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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.

Union Jack Oil plc sign farm-in agreement with Reach Oil and Gas for the Sark Drilling Project
14 Jul 20252 min read

Union Jack Oil plc sign farm-in agreement with Reach Oil and Gas for the Sark Drilling Project

The agreement is to acquire a 60% working interest (paying 80%) in the Sark well, planned to be drilled early 3Q25, located in Central Oklahoma, US.

Expro secures contract with Woodside Energy for Trion deepwater project
14 Jul 20252 min read

Expro secures contract with Woodside Energy for Trion deepwater project

Expro to deliver advanced tubular running and cementing services for Woodside’s first ultra-deepwater development offshore Mexico.

Chemical analysis and water treatment
9 Jul 20255 min read

Chemical analysis and water treatment

Duncan Baillie, Business Development Manager, OMMICA, discusses how the global oil and gas industry has to redetermine its approach to produced water treatment and water waste.

Valaris announces multi-year contract awards for drillships
7 Jul 20251 min read

Valaris announces multi-year contract awards for drillships

Valaris has been awarded the contracts with Anadarko Petroleum Corp.

Innovex completes divestment of subsea tree product line
3 Jul 20251 min read

Innovex completes divestment of subsea tree product line

Innovex will retain intellectual property rights for the recently installed subsea tree orientation systems (VXTe) with the intent of licensing this technology to subsea tree manufacturers.

Union Jack Oil plc announce resumption of production at Keddington Oilfield
2 Jul 20251 min read

Union Jack Oil plc announce resumption of production at Keddington Oilfield

The newly installed equipment and facilities are working well and continue to be fine-tuned to optimise production.

ADNOC Drilling awarded five-year contract for oilfield services worth up to US$800 million
2 Jul 20252 min read

ADNOC Drilling awarded five-year contract for oilfield services worth up to US$800 million

This is ADNOC Drilling's fifth major and accretive contract in just over 2 months totalling up to US$4.8 billion.

Velesto secures PTTEP drilling contract for NAGA 5 in 2025-26 campaign
1 Jul 20251 min read

Velesto secures PTTEP drilling contract for NAGA 5 in 2025-26 campaign

Under the contract, Velesto will assign NAGA 5, one of its premium jack-up rigs, to drill a firm 15 wells with operations scheduled to commence in June 2025.

Oil discovery in the Johan Castberg area in the Barents Sea
30 Jun 20252 min read

Oil discovery in the Johan Castberg area in the Barents Sea

Equinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea.

Reusing produced water
27 Jun 20259 min read

Reusing produced water

Morris Hoagland explores the ways produced water can be reused in and outside the oilfield and the opportunities this creates.

Equinor and Shell announce name of UK North Sea’s largest oil and gas producer
26 Jun 20252 min read

Equinor and Shell announce name of UK North Sea’s largest oil and gas producer

“Adura” has been chosen as the name for Equinor and Shell’s incorporated joint venture (IJV).

Derisking MPD operations
26 Jun 20254 min read

Derisking MPD operations

Garry Stephen, Vice President, UK and Asia, Oil States, examines the new bar being set in safety and efficiency standards for drilling complex wells.

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