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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.

ABB supports Well Done Foundation to tackle orphan oil and gas wells
25 Sept 20232 min read

ABB supports Well Done Foundation to tackle orphan oil and gas wells

The three-year financial partnership will support the organisation in carrying out their critical work of detecting, plugging and monitoring leaking wells.

Norwegian Petroleum Directorate (NPD) and the Petroleum Safety Authority (PSA) to undergo name change in 2024
25 Sept 20232 min read

Norwegian Petroleum Directorate (NPD) and the Petroleum Safety Authority (PSA) to undergo name change in 2024

The NPD's new name will be the Norwegian Offshore Directorate. The PSA's new name will be the Norwegian Ocean Industry Authority.

Trendsetter Engineering, Inc. announces two-year contract extension with operator in Brazil
22 Sept 20231 min read

Trendsetter Engineering, Inc. announces two-year contract extension with operator in Brazil

The company has announced a two-year contract extension with a major Operator in Brazil for the use of the 6 in., 15K Trident Intervention System to facilitate well interventions as well as plug and abandonment operations.

Arena Energy awarded seven blocks on Gulf of Mexico Shelf
20 Sept 20231 min read

Arena Energy awarded seven blocks on Gulf of Mexico Shelf

Arena Energy, LLC, has announced it was awarded seven leases by the Bureau of Ocean Energy Management (BOEM) in Lease Sale 259 .

Equinor shares Johan Castberg project update
19 Sept 20232 min read

Equinor shares Johan Castberg project update

The Johan Castberg partnership, consisting of Equinor, Vår Energi and Petoro, is updating the project cost estimate. The investment estimate has increased by almost NOK 13 billion since last year.

DNO make a discovery in the Norwegian North Sea
19 Sept 20232 min read

DNO make a discovery in the Norwegian North Sea

DNO has announced a gas condensate discovery on the Norma prospect in the Norwegian North Sea license PL984 in which the Company holds a 30 percent operated interest.

Akselos, Yinson and Enauta deploy digital twin technology for Atlanta FPSO
19 Sept 20231 min read

Akselos, Yinson and Enauta deploy digital twin technology for Atlanta FPSO

The companies have signed a multi-year contract to deploy Akselos' digital twin technology on the ABS-classed Atlanta FPSO in Brazil's Santos Basin.

Fulkrum win inspection contracts for FPSO projects
18 Sept 20232 min read

Fulkrum win inspection contracts for FPSO projects

The company has announced a series of key contract wins across the Asia Pacific (APAC) region.

Orcadian enter agreement to develop one of largest undeveloped discoveries in the central North Sea
18 Sept 20232 min read

Orcadian enter agreement to develop one of largest undeveloped discoveries in the central North Sea

Orcadian has entered into a non-binding Heads of Agreement (HoA) with a North Sea operator (the Operator), which details a potential farm-out of the Pilot development project.

Transocean has announced a US$486 million contract for deepwater aquila
14 Sept 20231 min read

Transocean has announced a US$486 million contract for deepwater aquila

Transocean has announced a three-year award for the newbuild ultra-deepwater drillship Deepwater Aquila with a national oil company for work offshore Brazil. The contract is expected to commence in the 3Q24 and represents approximately US$486 million in firm backlog.

Shenzi North project has commenced production in the Gulf of Mexico.
13 Sept 20232 min read

Shenzi North project has commenced production in the Gulf of Mexico.

The Woodside-operated Shenzi North project has commenced production in the deepwater US Gulf of Mexico, with achieved production ahead of targeted first oil in 2024.

Ithaca energy to acquire remaining 30% working interest in Cambo in the North Sea
13 Sept 20231 min read

Ithaca energy to acquire remaining 30% working interest in Cambo in the North Sea

Ithaca Energy has announced that the Group has agreed, subject to regulatory approval, to acquire the remaining 30% stake in Cambo from Shell U.K. Ltd (Shell) taking Ithaca Energy’s stake in Cambo to 100%.

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