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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 news

Offshore news

Browse the latest offshore news news and articles.

SOFEC completes turret mooring system installation for CNOOC
16 Jun 20202 min read

SOFEC completes turret mooring system installation for CNOOC

The disconnectable turret was integrated into an FSO in Shenzhen, China, and was successfully connected to the existing Lufeng 13-2 Field Moorings in the South China Sea.

Motive Offshore and Orca Offshore Azerbaijan sign MoU
16 Jun 20201 min read

Motive Offshore and Orca Offshore Azerbaijan sign MoU

The two-year agreement will be focussed in Azerbaijan, and is an exclusive agreement between the two companies.

Neodrill and Baker Hughes perform world's first cut and recover operation
15 Jun 20202 min read

Neodrill and Baker Hughes perform world's first cut and recover operation

The cut and recover operation was carried out for Wintershall Dea Norge.

Var Energi extending life of Balder area in North Sea
15 Jun 20201 min read

Var Energi extending life of Balder area in North Sea

The Balder Future project is aiming to extend the life of the area to 2045.

Saudi Aramco suspends operations for Shelf jack-up rig
15 Jun 20201 min read

Saudi Aramco suspends operations for Shelf jack-up rig

The suspension will last for up to 12 months.

Shell awards FPSO decommissioning contract to AF Gruppen
12 Jun 20201 min read

Shell awards FPSO decommissioning contract to AF Gruppen

The Curlew FPSO operated in the North Sea.

Bahamas Petroleum and Columbus Energy Resources set to merge
12 Jun 20204 min read

Bahamas Petroleum and Columbus Energy Resources set to merge

The two companies have reached agreement on the terms of a recommended all-share merger, which would see Bahamas Petroleum acquire Columbus for approximately £25 million.

Neptune Energy awarded drilling permit in Norway offshore licence
12 Jun 20201 min read

Neptune Energy awarded drilling permit in Norway offshore licence

Wells 34/4-15 S and 34/4-15 A in production licence 882 will be drilled from the Deepsea Yantai drilling facility.

Gabon increases 3D seismic access to offshore blocks on offer
12 Jun 20202 min read

Gabon increases 3D seismic access to offshore blocks on offer

Gabon’s Directorate General of Hydrocarbons and PGS have expanded the Gabon MegaSurvey coverage, significantly increasing access to 3D seismic over the 35 blocks on offer as part of the country's offshore licensing round.

TEMS International awarded Gulf of Mexico drilling support contracts
12 Jun 20202 min read

TEMS International awarded Gulf of Mexico drilling support contracts

The company will provide its continuous environmental compliance and drilling performance management services on both projects.

Global upstream investments set for 15-year low, predicts Rystad Energy
12 Jun 20204 min read

Global upstream investments set for 15-year low, predicts Rystad Energy

Global spending is forecasted to reach US$383 billion this year, the lowest level in 15 years and a 29% decrease of US$156 billion compared to 2019.

Shell starts sale of sale of stakes in Norwegian assets: document
12 Jun 20201 min read

Shell starts sale of sale of stakes in Norwegian assets: document

The company is selling its 6.45% interest in the Kvitebjorn field and pipeline and its 3.225% interest in the Valemon Unit and Valemon Rich Gas Pipeline, according to a document seen by Reuters.

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