Business Briefs

Courtesy Petrobras
Petrobras takes stake in further block offshore São Tomé and Príncipe
Pending approvals, the company will replace Oranto Petroleum as operator.
April 17, 2026
Courtesy 1947 Oil & Gas PLC
New US-based E&P firm, 1947 Oil & Gas PLC, seeks to build ‘E&P of scale.’
April 17, 2026
Courtesy Axess Group
Equinor broadens Axess agreement following North Sea UT trials
April 16, 2026
Courtesy Cranemaster
the CM3-3000T-5500-A
April 15, 2026
Courtesy Equinor
Equinor continues to scale back its renewables portfolio
April 14, 2026
Courtesy Eco Atlantic Oil & Gas
bp set to enter three licenses offshore Namibia as operator
April 13, 2026
Courtesy CalEnergy Resources
Map of Saturn Banks area in the North Sea
April 11, 2026
ID 52011683 © Arnaldo Jr. | Dreamstime.com
Brazil flag
April 11, 2026
Courtesy EnQuest
EnQuest Heather decommissioning team
April 11, 2026

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Company News

Courtesy Azule Energy
BLOCKS 14 and 14K OFFSHORE ANGOLA MAP
Angolan independent Azule Energy exercised its rights to pre-empt an earlier deal for the interests in Blocks 14 and 14K.
April 3, 2026
Courtesy NEO NEXT+
offshore Alwyn operations
The combination of UK E&P interests, formerly held by NEO, Repsol and TotalEnergies, should deliver production of more than 250,000 boe/d this year.
March 30, 2026
Courtesy New Fortress Energy
New Fortress Energy strikes debt restructuring deal
Under a UK court process, the LNG developer will spin off its Brazilian assets to creditors and slash corporate debt by over 90%.
March 25, 2026
Developed with Grok AI
TotalEnergies exits US offshore wind market
TotalEnergies says it will invest in American gas and power production, and LNG exports.
March 23, 2026
Courtesy Halvor Arne Asland/Equinor
Kvitebjørn platform in the North Sea
The planned transaction could hasten up to three tiebacks to the Kvitebjørn platform in the North Sea.
March 20, 2026
Courtesy SLB OneSubsea
SLB OneSubsea Secures EPC Contract for Deepwater Project Offshore Malaysia
The OneSubsea joint venture has also agreed to terms to acquire Envirex Group.
March 13, 2026

People on the move

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

Equipment Engineering

ID 279039504 © Wirestock | Dreamstime.com
dolphins and a rig offshore Iran
Van Oord has deployed a vibro‑jetting monopile installation method at the Hollandse Kust West wind farm, while a French industry consortium has launched R&D work on acoustic shielding...
April 10, 2026
© Endeavor Business Media via Canva.com
Simulation and VR training: Preparing offshore crews before it matters
Offshore energy operations demand precise training; high-fidelity simulators and virtual reality are transforming workforce preparation by providing realistic, risk-free environments...
April 9, 2026
ID 442018723 © Indira Rani Das | Dreamstime.com
remote operations concept
This 4th annual special report features expert insights on the capital planning, digitalization, automation, risk management, asset integrity and safety aspects of uncrewed offshore...
April 8, 2026
Courtesy Superior Energy Services
FASTR 3.0 landing string system
Developed for a Green Canyon 20k well, a custom landing string successfully ran the heaviest casing load ever deployed offshore.
April 6, 2026
ID 114138731 | Communication © Lightpoet | Dreamstime.com
Network server room with servers/high performance computers running processes
The collaboration with Amazon Web Services (AWS) will target improved processing workflows, helping to speed up generation of prospects for exploration purposes.
April 1, 2026
Courtesy Castrol
Castrol industrial services smart monitor page real-time card
Castrol engineers detail the latest on an FPSO trial with real-life failure examples stemming from water ingress.
March 31, 2026