Business Briefs

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Data briefs for Offshore magazine
At-a-glance statistics provide an analysis of the offshore energy industry.
Sept. 25, 2026

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CoreMarine's acquisition of BravOcean expands its in-country capabilities for offshore and subsea project support in Brazil.
Sept. 17, 2026
Borr Drilling and Saipem have completed separate divestment transactions in Mexico and Saudi Arabia, respectively, while preserving access to key jackup assets under existing ...
Sept. 15, 2026
The combined company would unite deepwater drilling, marine geophysical and offshore service operations under a single publicly listed entity, with a contracted revenue backlog...
Sept. 15, 2026
Jan-Schneckenhaus/1141549497/Stock Editorial/Getty Images Plus
New Fortress Energy sells former Seadrill semisubs for scrap
The scrap sales coincide with a broader retreat from LNG expansion as NFE works through a major balance-sheet overhaul.
Sept. 10, 2026
The European Commission has stopped a ‘regulatory clock’ while it awaits additional information from the parties.
Sept. 7, 2026
Aize has acquired French AI specialist Samp, combining digital twin and reality-capture technologies to help operators manage asset information across brownfield and greenfield...
Sept. 4, 2026
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New CEO named at Viridien
Viridien has promoted COO Henning Berg to CEO, with former CEO Sophie Zurquiyah becoming chair.
June 4, 2026
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three offshore workers
The offshore energy sector faces workforce challenges including reduced mobility post-pandemic, an aging workforce with tribal knowledge at risk, and the impact of AI reshaping...
April 1, 2026
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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
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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
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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
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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
Courtesy MODEC
FPSO Carioca MV30
Vallourec will supply more than 15,000 t of line pipe for Petrobras' Sepia 2 development offshore Brazil and provide premium tubulars for Greece's Prinos CO2 storage project.
Sept. 18, 2026
MODEC and Eld Energy have completed a key qualification milestone for solid oxide fuel cell (SOFC) technology that could help reduce FPSO emissions by generating power from produced...
Sept. 16, 2026
Courtesy Seatrium
Seatrium A² Hub
Seatrium executives discuss how research partnerships are advancing AI, digital twins, floating offshore wind and next-generation offshore energy infrastructure.
Sept. 15, 2026
Lim Weixiang-Zeitgeist Photos/1499318374/E+ Getty Images
ABS issues certification to Hanwha Ocean for standardized FPSO design
Hanwha Ocean is seeking to develop a low-carbon standard FPSO design for future project applications.
Sept. 10, 2026
AI capabilities will add an autonomous analysis of opportunities offshore Malaysia.
Sept. 8, 2026
Courtesy Jan Arne Wold - Woldcam / Statoil ASA / Equinor
Drone view of the Dudgeon wind farm
Proserv will deploy its ECG cable monitoring technology and Distributed Electrical Sensing system at Equinor's 402-MW Dudgeon offshore wind farm, with the goal of detecting cable...
Sept. 4, 2026