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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.

Rystad Energy forecasts seven FPSO awards in 2021
10 Jul 20203 min read

Rystad Energy forecasts seven FPSO awards in 2021

Similar to the previous downturn, awards for FPSO vessels are set to recover next year, with seven projects likely to be sanctioned according to Rystad Energy.

Petrofac and Isker secures EPCC contract in Kazakhstan with NCOC
9 Jul 20201 min read

Petrofac and Isker secures EPCC contract in Kazakhstan with NCOC

The contract is for new water treating facilities for North Caspian Operating Company (NCOC) in Atyrau, Kazakhstan.

Pemex and Talos Energy instructed to reach Zama agreement
9 Jul 20202 min read

Pemex and Talos Energy instructed to reach Zama agreement

Mexico's energy ministry has said that Pemex and Talos Energy have 120 working days to present a unification agreement to jointly develop the Zama reservoir in a way that would maximise its value.

Oceaneering to provide diverless connectors for offshore Western Australia project
9 Jul 20201 min read

Oceaneering to provide diverless connectors for offshore Western Australia project

Oceaneering will supply 3-in. M5 connectors, which will be used for monoethylene glycol (MEG) and chemical inhibitor (CI) service on the field subsea distribution system.

Aibel awarded Oseberg portfolio agreement for 2020 – 2026
9 Jul 20202 min read

Aibel awarded Oseberg portfolio agreement for 2020 – 2026

The aim of the portfolio agreement is to ensure a holistic approach to planning and execution of projects at the Oseberg fields in the North Sea.

Vintage Energy to begin fraccing at Queensland discovery this week
8 Jul 20202 min read

Vintage Energy to begin fraccing at Queensland discovery this week

The fracture stimulation of the Vali-1 ST1 well, which is to be followed by flow testing, is expected to commence on 12 July 2020.

Hurricane Energy announces drop in production at Lancaster field
8 Jul 20203 min read

Hurricane Energy announces drop in production at Lancaster field

Production from the Lancaster field was 1.3 million bbl in 2Q20, compared to 1.4 million bbl in 1Q20.

Acoustic Data awarded contract for wireless downhole data acquisition
8 Jul 20201 min read

Acoustic Data awarded contract for wireless downhole data acquisition

The company will deploy its SonicGauge™ Wireless Monitoring System in onshore gas fields in Asia for a supermajor.

Equinor makes gas and condensate discovery near Kvitebjørn field
8 Jul 20202 min read

Equinor makes gas and condensate discovery near Kvitebjørn field

Preliminary estimates place the size of the discovery between 3 and 10 million m3 of recoverable oil equivalents. The licensees will consider following up the discovery in an overall assessment of the area.

Petrobras begins decommissioning Campos Basin platforms
7 Jul 20201 min read

Petrobras begins decommissioning Campos Basin platforms

Petrobras has started to decommission platform P-12 in the Campos Basin.

ICONIC installs first iTP in Norwegian North Sea
7 Jul 20203 min read

ICONIC installs first iTP in Norwegian North Sea

Designed to provide real time pressure and temperature data anywhere in the well, the Instrumented Tubular Plug has been qualified for use on high pressure high temperature wells.

Deepsea Atlantic rig to drill 12 wells at Johan Sverdrup
7 Jul 20202 min read

Deepsea Atlantic rig to drill 12 wells at Johan Sverdrup

Equinor and its partners have signed a letter of intent with Odfjell Drilling for the Deepsea Atlantic rig to drill 12 wells during phase 2 of the Johan Sverdrup field development.

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