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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.

Subsea 7 and BP recognised with top prize at Offshore Achievement Awards 2018
26 Mar 20182 min read

Subsea 7 and BP recognised with top prize at Offshore Achievement Awards 2018

Collaboration is key to unlocking stranded five million bbl North Sea oilfield.

CGG announces the appointment of  Sophie Zurquiyah as CEO
26 Mar 20182 min read

CGG announces the appointment of Sophie Zurquiyah as CEO

The nomination should be effective at the end of the annual general meeting to be held on April 26, 2018.

EnerQuip hits Middle East milestone with over 100 project wins
26 Mar 20181 min read

EnerQuip hits Middle East milestone with over 100 project wins

The growth has been driven by the continued rise in the number of wells drilled in the region.

GlobalData: Over US$9.1 billion will be spent on Mozambique’s upstream Capex by 2020
26 Mar 20182 min read

GlobalData: Over US$9.1 billion will be spent on Mozambique’s upstream Capex by 2020

An average Capex of US$3.0 billion per year would be spent on eight oil and gas fields in Mozambique between 2018 and 2020.

TechnipFMC awarded contract offshore Malaysia by Sabah Shell Petroleum
26 Mar 20181 min read

TechnipFMC awarded contract offshore Malaysia by Sabah Shell Petroleum

The award covers the delivery and installation of subsea equipment including umbilicals, flowlines and the subsea production system for the Gumusut-Kakap Phase 2 Project.

Shell to sell its stake in Iraq’s West Qurna 1
23 Mar 20181 min read

Shell to sell its stake in Iraq’s West Qurna 1

Shell EP Middle East Holdings B.V. has agreed to sell the entire share capital of Shell Iraq B.V (SIBV), which holds its 19.6% stake in the West Qurna 1 oil field, for US$406 million, to a subsidiary of ITOCHU Corporation.

Range Resources provides Indonesia operational update
23 Mar 20183 min read

Range Resources provides Indonesia operational update

Range, an international oil and gas company with assets in Trinidad and Indonesia, and an oilfield services business in Trinidad, is pleased to provide an update with respect of its work plan at the Perlak field, Indonesia.

Statoil awarding Askeladd development contracts
23 Mar 20182 min read

Statoil awarding Askeladd development contracts

Statoil is awarding a contract for pipelaying to Subsea 7 and for marine operations to Ocean Installer in the Askeladd field development.

Bilfinger wins major contract with Shell U.K. Limited and NAM
23 Mar 20182 min read

Bilfinger wins major contract with Shell U.K. Limited and NAM

Leading asset lifecycle services specialist Bilfinger Salamis UK has been awarded a multimillion pound contract for technical manpower services on Shell U.K. Limited southern North Sea (SNS) assets.

Otto Energy provides update on SM 71 well
23 Mar 20183 min read

Otto Energy provides update on SM 71 well

Otto Energy Limited provides the following update on the progress of the SM 71 oil field development.

DNV GL: Veracity to raise drilling efficiency by offering digital solution based on data from 80 000 wells
23 Mar 20182 min read

DNV GL: Veracity to raise drilling efficiency by offering digital solution based on data from 80 000 wells

AGR, the well design and drilling project management firm, has agreed to host its iQx software on the platform, which contains information that is vital to companies selecting locations of wells.

EM& training technicians for new technologies
23 Mar 20183 min read

EM& training technicians for new technologies

Regular training sessions take place every year for Team Leaders and Technicians, who have a 'hands on' experience led by experts in the new technologies.

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