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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.

Expro secures contract with Woodside Energy for Trion deepwater project
14 Jul 20252 min read

Expro secures contract with Woodside Energy for Trion deepwater project

Expro to deliver advanced tubular running and cementing services for Woodside’s first ultra-deepwater development offshore Mexico.

McDermott awarded offshore contract by Brazil's BRAVA Energia
11 Jul 20251 min read

McDermott awarded offshore contract by Brazil's BRAVA Energia

Under the contract scope, McDermott will execute the transportation and installation of flexible pipelines, umbilicals and associated subsea equipment for two new wells at the Papa-Terra field and two new wells for the Atlanta Phase 2 development.

Vår Energi enters into collaboration agreement with TechnipFMC
11 Jul 20252 min read

Vår Energi enters into collaboration agreement with TechnipFMC

The agreement pertains to future subsea developments in the Gjøa area in the North Sea.

Subsea7 awarded contract offshore Egypt
9 Jul 20251 min read

Subsea7 awarded contract offshore Egypt

Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures.

JDR to support Larsen and Toubro with offshore umbilical testing in the Middle East
8 Jul 20252 min read

JDR to support Larsen and Toubro with offshore umbilical testing in the Middle East

JDR Cable Systems (JDR), the global subsea cable supplier and service provider, part of the TFKable Group, has been awarded a significant service contract by Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, high-tech manufacturing and services.

Draeger Marine & Offshore supports UK’s first offshore CO2 injection
7 Jul 20253 min read

Draeger Marine & Offshore supports UK’s first offshore CO2 injection

Gas monitoring equipment used to ensure safe operations aboard Petrodec’s ERDA rig during trailblazing project in the Southern North Sea.

Valaris announces multi-year contract awards for drillships
7 Jul 20251 min read

Valaris announces multi-year contract awards for drillships

Valaris has been awarded the contracts with Anadarko Petroleum Corp.

Kongsberg Maritime selected by Samsung Heavy Industries for 9-ship Shuttle Tanker project for Tsakos Group
4 Jul 20252 min read

Kongsberg Maritime selected by Samsung Heavy Industries for 9-ship Shuttle Tanker project for Tsakos Group

The vessels are being constructed for Greek shipowner Tsakos Group and will be a bare-boat charter by Brazilian energy logistics company Transpetro, supporting offshore operations in Brazil’s pre-salt oil fields.

Shelf Drilling awarded three year contract in India with ONGC
4 Jul 20251 min read

Shelf Drilling awarded three year contract in India with ONGC

Shelf Drilling, Ltd has announced that it has received a three-year contract award for the J.T. Angel jack-up rig with Oil and Natural Gas Corp. (ONGC) for operations in the Mumbai High, offshore India.

Innovex completes divestment of subsea tree product line
3 Jul 20251 min read

Innovex completes divestment of subsea tree product line

Innovex will retain intellectual property rights for the recently installed subsea tree orientation systems (VXTe) with the intent of licensing this technology to subsea tree manufacturers.

EnerMech secures contract for Dana Petroleum’s Triton FPSO
3 Jul 20252 min read

EnerMech secures contract for Dana Petroleum’s Triton FPSO

EnerMech has been awarded a three-year fixed term contract with a further two by two-year extension option periods by Dana Petroleum.

Velesto secures PTTEP drilling contract for NAGA 5 in 2025-26 campaign
1 Jul 20251 min read

Velesto secures PTTEP drilling contract for NAGA 5 in 2025-26 campaign

Under the contract, Velesto will assign NAGA 5, one of its premium jack-up rigs, to drill a firm 15 wells with operations scheduled to commence in June 2025.

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