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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.

Genoil signs agreement to develop five fields in Yakutia, Russia, with 1.8 billion bbls of recoverable reserves
13 Dec 20172 min read

Genoil signs agreement to develop five fields in Yakutia, Russia, with 1.8 billion bbls of recoverable reserves

The scale of the project will require US$35 billion with the first phase costing US$6 billion representing a landmark agreement for Genoil.

ABB pioneers microgrid solution for installation on offshore platform
12 Dec 20172 min read

ABB pioneers microgrid solution for installation on offshore platform

ABB Ability™ enabled microgrid to support Woodside’s efforts to reduce carbon emissions and help optimise costs.

Mira 6 horizontal well on-line via downhole pump in Mira 2 vertical well
12 Dec 20172 min read

Mira 6 horizontal well on-line via downhole pump in Mira 2 vertical well

The recently drilled Mira 6 horizontal well, which ran inside the Castor coal seam for approximately 920 m and intersected the Mira 2 well at about the mid-point, came on-line and is producing water as planned.

Aker Solutions to Provide Subsea Production System for Aker BP's Ærfugl
12 Dec 20171 min read

Aker Solutions to Provide Subsea Production System for Aker BP's Ærfugl

Aker Solutions was awarded a contract from Aker BP to deliver the subsea production system for the first phase of the Ærfugl development offshore Norway.

Keppel secures S$130 million in projects from repeat customers
12 Dec 20172 min read

Keppel secures S$130 million in projects from repeat customers

The projects have been secured from repeat customers, Petrobras and SOFEC Inc. (SOFEC) respectively, worth a combined value of approximately S$130 million.

Genel Energy provides update on Tawke PSC
11 Dec 20172 min read

Genel Energy provides update on Tawke PSC

Production from the Peshkabir field in the Tawke licence in the Kurdistan Region of Iraq has tripled to 15 000 bpd following completion of the Peshkabir-3 well testing, stimulation and clean-up programme.

IOS confirms commitment to North-east UK with £5.5 million investment programme
11 Dec 20174 min read

IOS confirms commitment to North-east UK with £5.5 million investment programme

Independent Oilfield Services (IOS), Peterhead-based storage and inspection firm, is to invest £5.5million in the North-east of Scotland over the coming months.

Polarcus secures funding for 3D broadband project in Australia
11 Dec 20171 min read

Polarcus secures funding for 3D broadband project in Australia

The company has secured significant industry prefunding and has been granted the environmental permit for a broadband 3D marine seismic project in Australia.

Weatherford named Shell Wells Supplier of the Year 2017
11 Dec 20171 min read

Weatherford named Shell Wells Supplier of the Year 2017

The award recognises the high levels of safety and service quality that Weatherford has provided to Shell’s well operations throughout the year, as well as the service company’s collaborative, solutions-based approach.

Seatronics strengthens Middle East offering with new regional manager
11 Dec 20172 min read

Seatronics strengthens Middle East offering with new regional manager

Seatronics, a marine electronic equipment specialist in subsea services group Acteon, is enhancing its offering to clients in the Middle East with the appointment of Akram Ali as regional manager.

Energean signs further gas sales contracts and moves closer to FID for the Karish and Tanin Development Project
8 Dec 20172 min read

Energean signs further gas sales contracts and moves closer to FID for the Karish and Tanin Development Project

The new GSPAs will bring total contracted volumes from the Karish and Tanin development project to more than 4 BCM per year, surpassing the Company’s initial targeted sales volumes and creating significant additional value.

Aker Solutions to design Johan Castberg FPSO accommodation unit
8 Dec 20172 min read

Aker Solutions to design Johan Castberg FPSO accommodation unit

Aker Solutions won a contract from Sembcorp Marine to design the living quarters for the Johan Castberg development's floating production, storage and offloading vessel (FPSO).

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