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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.

Bumi Armada sells FPSO to Century Energy Services for US$40 million
9 Sept 20191 min read

Bumi Armada sells FPSO to Century Energy Services for US$40 million

The Armada Perdana FPSO has been out of contract in Nigeria since its previous charterer, Erin Petroleum Nigeria Ltd, along with its parent company Erin Energy Corp., filed for bankruptcy in April 2018.

Shearwater GeoServices to provide survey services for Türkiye Petrolleri Anonim Ortakligi
9 Sept 20191 min read

Shearwater GeoServices to provide survey services for Türkiye Petrolleri Anonim Ortakligi

The 4-month survey will start in 3Q19 and will be conducted by the Polar Express immediately after its completion of a full North Sea summer season.

Dolphin Drilling chooses Aberdeeen for international headquarters
9 Sept 20192 min read

Dolphin Drilling chooses Aberdeeen for international headquarters

The move follows recent investment in the company from a US-based private equity firm.

Drill stem test on Lincoln Crestal produces oil
9 Sept 20191 min read

Drill stem test on Lincoln Crestal produces oil

The well, offshore the Shetland Islands, UK, was shut-in yesterday to enable a planned pressure build-up test.

European companies seek cooperation on carbon capture and storage
9 Sept 20192 min read

European companies seek cooperation on carbon capture and storage

Equinor, Shell, Total and several other companies are studying the possibilities for developing CO2 storage on the Norwegian continental shelf (NCS).

Ultrasound technology project aims to tackle scale formation in downhole production
9 Sept 20192 min read

Ultrasound technology project aims to tackle scale formation in downhole production

The Oil and Gas Authority estimates that approximately 180 wells in the North Sea have issues with scale formation, which cost the industry approximately £106 million in 2017 alone.

Paradigm Group celebrates 10 year anniversary at Offshore Europe
6 Sept 20192 min read

Paradigm Group celebrates 10 year anniversary at Offshore Europe

The Group has been celebrating and showcasing some of its key products this week both at the exhibition and at their base in Inverurie, Aberdeen.

Schlumberger and TGS announce Red Sea 3D seismic reimaging project
6 Sept 20192 min read

Schlumberger and TGS announce Red Sea 3D seismic reimaging project

The project will comprise reimaging data from three overlapping seismic surveys totalling 3600 km2 that were acquired between 1999 and 2008.

Cooper Energy makes gas discovery in Otway Basin
6 Sept 20193 min read

Cooper Energy makes gas discovery in Otway Basin

The Annie gas discovery is the first by an offshore well in the Otway Basin, offshore Victoria, Australia, in 11 years.

Subsea 7 awarded offshore contracts by Saudi Aramco
6 Sept 20191 min read

Subsea 7 awarded offshore contracts by Saudi Aramco

The consortium’s workscope consists of engineering, procurement, construction and installation for a total of 28 jackets.

SBM Offshore and ExxonMobil sign FPSO supply agreement
6 Sept 20191 min read

SBM Offshore and ExxonMobil sign FPSO supply agreement

The agreement is non-exclusive and establishes the general legal framework and specific terms in relation to the engineering, procurement, construction and installation work regarding potential future contracts relating to leased FPSOs.

Johan Sverdrup production poised to begin in October
6 Sept 20192 min read

Johan Sverdrup production poised to begin in October

After reaching plateau for the first phase of the Johan Sverdrup development, expected during the summer of 2020, Equinor expects operating costs below US$2 per barrel.

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