The UPSERT operation either updates or inserts a row in a table, depending if the table already has a row that matches the data:
if table t has a row exists
The dual example above which is in PL/SQL was great becuase I wanted to do something similar, but I wanted it client side...so here is the SQL I used to send a similar statement direct from some C#
MERGE INTO Employee USING dual ON ( "id"=2097153 )
WHEN MATCHED THEN UPDATE SET "last"="smith" , "name"="john"
WHEN NOT MATCHED THEN INSERT ("id","last","name")
VALUES ( 2097153,"smith", "john" )
However from a C# perspective this provide to be slower than doing the update and seeing if the rows affected was 0 and doing the insert if it was.