Business Briefs

Courtesy André Motta de Souza / Petrobras News Agency
P-66 platform operating in the presalt of the Santos Basin
A major asset buy, record presalt production gains, and a fluid leak that paused drilling operations highlight the latest shifts across Brazil’s offshore landscape.
Jan. 16, 2026
Courtesy Veolia
Veolia's reverse osmosis technology
Jan. 16, 2026
Courtesy ModuSpec/MR Group
ModuSpec specialists monitor offshore operations
Jan. 15, 2026
Courtesy ALTAVE
ALTAVE Harpia AI-based software
Jan. 15, 2026
Courtesy Seatrium
ABS issues AIP for Seatrium's ‘next-generation’ offshore substation design
Jan. 15, 2026
Courtesy Smulders
Completed Jasmund substation installed for Baltic Sea wind development
Jan. 14, 2026
Courtesy Boskalis
Scarborough FPU tow to field
Jan. 14, 2026
bomboman/iStock/Getty Images Plus
ABS enters mooring digital twin MoU, awards AiP for floating offshore wind substation
Jan. 14, 2026
Courtesy JHI
Map of PL001 license
Jan. 13, 2026

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Company News

Courtesy Odfjell Drilling LinkedIn
Deepsea Aberdeen offshore rig
Borr Drilling, Odfjell Drilling, and Velesto Energy unveil new contracts and strategic moves across the Gulf of Mexico, North Sea and Southeast Asia.
Jan. 8, 2026
Courtesy IOG
Offshore Blythe operations in the North Sea
Subject to regulatory approvals, Perenco UK will assume operatorship of the two gas fields and will look to resume production to the onshore Bacton terminal.
Jan. 6, 2026
Courtesy Harbour Energy
Harbour Energy to acquire LLOG Exploration Company
The deal expected to position Harbour as ‘a leading player’ in the US Gulf of Mexico.
Dec. 22, 2025
Courtesy ADNOC
Hail and Ghasha island under construction
The transaction, negotiated with a wide range of finance institutions, allows the partners to obtain low-cost funding while retaining operation control of the project’s offshore...
Dec. 19, 2025
Courtesy TotalEnergies
Map of blocks SK408 and SK310 offshore Sarawak, Malaysia
Following PTTEP’s acquisition of a minority interest in Block SK408, the partners plan to invest in new facilities to increase production.
Dec. 16, 2025
Courtesy Chevron Angola
Chevron's Lianzi Unitization Zone offshore Angola
BW Energy jointly negotiated the acquisition of the 20% interests, which they hope to complete next year.
Dec. 15, 2025

People on the move

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

Equipment Engineering

Courtesy Ole Jørgen Bratland / ©Equinor
Johan Castberg FPSO in the Barents Sea
Equinor has issued 12 new framework agreements to seven Norwegian engineering groups, which it hopes will help sustain projected production levels through 2035.
Jan. 13, 2026
ID 26325012 © Jod Helihead | Dreamstime.com
offshore oil and gas operations
Find out what Offshore's audience voted as top decarbonization strategies and why one reader says controlling produced water could be a game changer.
Jan. 11, 2026
Courtesy Aker BP
Aker BP new HIPlog well technology
The new technology can measure flow and performance in different zones or well branches without the need to shut down production.
Jan. 8, 2026
Courtesy Arne Reidar Mortensen / ©Equinor
Johan Sverdrup Field center in the North Sea
Despite technological advancements, Equinor faces regulatory scrutiny over the use of Novos technology, with authorities demanding compliance by June 2026, and Archer is helping...
Jan. 8, 2026
Courtesy bp
Shah Deniz Compression (SDC) project
The Baku-based yard, which will fabricate the jacket and piles, has previously delivered 11 platform jackets to bp and its partners for the ACG and Shah Deniz fields in the Azerbaijani...
Dec. 19, 2025
Courtesy Eni
Coral North FLNG
TechnipFMC has been awarded an engineering, procurement, construction and installation (EPCI) contract for Eni's Coral North FLNG project in Mozambique, marking its second deepwater...
Dec. 18, 2025