Business Briefs

Courtesy Enhanced Drilling
Expro Acquisition of MPD Specialist Enhanced Drilling
The planned acquisition will add managed pressure drilling and other capabilities to Expro’s range of well construction services.
May 8, 2026
Courtesy Helix Energy Solutions
Helix Energy Solutions, Hornbeck announce merger agreement
The new Hornbeck Offshore Services will offer a diversified fleet of specialty vessels, subsea robotics, and well intervention services.
April 24, 2026
Courtesy NOIA
NOIA Safety in Seas awards
SLB and Oceaneering were named the 2026 NOIA Safety in Seas Award recipients for advancing offshore safety through sustained cultural excellence and engineered hazard‑elimination...
April 24, 2026
ID 107469836 © Shane Adams | Dreamstime.com
offshore GoM platform
A $20‑million Gulf Futures Challenge project will examine how inactive offshore oil and gas infrastructure can be repurposed to support advanced energy, mineral recovery and workforce...
April 23, 2026
Courtesy Fugro
Fugro's new ROV test pool facility in Singapore
The site provides an environment for testing equipment and addressing any technical issues prior to deployment for offshore clients.
April 22, 2026
Courtesy 1947 Oil & Gas PLC
New US-based E&P firm, 1947 Oil & Gas PLC, seeks to build ‘E&P of scale.’
New company founded by Jeff Currie and Ivan Murphy; will have Tim Duncan as Executive Chairman; acquires Renaissance Offshore LLC.
April 17, 2026
Courtesy Equinor
Equinor continues to scale back its renewables portfolio
The company has sold an 8.07% stake in Norwegian renewable energy company Scatec.
April 14, 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
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
ID 151225909 © Shane Adams | Dreamstime.com
PSV in the Gulf of Mexico
Nauticworx’s Jessica Bertsch discusses where traditional offshore workboat chartering still breaks down and how early digital adoption is reshaping decision‑making in the US Gulf...
May 6, 2026
Courtesy Shape Digital
Shape Lighthouse is an Intelligent asset management system
Shape Digital CEO Felipe Baldissera discusses how offshore operators are testing digital decision support under real operational constraints.
May 6, 2026
Courtesy Teledyne
Teledyne eXtreamer
Teledyne Geophysical Instruments VP and GM Holli Sims discusses the technology behind the company’s eXtreamer seismic streamer, a recipient of a 2026 Spotlight on New Technology...
May 6, 2026
Courtesy Bosch Rexroth
2026 Spotlight on New Technology Award winners
Bosch Rexroth secured two OTC 2026 Spotlight on New Technology awards for electric drive and subsea actuation systems, which the company's SMEs say signal a shift toward simpler...
May 6, 2026
Courtesy Strohm
Strohm's TCP
The partners are developing a lightweight hybrid flexible pipe designed for flowline and riser applications in water depths beyond 3,000 m, with commercial availability targeted...
May 5, 2026
Courtesy ExxonMobil
Liza Unity FPSO
Assuming ExxonMobil and its partners take FID on this eighth project in the deepwater Stabroek Block, Saipem would have full EPCI responsibility for the subsea spread.
April 30, 2026