Business Briefs

Courtesy Kongsberg Maritime
Kongsberg Maritime, Seadrill, and Hanwha to develop remote DP technology
The companies hope to create centralized processes that reduce cognitive load on rig crews and help improve decision making.
March 4, 2026
ID 420646900 © Nadzeya Haroshka | Dreamstime.com
CEO succession conceptualization
Courtesy Petronas' "PETRONAS Group Financial Results Announcement Year Ended 31 December 2025" presentation
Petronas offshore operations
ID 279208066 © Korn Vitthayanukarun | Dreamstime.com
AI computer software
ID 439690670 © Adam Radosavljevic | Dreamstime.com
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Courtesy Harbour Energy LinkedIn
Harbour Energy completes acquisition of LLOG Exploration
The $3.2-billion acquisition marks Harbour’s entry into the Gulf of Mexico.
Feb. 12, 2026
Courtesy Valaris Limited LinkedIn
VALARIS DS-12 drillship
The merger creates a 73‑rig global fleet and more than $200 million in projected cost synergies as the companies prepare for a multi‑year offshore upcycle.
Feb. 9, 2026
Courtesy BW Energy's "Fourth quarter and full year 2025" presentation
Maromba rig at yard in Dubai
Operator BW Energy is preparing fresh drilling and appraisal activity as it continues major offshore developments worldwide.
Feb. 5, 2026
Courtesy Shell LinkedIn
Shell Brasil operations
Shell agreed to sell a 20% stake in the Santos Basin presalt project to KUFPEC, enhancing collaboration between the companies while remaining the project's operator.
Feb. 4, 2026
Courtesy Tenaris
Tenaris to supply line pipe, other services for Sakarya gas project offshore Turkey
The contract calls for the delivery of 22,700 tons of seamless pipes for flowlines and 87,800 tons of welded pipes for a 180-km export pipeline.
Feb. 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
Photo 45185193 © Rawpixelimages | Dreamstime.com
Crowd of business professionals walking in similar direction
This update provides the latest in senior appointments, promotions, retirements, company news and more across the offshore oil and gas and offshore renewables sectors.
Oct. 3, 2025
ID 332093229 © Dzmitry Halavach | Dreamstime.com
offshore energy companies make leadership changes
New CEOs and leaders at Tullow Oil, Adura Energy, Panoro Energy and Meren Energy bring extensive experience in upstream oil and gas, LNG projects and offshore production.
Sept. 10, 2025
Photo 45185193 © Rawpixelimages | Dreamstime.com
People in business attire walking.
This update provides the latest in senior appointments, promotions, retirements, company news and more across the offshore oil and gas and offshore renewables sectors.
June 30, 2025
Courtesy Iberdrola
Pedro Azagra.
Pedro Azagra has been named the new CEO of the Iberdrola Group.
June 24, 2025
ID 122380659 © Kanpisut Chaichalor | Dreamstime.com
offshore drone inspection
Terra Inspectioneering CTO Steven Verver explains how remote ultrasonic testing, aerial inspection systems and continuous data streams are redefining risk, cost and compliance...
Feb. 18, 2026
Courtesy dechevm/AdobeStock 1415124766
Offshore vessel
Offshore operations are evolving from static forecasts to dynamic, real-time environmental intelligence, enabling better planning, vessel motion assessment, and risk management...
Feb. 13, 2026
Courtesy Cegal
Tenaz Energy's Dutch North Sea offshore asset
Cegal successfully executed a rapid IT and OT transition for Tenaz Energy, managing the migration of 1.6 PB of data and onboarding personnel to support the operator’s offshore...
Feb. 11, 2026
Courtesy ABB
Dogger Bank C substation at dock
ABB delivered a scope of work for the offshore and onshore substations for the Dogger Bank offshore wind project, enabling remote operation and reducing offshore personnel needs...
Feb. 10, 2026
ID 435164505 © Holger Iggena | Dreamstime.com
offshore wind operations
The proposed AquaDuctus pipeline offshore northern Germany could be connected to other green hydrogen production sites elsewhere in the North Sea.
Feb. 5, 2026
Courtesy Expro
Expro Solus valve
Expro's Solus has already been deployed for a new in-riser completions development in the Gulf of Mexico and installed in an open-water system for a North Sea P&A campaign.
Feb. 4, 2026