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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.

PETRONAS production sharing contract set to expire
28 Jul 20171 min read

PETRONAS production sharing contract set to expire

Once a production sharing contract for blocks 01 and 02 of the Cuu Long Basin expire, PC Vietnam Limited will hand the blocks over to the host authority.

Norwegian Petroleum Directorate grants drilling permit to Aker BP
28 Jul 20171 min read

Norwegian Petroleum Directorate grants drilling permit to Aker BP

The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for well 25/4-11, a wildcat well in production licence 677.

Faroe: Acquisition of a further Interest in UK producing Blane Field
28 Jul 20173 min read

Faroe: Acquisition of a further Interest in UK producing Blane Field

Faroe Petroleum has announced the conditional acquisition of a further 13.9935% interest in the Blane Field in the UK North Sea from JX Nippon Exploration and Production (UK) Limited for a total consideration of US$5.25 million.

Saipem awarded offshore contract variations worth US$900 million for Zohr field
28 Jul 20172 min read

Saipem awarded offshore contract variations worth US$900 million for Zohr field

Saipem and Petrobel have finalised offshore contract variations worth US$900 million for EPCI activities in relation to the 'Optimised Ramp Up' phase of the 'supergiant' Zohr Field Development Project situated in the Mediterranean Sea off the Egyptian coast.

Statoil: Byrding on stream
28 Jul 20171 min read

Statoil: Byrding on stream

Statoil and its partners have started production on the Byrding field as planned. Recoverable volumes in Byrding are estimated at a good 11 million boe.

API receives support for offshore energy development
27 Jul 20171 min read

API receives support for offshore energy development

API has welcomed a letter in support of the safe and environmentally responsible development of the US’ offshore energy resources.

ABIS inks Gran Canaria agency contract
27 Jul 20172 min read

ABIS inks Gran Canaria agency contract

ABIS Holdings Energy Services Ltd has signed an agreement to support the development of a port on the Spanish island of Gran Canaria.

Eco Atlantic and Tullow Oil commence 2550 km2 3D seismic survey offshore Guyana
27 Jul 20172 min read

Eco Atlantic and Tullow Oil commence 2550 km2 3D seismic survey offshore Guyana

The survey is being conducted by Schlumberger Guyana Inc. using R/V GECO Eagle and two supporting vessels, and is expected to be completed within 50 days following which the results will be interpreted before an announcement is published.

ION imaging supported Talos' historic Zama-1 Mexico discovery
27 Jul 20172 min read

ION imaging supported Talos' historic Zama-1 Mexico discovery

ION Geophysical Corporation has announced that its imaging services supported the historic Zama-1 discovery offshore Mexico made by Talos Energy, LLC (Talos) and their partners.

Exxon Mobil discovers oil in Payara reservoir
26 Jul 20171 min read

Exxon Mobil discovers oil in Payara reservoir

Exxon Mobil Corporation has discovered additional oil in the Payara reservoir offshore Guyana.

FlyLogix drone inspects DP3 platform
25 Jul 20172 min read

FlyLogix drone inspects DP3 platform

FlyLogix has successfully conducted its longest civilian beyond line of sight drone flight inspection of the DP3 unmanned platform.

W&T Offshore contracts jackup rig for drilling
25 Jul 20171 min read

W&T Offshore contracts jackup rig for drilling

W&T Offshore has contracted the Enterprise Offshore 264 jackup rig for drilling he ST 224 prospect.

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