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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.

Transocean Ltd. Announces Contract Extension for Petrobras 10000
2 Oct 20181 min read

Transocean Ltd. Announces Contract Extension for Petrobras 10000

The contract is extended through October 2021 and includes a blend and extend modification to the previous contract dayrate, effective September 2018.

Bureau Veritas announces the launch of ‘Bureau Veritas Solutions Marine & Offshore’
1 Oct 20183 min read

Bureau Veritas announces the launch of ‘Bureau Veritas Solutions Marine & Offshore’

BV Solutions M&O has been launched to provide technical advisory, asset management and assurance services to the marine and offshore sectors.

i-Tech Services adds mini ROV capability to inspection fleet
1 Oct 20181 min read

i-Tech Services adds mini ROV capability to inspection fleet

The company has strengthened its underwater inspection and maintenance capability with the provision of new mini ROVs for performing subsea operations in challenging environments.

Petrotech reaches commercial production milestone and publishes CEO statement
1 Oct 20183 min read

Petrotech reaches commercial production milestone and publishes CEO statement

The company is excited for its anticipated delivery of its high quality heavy crude oil into the market.

Empyrean Energy PLC: contract for Block 29/11 signed
1 Oct 20184 min read

Empyrean Energy PLC: contract for Block 29/11 signed

The company has a 100% working interest. Upon a commercial discovery CNOOC has the right to participate in up to 51% working interest.

Chariot Oil & Gas Limited announce commencement of drilling operations for Prospect S Well, Namibia
1 Oct 20181 min read

Chariot Oil & Gas Limited announce commencement of drilling operations for Prospect S Well, Namibia

The company has announced that the Ocean Rig Poseidon, a sixth generation deepwater drillship, has commenced its mobilisation.

BASF and LetterOne sign agreement to merge Wintershall and DEA
28 Sept 20183 min read

BASF and LetterOne sign agreement to merge Wintershall and DEA

The joint venture will operate under the name Wintershall DEA.

Talos Energy announces approval of Zama appraisal plan
28 Sept 20182 min read

Talos Energy announces approval of Zama appraisal plan

The company has announced that the Mexican oil & gas regulator, the National Hydrocarbons Commission, has approved the appraisal plan for the Zama discovery.

Smart torque tool takes off
28 Sept 20182 min read

Smart torque tool takes off

Considerable savings in major torque intervention projects are reported by five subsea operators who were early to adopt the new smart electric torque tool from TMT and Saab Seaeye.

Jadestone Energy announces completion of Montara acqusition
28 Sept 20183 min read

Jadestone Energy announces completion of Montara acqusition

The company has entered into an Operator and Transitional Services Agreement with PTTEP, which will govern the operation and management of the Montara assets and the provision of transitional services in the period from completion until the transfer of operatorship.

DEA Norge AS concludes drilling of wildcat well 7321/4-1
28 Sept 20181 min read

DEA Norge AS concludes drilling of wildcat well 7321/4-1

The well was drilled about 105 km west of the 7324/8-1 (Wisting) oil discovery in the Barents Sea and about 350 km northwest of Hammerfest.

Cabot Energy announces interim results
28 Sept 20182 min read

Cabot Energy announces interim results

The company has announced its interim results for the six months ended 30 June 2018.

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