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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.

Rhino Resources and Halliburton deliver the first two exploration wells on Block 2914 in Namibia
16 May 20252 min read

Rhino Resources and Halliburton deliver the first two exploration wells on Block 2914 in Namibia

These exploration wells are the first to be completed entirely from in-country infrastructure through Halliburton’s newly established operational bases in Walvis Bay, Swakopmund, and Lüderitz.

INEOS and Royal Wagenborg launch the first European built offshore CO2 carrier for CCS
15 May 20253 min read

INEOS and Royal Wagenborg launch the first European built offshore CO2 carrier for CCS

The launch and naming of ‘Carbon Destroyer 1’ marks a major breakthrough for Project Greensand and carbon capture and storage across the EU.

Eni announces production start-up from Merakes East field, offshore Indonesia
15 May 20253 min read

Eni announces production start-up from Merakes East field, offshore Indonesia

Merakes East is located in a water depth of 1600 m, approximately 10 km east of the Merakes Field. It is tied back via a subsea connection to the Jangkrik Floating Production Unit (FPU) operated by Eni, situated around 50 km away.

Aramco announces 34 MoUs and agreements with US companies worth US$90 billion
15 May 20254 min read

Aramco announces 34 MoUs and agreements with US companies worth US$90 billion

Aramco has announced the signing of 34 Memoranda of Understanding (MoUs) and agreements, with a potential total value of approximately US$90 billion, with major US companies, through its Aramco Group Companies.

McDermott advances Scarborough EPCIC with successful FPU floatover
14 May 20252 min read

McDermott advances Scarborough EPCIC with successful FPU floatover

McDermott is delivering design, fabrication, integration, transportation and installation of an approximately 30 000 t topside and 37 000 t hull structure, making it the largest floating production facility the company has ever designed and built, and one of the largest semi-submersible production platforms built in offshore history.

Petrobras announces oil discovery Santos Basin, offshore Brazil
13 May 20252 min read

Petrobras announces oil discovery Santos Basin, offshore Brazil

Petrobras has announced that it has identified the presence of high-quality oil with no contaminants in the pre-salt of Santos Basin, in an exploratory well in Aram block.

TWMA secures major contract with bp in the UK North Sea
12 May 20252 min read

TWMA secures major contract with bp in the UK North Sea

Drilling waste management specialist, TWMA, has been awarded a contract with bp to provide drilling waste management services in the UK North Sea. TWMA says this agreement reinforces its position as a trusted provider of innovative solutions to the global energy industry.

Whiptail Midstream completes sale of San Juan Basin gathering systems
12 May 20252 min read

Whiptail Midstream completes sale of San Juan Basin gathering systems

Whiptail Midstream says its oil and gas gathering systems in the San Juan Basin played a role in supporting the growth of its producer customers in the Gallup oil play, and MPLX’s ownership will allow for continued investment and growth of the system as activity continues.

NearZero FPSO design from SBM Offshore gets approval from ABS
10 May 20252 min read

NearZero FPSO design from SBM Offshore gets approval from ABS

ABS issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit.

EIA: well completions per location more than double in Lower 48 US states as technology advances
9 May 20252 min read

EIA: well completions per location more than double in Lower 48 US states as technology advances

The increasing number of simultaneous completions reflects significant technological advances in hydraulic fracturing operations, particularly in equipment capabilities and operational strategies.

Viridien announces sale of Sercel Marlin Offshore Logistics solution to ONGC
9 May 20252 min read

Viridien announces sale of Sercel Marlin Offshore Logistics solution to ONGC

The sale includes a five-year contract to provide ONGC with dedicated on-premises Sercel software and support services.

Wood boosts North Sea operations with triple extension awards
8 May 20251 min read

Wood boosts North Sea operations with triple extension awards

Wood has announced a trio of reimbursable contract extensions worth US$118 million to continue to deliver operations and maintenance solutions for Shell UK, Dana Petroleum and CNOOC International’s UK business.

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