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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/Offshore & subsea

Offshore & subsea News

Browse the latest offshore & subsea news and articles.

FUELSAVE and Seadrill partner on decarbonising offshore drilling
13 Jul 20213 min read

FUELSAVE and Seadrill partner on decarbonising offshore drilling

Seadrill’s West Saturn drillship will be fitted with FUELSAVE’s combustion conditioning technology to reduce fuel consumption and harmful emissions while it operates in the Bacalhau field in Brazil.

Valaris awarded 16-well contract offshore Australia
13 Jul 20211 min read

Valaris awarded 16-well contract offshore Australia

Woodside has contracted the VALARIS DPS-1 semisubmersible for the campaign.

Petrobras sells Papa-Terra field offshore Brazil to 3R Petroleum
13 Jul 20212 min read

Petrobras sells Papa-Terra field offshore Brazil to 3R Petroleum

The field is located in the Campos Basin and began operating in 2013.

NEO Energy completes acquisition of Zennor Petroleum
13 Jul 20212 min read

NEO Energy completes acquisition of Zennor Petroleum

The Zennor portfolio adds circa 40 million boe of reserves and more than 90 million boe of un-risked resource in the UK Continental Shelf to NEO.

Ampelmann launches electric version of gangway system
12 Jul 20213 min read

Ampelmann launches electric version of gangway system

The latest iteration of the A-type has seen its traditional hydraulic power train replaced by electric regenerative actuation, decreasing its energy use by more than 80%.

AGR wins well management contract offshore Australia
12 Jul 20212 min read

AGR wins well management contract offshore Australia

The contract with Western Gas covers well construction, drilling engineering, procurement, supply chain, regulatory compliance requirements and operational supervision of the well in WA-519-P.

TechnipFMC and Halliburton subsea fibre optic technology receives OTC award
9 Jul 20212 min read

TechnipFMC and Halliburton subsea fibre optic technology receives OTC award

The Odassea service integrates hardware and digital systems to strengthen capabilities in subsea reservoir monitoring and production optimisation, and has been selected by ExxonMobil for its Payara development project in Guyana.

Subsea 7 and Aker Solutions land Kobra East & Gekko contracts
9 Jul 20213 min read

Subsea 7 and Aker Solutions land Kobra East & Gekko contracts

The Kobra East & Gekko field, located in the Alvheim area of the North Sea, is operated by Aker BP.

Petrobras and SUEZ – Water Technologies & Solutions sign membrane supply contract for 15 FPSO platforms
9 Jul 20211 min read

Petrobras and SUEZ – Water Technologies & Solutions sign membrane supply contract for 15 FPSO platforms

SUEZ will provide membranes used in seawater sulfate removal on 15 FPSO platforms operated by Petrobras offshore Brazil.

Equinor extends Maersk Intrepid's work at Martin Linge field
9 Jul 20212 min read

Equinor extends Maersk Intrepid's work at Martin Linge field

The added well intervention scope has a firm duration of 31 days, which means that the Maersk Intrepid rig is now contracted until February 2022.

Santos awards McDermott EPCI contract for Bayu-Undan gas field
7 Jul 20211 min read

Santos awards McDermott EPCI contract for Bayu-Undan gas field

The Bayu-Undan field is one of Timor-Leste's largest gas fields.

Decommissioning costs in UK North Sea fall again
7 Jul 20213 min read

Decommissioning costs in UK North Sea fall again

The UK Oil and Gas Authority’s 2021 Decommissioning Cost Estimate has revealed steady progress towards a £39 billion by end-2022 target – but makes it clear that the industry must maintain the pace of cost-cutting.

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