit for well 31/7-3 S in production licence 740

The Norwegian Petroleum Directorate has granted Faroe Petroleum Norge AS a drilling permit for well 31/7-3 S, cf. Section 15 of the Resource Management Regulations.

Changing the face of inspection in the North Sea
31 Oct 20182 min read

Changing the face of inspection in the North Sea

An Aberdeenshire based firm of integrity management experts, PIM, has developed PIM Optimum, a smart integrity management solution.

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