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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.

Plugging wells on Valhall using power from shore
9 Jun 20172 min read

Plugging wells on Valhall using power from shore

Maersk Invincible is being supplied with electricity through the Valhall field. It is probably the first time ever a drilling rig is being powered fully from shore.

Petrofac secures framework agreement with Petroleum Development Oman
9 Jun 20172 min read

Petrofac secures framework agreement with Petroleum Development Oman

Petrofac has secured a long-term Framework Agreement (FA) with Petroleum Development Oman (PDO) for the provision of Engineering, Procurement and Construction Management (EP+Cm) Support Services for major oil and gas projects.

Waitsia Stage 2 enters FEED with start of design competition
9 Jun 20172 min read

Waitsia Stage 2 enters FEED with start of design competition

AWE Limited, the operator of Production Licences L1/L2 in the northern Perth Basin, Western Australia, today announced that the Joint Venture partners have agreed to commence the design competition phase of FEED for Stage 2 of the Waitsia Gas Project.

Statoil announces revised exploration programme in the Great Australian Bight
9 Jun 20172 min read

Statoil announces revised exploration programme in the Great Australian Bight

Statoil has signed a swap agreement with BP and has been granted regulatory approval to take over two exploration permits and extend its work program in the Great Australian Bight.

UTEC awarded contract with Saipem to support in Zohr field
8 Jun 20172 min read

UTEC awarded contract with Saipem to support in Zohr field

UTEC has been awarded a contract with world leading subsea construction company Saipem to support its operations as part of the Zohr Field Development Project.

CGG delivers final data from Encontrado project over Perdido fold belt
8 Jun 20172 min read

CGG delivers final data from Encontrado project over Perdido fold belt

CGG has announced that the final products from its Encontrado multi-client reprocessing project across the Gulf of Mexico’s prolific Perdido fold belt have been delivered on schedule to the Comision Nacional de Hidrocarburos (CNH) and the industry.

Bechtel’s Andrew Cuniah joins the EIC Board of Directors
8 Jun 20172 min read

Bechtel’s Andrew Cuniah joins the EIC Board of Directors

Newest Board Member brings over 30 years of oil and gas procurement expertise to the company.

UKOG: drilling update at Broadford Bridge-1 Kimmeridge exploration well
8 Jun 20172 min read

UKOG: drilling update at Broadford Bridge-1 Kimmeridge exploration well

UK Oil & Gas Investments PLC has announced that 13 ? in. steel casing was set and cemented successfully over the 855 ft thick Weald Clay section on its 100% interest Broadford Bridge-1 Kimmeridge Limestone exploration well.

TechnipFMC awarded a well intervention contract in Australia
8 Jun 20171 min read

TechnipFMC awarded a well intervention contract in Australia

TechnipFMC has entered into a three-year frame agreement with Woodside Energy Ltd in Australia for Riserless Light Well Intervention (RLWI) and subsea services, including intervention, installation, and plug and abandonment services.

Touchstone Exploration: drilling programme update
7 Jun 20173 min read

Touchstone Exploration: drilling programme update

Touchstone Exploration Inc. has provided an operational update with respect to the company’s 2017 drilling campaign and recompletion programme.

Aquaterra Sea Swift platform installed and operating in Egypt for PICO Petroleum Integrated Services
7 Jun 20173 min read

Aquaterra Sea Swift platform installed and operating in Egypt for PICO Petroleum Integrated Services

Aquaterra Energy has designed, fabricated and installed a new Sea Swift platform for PICO Petroleum Integrated Services, the lead contractor for Amal Petroleum Company’s (AMAPETCO) Amal field in the Gulf of Suez, offshore Egypt.

NEL develops new flow measurement technique for viscous oil
7 Jun 20172 min read

NEL develops new flow measurement technique for viscous oil

NEL has developed a new method to improve the accuracy of differential pressure meters for high viscosity oil, which will help the oil and gas industry to reduce financial exposure and tackle the challenges involved in its measurement.

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