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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.

LetterOne and BASF sign letter of intent to merge their oil and gas businesses
8 Dec 20172 min read

LetterOne and BASF sign letter of intent to merge their oil and gas businesses

The new merged entity would operate under the name Wintershall DEA.

Delmar promises GoM Flex-Lay boost with MDL partnership
8 Dec 20172 min read

Delmar promises GoM Flex-Lay boost with MDL partnership

Global mooring specialist Delmar Systems, Inc. has entered a partnership with leading pipelay equipment provider Maritime Developments (MDL), to set up a flex-lay base in the USA.

Touchstone Exploration: £3 million placement and increase drill programme
8 Dec 20172 min read

Touchstone Exploration: £3 million placement and increase drill programme

Touchstone Exploration Inc., has announced that it intends to complete a private placement directed towards United Kingdom institutional investors.

Sparrows Group awarded five-year contract from Premier Oil
7 Dec 20172 min read

Sparrows Group awarded five-year contract from Premier Oil

Sparrows Group has secured a new five-year contract with Premier Oil for the provision of crane operations and maintenance across two of its North Sea assets.

CGG releases multi-client airborne GravMag survey over Perdido Fold Belt, Mexico
7 Dec 20172 min read

CGG releases multi-client airborne GravMag survey over Perdido Fold Belt, Mexico

CGG Multi-Physics has announced completion of the acquisition, processing and interpretation of a multi-client airborne gravity and magnetic survey of approximately 38 000 line km over the Perdido Fold Belt.

D&L Oil Tools designs new anchor in response to demand of smart well technology
7 Dec 20173 min read

D&L Oil Tools designs new anchor in response to demand of smart well technology

D&L Oil Tools has unveiled a new design for hydraulically and mechanically-set retrievable tubing anchors/catchers aptly named Trilobite Anchors.

V.Ships Offshore wins contract with Pertamina International Shipping
7 Dec 20171 min read

V.Ships Offshore wins contract with Pertamina International Shipping

V.Ships Offshore, part of V.Group, has been awarded the contract to provide operations and full technical management of the floating storage and offloading (FSO) vessel – Pertamina Abherka in Indonesia.

Statoil awards contract for the turret mooring system of Johan Castberg
7 Dec 20171 min read

Statoil awards contract for the turret mooring system of Johan Castberg

Statoil has signed a contract with SBM Offshore for delivery of the turret mooring system on the floating production ship (FPSO) for the Johan Castberg field. The contract is an exercise of an option in connection with the conclusion of a FEED contract with the same company.

ION quadruples 2D multi-client data offshore Argentina prior to license round
6 Dec 20172 min read

ION quadruples 2D multi-client data offshore Argentina prior to license round

ION has delivered a regional framework consisting of approximately 30 000 km of data over the Austral and Malvinas basins' relatively under-explored petroleum region.

ExxonMobil acquires exploration acreage in three Mauritania offshore blocks
6 Dec 20171 min read

ExxonMobil acquires exploration acreage in three Mauritania offshore blocks

Blocks C22, C17 and C14 are located an average of 124 miles, or 200 km, offshore Mauritania. Together they measure nearly 8.4 million acres in water depths ranging from 3300 ft to 11 500 ft, or 1000 m to more than 3500 m.

Aker Solutions wins Johan Castberg orders totalling apprx NOK 4 billion
6 Dec 20172 min read

Aker Solutions wins Johan Castberg orders totalling apprx NOK 4 billion

The company will supply the subsea production system and design the topside of the floating production, storage and offloading (FPSO) facility, which will be the largest-ever of its kind offshore Norway.

Angola: Total paves the way for new projects in the country
6 Dec 20172 min read

Angola: Total paves the way for new projects in the country

Total and Sonangol signed several agreements covering both upstream and downstream activities.

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