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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.

Hurricane Francine: a fifth of the Gulf of Mexico's oil production still locked in
16 Sept 20242 min read

Hurricane Francine: a fifth of the Gulf of Mexico's oil production still locked in

The storm developed into a full-blown hurricane at the end of last week, with Francine being the sixth named weather event this year.

EIA: Hurricane Francine took energy infrastructure offline
16 Sept 20244 min read

EIA: Hurricane Francine took energy infrastructure offline

Hurricane Francine made landfall last Wednesday on the Louisiana coast, taking some energy infrastructure offline along the US Gulf Coast from Louisiana through Alabama.

AccuWeather: Hurricane Francine causes US$9 billion damage and economic loss
16 Sept 20245 min read

AccuWeather: Hurricane Francine causes US$9 billion damage and economic loss

AccuWeather’s?preliminary estimate?of the total?damage?and economic loss from Hurricane Francine in the USA is US$9 billion.

Vallourec enhances its line pipe coating solutions  with the acquisition of Thermotite do Brasil
16 Sept 20241 min read

Vallourec enhances its line pipe coating solutions with the acquisition of Thermotite do Brasil

Vallourec enters into a definitive agreement to acquire from Mattr 100% of the shares of its subsidiary Thermotite do Brasil Ltda.

Akselos launches Structural Performance Management for FPSOs
11 Sept 20242 min read

Akselos launches Structural Performance Management for FPSOs

SPM for FPSOs can reduce operational expenditure (OPEX) by up to 35% through optimised inspections and maintenance planning.

Transocean Ltd. announces US$232 million ultra-deepwater drillship contract
11 Sept 20241 min read

Transocean Ltd. announces US$232 million ultra-deepwater drillship contract

Transocean Ltd. has announced a 365 day contract for the Deepwater Atlas with bp in the US Gulf of Mexico.

McDermott completes offshore decommissioning project in Western Australia
11 Sept 20241 min read

McDermott completes offshore decommissioning project in Western Australia

McDermott has announced the safe and successful decommissioning of the Campbell platform and associated offshore infrastructure at the Varanus Island hub in Western Australia.

Denmark's first CO2 storage facility now ready to receive large amounts of CO2
10 Sept 20244 min read

Denmark's first CO2 storage facility now ready to receive large amounts of CO2

The 23 partners behind Project Greensand have now submitted the final report from the pilot project, which has aimed to develop, test and demonstrate safe and efficient storage of CO2 in the North Sea subsurface.

Shearwater awarded 4D seismic project for Ghana’s Jubilee Field
10 Sept 20241 min read

Shearwater awarded 4D seismic project for Ghana’s Jubilee Field

Shearwater Geoservices has announced the award of a 4D seismic monitoring contract for the Jubilee field in Ghana, operated by Tullow Ghana Ltd.

Oil and gas operators encouraged to adopt AI in light of rising costs
9 Sept 20242 min read

Oil and gas operators encouraged to adopt AI in light of rising costs

Element is urging those who look after the maintenance of plant and equipment on offshore platforms, within oil refineries, and in petroleum pipelines, to explore the potential of AI technology to help reduce downtime.

STRYDE awarded landmark seismic contracts in Mexico
9 Sept 20243 min read

STRYDE awarded landmark seismic contracts in Mexico

STRYDE has announced the signing of two significant contracts with Servicios Sísmicos de Exploración (SSE) and SeisGlobe Geoservices.

CNOOC brings on-stream Wushi 17-2 oilfields
6 Sept 20241 min read

CNOOC brings on-stream Wushi 17-2 oilfields

CNOOC and 80883 (RMB Counter) has announced that Wushi 17-2 Oilfields Development Project has commenced production.

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