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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.

Magseis Fairfield awarded Gulf of Mexico OBN contract
30 Mar 20201 min read

Magseis Fairfield awarded Gulf of Mexico OBN contract

The project in the Mexican sector of the Gulf of Mexico is scheduled to commence in 3Q20 and will take approximately 60 days.

Johan Sverdrup field due to reach peak production earlier than expected
30 Mar 20202 min read

Johan Sverdrup field due to reach peak production earlier than expected

Equinor has said the North Sea field is on course to reach plateau production for the first phase in early May, earlier than anticipated.

Whitebark Energy ends Wizard Lake deal
30 Mar 20202 min read

Whitebark Energy ends Wizard Lake deal

Whitebark Energy has terminated an agreement to acquire the residual 40% interest in the Wizard Lake oilfield in Canada.

Siccar Point and Shell defer Cambo FID to 2021
30 Mar 20202 min read

Siccar Point and Shell defer Cambo FID to 2021

Siccar Point and Shell UK had been planning to bring the project to a Final Investment Decision (FID) in 3Q20.

Production boosted at two North Sea fields
27 Mar 20202 min read

Production boosted at two North Sea fields

First gas has been achieved from a new well in the Chiswick field in the Southern North Sea, while first oil has been achieved from a new well in the Chestnut field.

Valaris receives notice of drilling contract termination
27 Mar 20203 min read

Valaris receives notice of drilling contract termination

The company is in discussions with Total regarding the notice.

EM&I installs diverless anti-corrosion system on FPSO
27 Mar 20201 min read

EM&I installs diverless anti-corrosion system on FPSO

The HullGuard system involves installing a tubular ‘periscope type’ anode with an integral dielectric shield, through an ODIN® type class approved access port fitted to the inside of the ship’s hull.

Development of Queensland gas tenement acreage put on hold
27 Mar 20201 min read

Development of Queensland gas tenement acreage put on hold

Incitec Pivot Ltd's 50/50 joint venture project with Central Petroleum concerning the coal seam gas acreage (ATP 2031) in Queensland’s Surat Basin has been temporarily paused.

Cairn Energy announces cuts in 2020 CAPEX
27 Mar 20202 min read

Cairn Energy announces cuts in 2020 CAPEX

Planned 2020 CAPEX on the company's UK producing assets is expected to be below US$45 million, reduced from the original forecast of US$65 million.

International Maritime Industries completes rig revamp
27 Mar 20201 min read

International Maritime Industries completes rig revamp

The ARO-2003 (SAR201) jack-up rig has been repaired and overhauled for ARO Drilling.

Petrobras cuts spending
27 Mar 20202 min read

Petrobras cuts spending

The company will reduce planned investments for 2020 from US$12 billion to US$8.5 billion.

Eni revises 2020 – 2021 business plan
26 Mar 20201 min read

Eni revises 2020 – 2021 business plan

Eni will reduce CAPEX in 2020 by around €2 billion, equal to 25% of the total CAPEX planned, and OPEX by around €400 million.

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