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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 project news

Upstream project news

Browse the latest upstream project news news and articles.

PCEC signs strategic agreements with Petróleos de Venezuela
9 Oct 20262 min read

PCEC signs strategic agreements with Petróleos de Venezuela

Pacific Coast Energy Company has announced strategic agreements with Petróleos de Venezuela, S.A. to redevelop Venezuelan Delta and Cabimas oil fields.

Wood Mackenzie: Johan Sverdrup crude hits record US$24/bbl premium
7 Oct 20264 min read

Wood Mackenzie: Johan Sverdrup crude hits record US$24/bbl premium

Wellbore Integrity Solutions launches new website
16 Sept 20262 min read

Wellbore Integrity Solutions launches new website

More news

Viridien signs strategic multi-client partnership with PETROSEN to unlock Senegal’s petroleum potential
13 Aug 20262 min read

Viridien signs strategic multi-client partnership with PETROSEN to unlock Senegal’s petroleum potential

Viridien has announced the signing of a strategic multi-client partnership agreement with Société de Pétroles du Sénégal (PETROSEN), Senegal's national petroleum company.

Odfjell Technology signs MoU with ANT to deliver advanced P&A solution in Southeast Asia
28 Apr 20261 min read

Odfjell Technology signs MoU with ANT to deliver advanced P&A solution in Southeast Asia

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Odfjell Technology has signed a Memorandum of Understanding (MoU) with Applied New Technologies (ANT) to work together to deliver a next generation erosion tool for well plug and abandonment (P&A) projects across Southeast Asia.

A reliability-centred framework for sub-asset management in CMMS
7 Apr 202610 min read

A reliability-centred framework for sub-asset management in CMMS

Rebuilding asset visibility from the component level up, by Rajaram Madhavan, SLB.

Wood Mackenzie: five subsurface themes shaping upstream exploration and development in 2026
13 Jan 20265 min read

Wood Mackenzie: five subsurface themes shaping upstream exploration and development in 2026

Exploration spending faces pressure as industry pivots to strategic acreage deals, giant field redevelopment, and next-generation geothermal commercialisation.

Wood Mackenzie global upstream: five things to look for in 2026
9 Jan 20264 min read

Wood Mackenzie global upstream: five things to look for in 2026

The report identifies five key themes that will shape the upstream sector in 2026 as operators balance capital discipline with strategic portfolio positioning for the 2030s.

Saipem: third extension of contract with Aker BP for Scarabeo 8 for offshore drilling activities in Norway into 2028
19 Dec 20251 min read

Saipem: third extension of contract with Aker BP for Scarabeo 8 for offshore drilling activities in Norway into 2028

Saipem announces that Aker BP has exercised a new option to extend the contract for the semi-submersible drilling unit Scarabeo 8, prolonging its deployment for an additional year.

bp starts up seventh major project of 2025
12 Dec 20253 min read

bp starts up seventh major project of 2025

bp has successfully delivered first oil from the Atlantis Drill Center 1 expansion.

Wood Mackenzie: Five mega-trends reshaping the global energy and resources landscape in 2025
12 Dec 20254 min read

Wood Mackenzie: Five mega-trends reshaping the global energy and resources landscape in 2025

Wood Mackenzie releases five charts that spotlight the most significant trends reshaping the sector globally.

Rystad Energy: Key digital initiatives could save oil and gas industry over US$320 billion
5 Dec 20253 min read

Rystad Energy: Key digital initiatives could save oil and gas industry over US$320 billion

Rystad reports on how digital innovation is changing the oilfield services sector.