Business Briefs

The structure is similar to the design Allum supplied for the Wilhelmshaven FSRU in Germany in 2023.
Oct. 23, 2026

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Courtesy Ithaca Energy
Terra Nova FPSO
Ithaca Energy's first international acquisition would add interests in the Terra Nova and White Rose fields offshore Newfoundland and Labrador, boosting reserves and positioning...
Oct. 6, 2026
The acquisitions add producing gas assets for Serica and increase Vår Energi's ownership around key Norwegian production hubs.
Oct. 5, 2026
Talos has obtained interests in the Coulomb field and an interest in the Na Kika platform and four associated fields.
Sept. 23, 2026
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Transocean-Valaris merger: Reports indicate DOJ may clear deal early
The DOJ issued a second request for information back in May; both companies later certified compliance with that request.
Sept. 22, 2026
Anticipated benefits include more flexible remote operations and future support for deep-sea mining.
Sept. 21, 2026
CoreMarine's acquisition of BravOcean expands its in-country capabilities for offshore and subsea project support in Brazil.
Sept. 17, 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
Chevron has joined the Arena digital subsurface collaboration, contributing expertise in uncertainty analysis, optimization and field development planning.
Oct. 8, 2026
The development incorporates Oceaneering’s new Snub Line Winch System for running capping stacks.
Oct. 1, 2026
Created with GrokAI
Floating data center concept
Both floating data center concepts address site, permitting and power constraints of land-based developments.
Oct. 1, 2026
The Unity system is designed to perform all typical BOP functions in a much tighter space.
Oct. 1, 2026
bp has expanded Aker Solutions' UK North Sea responsibilities under a new engineering and integrity management agreement covering central North Sea assets.
Sept. 30, 2026
Fugro will conduct geotechnical and metocean surveys supporting pipeline route planning for the Greater Sunrise TLNG development and Bayu-Undan Pipeline Highway in the Timor Sea...
Sept. 30, 2026