Business Briefs

Courtesy Atlantic LNG
Atlantic LNG's liquefaction facility in Point Fortin on the Trinidad coast
bp will assume full ownership and operatorship of the 3.5-Tcf Calypso gas project offshore Trinidad and Tobago through its acquisition of Woodside's 70% stake in the deepwater...
Aug. 7, 2026
ID 30188971 © Bomboman | Dreamstime.com
An offshore jackup drilling rig
The Norwegian company is a specialist developer of managed pressure drilling and riserless mud recovery technologies.
July 24, 2026
Courtesy BlueNord
Tyra gas-condensate field in Danish North Sea
The proposed combination would create one of northwest Europe’s largest independent offshore producers while expanding Vår Energi’s access to key gas export routes and strengthening...
July 21, 2026
Courtesy Saipem
Subsea7-Saipem merger faces in-depth regulatory scrutiny in EU and Australia
The companies still aim to complete the merger in the second half of 2026, subject to regulatory approvals.
July 13, 2026
Courtesy Petrobras
Map of Block 3 offshore São Tomé and Príncipe
The company initiated the farm-in deal in April. Other partners are Oranto (15%) and the National Petroleum Agency of São Tomé and Príncipe (10%).
July 10, 2026
Courtesy NEO NEXT+ Energy Ltd.
Elgin Field offshore operations in the North Sea
Offshore workers on two UK North Sea platforms plan a series of 24-hour strikes beginning July 22 after rejecting a pay offer of less than 3%, setting up a labor dispute that ...
July 10, 2026
Courtesy Maersk Training
Advanced simulation-based and accredited training
The new Kuala Lumpur facility will provide simulator-based drilling, well control and emergency response training for offshore personnel, supporting workforce development across...
July 8, 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 InterMoor
Ground chain inspection
In this exclusive interview, Intermoor's Kent Longridge explains why risk-based integrity management, proactive intervention planning and early-phase engineering decisions are...
July 27, 2026
Courtesy Hitachi Energy
HVDC use on DolWin1 offshore wind farm near Germany
As offshore wind projects grow in size and complexity, developers and grid planners are looking beyond traditional point-to-point connections toward more integrated offshore transmissio...
July 22, 2026
Courtesy Plexus
Python Subsea Wellheads
The two-year collaboration will focus on engineering, testing and qualification work aimed at advancing wellhead systems for offshore energy applications.
July 21, 2026
Courtesy Halliburton
LOGIX automation and remote operations conceptualization
The project is the first in Asia-Pacific to combine full rig automation with managed pressure drilling in a connected system.
July 14, 2026
Courtesy Colleen McConnell/Cenovus
White Rose Field offshore assets
The contractor has assisted operations since 2005, including the recent tow-out and installation of the West White Rose platform.
July 2, 2026
ID 109348717 © Theerapong28 | Dreamstime.com
Double exposure of hand using a phone with digital icons with offshore oil and gas platform in background
Intellectual property (IP) strategy is becoming an increasingly important factor in investor confidence, project valuation and risk management across offshore energy developments...
June 30, 2026