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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.

Technology brings success to FRAC-CHEM
23 Jun 20171 min read

Technology brings success to FRAC-CHEM

FRAC-CHEM will showcase its new technology at event hosted by Amazon Web Services.

World’s largest semisubmersible platform safely moored in Ichthys Field
23 Jun 20171 min read

World’s largest semisubmersible platform safely moored in Ichthys Field

The INPEX-operated Ichthys LNG Project’s Central Processing Facility (CPF) has been safely moored in the Ichthys Field, some 220 km off the north coast of Western Australia, where she will be located for 40 years.

ONGC matches rig move record
23 Jun 20172 min read

ONGC matches rig move record

The Oil and Natural Gas Corporation Limited (ONGC), with the support of Aqualis Offshore, has matched its own pre-monsoon rig move record set last year offshore India. Aqualis Offshore has also secured a new contract extension to support ONGC.

Rystad Energy: EQT corporation’s acquisition of Rice Energy creates the leading US and Appalachian natural gas producer
23 Jun 20172 min read

Rystad Energy: EQT corporation’s acquisition of Rice Energy creates the leading US and Appalachian natural gas producer

On June 19, EQT Corporation entered into an agreement to acquire Rice Energy for US$ 8.2 billion.

Bumi Armada suspends operations on FPSO Armada Perdana
22 Jun 20171 min read

Bumi Armada suspends operations on FPSO Armada Perdana

The suspension of operations is due to longstanding delays in the bare-boat charter payments due to Bumi Armada, as well as irregular payments on the operations and maintenance contract.

Coretrax marks key milestone with setting of 200th bridge plug
22 Jun 20172 min read

Coretrax marks key milestone with setting of 200th bridge plug

Coretrax, leading engineered servicing company for wellbore clean and abandonment, has marked an important milestone with the setting of its 200th CX-2 bridge plug.

Schlumberger and Production Plus announce joint venture
22 Jun 20172 min read

Schlumberger and Production Plus announce joint venture

The HEAL Systems™ company will offer producers operating efficiencies and cost savings.

SBM Offshore awarded turnkey and lease and operate contracts for the ExxonMobil Liza FPSO
22 Jun 20171 min read

SBM Offshore awarded turnkey and lease and operate contracts for the ExxonMobil Liza FPSO

Under these contracts, SBM Offshore will construct, install, lease and operate a floating production, storage and offloading vessel (FPSO).

John Crane Asset Management Solutions inks maintenance contract
21 Jun 20172 min read

John Crane Asset Management Solutions inks maintenance contract

John Crane Asset Management Solutions has secured a three year contract to provide condition-based maintenance services in the North Sea.

TAG Oil announces reserve increases
21 Jun 20173 min read

TAG Oil announces reserve increases

An independent reserves assessment of TAG Oil’s interests suggests an approximate 27% increase in annual reserves revisions.

88 Energy provides Icewine#2 operations update
21 Jun 20171 min read

88 Energy provides Icewine#2 operations update

88 Energy Limited has provided an update on Project Icewine, located onshore North Slope of Alaska.

AWE: Waitsia-3 appraisal well reaches total depth
21 Jun 20172 min read

AWE: Waitsia-3 appraisal well reaches total depth

AWE Limited, the operator of Production Licences L1/L2 in the northern Perth Basin, Western Australia, has announced that the Waitsia-3 appraisal well reached Total Depth (TD) of 3612 m Measured Depth below Rotary Table (MDRT).

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