Business Briefs

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offshore oil and gas operations in the north sea
Aside from fewer wells, the outlook is for steadily decreasing investments with few large new field developments in prospect, according to the Norwegian Offshore Directorate’s...
Jan. 12, 2026
Courtesy TotalEnergies
Map of blocks SK408 and SK310 offshore Sarawak, Malaysia
Following PTTEP’s acquisition of a minority interest in Block SK408, the partners plan to invest in new facilities to increase production.
Dec. 16, 2025
Courtesy Chevron Angola
Chevron's Lianzi Unitization Zone offshore Angola
BW Energy jointly negotiated the acquisition of the 20% interests, which they hope to complete next year.
Dec. 15, 2025
Courtesy Harbour Energy LinkedIn
BW FPSO under contract for Harbour Energy offshore operations
The transaction, which Harbour aims to conclude next spring, would add net production of 20,000 boe/d and provide entry into the Kraken oilfield development.
Dec. 12, 2025
Courtesy Bluewater
FPSO Aoka Mizu sailing from Dubai to Europe
Serica Energy has completed its acquisition of Prax Upstream Ltd.
Dec. 11, 2025
Courtesy Navitas Petroleum Development and Production
Sea Lion Phase 1 consists of drilling 11 subsea wells tied back to an FPSO vessel
Operator Navitas Petroleum and partner Rockhopper Exploration have finalized their investment decision on the Sea Lion project, located near the Falkland Islands, with first oil...
Dec. 10, 2025
Courtesy Prime Group
Prime Natuna Energy's Block B map
Harbour Energy has agreed to sell its operated stakes in producing oil and gas fields in the Natuna Sea to Prime Group.
Dec. 10, 2025
Courtesy bp
Meg O’Neill will serve as the next CEO of bp, effective April 1, 2026.
Murray Auchincloss has stepped down as CEO and director of the bp's board. As a result, Meg O’Neill has been selected as the next CEO, effective April 1, 2026.
Dec. 18, 2025
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Crowd of business professionals walking in similar direction
This update provides the latest in senior appointments, promotions, retirements, company news and more across the offshore oil and gas and offshore renewables sectors.
Oct. 3, 2025
ID 332093229 © Dzmitry Halavach | Dreamstime.com
offshore energy companies make leadership changes
New CEOs and leaders at Tullow Oil, Adura Energy, Panoro Energy and Meren Energy bring extensive experience in upstream oil and gas, LNG projects and offshore production.
Sept. 10, 2025
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
Courtesy bp
Shah Deniz Compression (SDC) project
The Baku-based yard, which will fabricate the jacket and piles, has previously delivered 11 platform jackets to bp and its partners for the ACG and Shah Deniz fields in the Azerbaijani...
Dec. 19, 2025
Courtesy Eni
Coral North FLNG
TechnipFMC has been awarded an engineering, procurement, construction and installation (EPCI) contract for Eni's Coral North FLNG project in Mozambique, marking its second deepwater...
Dec. 18, 2025
©Technip Energies_Slawek Kozdras
Technip Energies awarded engineering contract for Thailand CCS project
Technip Energies’ detailed engineering scope for PTTEP’s development covers new CCS and CO2 injection equipment and platform modifications at the Arthit Field.
Dec. 17, 2025
Courtesy TenneT
BalWin5 2.2-GW offshore HVDC grid connection in German North Sea
The full contract scope includes the HDVC technology and control/protection systems. Balwin5 will take electricity from North Sea wind farms and deliver it to the German onshore...
Dec. 16, 2025
Courtesy Acteon
Intermoor worker performs quality assurance for Petrobras
The long-term contract involves use of wide-ranging techniques and tech on anchors, chains, wire and other components.
Dec. 12, 2025
Courtesy Ithaca Energy LinkedIn
Safe Caledonia arrives at the Captain Field
TechnipFMC will supply and install flexible risers and flowlines to help prolong the life of the Captain Field, which started production in 1997.
Dec. 12, 2025