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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.

Eni increases its stake in Nigerian deepwater block OML 118
25 Nov 20251 min read

Eni increases its stake in Nigerian deepwater block OML 118

OML 118 is an offshore Nigerian license that includes Bonga producing field, in which NAE holds non-operating interests.

GlobalData: contractors emerge as strategic catalysts advancing low-carbon transition in oil and gas
20 Nov 20253 min read

GlobalData: contractors emerge as strategic catalysts advancing low-carbon transition in oil and gas

Report notes that contractors have become central to the industry’s decarbonisation efforts.

One of the first integrated well and reservoir diagnostic platforms, launched at ADIPEC 2025
11 Nov 20253 min read

One of the first integrated well and reservoir diagnostic platforms, launched at ADIPEC 2025

Octasense captures eight critical insights in a single descent, potentially saving millions of US dollars per campaign.

Full waveform inversion: Senior Geophysicist Ameur Hamdane on unlocking the next era of seismic imaging
6 Nov 20259 min read

Full waveform inversion: Senior Geophysicist Ameur Hamdane on unlocking the next era of seismic imaging

In this interview, Senior Geophysicist Ameur Hamdane discusses how FWI is sharpening subsurface clarity, reducing drilling risk, and enabling new energy applications. Interview by Ellen F. Warren.

Maintaining Floating Asset Integrity
5 Nov 20253 min read

Maintaining Floating Asset Integrity

Danny Constantinis, EM&I, Malta, addresses methods of maintaining the integrity of Floating Production Units (FPUs) and Floating Production, Storage, and Offloading (FPSO) assets.

bp progresses plans for the significant Bumerangue discovery, offshore Brazil
30 Oct 20252 min read

bp progresses plans for the significant Bumerangue discovery, offshore Brazil

bp has provided an update following its significant hydrocarbon discovery at the Bumerangue block, located in the pre-salt Santos Basin, offshore Brazil.

Petrobras announces production record of FPSO Almirante Tamandaré (Búzios 7)
29 Oct 20251 min read

Petrobras announces production record of FPSO Almirante Tamandaré (Búzios 7)

On average, the platform’s production exceeded 250 000 bpd throughout the month of October, representing a volume above its nominal capacity of 225 000 bpd.

Rystad Energy: China’s oil stockpiling explained
23 Sept 20255 min read

Rystad Energy: China’s oil stockpiling explained

Rystad Energy’s oil market update 23 September 2025.

TotalEnergies launches the construction of the final two major projects of the GGIP
15 Sept 20253 min read

TotalEnergies launches the construction of the final two major projects of the GGIP

The GGIP aims to sustainably develop Iraq’s natural resources to improve the country’s electricity supply while contributing to its energy independence and reducing its greenhouse gas (GHG) emissions.

CNOOC Ltd brings on-stream Wenchang 16-2 Oilfield Development Project
8 Sept 20251 min read

CNOOC Ltd brings on-stream Wenchang 16-2 Oilfield Development Project

The project is located in the western Pearl River Mouth Basin, with an average water depth of approximately 150 m.

Egypt secures new oil and gas exploration contracts worth $340 million
2 Sept 20252 min read

Egypt secures new oil and gas exploration contracts worth $340 million

Egypt has entered into four oil and gas exploration agreements with international companies valued at more than $340 million (E£16.52 billion), aiming to bolster domestic production in the face of growing energy demand.

TotalEnergies awarded two offshore exploration permits in Nigeria
2 Sept 20251 min read

TotalEnergies awarded two offshore exploration permits in Nigeria

The permits were awarded following the 2024 Exploration Round organised by the Nigerian Upstream Petroleum Regulatory Commission.

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