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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.

Beach Energy finds gas in Otway Basin
24 Mar 20212 min read

Beach Energy finds gas in Otway Basin

The well in licence VIC/P43 intersected a gross gas column of 69.5 m in the Upper Waarre Formation, including 62.9 m of net gas pay, with a gaswater contact intersected at 1990 m measured depth.

Tranter supplies plate heat exchangers to offshore production facilities in Latin America
24 Mar 20212 min read

Tranter supplies plate heat exchangers to offshore production facilities in Latin America

Tranter’s project scope covers design, engineering, supply, and maintenance of several plate heat exchangers that will be installed on the topside facilities of FPSO units, where they will be used for various heating and cooling duties.

Neptune Energy awards Borr Drilling US$21.4 million contract for Dutch, UK campaigns
24 Mar 20212 min read

Neptune Energy awards Borr Drilling US$21.4 million contract for Dutch, UK campaigns

The contract covers consolidation of development, exploration and P&A activities in the Dutch and UK sectors of the North Sea.

Up to 120 million bbl discovered near Fram field in North Sea
24 Mar 20213 min read

Up to 120 million bbl discovered near Fram field in North Sea

Preliminary estimates place the size of the discovery between 12 and 19 million m3 of recoverable oil equivalent, corresponding to 75-120 million bbl of recoverable oil equivalent.

Subsea UK's South-East Asia event to return
23 Mar 20212 min read

Subsea UK's South-East Asia event to return

Subsea UK has announced that its Subsea Asia event will return this November, in Kuala Lumpur, Malaysia.

AusGroup subsidiary given maintenance master contract by Chevron Australia
23 Mar 20212 min read

AusGroup subsidiary given maintenance master contract by Chevron Australia

The 10-year master contract enables Chevron Australia to order full-service asset maintenance from AGC, a subsidiary of AusGroup, across Chevron’s onshore and offshore natural gas and oil production facilities located in the north-west of Australia.

Doris awarded Trion SURF FEED contract by BHP Petroleum
23 Mar 20211 min read

Doris awarded Trion SURF FEED contract by BHP Petroleum

The contract will continue Doris’ relationship with BHP after the successfully completed pre-FEED scope.

ADM Energy invests in Barracuda oilfield offshore Nigeria
23 Mar 20214 min read

ADM Energy invests in Barracuda oilfield offshore Nigeria

The investment will be made by way of an acquisition of a 51% interest in K.O.N.H. UK Limited, which holds an indirect interest in a Risk Sharing Agreement for the field.

AGR to assist Centre of Decommissioning Australia with reducing well decommissioning costs
23 Mar 20212 min read

AGR to assist Centre of Decommissioning Australia with reducing well decommissioning costs

The Centre of Decommissioning Australia reports that there is over AUS$50 billion of decommissioning work in Australia over the next 50 years, over half of which will commence within the next 10 years.

Four subsea tree systems installed at Duva development
22 Mar 20213 min read

Four subsea tree systems installed at Duva development

Neptune Energy has announced the safe and successful installation of four Enhanced Horizontal Subsea Tree Systems for the Duva development project in the Norwegian sector of the North Sea.

Baker Hughes launches flexible pipe solution to overcome challenges of pre-salt subsea developments
22 Mar 20213 min read

Baker Hughes launches flexible pipe solution to overcome challenges of pre-salt subsea developments

The solution is designed to overcome flexible pipe stress corrosion cracking tendencies in high CO2 content fields, such as those found in Brazil’s pre-salt offshore developments.

Siemens Energy to supply topside modules and support for FPSO vessel operating offshore South America
22 Mar 20212 min read

Siemens Energy to supply topside modules and support for FPSO vessel operating offshore South America

The topside modules will be designed and manufactured for MISC Berhad across Asia, with main engineering and execution activities done through Singapore.

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