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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.

BHP Billiton approves investment in Mad Dog Phase 2 project
10 Feb 20171 min read

BHP Billiton approves investment in Mad Dog Phase 2 project

The company has announced that the Board has approved expenditure of US$2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico.

CGG delivers final pre-STM data for Hobo multi-client survey in Midland Basin
10 Feb 20171 min read

CGG delivers final pre-STM data for Hobo multi-client survey in Midland Basin

CGG has announced that the final processed time volumes (Orthorhombic Kirchhoff Pre-STM) from its recent Hobo 3D multi-client survey in the highly prospective Midland Basin are now available for license.

Peterson partners with Port Cameron to develop state-of-the-art port in Gulf of Mexico
9 Feb 20172 min read

Peterson partners with Port Cameron to develop state-of-the-art port in Gulf of Mexico

Peterson will provide logistics consultancy services to support the planning and initial development of Port Cameron, a 500 acre deepwater staging port situated in Cameron, Louisiana, serving the Gulf of Mexico.

EY: Shift from short-term survival to long-term success vital for UK oil and gas supply chain
9 Feb 20174 min read

EY: Shift from short-term survival to long-term success vital for UK oil and gas supply chain

It is vital that the oilfield services (OFS) industry makes a permanent shift in strategy from short-term survival to long-term success, according to analysis published by EY.

Scottish firm becomes 200th global OPITO-approved training provider
9 Feb 20172 min read

Scottish firm becomes 200th global OPITO-approved training provider

The company was passed by the skills organisation for the oil and gas industry to roll out an essential induction programme to enhance the safety of offshore workers.

MOL Group expands exploration portfolio
9 Feb 20172 min read

MOL Group expands exploration portfolio

MOL Group expanded its exploration portfolio by acquiring new licenses in Hungary and Norway. MOL acquired 6 new licences in the fourth bid round in Hungary, doubling its exploration acreage in the country.

Samoco Oil Tools introduces new BOP testing tool
9 Feb 20172 min read

Samoco Oil Tools introduces new BOP testing tool

Samoco Oil Tools, a developer of tools for the oil and gas industry, has announced the launch of OneTrip to greatly reduce the time and costs associated with mandatory blowout prevention (BOP) testing.

Polarcus agrees terms for 5 1/2 year bareboat charter
9 Feb 20172 min read

Polarcus agrees terms for 5 1/2 year bareboat charter

A Polarcus subsidiary has entered into a heads of agreement with SCF GEO AS, to charter a vessel on bareboat terms with delivery scheduled for March, 2017.

Rystad Energy: Projected 2017 FID in Australia & South East Asia to 75% lower than 2016 volumes
9 Feb 20172 min read

Rystad Energy: Projected 2017 FID in Australia & South East Asia to 75% lower than 2016 volumes

Rystad Energy forecasts projects holding 512 million boe of recoverable liquids and gas resources could potentially reach final investment decisions (FIDs) within Australia & South East Asia during 2017.

Halliburton introduces large bore subsea safety system
8 Feb 20172 min read

Halliburton introduces large bore subsea safety system

Halliburton has announced the release of the Dash® Large Bore Subsea Safety System, which provides full electrohydraulic control of well safety and intervention functions.

John Agyekum Kufuor FPSO vessel ready to set sail to Offshore Cape Three Points, Ghana
8 Feb 20171 min read

John Agyekum Kufuor FPSO vessel ready to set sail to Offshore Cape Three Points, Ghana

The FPSO shall operate in Sankofa-Gye Nyame field in the Tano Basin, in Ghana’s offshore, for the Offshore Cape Three Points (OCTP) project.

Rockhopper: operational and corporate update
8 Feb 20174 min read

Rockhopper: operational and corporate update

Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, has provided the following operational and corporate update.

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