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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.

Amec Foster Wheeler wins contract for major Saudi Aramco oilfield development
1 Jun 20171 min read

Amec Foster Wheeler wins contract for major Saudi Aramco oilfield development

Amec Foster Wheeler has announced that it has been awarded a contract by Saudi Aramco, for facilities required as part of the integrated oil and gas expansion of the Marjan offshore and onshore oilfield in the Eastern province of Saudi Arabia.

Transocean Ltd. sells jackup fleet to Borr Drilling
1 Jun 20171 min read

Transocean Ltd. sells jackup fleet to Borr Drilling

Transocean Ltd. has announced that it has completed the previously disclosed transaction to sell its jackup fleet to Borr Drilling Limited for a total consideration of approximately US$1.35 billion.

Seminole Services launches new liner hanger
1 Jun 20171 min read

Seminole Services launches new liner hanger

The PowerScrew™ liner hanger from Seminole Services utilises torsional energy from the top drive to efficiently and safely set a liner, eliminating any need for high pressure in the setting process.

Airswift to deliver global mobility services worldwide to major EPC company
1 Jun 20172 min read

Airswift to deliver global mobility services worldwide to major EPC company

Airswift, the global workforce solutions provider for the energy, process and infrastructure sectors, announced that it has been appointed by a major EPC company to deliver global mobility services worldwide.

Rystad Energy: US oil production could reach all time high during 2017
1 Jun 20172 min read

Rystad Energy: US oil production could reach all time high during 2017

Rystad Energy now predicts that US oil production grows so fast that an all-time high of 10 million bpd could be reached before December 31st this year.

Trelleborg develops Standardized Buoyancy Module system
31 May 20172 min read

Trelleborg develops Standardized Buoyancy Module system

Trelleborg’s offshore operation recently developed a new Standardized Buoyancy Module system to reduce lead times for customers. The ‘off the shelf’ solution offers a viable alternative to custom options for some projects.

Maiden voyage for Claxton’s ‘WellRaizer’ modular conductor recovery system
31 May 20172 min read

Maiden voyage for Claxton’s ‘WellRaizer’ modular conductor recovery system

Claxton, has deployed its new WellRaizer modular conductor recovery system to support the rigless recovery of seven abandoned wells on the Norwegian Continental Shelf.

Cooper Energy: Callawonga-18 successful
31 May 20171 min read

Cooper Energy: Callawonga-18 successful

Cooper Energy has announced that Callawonga-18, an appraisal and development well drilled by the PEL 92 Joint Venture in PPL 220, is being cased and suspended as a future oil producer.

Amerisur Resources: Update on Mariposa-1, CPO-5 Block
31 May 20172 min read

Amerisur Resources: Update on Mariposa-1, CPO-5 Block

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide the following update on drilling activities in the CPO-5 contract in Colombia.

Rystad Energy : Ensco’s Acquisition of Atwood Oceanics is first merger among offshore drillers
31 May 20171 min read

Rystad Energy : Ensco’s Acquisition of Atwood Oceanics is first merger among offshore drillers

In recent months there have been several second-hand rig transactions in the offshore drilling space with a number rigs changing hands such as Borr Drilling’s acquisition of Transocean’s jackup fleet and Shelf Drilling’s acquisition of three Seadrill jackups.

Tendeka lands exclusive agreement with Brastech
30 May 20171 min read

Tendeka lands exclusive agreement with Brastech

Tendeka, a provider of completions systems and services to the upstream oil and gas industry, has finalised an exclusive agreement with Brastech Serviços Téchnicos E Construçoes Náuticas LTDA (Brastech) as it expands within the South American market.

88 Energy Limited provides Icewine#2 operations update
30 May 20171 min read

88 Energy Limited provides Icewine#2 operations update

Cementing of the 4.5 in. liner in the production hole section (through the HRZ) was completed without incident.

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