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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.

Statoil set to acquire licence interest in Brazil
12 Jul 20171 min read

Statoil set to acquire licence interest in Brazil

Statoil ASA has signed an agreement with Queiroz Galvão Exploração e Produção for the acquisition of 10% interest in the BM-S-8 licence in Brazil’s Santos basin.

Murchison platform removal completed
12 Jul 20171 min read

Murchison platform removal completed

Removal of the Murchison platform has been completed successfully by HAF Consortium.

Cyberhawk shortlisted for two UK Energy Innovation Awards
12 Jul 20172 min read

Cyberhawk shortlisted for two UK Energy Innovation Awards

Cyberhawk, the world’s leading engineering company using Unmanned Aerial Vehicles (UAV), has been named a finalist in two categories at this year’s Energy Innovation Awards.

IEA: Global energy investment fell for a second-year in 2016 as oil and gas spending continues to drop
12 Jul 20174 min read

IEA: Global energy investment fell for a second-year in 2016 as oil and gas spending continues to drop

Global energy investment fell by 12% in 2016, the second consecutive year of decline, as increased spending on energy efficiency and electricity networks was more than offset by a continued drop in upstream oil and gas spending.

Stena Drilling extends inspection contract with Sparrows Group
12 Jul 20172 min read

Stena Drilling extends inspection contract with Sparrows Group

Sparrows Group has been awarded a three-and-a-half-year extension to its inspection services contract for Stena Drilling’s global fleet of drilling vessels.

Qatar: Total celebrates the start of operations on the giant Al-Shaheen oilfield alongside Qatar Petroleum
12 Jul 20172 min read

Qatar: Total celebrates the start of operations on the giant Al-Shaheen oilfield alongside Qatar Petroleum

The field produces 300 000 bpd. The concession will be operated by the North Oil Company (NOC), which was established a year ago as a partnership between Total (30%) and Qatar Petroleum (70%).

FPSO Turritella purchase option exercised by Shell
12 Jul 20172 min read

FPSO Turritella purchase option exercised by Shell

SBM Offshore announces that Shell E and P Offshore Services B.V. (Shell) has notified the company of the fact that Shell is exercising its right under the charter agreement to purchase the FPSO Turritella.

Cairn Energy shares FAN South-1 well result
11 Jul 20172 min read

Cairn Energy shares FAN South-1 well result

Cairn Energy PLC has announced the results of the FAN South-1 well in the South Fan prospect, offshore Senegal.

Erin Energy expects to double production
11 Jul 20172 min read

Erin Energy expects to double production

Erin Energy Corporation has provided an update on its drilling operations and production levels.

Statoil drills wells offshore Newfoundland
11 Jul 20171 min read

Statoil drills wells offshore Newfoundland

Statoil has finalised an exploration drilling programme, which has not resulted in the discovery of hydrocarbons.

Marsol Signs Two-Year OOCEP Contract
11 Jul 20171 min read

Marsol Signs Two-Year OOCEP Contract

The contract covers the provision and management of the marine and offshore activities related to the tanker loading, via the single point mooring (SPM) offshore marine terminal including maintenance works, vessels, equipment, and manpower.

Maersk Oil awards contract to SIMMONS EDECO
11 Jul 20171 min read

Maersk Oil awards contract to SIMMONS EDECO

SIMMONS EDECO, a supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that it has been awarded a major contract by Maersk Oil.

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