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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.

Strohm supports Shell with TCP Riser delivery
28 Jun 20222 min read

Strohm supports Shell with TCP Riser delivery

Strohm supplies Shell with a static TCP Riser to support operations at one of its Southern North Sea assets.

Peterson Energy Logistics reaches agreement with Liberty Industrial for exclusive use of Great Yarmouth facility
27 Jun 20223 min read

Peterson Energy Logistics reaches agreement with Liberty Industrial for exclusive use of Great Yarmouth facility

The yard will be used to decommission offshore topsides, jackets and subsea equipment in line with Liberty Industrial’s sustainable commitments - to recycle, reuse or repurpose upwards of 95% of all salvaged waste and material.

MacGregor signs a two-year agreement with OnWatch Scout for AHC cranes
22 Jun 20222 min read

MacGregor signs a two-year agreement with OnWatch Scout for AHC cranes

MacGregor, part of Cargotec, has signed a two-year OnWatch Scout agreement and has been selected to supply spare parts and services for the Offshore Support Vessel, MPV Everest.

Neptune Energy, ExxonMobil, Rosewood and EBN to cooperate on L10 carbon capture and storage
21 Jun 20223 min read

Neptune Energy, ExxonMobil, Rosewood and EBN to cooperate on L10 carbon capture and storage

This stage of the L10 carbon capture and storage project has the potential to store 4-5 million t of CO2 annually for industrial customers within depleted gas fields around the Neptune-operated L10-A, B and E areas. It represents the first stage in the potential development of the greater L10 area as a large-volume CO2 storage reservoir.

Craig International wins major, long-term contract with INEOS FPS
20 Jun 20222 min read

Craig International wins major, long-term contract with INEOS FPS

Craig International has secured a major contract with INEOS FPS valued at over £20million. Following a competitive tender, the global energy procurement specialist has been awarded a five-year contract to deliver consolidated procurement services to INEOS FPS.

Targa Resources to acquire Lucid Energy from Riverstone Holdings and Goldman Sachs asset management for US$3.55 billion
20 Jun 20224 min read

Targa Resources to acquire Lucid Energy from Riverstone Holdings and Goldman Sachs asset management for US$3.55 billion

Lucid’s Delaware Basin footprint overlays some of the most economic crude oil and natural gas producing acreage in North America. Current rig activity supports over 20 years of drilling inventory on Lucid’s greater than 600 000 dedicated acres

Harbour Energy announces US$200 million buyback programme
17 Jun 20221 min read

Harbour Energy announces US$200 million buyback programme

Harbour is pleased to announce the commencement of a share buyback programme of the Company’s ordinary shares for up to a maximum aggregate consideration of US$200 million.

Equinor agrees winter gas supplies with UK’s Centrica
17 Jun 20222 min read

Equinor agrees winter gas supplies with UK’s Centrica

Equinor and the UK’s Centrica have signed an agreement which will provide additional supplies of around 1 billion cubic meter (bcm) of gas for each of the coming three heating seasons.

ExxonMobil releases response to Biden’s letter to oil industry
16 Jun 20222 min read

ExxonMobil releases response to Biden’s letter to oil industry

ExxonMobil releases a statement in response to a letter from President Biden.

Equinor joins the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
16 Jun 20223 min read

Equinor joins the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping

With 100 000 ships consuming around 300 million t of fuel per year global shipping accounts for around 3% of global carbon emissions, a share that is likely to increase as other industries tackle climate emissions in the coming decades.

Pioneering UK subsea firm commissions control room following £24million investment
14 Jun 20223 min read

Pioneering UK subsea firm commissions control room following £24million investment

Modus has developed the application of fully automated, low cost, carbon-zero inspection and maintenance services using subsea hybrid autonomous underwater vehicles (HAUVs) to map underwater topography and inspect pipelines, cabling and undersea structures.

Sercel equips new vessel in South Korea with a complete marine seismic acquisition system for 3D seismic research
14 Jun 20222 min read

Sercel equips new vessel in South Korea with a complete marine seismic acquisition system for 3D seismic research

The contract calls for the supply of a Seal 428 recording system, including Sentinel streamers, a Nautilus streamer positioning system, and G-Source II high-performance impulsive sources.

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