The merger creates a 73‑rig global fleet and more than $200 million in projected cost synergies as the companies prepare for a multi‑year offshore upcycle.
Feb. 9, 2026
Courtesy BW Energy's "Fourth quarter and full year 2025" presentation
Shell agreed to sell a 20% stake in the Santos Basin presalt project to KUFPEC, enhancing collaboration between the companies while remaining the project's operator.
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...
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.
This update provides the latest in senior appointments, promotions, retirements, company news and more across the offshore oil and gas and offshore renewables sectors.
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.
This update provides the latest in senior appointments, promotions, retirements, company news and more across the offshore oil and gas and offshore renewables sectors.
Terra Inspectioneering CTO Steven Verver explains how remote ultrasonic testing, aerial inspection systems and continuous data streams are redefining risk, cost and compliance...
Cegal successfully executed a rapid IT and OT transition for Tenaz Energy, managing the migration of 1.6 PB of data and onboarding personnel to support the operator’s offshore...
ABB delivered a scope of work for the offshore and onshore substations for the Dogger Bank offshore wind project, enabling remote operation and reducing offshore personnel needs...
Expro's Solus has already been deployed for a new in-riser completions development in the Gulf of Mexico and installed in an open-water system for a North Sea P&A campaign.