Business Briefs

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Simulation and VR training: Preparing offshore crews before it matters
Offshore energy operations demand precise training; high-fidelity simulators and virtual reality are transforming workforce preparation by providing realistic, risk-free environments...
April 9, 2026

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Courtesy NEO NEXT+
offshore Alwyn operations
The combination of UK E&P interests, formerly held by NEO, Repsol and TotalEnergies, should deliver production of more than 250,000 boe/d this year.
March 30, 2026
Courtesy New Fortress Energy
New Fortress Energy strikes debt restructuring deal
Under a UK court process, the LNG developer will spin off its Brazilian assets to creditors and slash corporate debt by over 90%.
March 25, 2026
Developed with Grok AI
TotalEnergies exits US offshore wind market
TotalEnergies says it will invest in American gas and power production, and LNG exports.
March 23, 2026
Courtesy Halvor Arne Asland/Equinor
Kvitebjørn platform in the North Sea
The planned transaction could hasten up to three tiebacks to the Kvitebjørn platform in the North Sea.
March 20, 2026
Courtesy SLB OneSubsea
SLB OneSubsea Secures EPC Contract for Deepwater Project Offshore Malaysia
The OneSubsea joint venture has also agreed to terms to acquire Envirex Group.
March 13, 2026
Courtesy Eco (Atlantic) Oil and Gas Ltd.
Map of PL001 and Sea Lion Development
PL001 is adjacent to the planned Sea Lion development project in the North Falkland Basin.
March 9, 2026
ID 51218569 © Rawpixelimages | Dreamstime.com
New CEOs across the offshore energy sector
CEO appointments at Woodside, CNOOC, Rex International, Seadrill, Subsea7 and JDR highlight succession momentum in offshore energy sector.
March 24, 2026
ID 81020440 | 3d © Kittipong Jirasukhanont | Dreamstime.com
Seadrill names new CEO
Samir Ali, Seadrill's former EVP and CCO, has been promoted to president and CEO, succeeding Simon Johnson.
March 13, 2026
ID 420646900 © Nadzeya Haroshka | Dreamstime.com
CEO succession conceptualization
Subsea7 revealed that CEO John Evans will retire on June 30, 2026, after a 40-year career with the company.
March 4, 2026
Photo 45185193 © Rawpixelimages | Dreamstime.com
New appointments and promotions
This compilation highlights the offshore energy industry's latest C-suite, executive management and board of director appointments as well as recent M&A deals and joint ventures...
Feb. 2, 2026
ID 65082609 © Jakub Jirsak | Dreamstime.com
New CEOs named in 2026
Leadership transitions reflect a strategic reshaping across the offshore energy sector.
Jan. 7, 2026
Courtesy bp
Meg O’Neill will serve as the next CEO of bp, effective April 1, 2026.
Murray Auchincloss has stepped down as CEO and director of the bp's board. As a result, Meg O’Neill has been selected as the next CEO, effective April 1, 2026.
Dec. 18, 2025
Courtesy Vallourec
Vallourec OCTG
Applications range from deepwater wells to bp’s carbon capture and storage development in Papua Barat.
March 27, 2026
Courtesy Saipem
Flatfish underwater inspection drone
Petrobras gave developer Saipem the go-ahead following successful tests in Italy.
March 27, 2026
Courtesy StormGeo
StormGeo weather map
StormGeo’s Alan Binley explains how AI‑driven weather intelligence is moving offshore operators beyond traditional forecasting to asset‑specific, decision‑ready insights that ...
March 27, 2026
Courtesy ExxonMobil Guyana
ExxonMobil Guyana offshore operations
The platform, which will operate under an integrated model drawing on SBM and ExxonMobil’s experience on other fields on the Stabroek Block, will produce and store condensate ...
March 26, 2026
Courtesy Kent LinkedIn
Prinos CO2 storage project in Northern Greece
Energean’s project will transport liquid CO2 received from various industrial sites for permanent storage in the Prinos aquifer in the eastern Mediterranean Sea.
March 19, 2026
Courtesy Oceaneering
Oceaneering Vision 3D data visualization software platform
Alan Curtis, SVP and retired CFO of Oceaneering International, explains how remote inspection and data-driven integrity management are influencing safety outcomes, capital planning...
March 19, 2026