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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.

ION expands West African 2D data library with new acquisition offshore Gabon
23 Jun 20171 min read

ION expands West African 2D data library with new acquisition offshore Gabon

ION Geophysical Corporation has announced a new 2D multi-client programme offshore Gabon, EquatorSPAN™ II, in cooperation with the Gabon Ministry of Petroleum and Hydrocarbons, Direction Général des Hydrocarbures of Gabon (DGH).

Bumi Armada suspends operations on FPSO Armada Perdana
22 Jun 20171 min read

Bumi Armada suspends operations on FPSO Armada Perdana

The suspension of operations is due to longstanding delays in the bare-boat charter payments due to Bumi Armada, as well as irregular payments on the operations and maintenance contract.

SBM Offshore awarded turnkey and lease and operate contracts for the ExxonMobil Liza FPSO
22 Jun 20171 min read

SBM Offshore awarded turnkey and lease and operate contracts for the ExxonMobil Liza FPSO

Under these contracts, SBM Offshore will construct, install, lease and operate a floating production, storage and offloading vessel (FPSO).

John Crane Asset Management Solutions inks maintenance contract
21 Jun 20172 min read

John Crane Asset Management Solutions inks maintenance contract

John Crane Asset Management Solutions has secured a three year contract to provide condition-based maintenance services in the North Sea.

DNV GL’s global network of verification experts to support major new contract with Maersk Oil
21 Jun 20172 min read

DNV GL’s global network of verification experts to support major new contract with Maersk Oil

DNV GL has won a major contract to provide independent verification services for the Maersk Oil redevelopment of the Tyra Field, offshore Denmark.

Claxton wins casing cutting and recovery contract
19 Jun 20172 min read

Claxton wins casing cutting and recovery contract

A southern North Sea operator has awarded Claxton a combined services contract to riglessly casing cut and recover a total of seven wells.

Aquaterra awarded abandonment contract
19 Jun 20172 min read

Aquaterra awarded abandonment contract

Aquaterra Energy has been awarded a contract to supply subsea high pressure riser equipment and services for a subsea abandonment project in the central North Sea.

Statoil has received consent to drill an exploration well in the Barents Sea.
16 Jun 20171 min read

Statoil has received consent to drill an exploration well in the Barents Sea.

Well 7325/4-1 is in the Hoop area in the Barents Sea, around 275 km from Nordkapp and 200 km from Bjørnøya (Bear Island).

BP and Reliance Industries to progress and expand partnership
16 Jun 20174 min read

BP and Reliance Industries to progress and expand partnership

Reliance Industries Limited (RIL) and BP have announced that they are moving forward to develop already-discovered deepwater gas fields, bringing new gas production for India.

JX Nippon: first gas from Layang Field of Block SK10 offshore Sarawak, Malaysia
16 Jun 20171 min read

JX Nippon: first gas from Layang Field of Block SK10 offshore Sarawak, Malaysia

the Layang Field is located approximately 7 km east of the producing Helang Gas Field in Block SK10.

Sparrows Group and INNOVO complete first electric reel drive system contract
15 Jun 20172 min read

Sparrows Group and INNOVO complete first electric reel drive system contract

Sparrows Group and INNOVO have deployed a new electric drive 700 Te multi-reel drive system for the first time. Sparrows was hired by a global energy services provider to deliver the system and personnel for an umbilical laying operation off the coast of Trinidad.

PGS extends OvationData service contract
15 Jun 20171 min read

PGS extends OvationData service contract

OvationData Limited has announced the extension of its current trace management service agreement with PGS to 2023.

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