Business Briefs

Courtesy Vallourec LinkedIn
Petrobras chooses Vallourec to support offshore OCTG projects
Vallourec has been awarded a multi-year contract by Petrobras valued at up to $1 billion to supply offshore oil country tubular goods (OCTG) from 2026 to 2029, including seamless...
Sept. 12, 2025
Courtesy Petronas
PETRONAS Becomes World's First To Produce LNG From Two Floating Facilities in 2021
Sept. 12, 2025
ID 174349221 © Aoutphoto | Dreamstime.com
UK's new windfall tax mechanism faces critical trade-off, WoodMac says
Sept. 12, 2025
ID 159515752 © Everythingpossible | Dreamstime.com
Increased use of AI brings increased contractual, insurance and regulatory risks
Sept. 12, 2025
ID 158636387 © Blackboard373 | Dreamstime.com
Ørsted secures $9.4 billion in ‘emergency rights’ issue
Sept. 10, 2025
ID 332093229 © Dzmitry Halavach | Dreamstime.com
offshore energy companies make leadership changes
Sept. 10, 2025
ID 88312239 | Acquisition © Mr.phonlawat Chaicheevinlikit | Dreamstime.com
Kent to Acquire Exceed
Sept. 9, 2025
Photo 42701688 © Vinnstock | Dreamstime.com
Data briefs for the offshore energy market
Sept. 9, 2025
Courtesy Pivotree
Pivotree Single System Diagram
Sept. 9, 2025

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Company News

Courtesy Altera Infrastructure
Altera Infrastructure to sell its FPSO business to Carlyle
Carlyle will take on Altera’s full fleet of FPSOs and FSOs.
Sept. 8, 2025
Courtesy MODEC
FPSO Prof. John Evans Atta Mills
The two companies will investigate the potential for working jointly to identify new project opportunities, combining MODEC’s experience as a floating platforms supplier/operator...
Sept. 3, 2025
Courtesy Hanwha Group
Hanwha announces $5-billion Philly shipyard investment
Hanwha says that it will produce LNG carriers and naval vessels out of its US shipyard.
Aug. 29, 2025
Courtesy Odfjell Oceanwind
Salamander offshore wind farm with Odfjell Oceanwind's Deepsea Star
The company’s Deepstar Star semisubmersible steel foundation will be deployed for the demonstration project ahead of a commercial deployment in the UK central North Sea.
Aug. 27, 2025
Courtesy PXGEO
PXGEO wins two-year geophysical contract from Malaysia Petroleum Management
The campaign will play a key role in supporting Malaysia’s drive to unlock new hydrocarbon resources, says PXGEO.
Aug. 25, 2025
ID 386253999 © Maryna Kushnarova | Dreamstime.com
ATPI assists with travel, crew management to and from offshore drilling sites
ATPI has renewed multimillion-dollar contracts with two offshore drilling contractors in the Americas, ensuring continued support for crew logistics and personnel transfers over...
Aug. 21, 2025

People on the move

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
ID 345067201 © AminaDesign | Dreamstime.com
Silhouetted workers on a ship deck admire sunset-lit wind turbines.
The UK renewable energy sector aims to equip new workers with the right set of skills, bring in new talent with transferable skills and benefit local communities.
June 13, 2025
ID 140779807 © Andrii Yalanskyi | Dreamstime.com
Concept art - wooden blocks with a single green leader block
With more than 30 years of experience in the upstream oil and gas industry, Thomas Mitchell (Mitch) Little has relocated to Singapore to take over the reigns as Jadestone Energy...
June 2, 2025
Photo by © OTC/Phil McCarten 2025
Alex Martinez presented the 2025 Heritage Award to Dr. Arun Duggal
Dr. Arun Duggal is being recognized for his expertise in global analysis, development and implementation of new technology for the station-keeping of floating offshore assets,...
May 6, 2025
ID 65082613 © Jakub Jirsak | Dreamstime.com
Dolphin Drilling makes C-suite changes
Dolphin Drilling CEO Bjørnar Iversen resigned in late January after six years with the company, and the following month CFO Stephen Cox also stepped down.
March 28, 2025

Equipment Engineering

Courtesy CSA Ocean Sciences
Subsea video monitoring of seafloor, benthic habitats and offshore hazards
CSA Ocean Science's subsea video method can provide 24-hour monitoring from shore of highlighted seabed features.
Sept. 8, 2025
Courtesy Acteon
offshore windfarm
The next challenge and opportunity for the offshore wind industry is to ensure that policy targets and engineering achievements are matched by coordinated delivery that turns ...
Sept. 4, 2025
ID 376413243 © Anatolii Savitskii | Dreamstime.com
Illustration of an offshore rig integrated with advanced technology
Offshore operators are leveraging advanced digital tools like IIoT, AI and predictive analytics to enhance asset integrity, reduce costs and make informed decommissioning decisions...
Sept. 4, 2025
ID 342080397 © Andrei Dzemidzenka | Dreamstime.com
AI technology for the subsea energy sector
A digital accelerator initiative, spearheaded by software developer Elementz, will invite applications from AI startup companies next month, with the winners given access to datasets...
Sept. 3, 2025
Source: Shutterstock.com ID 2461870663; Courtesy of EnerMech
Stock art image of an offshore FPSO
This case study outlines how a crane control issue was resolved by EnerMech on a North Sea platform through a targeted engineering approach that focused on simplicity, operator...
Sept. 3, 2025
Courtesy RigER Corp.
AI-generated image depicts workers prepping oilfield equipment rentals
The offshore sector benefits from digital tools that automate inspection, certification and logistics processes. This shift reduces operational costs by up to 20%, extends asset...
Sept. 2, 2025