Business Briefs

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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

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CNOOC reported four discoveries, 16 successful appraisals and three offshore China project start-ups during the first half of 2026, while also advancing digitalization, floating...
Aug. 28, 2026
Equinor says its streamlined international portfolio is on track to deliver 950,000 boepd by 2030, supported by growth projects in the US Gulf, Brazil, Angola and Canada.
Aug. 26, 2026
The production of gas, condensate and oil comes from four fields on offshore Block CI-27.
Aug. 25, 2026
ONGC's new award could keep the drillship Dhirubhai Deepwater KG2 working offshore India through early 2031, while Oil India extended work for Dolphin Drilling's Blackford Dolphin...
Aug. 25, 2026
Record-length horizontal wells, advanced geosteering and improved subsurface understanding helped OKEA increase recovery and unlock additional reserves at the mature Draugen and...
Aug. 25, 2026
Courtesy Aker BP
Alvheim FPSO
Aker BP has agreed to acquire operatorship of the Losgann/Froskelår and Slagugle discoveries, positioning the company to pursue tieback-led developments leveraging existing infrastructu...
Aug. 20, 2026
ID 24906005 © Vichaya Kiatyingangsulee | Dreamstime.com
New CEO named at Viridien
Viridien has promoted COO Henning Berg to CEO, with former CEO Sophie Zurquiyah becoming chair.
June 4, 2026
ID 400305233 © Olga Kostrova | Dreamstime.com
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
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
Courtesy NextOcean
WavePredictor interface
NextOcean's WavePredictor system will provide real-time forecasts of vessel motion aboard the ESVAGT NJORD, helping crews make safer personnel-transfer decisions during offshore...
Aug. 31, 2026
ABS has confirmed TRL 7/8 status for Encomara's Squid mooring and power cable interface system following full-scale inshore trials in Scotland.
Aug. 31, 2026
Courtesy ONS / AmundJanssen(@amundj)-04266
ONS 2026 audience and stage discussion
This collection features Offshore's ONS 2026 coverage, including exclusive executive interviews, project developments, technology innovations, industry news and key discussions...
Aug. 27, 2026
SLB's new ExaCT electrical downhole control system replaces hydraulic actuation with real-time electrical communication and telemetry.
Aug. 26, 2026
Designed for offshore security, safety and navigation applications, Kongsberg's new Aegir SSA sonar systems can be deployed on buoys, uncrewed surface vessels and fixed installations...
Aug. 25, 2026
Image generated by Microsoft Copilot AI
conceptual rendering of a CCS hub
The companies plan to combine engineering, AI and digital monitoring capabilities to help CCS and carbon removal projects move more quickly from feasibility studies to final investment...
Aug. 24, 2026