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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.

Fugro's rig positioning services reduce mobilisation time for Statoil
5 Feb 20181 min read

Fugro's rig positioning services reduce mobilisation time for Statoil

Fugro has won a long-term contract for the provision of rig positioning services to Statoil Petroleum AS.

Qatar Petroleum joins Total as a partner in the Exploration Block 11B/12B in South Africa
5 Feb 20182 min read

Qatar Petroleum joins Total as a partner in the Exploration Block 11B/12B in South Africa

Total has signed an agreement to sell a 25% interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum. The transaction remains subject to regulatory approval.

Total enters exploration in Guyana Basin with three licences
5 Feb 20182 min read

Total enters exploration in Guyana Basin with three licences

Total has signed agreements to acquire interests into two exploration licenses offshore Guyana, the Canje Block and the Kanuku Block, and holds holds an option to purchase a working interest in the Orinduik Block.

Trinity Exploration & Production plc: Q4 2017 operational update
5 Feb 20182 min read

Trinity Exploration & Production plc: Q4 2017 operational update

During the period, Trinity continued to build on the momentum achieved during the first three quarters by delivering yet further growth in profitable production and strengthening of the balance sheet.

Galp farms-down 40% in Namibia PEL 82 to ExxonMobil
2 Feb 20181 min read

Galp farms-down 40% in Namibia PEL 82 to ExxonMobil

Galp informs that it is in the process of farming-down a 40% participating interest in the Petroleum Exploration Licence (PEL) 82 in Namibia to an ExxonMobil subsidiary.

Lundin Petroleum provides year end report 2017
2 Feb 20183 min read

Lundin Petroleum provides year end report 2017

Full year production at record level and at low cash operating costs resulted in highest operating cash flow and EBITDA to date.

LUKOIL commissioned first production well at the phase 2 of Filanovsky field
2 Feb 20181 min read

LUKOIL commissioned first production well at the phase 2 of Filanovsky field

LUKOIL has completed the construction and commissioning of the first well at the Phase 2 of Vladimir Filanovsky field in the Caspian Sea. As of 31 January, the company started to drill an injection well.

Energean Signs US$180 million RBL Facility with EBRD, BSTDB, EximBank Romania
2 Feb 20183 min read

Energean Signs US$180 million RBL Facility with EBRD, BSTDB, EximBank Romania

Loan agreement finances further development of the Prinos, Prinos North and Epsilon oilfields.

TechnipFMC and Island Offshore enter into a strategic collaboration agreement for RLWI
2 Feb 20181 min read

TechnipFMC and Island Offshore enter into a strategic collaboration agreement for RLWI

Island Offshore Subsea AS provides Riserless Light Well Intervention (RLWI) project management and engineering services for plug & abandonment (P&A), riserless coiled tubing and well completion operations.

Erin Energy discovers Hydrocarbons in Oyo-NW Well
1 Feb 20181 min read

Erin Energy discovers Hydrocarbons in Oyo-NW Well

Erin Energy Corporation has announced that it has completed the drilling of the Oyo-NW well and, based on preliminary evaluation, it has discovered hydrocarbons in the Miocene Formation.

Shell wins nine key blocks in Mexico deepwater bid round
1 Feb 20181 min read

Shell wins nine key blocks in Mexico deepwater bid round

On 31 January, Shell acquired nine exploration blocks for the Mexican Gulf of Mexico in the deepwater bid round.

Noble Midstream Partners and Greenfield Midstream close on DJ basin acquisition
1 Feb 20182 min read

Noble Midstream Partners and Greenfield Midstream close on DJ basin acquisition

Noble Midstream Partners LP and Greenfield Midstream LLC have announced the completion of the acquisition of Saddle Butte Rockies Midstream, LLC and certain affiliates through a newly formed joint venture, Black Diamond Gathering, LLC.

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