Technology News

 

Halliburton Launches Shankless Matrix-Body Drill Bit to Cut Well Time

Jan 06, 2026

U.S. oilfield services provider Halliburton has introduced the HyperSteer MX directional drill bit, a shankless matrix-body bit designed to improve durability, enhance directional control, and reduce well construction time.The new bit delivers longer drilling runs…

ABS Grants Approval for Seatrium’s Next-Gen Offshore Substations

Jan 06, 2026

The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to Seatrium for its next-generation offshore substation (OSS) design.Seatrium’s design features 500 MW OSS modules, engineered for scalability and aligned with the highest international standards…

CIMC Picks TMC’s Compressors for Golar LNG’s MK II FLNG Unit

Jan 05, 2026

CIMC Raffles has awarded a contract to TMC Compressors to deliver a complete marine compressed air system for the MK II floating liquefied natural gas (FLNG) facility, currently under construction for Golar LNG.TMC’s scope includes instrument air compressors…

Petrobras FPSO Initiates Búzios 6 Production

Jan 02, 2026

The FPSO P-78 can produce up to 180,000 barrels per day and will increase the gas supply.Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the Búzios field, in the pre-salt layer of the Santos Basin…

Offshore Wind: Building the UK’s First Nearshore Artificial Nesting Structures

Jan 02, 2026

As offshore wind rises to meet ambitious climate goals, balancing the need for infrastructure with maintaining biodiversity has become a pressing challenge. One innovative, recent example is the installation of the UK’s first nearshore artificial nesting structures…

Tech Feature: Offshore Wind Turbines & Pushing Gear Oil Limits

Jan 02, 2026

As demand for wind energy intensifies, turbine reliability and efficiency are paramount. In this context, lubrication plays a vital - yet often underestimated - role. Over the years, lubrication technology has been an important problem-solver for the industry…

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

Jan 02, 2026

While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main Events of 2025One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s suspension of 36 jackups from April 2024…

Offshore Energy and Boosting the Energy Efficiency of Water Processes

Jan 02, 2026

Water injection and the transport of produced fluids are some of the main energy consumers in offshore production. Researchers at SINTEF point to the need for a balanced approach to optimizing energy efficiency.The handling of produced fluids…

Vestas Books First South Korean Offshore Wind Order

Dec 29, 2025

Vestas has received a 390 MW order for the Shinan-Ui offshore wind project in Jeollanam Province in South Korea.The project is developed by Shinan-Ui Offshore Wind, a consortium consisting of Hanwha Ocean, SK Eternix, KOMIPO (Korea Midland Power)…

Baker Hughes Secures Kuwait Oil Company Contract for Production Uplift

Dec 26, 2025

Baker Hughes has signed a multi-year contract with Kuwait Oil Company (KOC) to supply advanced artificial lift systems and related services aimed at boosting production across Kuwait’s oil and gas fields.Under the agreement, Baker Hughes will…

Mooreast, GMC Eye North Sea Offshore Wind and O&G Opportunities

Dec 23, 2025

Singapore-based Mooreast Holdings has signed a memorandum of understanding with Norway-based rigging and industrial services group GMC Holdings to explore offshore wind and oil and gas opportunities in Norway and the wider North Sea.Under the non-binding agreement…

Dräger to Supply Gas Detection, Monitoring Tech to North Sea Operator

Dec 16, 2025

Safety technology firm Dräger UK has won a six-figure contract with a major North Sea operator for the supply of advanced gas detection and monitoring solutions.Due to be rolled out across an offshore oil and gas asset next year, the deal marks…

NKT Expands Swedish Cable Accessories Plant Amid Rising Demand

Dec 16, 2025

NKT has completed the construction of a new test hall, the expansion of production capacity, and a new office building at its cable accessories factory in Sweden to support the high demand for high-voltage power cable accessories in Europe.The new facilities in Alingsas are now fully operational…

Kongsberg Maritime Grows UUC PM Azimuth Thruster Range

Dec 15, 2025

Kongsberg Maritime has announced the introduction of two new sizes to its Underwater Mountable, Permanent Magnet (UUC PM) azimuth thruster range, expanding its offering for propulsion solutions for demanding offshore and marine operations.The…

ABS Approves MISC and China Offshore’s Ammonia FPSO Design

Dec 15, 2025

MISC and China Offshore Engineering & Technology Company have received the Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for their design of an ammonia floating production storage and offloading (FPSO) vessel.This innovative…

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