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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.

SafeSTS creates Brazilian company
3 Jan 20181 min read

SafeSTS creates Brazilian company

The move is a response to increasing demands for ship-to-ship transfers to support Brazil’s soaring oil exports.

Trelleborg wins Oil & Gas Engineering Product of the Year Gold Award
3 Jan 20181 min read

Trelleborg wins Oil & Gas Engineering Product of the Year Gold Award

Trelleborg is the first company to win the Oil and Gas Engineering Product of the Year Gold Award for its newly developed Standardized Buoyancy Module.

New Postle Industries product extends usage of work string tubulars
2 Jan 20181 min read

New Postle Industries product extends usage of work string tubulars

The Tube-Weld 110 can restore work string connections damaged by wear.

Aquaterra Energy scores hat trick of safety milestones
2 Jan 20183 min read

Aquaterra Energy scores hat trick of safety milestones

The company has surpassed 1500 days, more than four years, without a lost time injury at any of its global operations and offices, fabrication sites, warehouses and workshops.

TGS and Schlumberger announce new 2D multiclient project in Egyptian Red Sea
2 Jan 20182 min read

TGS and Schlumberger announce new 2D multiclient project in Egyptian Red Sea

The project will comprise acquisition of a 10 000 km 2D long-offset broadband multiclient seismic survey. Advanced new acquisition and imaging techniques will provide better illumination of complex subsalt structures.

TechnipFMC awarded contract for the Statoil Snorre Expansion Project in the North Sea
2 Jan 20181 min read

TechnipFMC awarded contract for the Statoil Snorre Expansion Project in the North Sea

The Snorre Expansion contract covers the delivery of subsea production systems and includes 6 subsea templates and subsea production equipment.

2017: all-time low for discovered resources
2 Jan 20183 min read

2017: all-time low for discovered resources

Rystad Energy has concluded that 2017 was yet another record low year for discovered conventional volumes globally. Less than seven billion boe were discovered YTD.

JX Nippon to develop and produce oil and gas from Beryl Gas Field, offshore Sarawak, Malaysia
29 Dec 20171 min read

JX Nippon to develop and produce oil and gas from Beryl Gas Field, offshore Sarawak, Malaysia

Beryl, an already discovered but undeveloped gas field, lies in the shallower zone in the same location as the underlying Helang Gas Field (“Helang”) and Layang Oil and Gas Field (“Layang”) in Block SK10, Offshore Sarawak.

SBM Offshore completes US$720 million financing of Liza
28 Dec 20173 min read

SBM Offshore completes US$720 million financing of Liza

SBM Offshore has announced that on December 19, 2017 it completed the project financing of FPSO Liza for a total of US$720 million.

Fluenta launches new ultrasonic flow transducers
28 Dec 20172 min read

Fluenta launches new ultrasonic flow transducers

Fluenta has announced the launch of its new range of ultrasonic flow transducers. The two new transducers enable ultrasonic measurement of gas flow in highly challenging environments.

Global Marine Group announces new business unit 'Global Offshore' to serve O&G sector
28 Dec 20171 min read

Global Marine Group announces new business unit 'Global Offshore' to serve O&G sector

Global Offshore will focus the staff, vessels and subsea equipment needed to meet the demands of oil & gas companies operating around the world.

Funding boost helps ROVOP bolster ROV fleet by 50% and supports future business growth
27 Dec 20173 min read

Funding boost helps ROVOP bolster ROV fleet by 50% and supports future business growth

ROVOP Limited, an independent operator of underwater remotely operated vehicles (ROVs), is to immediately increase its fleet by 50% to meet ongoing customer demand following a funding boost of £56 million.

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