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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.

Ardyne awarded P&A and fishing contracts in the North Sea for 175 wells
10 Apr 20202 min read

Ardyne awarded P&A and fishing contracts in the North Sea for 175 wells

The projects will commence in 2Q20 and 3Q20.

Paradigm Flow Services recognised for deluge wet testing on North Sea platform
9 Apr 20201 min read

Paradigm Flow Services recognised for deluge wet testing on North Sea platform

PFS was asked to carry out work to wet test nine deluge systems on Chrysaor's Britannia platform.

Rystad Energy: offshore drillers face contract cancellations worth up to US$3 billion
9 Apr 20203 min read

Rystad Energy: offshore drillers face contract cancellations worth up to US$3 billion

Of the 100 listed energy service companies analysed by Rystad Energy across the various service segments for this research, more than two-thirds are unlikely to be able to meet their interest payment obligations on time this year.

Upland Resources and Baron Oil relinquish interests in UK offshore licence
9 Apr 20203 min read

Upland Resources and Baron Oil relinquish interests in UK offshore licence

The work commitment on Licence P2470 consisted of a small volume of 3D seismic reprocessing.

Shell extends Petrojarl Knarr FPSO contract with Altera Infrastructure
9 Apr 20202 min read

Shell extends Petrojarl Knarr FPSO contract with Altera Infrastructure

The contract has been extended until at least March 2022.

10 exploration wells in Norwegian Continental Shelf expected to be postponed by Covid-19 and low oil price
9 Apr 20201 min read

10 exploration wells in Norwegian Continental Shelf expected to be postponed by Covid-19 and low oil price

In January 2020 there were plans for approximately 50 exploration wells, but this has been reduced to 40 by the effects of the Covid-19 pandemic and low oil prices.

Allseas awarded removal contract for Valhall topsides and jackets
9 Apr 20202 min read

Allseas awarded removal contract for Valhall topsides and jackets

Allseas’ heavy lift vessel Pioneering Spirit will execute the work for Aker BP at the Valhall oilfield between 2021 and 2026.

Risk of suspension looms for top planned exploration wells, says Rystad Energy
8 Apr 20202 min read

Risk of suspension looms for top planned exploration wells, says Rystad Energy

At least nine of the world’s top planned exploration wells for 2020 are at risk of being suspended as a result of the combined effect on oil and gas activities of the Covid-19 virus and the oil price war.

Nova module ready for transfer to Neptune Energy's Gjøa platform
8 Apr 20202 min read

Nova module ready for transfer to Neptune Energy's Gjøa platform

The module was lifted onto a barge at the Rosenberg Worley yard in Stavanger, Norway, and will be transferred to the world's largest crane vessel, Heerema’s Sleipnir, then installed on the Neptune-operated Gjøa platform.

CNOOC to cut 2020 investment by 10 – 15%
8 Apr 20201 min read

CNOOC to cut 2020 investment by 10 – 15%

The company said it would still maintain its goal of increasing domestic crude oil and natural gas production for the year.

KrisEnergy completes sale of Andaman II offshore block to BP
8 Apr 20201 min read

KrisEnergy completes sale of Andaman II offshore block to BP

The consideration for the disposal is US$15 million, subject to a retention sum of US$1.7 million.

Petrobras finds oil in Campos Basin
8 Apr 20201 min read

Petrobras finds oil in Campos Basin

The oil was discovered in the exploratory Natator well in the Sudoeste de Tartaruga Verde block.

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