So, I managed to get the paper from the author. Parking it here if anyone is interested in reading it.
Seems like a pretty simple process, and not one I believe would be limited to softer woods. It does seem like it would be most effective on softer woods with large amounts of lignin though. I doubt you could expect to see a 20 fold increase in the strength of lignum vitae or navy’s will start using it for armor plating instead of just bearing surfaces

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With the water resistance from the oil soak + increased strength, it seems like it may be an (albeit impractical, 20 MPA isn’t something to sneeze at) alternative to stabilizing soft woods. The pressure required probably wouldn’t let it work on burls or spalted woods due to their already mechanically disadvantaged nature.
As far as picnic equipment, it seems that hardening wood —> machining —> oil finish would increase your machining costs a bit by purposefully working with the material in its hardened state. I wonder if you could create a hot isostatic press of sorts using mineral oil, to let you machine —> Harden/oil finish, and let you combine a few processes while machining the material in its easiest form.