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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.

PGS contract award in Mediterranean
8 Nov 20231 min read

PGS contract award in Mediterranean

PGS is awarded a 3D exploration contract in the Mediterranean. The Ramform Titan is scheduled to mobilise for the survey in December and the contract has a total duration of approximately 160 days.

Lime Petroleum to acquire 4 million boe net contingent resources in Brasse Field
8 Nov 20232 min read

Lime Petroleum to acquire 4 million boe net contingent resources in Brasse Field

Lime Petroleum AS has entered into sale and purchase agreements with DNO Norge AS (‘DNO’) and OKEA ASA (‘OKEA’), to acquire 10.7212% and 6.2788% interests respectively in PL740 in the Norwegian North Sea, in which the Brasse Field is expected to start commercial production in 2027.

NSTA shares letter to licensees outlining expectations for well decommissioning
7 Nov 20231 min read

NSTA shares letter to licensees outlining expectations for well decommissioning

On 01 November 2023, Pauline Innes, Director of Supply Chain and Decommissioning at the NSTA, wrote to licensees reminding them of their obligation to decommission wells in a timely manner.

Panoro Energy announces significant oil discovery offshore Gabon
7 Nov 20232 min read

Panoro Energy announces significant oil discovery offshore Gabon

Panoro Energy ASA has announced that the Hibiscus south well (DHBSM-1) has made a commercial oil discovery on the Dussafu Marin Permit offshore Gabon (Panoro Energy 17.5% working interest).

Gas discovery by Gina Krog in the North Sea
6 Nov 20232 min read

Gas discovery by Gina Krog in the North Sea

Equinor has made a gas discovery by the Gina Krog field in the North Sea. The discovery is small, but gas production can start as early as 2023.

Neptune Energy has welcomed the successful start-up of the Seagull field in the UK North Sea
6 Nov 20231 min read

Neptune Energy has welcomed the successful start-up of the Seagull field in the UK North Sea

The Seagull project was developed by Neptune in partnership with BP and JAPEX and is tied back to the BP-operated central processing facility of the eastern tough area project in the Central North Sea.

API urges Biden administration to remove barriers to offshore production
3 Nov 20232 min read

API urges Biden administration to remove barriers to offshore production

The American Petroleum Institute has called on the Biden administration to help meet growing energy demand by allowing for consistent and predictable access to America’s vast energy resources offshore.

PETRONAS makes oil discovery in Suriname's offshore block 52
3 Nov 20232 min read

PETRONAS makes oil discovery in Suriname's offshore block 52

PETRONAS’ subsidiary, PETRONAS Suriname E&P B.V. (PETRONAS Suriname E&P), has made an oil discovery at the Roystonea-1 exploration well in Suriname’s Block 52.

TGS is awarded four-year extension to reservoir monitoring and source acquisition contract in Norway
2 Nov 20231 min read

TGS is awarded four-year extension to reservoir monitoring and source acquisition contract in Norway

The company’s reservoir monitoring and source acquisition services utilise technology to gather critical data on subsurface reservoirs.

Government approves new offshore model production sharing contract in Bangladesh
1 Nov 20231 min read

Government approves new offshore model production sharing contract in Bangladesh

TGS has announced the recent approval by the Bangladesh Government of the new offshore model production sharing contract 2023 (PSC).

Subsea7 awarded major contract offshore Brazil
1 Nov 20231 min read

Subsea7 awarded major contract offshore Brazil

Subsea7 has confirmed the award of a major contract amendment by Petrobras for the development of the Mero 4 field located approximately 200 km off the coast of the state of Rio de Janeiro, Brazil.

Serica Energy looking at redevelopment of Kyle offshore field
31 Oct 20232 min read

Serica Energy looking at redevelopment of Kyle offshore field

Serica Energy has announced the award of a 100% interest in UK block 29/2a to its wholly owned subsidiary Tailwind Energy Chinook Limited in the UKCS 33rd offshore licensing round. The award is subject to the execution of licence documentation.

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