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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.

APA Corp. completes Delaware Basin minerals divestiture
14 Mar 20222 min read

APA Corp. completes Delaware Basin minerals divestiture

The divested assets primarily comprise non-operated properties across west Texas and southeast New Mexico, with estimated production of approximately 7000 boe/d.

Eco Atlantic Oil & Gas acquires JHI Associates and its stake in Canje block
14 Mar 20224 min read

Eco Atlantic Oil & Gas acquires JHI Associates and its stake in Canje block

The Canje block offshore Guyana is directly adjacent to the prolific Stabroek block where ExxonMobil has discovered in excess of 10 billion barrels of oil.

IOG confims first gas from Saturn Banks project
14 Mar 20223 min read

IOG confims first gas from Saturn Banks project

After final commissioning of the Saturn Banks Reception Facilities at the Bacton terminal, backgassing of the pipeline system was successfully completed over the past week.

Eni and BP create independent JV in Angola
14 Mar 20223 min read

Eni and BP create independent JV in Angola

Azule Energy will be independently managed, with more than 200 000 boe/d of net oil and gas production and 2 billion boe of net resources.

IOG signs gas sales agreement with BP
11 Mar 20222 min read

IOG signs gas sales agreement with BP

The agreement covers IOG's equity gas from all of the Saturn Banks Phase 1 fields in the North Sea.

OKEA awards Aker Solutions contract extension
11 Mar 20222 min read

OKEA awards Aker Solutions contract extension

The extension to an existing maintenance and modifications frame agreement covers work on all installations offshore Norway operated by OKEA.

Halliburton to design cloud solution for E&P applications for Petrobel
11 Mar 20221 min read

Halliburton to design cloud solution for E&P applications for Petrobel

Halliburton will deploy Energy Stack, its cloud solution that runs on-premise, to manage petrotechnical software applications.

CGX and Frontera announce loan agreement to finance drilling offshore Guyana
11 Mar 20221 min read

CGX and Frontera announce loan agreement to finance drilling offshore Guyana

The loan will enable CGX to continue to finance part of its share of costs related to the Corentyne Block, the Berbice Deepwater Port, and other budgeted costs as agreed to with Frontera.

Eco Atlantic Oil & Gas completes Azinam acquisition
11 Mar 20221 min read

Eco Atlantic Oil & Gas completes Azinam acquisition

With the acquisition of Azinam, Eco Atlantic nows owns and operates a number of licences in Guyana, Namibia and South Africa.

Equinor drills dry well near Snorre field
11 Mar 20222 min read

Equinor drills dry well near Snorre field

Wildcat well 34/4-18 S, drilled about 7 km north-west of the Snorre field in the North Sea, was found to be dry with no trace of hydrocarbons.

McDermott completes subsea work at Bayu-Undan gas field
10 Mar 20222 min read

McDermott completes subsea work at Bayu-Undan gas field

McDermott's scope involved a tieback of a single in-field well to existing facilities, re-using existing flexible flowline, with a new umbilical and certain infrastructure.

Invictus Energy signs drilling rig contract for Cabora Bassa project
10 Mar 20222 min read

Invictus Energy signs drilling rig contract for Cabora Bassa project

The drilling of the Muzarabani-1 exploration well will involve the Exalo #202 rig, expected to commence mobilisation to the Cabora Bassa project in May.

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