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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.

PGNiG and ERU to undertake exploration and production operations in Ukraine
11 Dec 20193 min read

PGNiG and ERU to undertake exploration and production operations in Ukraine

The agreement between ERU and PGNiG provides for joint operations on a licence located in the Lviv region, which is close to the Polish border.

Petrofac and Maersk Drilling sign well management contract
11 Dec 20192 min read

Petrofac and Maersk Drilling sign well management contract

Petrofac has been appointed by Maersk to deliver well management services, including project and supply chain management support for shallow water and deepwater wells throughout the duration of the programme.

Total to invest in Waha concessions in Libya
11 Dec 20192 min read

Total to invest in Waha concessions in Libya

Total will finance contributions of US$70 million at the outset, US$30 million when the North Gialo field will come onstream and US$30 million when the NC 98 field will come onstream.

Chevron announces capital and exploratory budget for 2020
11 Dec 20192 min read

Chevron announces capital and exploratory budget for 2020

In the upstream business, approximately US$11 billion is forecasted to sustain and grow currently producing assets, including about US$4 billion for Permian unconventional development and about US$1 billion for other international unconventional development.

Collaboration, creativity and commercial partnerships – the new upstream triumvirate
10 Dec 20195 min read

Collaboration, creativity and commercial partnerships – the new upstream triumvirate

Dave McKendrick, Baker Hughes, demonstrates how industry partnership models are marking a new era for extending life of field.

Aker Solutions to support BP Cypre project with FEED
10 Dec 20191 min read

Aker Solutions to support BP Cypre project with FEED

The contract will see Aker Solutions deliver front-end engineering and design (FEED) for the first platform in a potential series of future assets within BP’s Trinidad and Tobago (BPTT) portfolio.

Canacol Energy wins conventional gas exploration blocks in Colombia
10 Dec 20192 min read

Canacol Energy wins conventional gas exploration blocks in Colombia

The winning bids commit the company to an exploratory work programme, including geological studies, seismic and wells over a three-year phase (Phase 1) on each of the exploration contracts.

ADES secures onshore drilling contracts from Baker Hughes in Kuwait
10 Dec 20191 min read

ADES secures onshore drilling contracts from Baker Hughes in Kuwait

Both contracts were awarded by Baker Hughes, under a primary term of two years firm and an option to extend for another six months.

Unique Group wins multi-million-dollar COOEC saturation dive system contract in China
27 Nov 20192 min read

Unique Group wins multi-million-dollar COOEC saturation dive system contract in China

Under this contract, Unique Group will design, manufacture and deliver a classed saturation diving system to be integrated on COOEC’s vessel, including technical support during and post installation.

Bureau Veritas awarded a three year asset integrity contract with Shell Tunisia
26 Nov 20191 min read

Bureau Veritas awarded a three year asset integrity contract with Shell Tunisia

The scope comprises technical safety services, asset integrity and inspection services and general support services.

Coretrax acquires Churchill and has sights set on further growth
26 Nov 20192 min read

Coretrax acquires Churchill and has sights set on further growth

Coretrax, the specialist well construction and intervention company, has acquired Churchill Drilling Tools as part of an ongoing growth and expansion strategy.

Japan Drilling Company begins Vietnam drilling campaign
25 Nov 20191 min read

Japan Drilling Company begins Vietnam drilling campaign

The jack-up drilling rig HAKURYU-11 started the drilling operation based on the subcontract with PetroVietnam Drilling & Well Services Corporation on 19 November at Vung Tau, offshore Vietnam.

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