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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 project news

Upstream project news

Browse the latest upstream project news news and articles.

Murphy Oil sells 50% stake in King's Quay floating production system
19 Mar 20212 min read

Murphy Oil sells 50% stake in King's Quay floating production system

The King’s Quay floating production system in the Gulf of Mexico and its associated laterals will be co-owned in a joint venture with entities managed by Ridgewood Energy Corp., including ILX Holdings III, LLC.

Equinor and partners chose development concept for BM-C-33 project in Brazil
19 Mar 20212 min read

Equinor and partners chose development concept for BM-C-33 project in Brazil

The well streams from the BM-C-33 field, in the Campos Basin, will be sent to a FPSO located at the field. Gas and oil/condensate will both be processed at the FPSO to sales specifications and exported.

AUS$50 million in grants made available to support exploration in Beetaloo Basin
18 Mar 20212 min read

AUS$50 million in grants made available to support exploration in Beetaloo Basin

The grants are part of the Australian government’s Beetaloo Strategic Basin Plan to bring gas from the Beetaloo’s resources into the market by 2025.

Forum Energy Technologies appoints Brazilian partner
18 Mar 20212 min read

Forum Energy Technologies appoints Brazilian partner

Deepsea Technologies will provide business development and engineering support on behalf of Forum Energy Technologies (FET) in Brazil, and deliver full servicing, repair, calibration, upgrades and modifications for FET ROVs and associated tooling.

Sparrows Group awarded trio of Angolan contracts
18 Mar 20212 min read

Sparrows Group awarded trio of Angolan contracts

One of the awards is a three-year renewal to continue with the planned and corrective maintenance of all lifting equipment used on four FPSO vessels in the country.

Ashtead Technology and Ocean Atlantic Petroleum partnership secures contract with Total in Angola
18 Mar 20213 min read

Ashtead Technology and Ocean Atlantic Petroleum partnership secures contract with Total in Angola

Leveraging the comapnies' joint capabilities, Ashtead Technology has completed a multi-asset, Class-approved mooring inspection campaign for Total E&P Angola in the Girassol and Dalia fields, and has been awarded further work in the Pazflor and CLOV fields.

Equinor awards Heimdal and Veslefrikk decommissioning contracts
18 Mar 20213 min read

Equinor awards Heimdal and Veslefrikk decommissioning contracts

Heerema Marine Contractors Nederland SE will carry out removal, dismantling and recycling of the topsides and jackets of the Heimdal riser platform, Heimdal main platform and Veslefrikk A platform in the North Sea.

Swift Drilling awarded long-term P&A contract by Wintershall Noordzee
16 Mar 20212 min read

Swift Drilling awarded long-term P&A contract by Wintershall Noordzee

The jack-up rig SWIFT 10 will be used to perform a plug and abandonment (P&A) campaign in the Dutch and German North Sea this summer.

EM&I technology reduces UTMs for Gulf of Mexico supermajor
16 Mar 20212 min read

EM&I technology reduces UTMs for Gulf of Mexico supermajor

The ANALYSE statistical programme was used by the supermajor to reduce ultrasound thickness measurements (UTMs) on pressure systems.

CNOOC begins production at Caofeidian 6-4 oilfield
15 Mar 20212 min read

CNOOC begins production at Caofeidian 6-4 oilfield

The Caofeidian 6-4 oilfield, located in the midwest of the Bohai sea, is expected to reach its peak production of approximately 15 000 bpd in 2023.

Tullow Oil and partners' Orinduik petroleum agreement renewed
15 Mar 20212 min read

Tullow Oil and partners' Orinduik petroleum agreement renewed

Tullow Oil, Eco Atlantic and TOQAP will maintain control of the Orinduik Block licence offshore Guyana through to 13 January 2023 and until the second renewal period.

Sercel equipment deployed in North African seismic survey
12 Mar 20211 min read

Sercel equipment deployed in North African seismic survey

The crew is operating with an 80 000-channel 508XT land acquisition system, complete with QuietSeis® digital sensors, and 10 Nomad 90 Neo broadband vibrators in challenging desert terrain.

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