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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.

Interior proposes region-wide oil and gas lease sale 253 for Gulf of Mexico
13 Mar 20193 min read

Interior proposes region-wide oil and gas lease sale 253 for Gulf of Mexico

In support of President Donald J. Trump’s America-First Offshore Energy Strategy, it has been announced that BOEM proposes to offer 78 million acres for a region-wide lease sale scheduled for August 2019.

Emerson and Repsol to form alliance on advanced, cloud-based exploration and development software
13 Mar 20192 min read

Emerson and Repsol to form alliance on advanced, cloud-based exploration and development software

Industry leaders collaborate to help energy producers execute digital transformation, achieve fastest first oil with leading subsurface technologies.

RDS wins new detailed design engineering contract
12 Mar 20191 min read

RDS wins new detailed design engineering contract

The contract has a duration of twelve months with future follow on support executed from RDS’s central London offices

Aker Solutions wins FEED contract for subsea compression system
12 Mar 20192 min read

Aker Solutions wins FEED contract for subsea compression system

The company has been awarded a master contract to support the delivery of a subsea compression system for the Chevron Australia-operated Jansz-Io field offshore Australia.

2H Offshore installs fast-track, conductor-supported platform offshore Malaysia
12 Mar 20192 min read

2H Offshore installs fast-track, conductor-supported platform offshore Malaysia

The company was responsible for the concept, detailed design, transportation and installation of the platform in 35 m water depth for the D28 oilfield Phase 1 project for OceanMight Sdn Bhd on behalf of PETRONAS Carigali Sdn Bhd.

TechnipFMC acquires dive support vessel for North Sea market
12 Mar 20191 min read

TechnipFMC acquires dive support vessel for North Sea market

The company signed a deal with VARD shipyard in Norway to purchase the vessel in late 2018. The vessel is currently undergoing an operational readiness programme and will begin work in the first half of 2019.

Qatar Petroleum signs agreement to enter new exploration block in Mozambique
11 Mar 20192 min read

Qatar Petroleum signs agreement to enter new exploration block in Mozambique

The company entered into an agreement with Eni to acquire a 25.5% participating interest in block A5A, located in the Angoche basin, offshore the Republic of Mozambique.

BP awards contracts to McDermott and BHGE for Greater Tortue Ahmeyim natural gas project
11 Mar 20193 min read

BP awards contracts to McDermott and BHGE for Greater Tortue Ahmeyim natural gas project

The companies have announced that they have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system (SPS) equipment contracts by BP for the Greater Tortue Ahmeyim natural gas project, located offshore Mauritania and Senegal.

Transocean Ltd. announces contract award for Ocean Rig Corcovado and Ocean Rig Mykonos
11 Mar 20191 min read

Transocean Ltd. announces contract award for Ocean Rig Corcovado and Ocean Rig Mykonos

The company has announced that Petrobras awarded two of the Company’s ultra-deepwater drillships, the Ocean Rig Corcovado and Ocean Rig Mykonos, with a 629-day contract and 550-day contract, respectively.

BW Offshore: acquisition of Maromba field, offshore Brazil
11 Mar 20192 min read

BW Offshore: acquisition of Maromba field, offshore Brazil

The company has entered into an agreement to acquire 70% of the Maromba field offshore Brazil for a total acquisition cost of US$90 million from Petrobras.

Colter well and side-track: completion of drilling operations
8 Mar 20192 min read

Colter well and side-track: completion of drilling operations

The Colter well (98/11a-6) was drilled as a vertical well with the Ensco-72 jack-up rig and reached a total depth of 1870 m MD in the Sherwood Sandstone.

PTTEP makes new gas discovery in Orchid-1, offshore Australia
8 Mar 20191 min read

PTTEP makes new gas discovery in Orchid-1, offshore Australia

The result is in line with PTTEP’s expectation and will be incorporated into development planning of Cash-Maple field which contains 3.5 trillion ft3 of resources.

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