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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.

MRC Global awarded Johan Castberg contract
19 Jul 20171 min read

MRC Global awarded Johan Castberg contract

MRC Global Norway AS is set to provide high alloy valves, manifolds, fittings, tubing, enclosures, tube clamps and other items for Statoil’s Johan Castberg project.

Independent Oil & Gas: Blythe and Elgood FDP Submission
19 Jul 20172 min read

Independent Oil & Gas: Blythe and Elgood FDP Submission

Independent Oil and Gas plc has announced that it has submitted the Field Development Plan to the UK Oil and Gas Authority for the Blythe Hub, which comprises the Blythe and Elgood fields.

CGG wins Brazil data processing contract for world’s largest seabed seismic survey
19 Jul 20171 min read

CGG wins Brazil data processing contract for world’s largest seabed seismic survey

CGG announced today the award by Petrobras of a contract to process the seismic data from a 3D Ocean Bottom Node (OBN) survey covering a full-fold area of 2180 km2 in Brazil’s deepwater Santos Basin.

Horizon Oil strengthens acreage position in Papua New Guinea
19 Jul 20173 min read

Horizon Oil strengthens acreage position in Papua New Guinea

Horizon Oil is pleased to advise that it has increased to about 28% its interest in the total certified resources contained in Papua New Guinea’s Western Foreland fields of 2.0 - 2.5 tcf gas and 60 - 70 million bbls of condensate.

Enagás makes a net profit of €269.1 million
19 Jul 20172 min read

Enagás makes a net profit of €269.1 million

This figure includes the accounting impact produced by the full consolidation of the Quintero LNG plant in Chile, included since January 2017. Taking this into account, net profit has increased by 25.6% on the same period last year.

TAQA awards Schlumberger EPCIC contract for Otter Field
19 Jul 20171 min read

TAQA awards Schlumberger EPCIC contract for Otter Field

Scope of contract includes longest subsea multiphase boosting tieback in the UK North Sea.

Panoro moves forward with Dussafu oilfield development
18 Jul 20171 min read

Panoro moves forward with Dussafu oilfield development

Pan Petroleum Gabon B.V., one of Panoro Energy ASA’s subsidiaries, has approved the operator’s proposed work programme and budget to move forward with the development of the Dussafu oilfields.

TELE-FONIKA Kable set to acquire JDR
18 Jul 20171 min read

TELE-FONIKA Kable set to acquire JDR

Subject to regulatory approval, JDR Cable Systems is set to be acquired by TELE-FONIKA Kable.

Saudi Aramco awards Marjan oilfield FEED services
18 Jul 20171 min read

Saudi Aramco awards Marjan oilfield FEED services

WorleyParsons has been awarded the project management and front end engineering and design (FEED) services for the offshore oil and gas facilities portion and the onshore upstream and downstream pipelines portion of Saudi Aramco’s Marjan Oil Field Development Program.

The Weir Group PLC trading update
18 Jul 20171 min read

The Weir Group PLC trading update

In recent weeks, upstream North American markets have recovered more strongly than formerly anticipated. Higher levels of frack fleet utilisation and significant tightening of industry capacity are both benefiting the Group’s Oil & Gas division.

Maersk Oil contract sees North Sea success for Nature Group
18 Jul 20172 min read

Maersk Oil contract sees North Sea success for Nature Group

Nature Group, the oil, gas and maritime waste collection and treatment company, has secured a five-year contract with Maersk Oil in the Central North Sea.

Ascent Resources provides operational update for Petišovci gas field
18 Jul 20172 min read

Ascent Resources provides operational update for Petišovci gas field

The Board of Ascent Resources plc, the European focused oil and gas exploration and production company, has provided an update on progress with its Petišovci project in Slovenia.

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