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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.

Lundin receives consent for exploration drilling in the Barents Sea
9 Apr 20181 min read

Lundin receives consent for exploration drilling in the Barents Sea

The Petroleum Safety Authority have given Lundin consent to drill appraisal well 7220/11-5 S in production licence 609 in the Barents Sea.

88 Energy provides operational update
9 Apr 20184 min read

88 Energy provides operational update

88 Energy Limited has announced the following update for its projects located on the North Slope of Alaska.

Santos expands acreage position around Arcadia
9 Apr 20181 min read

Santos expands acreage position around Arcadia

The Queensland Government has announced that Santos, along with their GLNG JV partners and APLNG, are the successful bidders for the 86km² PRL2016/17-1A block, located directly west of their Arcadia gas field in the Bowen Basin.

Aker BP has received consent for exploration drilling in the Barents Sea
9 Apr 20181 min read

Aker BP has received consent for exploration drilling in the Barents Sea

The Petroleum Safety Authority Norway have given Aker BP consent for exploration drilling of well 7221/12-1 in the Barents Sea.

Vallourec enters new long term agreements with Petrobras
9 Apr 20182 min read

Vallourec enters new long term agreements with Petrobras

Vallourec renews and reinforces its collaboration with Petrobras by signing new long-term agreements.

SM Energy announces agreements to sell additional non-core assets
6 Apr 20182 min read

SM Energy announces agreements to sell additional non-core assets

The non-core assets are to be sold for US$292 million, coring up and bringing down net debt.

Quorum to acquire Canadian software company Entero
6 Apr 20182 min read

Quorum to acquire Canadian software company Entero

Expands portfolio to cover more of the energy value chain than any other oil and gas software provider.

DOF Subsea contract awards in the Atlantic region
6 Apr 20181 min read

DOF Subsea contract awards in the Atlantic region

DOF Subsea has been awarded various contracts in the Atlantic region, securing utilisation for vessels and personnel in the Subsea/IMR Projects segment.

FluidOil: Mexico joint venture supports VHTL commercialisation strategy
6 Apr 20182 min read

FluidOil: Mexico joint venture supports VHTL commercialisation strategy

The independent international heavy oil technology company has concluded an agreement to form a new Joint Venture in Mexico, to advance the commercialisation of its VHTL upgrading technology in the country.

EnergySys successfully delivers BP lower 48 Implementaion
6 Apr 20182 min read

EnergySys successfully delivers BP lower 48 Implementaion

The deployment to BP Lower 48 provides hydrocarbon accounting for approximately 10 000 onshore gas and liquid wells over six operating areas in North America.

New format for OPITO’s safety & competence conference in KL
6 Apr 20182 min read

New format for OPITO’s safety & competence conference in KL

Free to attend, OPITO Global will build on the successes of the previous one-day conference and exhibition, formerly known as OPITO Safety & Competence Conference (OSCC).

Halliburton drill bit optimises cutter layout for increased durability and drilling speed
6 Apr 20182 min read

Halliburton drill bit optimises cutter layout for increased durability and drilling speed

The Stega™ drill bit has an efficient layout design that optimises the placement of back-up cutters to improve bit durability without decreasing drilling efficiency or rate of penetration (ROP).

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