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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.

CGG launches reimaging projects in Côte d'Ivoire
14 May 20241 min read

CGG launches reimaging projects in Côte d'Ivoire

Both projects are supported by the industry, with Phase I commencing immediately and Phase II planned for H1 2025.

QatarEnergy to acquire two new exploration blocks offshore Egypt
14 May 20241 min read

QatarEnergy to acquire two new exploration blocks offshore Egypt

QatarEnergy has signed a farm-in agreement with ExxonMobil to acquire a 40% participating interest in two exploration blocks offshore Egypt.

Subsea Integration Alliance awarded contract offshore Türkiye
13 May 20242 min read

Subsea Integration Alliance awarded contract offshore Türkiye

The company has announced the award of a large contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye.

NSTA: North Sea operators are proposing a wealth of emissions reduction schemes
13 May 20244 min read

NSTA: North Sea operators are proposing a wealth of emissions reduction schemes

North Sea oil and gas operators could invest up to £3 billion in 14 major projects capable of cutting up to 32 million t of lifetime CO2e emissions from their production activities, according to the NSTA.

BW Energy: Hibiscus South pilot well confirms hydrocarbons
10 May 20241 min read

BW Energy: Hibiscus South pilot well confirms hydrocarbons

The Hibiscus South deposit has been confirmed to extend into the northern part of the field with good reservoir quality, increasing reserve estimates.

James Fisher Decommissioning completes project in the Gulf of Thailand
9 May 20241 min read

James Fisher Decommissioning completes project in the Gulf of Thailand

The offshore decommissioning project utilised real time cutting verification technology to remove 25 dormant gas platforms in support of the client’s wider asset end-of-life campaign.

Petrobras bets on a strong supply chain to put 14 platforms into production
9 May 20242 min read

Petrobras bets on a strong supply chain to put 14 platforms into production

Orders from Petrobras correspond to a third of the global demand for FPSOs. Of the total units planned until 2028, 10 are already contracted.

CGG signs MoU with Baker Hughes to jointly offer CCS solutions
8 May 20241 min read

CGG signs MoU with Baker Hughes to jointly offer CCS solutions

The collaboration and proposed commercial alliance intends to support the rapid increase of CCS projects underway by providing solutions to screen, select, characterise and monitor potential carbon storage sites worldwide.

DNO acquires portfolio of producing assets boosting position in Norne Area offshore Norway
8 May 20242 min read

DNO acquires portfolio of producing assets boosting position in Norne Area offshore Norway

DNO has announced that the Company’s wholly-owned subsidiary DNO Norge AS has entered into an agreement to acquire stakes in five oil and gas fields in the Norne area in the Norwegian Sea from Vår Energi ASA.

Azule Energy and Rhino Resources Namibia announce the execution of a farm-in agreement
8 May 20242 min read

Azule Energy and Rhino Resources Namibia announce the execution of a farm-in agreement

This agreement, once completion occurs, will grant Azule a 42.%% interest in Block 2914A located in the offshore Namibian Orange basin, the location of several major oil discoveries since 2022.

Seadrill announces two new drillship commitments
8 May 20241 min read

Seadrill announces two new drillship commitments

Seadrill announces two new drillship commitments

TGS secures new OBN data acquisition contract in North America
7 May 20241 min read

TGS secures new OBN data acquisition contract in North America

This six-month-plus contract, granted by a returning client, underscores TGS' commitment to delivering high quality seismic data solutions.

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