Business Briefs

Courtesy Kosmos Energy LinkedIn
GTA Hub
Kosmos Energy is progressing a farmdown of its Tiberius development stake while advancing US Gulf exploration alliances and positioning the GTA project for domestic gas expansion...
May 20, 2026
ID 60933364 © Pichetw | Dreamstime.com
M&A
The North Sea independent’s main assets include a 25% stake in Shell’s Selene gas discovery.
May 8, 2026
Courtesy Helix Energy Solutions
Helix Energy Solutions, Hornbeck announce merger agreement
The new Hornbeck Offshore Services will offer a diversified fleet of specialty vessels, subsea robotics, and well intervention services.
April 24, 2026
Courtesy NOIA
NOIA Safety in Seas awards
SLB and Oceaneering were named the 2026 NOIA Safety in Seas Award recipients for advancing offshore safety through sustained cultural excellence and engineered hazard‑elimination...
April 24, 2026
ID 107469836 © Shane Adams | Dreamstime.com
offshore GoM platform
A $20‑million Gulf Futures Challenge project will examine how inactive offshore oil and gas infrastructure can be repurposed to support advanced energy, mineral recovery and workforce...
April 23, 2026
Courtesy Fugro
Fugro's new ROV test pool facility in Singapore
The site provides an environment for testing equipment and addressing any technical issues prior to deployment for offshore clients.
April 22, 2026
Courtesy 1947 Oil & Gas PLC
New US-based E&P firm, 1947 Oil & Gas PLC, seeks to build ‘E&P of scale.’
New company founded by Jeff Currie and Ivan Murphy; will have Tim Duncan as Executive Chairman; acquires Renaissance Offshore LLC.
April 17, 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
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
Courtesy Aker BP
Valhall PWP – Fenris
NOV engineered the Nymo-built module, which will recycle MEG in the pipelines connecting the Valhall and Fenris fields in the Norwegian North Sea.
May 8, 2026
Courtesy Wison
Wison FPSO
Lloyd’s Register has granted approval in principle to Wison New Energies for a harsh‑environment FPSO concept with an internal turret, helping to de‑risk early design decisions...
May 8, 2026
Courtesy Fugro
Fugro GeoAI Framework
Fugro’s GeoAI interpretation framework is being recognized for compressing geoscience timelines while keeping engineers and regulators firmly in the loop, according to company...
May 7, 2026
Courtesy DeepOcean 
onshore control room that was used for the operation
DeepOcean remotely manages a subsea intervention at Aker BP’s Idun field from shore, while DOF secures long-term Petrobras contracts backing four new ROV support vessels for deepwater...
May 7, 2026
Photo by © OTC/Scott Morgan 2026
OTC 2026 Opening Ceremony
This compilation highlights event coverage, executive insights, project updates, technology advances, industry news and the trending topics discussed at the 2026 Offshore Technology...
May 7, 2026
Courtesy ABS
MoU signing ceremony at OTC 2026
The agreement establishes a framework for knowledge exchange and technical collaboration to support Seatrium's technology team.
May 7, 2026