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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.

Baker Hughes, Repsol to collaborate on AI-powered workflows
15 Oct 20241 min read

Baker Hughes, Repsol to collaborate on AI-powered workflows

Baker Hughes said the companies will develop new AI-powered processes and workflows to achieve further optimisation in oil and gas production.

CNOOC sees record oil and gas output from independent field
15 Oct 20241 min read

CNOOC sees record oil and gas output from independent field

The Chinese state company also recently discovered one of the world’s first large ultra-shallow gas fields in ultra-deep water.

SLB OneSubsea awarded major contract for deepwater project in Brazil
14 Oct 20241 min read

SLB OneSubsea awarded major contract for deepwater project in Brazil

SLB’s OneSubsea joint venture has been awarded a major contract by Petrobras for the Roncador project, offshore Brazil.

Shelf Drilling announces new contracts in West Africa
14 Oct 20241 min read

Shelf Drilling announces new contracts in West Africa

Shelf Drilling Ltd has announced new contracts for two jack-up rigs in Nigeria.

Shearwater to conduct new Angolan OBN survey for TotalEnergies
11 Oct 20241 min read

Shearwater to conduct new Angolan OBN survey for TotalEnergies

Shearwater Geoservices Holding AS (Shearwater) has announced an award by TotalEnergies for an Angolan OBN project.

NOR Offshore Rental expands UK operations with major Sonardyne technology investment for construction survey
10 Oct 20241 min read

NOR Offshore Rental expands UK operations with major Sonardyne technology investment for construction survey

NOR Offshore Rental (NOR) has made a multi-million-pound investment in Sonardyne products as part of their expansion at NOR Ltd, their UK subsidiary office in Aberdeen.

CNOOC Ltd commences production at Bozhong 19-2 oilfield development project
10 Oct 20241 min read

CNOOC Ltd commences production at Bozhong 19-2 oilfield development project

The oilfield is expected to reach a peak production of approximately 18 800 bpd of crude oil in 2025.

EIA: short-term energy outlook
9 Oct 20242 min read

EIA: short-term energy outlook

The US Energy Information Administration has released its short-term energy outlook for October.

As politics calms, oil output in Libya exceeds one million bpd
9 Oct 20242 min read

As politics calms, oil output in Libya exceeds one million bpd

The North African nation has struggled with political instability since the ousting of Muammar Gaddafi in 2011.

Petrobras sets new production records at its refineries
8 Oct 20241 min read

Petrobras sets new production records at its refineries

Petrobras has reported that the Total Utilization Factor (FUT) of its refineries reached 96.8% in September, representing the highest monthly result in 2024.

Wood Mackenzie: Chevron moves closer to Canadian divestment target with US$6.5 billion asset sale to CNRL
8 Oct 20242 min read

Wood Mackenzie: Chevron moves closer to Canadian divestment target with US$6.5 billion asset sale to CNRL

CNRL moves into top 25 rankings of global oil and gas producers with purchase, comments Wood Mackenzie.

Chevron announces US$6.5 billion sale of its interests in the Athabasca Oil Sands Project and Duvernay shale
7 Oct 20241 min read

Chevron announces US$6.5 billion sale of its interests in the Athabasca Oil Sands Project and Duvernay shale

Chevron Canada Ltd has announced that it and a related entity have agreed to sell their interests in the Athabasca Oil Sands Project and the Duvernay shale to Canadian Natural Resources Ltd.

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