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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.

bp starts up seventh major project of 2025
12 Dec 20253 min read

bp starts up seventh major project of 2025

bp has successfully delivered first oil from the Atlantis Drill Center 1 expansion.

Wood Mackenzie: Five mega-trends reshaping the global energy and resources landscape in 2025
12 Dec 20254 min read

Wood Mackenzie: Five mega-trends reshaping the global energy and resources landscape in 2025

Wood Mackenzie releases five charts that spotlight the most significant trends reshaping the sector globally.

EIA launches STEO modernisation; revises natural gas forecast on cold snap
12 Dec 20253 min read

EIA launches STEO modernisation; revises natural gas forecast on cold snap

The Energy Information Administration (EIA) announced plans to modernise its core short-term forecasting system.

Rystad Energy: US shale braces for next consolidation wave as smaller players seek scale
12 Dec 20253 min read

Rystad Energy: US shale braces for next consolidation wave as smaller players seek scale

New wave of consolidation is coming for small- and medium- sized US shale producers.

TotalEnergies merges its upstream business with NEO NEXT, creating the largest independent oil and gas producer in the UK
8 Dec 20252 min read

TotalEnergies merges its upstream business with NEO NEXT, creating the largest independent oil and gas producer in the UK

TotalEnergies has signed an agreement with NEO NEXT Energy Limited (NEO NEXT) under which TotalEnergies will merge its Upstream business with NEO NEXT and become the leading shareholder in the expanded NEO NEXT, which will be renamed NEO NEXT+, with a 47.5% ownership.

Equinor makes new discoveries in the North Sea
8 Dec 20252 min read

Equinor makes new discoveries in the North Sea

These are Equinor’s largest discoveries so far this year and can be developed for the European market through existing infrastructure.

Wood to help boost gas integration at Equinor’s Snorre field
4 Dec 20252 min read

Wood to help boost gas integration at Equinor’s Snorre field

New US$27 million EPCI contract with Equinor in the Norwegian North Sea.

West Africa’s grid transformation to take centre stage at MSGBC 2025
3 Dec 20253 min read

West Africa’s grid transformation to take centre stage at MSGBC 2025

Regional leaders will examine grid integration, regulatory reforms and investment opportunities shaping West Africa’s evolving power market.

DeepOcean nears completion of Gryphon Alpha FPSO disconnection
27 Nov 20252 min read

DeepOcean nears completion of Gryphon Alpha FPSO disconnection

Norwegian Ocean services provider DeepOcean is close to finishing a contract from TotalEnergies involving the disconnection and towing of the Gryphon Alpha floating production storage and offloading (FPSO) unit, along with the removal of related subsea infrastructure.

Equinor plans to drill 250 oil and gas wells in Norway by 2035
27 Nov 20252 min read

Equinor plans to drill 250 oil and gas wells in Norway by 2035

Equinor CEO Anders Opedal said the move aligns with expectations of continued global demand for fossil fuels.

Nigeria: TotalEnergies completes the divestment of its non-operated interest in the Bonga Field
25 Nov 20251 min read

Nigeria: TotalEnergies completes the divestment of its non-operated interest in the Bonga Field

TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria (TEPNG) has completed the divestment of its 12.5% non-operated interest in the OML118 Production Sharing Contract (PSC).

Shell completes acquisition of increased interest in Nigeria’s deep-water Bonga field
25 Nov 20251 min read

Shell completes acquisition of increased interest in Nigeria’s deep-water Bonga field

Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell plc, has completed the previously announced agreement and increased its stake in the OML 118 Production Sharing Contract (OML 118 PSC) from 55% to 65%.

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