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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.

ORLEN discovers a new gas field in the Province of Poznan
12 Feb 20253 min read

ORLEN discovers a new gas field in the Province of Poznan

ORLEN is currently operating three gas fields in the County of Jarocin and plans to explore additional prospects in the area.

Impact Oil & Gas announces spudding of Marula-1X exploration Block 2913 offshore Namibia
10 Feb 20253 min read

Impact Oil & Gas announces spudding of Marula-1X exploration Block 2913 offshore Namibia

Impact Oil & Gas Ltd has provided an update on its operations at the Tamboti-1X exploration well and announces spudding of Marula-1X exploration block 2913B (PEL 56) offshore Namibia.

McDermott announces completion of project in East Malaysia ahead of schedule
10 Feb 20252 min read

McDermott announces completion of project in East Malaysia ahead of schedule

McDermott has announced the completion of transportation, installation, and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in 1Q24.

CNOOC Ltd announces production from Bozhong 26-6 oilfield development project
7 Feb 20252 min read

CNOOC Ltd announces production from Bozhong 26-6 oilfield development project

CNOOC Limited has announced that Bozhong 26-6 Oilfield Development Project (Phase I) has commenced production.

Reuters: Senate confirms fracking executive Chris Wright as Trump's energy secretary
5 Feb 20253 min read

Reuters: Senate confirms fracking executive Chris Wright as Trump's energy secretary

The US Senate on Monday 3 February confirmed Chris Wright, a fracking executive, to be President Donald Trump's energy secretary.

Baker Hughes announces trio of electrification technologies for onshore, offshore operations
4 Feb 20253 min read

Baker Hughes announces trio of electrification technologies for onshore, offshore operations

Baker Hughes, an energy technology company has announced three new electrification technologies that will provide enhanced reliability, increased efficiency and reduced emissions for onshore and offshore operations.

Rystad Energy: US$150 billion in global upstream opportunities ahead as shale consolidation slows down
3 Feb 20253 min read

Rystad Energy: US$150 billion in global upstream opportunities ahead as shale consolidation slows down

According to Rystad Energy, upstream merger and acquisition (M&A) activity is expected to slow significantly in 2025 following two years of record-high transactions driven by US shale mergers.

Crescent Energy closes accretive central Eagle Ford bolt-on
3 Feb 20251 min read

Crescent Energy closes accretive central Eagle Ford bolt-on

Crescent Energy Company has announced the closing of its acquisition of Central Eagle Ford assets from Ridgemar Energy for upfront consideration of US$905 million, consisting of US$830 million in cash and 5 454 546 shares of Class A common stock.

Halliburton announces offshore drilling contract with Petrobras
31 Jan 20252 min read

Halliburton announces offshore drilling contract with Petrobras

The contract scope includes drilling services for development and exploration wells over a three-year period.

Pipetech announces launch of Downhole Scale Remediation technology
31 Jan 20253 min read

Pipetech announces launch of Downhole Scale Remediation technology

Flow remediation specialist, Pipetech, has announced the launch of its Downhole Scale Remediation (DSR) technology. Supported by the Net Zero Technology Centre’s (NZTC) emissions reduction programme, this technology aims to redefine wellbore cleaning solutions while advancing sustainable practices.

Aize announced as one of bp’s global digital twin providers
30 Jan 20251 min read

Aize announced as one of bp’s global digital twin providers

The asset visualisation software has been extended to 20 additional bp facilities.

Diversified Energy announces acquisition of Maverick Natural Resources
29 Jan 20254 min read

Diversified Energy announces acquisition of Maverick Natural Resources

Diversified Energy has announced that it has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company of EIG, for total consideration of approximately US$1275 million.

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