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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 and BP create independent JV in Angola
14 Mar 20223 min read

Eni and BP create independent JV in Angola

Azule Energy will be independently managed, with more than 200 000 boe/d of net oil and gas production and 2 billion boe of net resources.

IOG signs gas sales agreement with BP
11 Mar 20222 min read

IOG signs gas sales agreement with BP

The agreement covers IOG's equity gas from all of the Saturn Banks Phase 1 fields in the North Sea.

OKEA awards Aker Solutions contract extension
11 Mar 20222 min read

OKEA awards Aker Solutions contract extension

The extension to an existing maintenance and modifications frame agreement covers work on all installations offshore Norway operated by OKEA.

CGX and Frontera announce loan agreement to finance drilling offshore Guyana
11 Mar 20221 min read

CGX and Frontera announce loan agreement to finance drilling offshore Guyana

The loan will enable CGX to continue to finance part of its share of costs related to the Corentyne Block, the Berbice Deepwater Port, and other budgeted costs as agreed to with Frontera.

Eco Atlantic Oil & Gas completes Azinam acquisition
11 Mar 20221 min read

Eco Atlantic Oil & Gas completes Azinam acquisition

With the acquisition of Azinam, Eco Atlantic nows owns and operates a number of licences in Guyana, Namibia and South Africa.

Equinor drills dry well near Snorre field
11 Mar 20222 min read

Equinor drills dry well near Snorre field

Wildcat well 34/4-18 S, drilled about 7 km north-west of the Snorre field in the North Sea, was found to be dry with no trace of hydrocarbons.

McDermott completes subsea work at Bayu-Undan gas field
10 Mar 20222 min read

McDermott completes subsea work at Bayu-Undan gas field

McDermott's scope involved a tieback of a single in-field well to existing facilities, re-using existing flexible flowline, with a new umbilical and certain infrastructure.

AGR engaged by Emperor Energy to progress permitting of Judith-2 well offshore Australia
10 Mar 20222 min read

AGR engaged by Emperor Energy to progress permitting of Judith-2 well offshore Australia

AGR will progress the preparation and submission of necessary applications to the Australian National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA).

Fraser Group companies to provide well and pipeline operator services for Bardolino field
9 Mar 20222 min read

Fraser Group companies to provide well and pipeline operator services for Bardolino field

The contract with Bridge Petroleum adds to Fraser Well Management’s expanding well operator portfolio and is Fraser Integrity Management's debut pipeline operatorship appointment.

Pandion Energy acquires ONE-Dyas's Norway operations
9 Mar 20222 min read

Pandion Energy acquires ONE-Dyas's Norway operations

The transaction includes a 10% share of the Nova field and a total of 11 exploration licences.

Hitachi Energy selected as technology partner for NOAKA power-from-shore project
9 Mar 20223 min read

Hitachi Energy selected as technology partner for NOAKA power-from-shore project

Hitachi Energy will perform detailed FEED studies for a power quality solution that will enable the Aker BP-operated NOA Fulla field and the Equinor-operated Krafla field in the North Sea to be powered from the mainland.

Kveikje exploration well spudded
9 Mar 20222 min read

Kveikje exploration well spudded

Kveikje, which lies in an area north of the Troll field in the Norwegian North Sea, is estimated to contain gross mean prospective resources of 36 million boe with further potential upside estimated at 79 million boe on a gross basis.

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