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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.

Eni announces a new discovery offshore Mexico
9 Jul 20242 min read

Eni announces a new discovery offshore Mexico

Eni has announced a new discovery on the Yopaat-1 EXP exploration well in Block 9, approximately 63 km off the coast in the mid-deep water of the Cuenca Salina in the Sureste Basin, offshore Mexico.

Shell awards Wood major engineering contract for floating offshore gas facility
9 Jul 20241 min read

Shell awards Wood major engineering contract for floating offshore gas facility

Wood has secured a six-year contract to provide brownfield engineering, procurement, and construction management (EPCm) solutions for Shell’s Prelude floating liquified natural gas (FLNG) facility in Western Australia.

Deltic Energy announce formal award of UKCS Licence
8 Jul 20242 min read

Deltic Energy announce formal award of UKCS Licence

Deltic Energy has announced that it has accepted one of the two licences that were provisionally awarded by the North Sea Transition Authority in Tranche 3 of the UK's 33rd Offshore Licensing Round.

SLB OneSubsea awarded contract for TotalEnergies’ Kaminho deepwater project
4 Jul 20241 min read

SLB OneSubsea awarded contract for TotalEnergies’ Kaminho deepwater project

SLB has announced the award of a contract by TotalEnergies to its OneSubsea™ joint venture for a 13-well Subsea Production System scope, including associated equipment and services, in the development of the Kaminho project, offshore Angola.

Kosmos Energy announces first oil production at Winterfell in the U.S. Gulf of Mexico
4 Jul 20242 min read

Kosmos Energy announces first oil production at Winterfell in the U.S. Gulf of Mexico

Kosmos Energy has announced the successful start-up of oil production at the Winterfell development in the Green Canyon area of the U.S. Gulf of Mexico.

Celeros Flow Technology to supply Aker Solutions with water injection packages for North Sea electrification project
3 Jul 20241 min read

Celeros Flow Technology to supply Aker Solutions with water injection packages for North Sea electrification project

The company has successfully secured a contract to provide two new water injection packages, including the electric motors and variable frequency drives (VFDs), for the AKER/OKEA power from shore project off the coast of Norway.

Petronas appoints ABL in Indonesia
2 Jul 20241 min read

Petronas appoints ABL in Indonesia

The Indonesian branch of Malaysian national oil company Petronas has awarded energy and marine consultancy ABL a contract to provide rig inspection services to its assets operating offshore Indonesia.

CGX Energy and Frontera Energy file notice of potential commercial interest for Wei-1 Well, offshore Guyana
28 Jun 20241 min read

CGX Energy and Frontera Energy file notice of potential commercial interest for Wei-1 Well, offshore Guyana

CGX Energy and Frontera Energy, joint venture partners in the Petroleum Prospecting License for the Corentyne block offshore Guyana, today announced that the joint venture has submitted a notice of potential commercial interest for the Wei-1 discovery to the Government of Guyana, which preserves the joint venture’s interests in the License.

The Prax Group signs an agreement to acquire TotalEnergies’ upstream assets
28 Jun 20242 min read

The Prax Group signs an agreement to acquire TotalEnergies’ upstream assets

The Prax Group has announced the signing of an agreement to acquire TotalEnergies’ interests in the Greater Laggan Area fields and the onshore Shetland Gas Plant, as well as its interests in several nearby exploration licenses.

Transocean Announces US$188 million ultra-deepwater drillship contract extension
27 Jun 20241 min read

Transocean Announces US$188 million ultra-deepwater drillship contract extension

Transocean has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico.

Eni agreement to sell upstream assets in Alaska
27 Jun 20241 min read

Eni agreement to sell upstream assets in Alaska

Eni has signed a binding agreement with Hilcorp, one of the largest US private company with extensive experience operating in Alaska, for the sale of 100% of the Nikaitchuq and Oooguruk assets owned by Eni in Alaska.

Commercial oil and gas discovery in the Gjøa area in the North Sea
27 Jun 20242 min read

Commercial oil and gas discovery in the Gjøa area in the North Sea

The Vår Energi operated Cerisa exploration well in production license PL 636 was successful with estimated gross recoverable resources of between 18 – 39 million boe.

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