Business Briefs

Courtesy ONS 2026
ONS 2026 Innovation Awards finalists named
Ten companies and projects have advanced to the finals of the ONS Innovation Awards 2026, showcasing technologies ranging from subsea gas compression and remote operations to ...
Aug. 21, 2026
Courtesy Aker BP
Alvheim FPSO
Aug. 20, 2026
ID 48308987 © Narmada Gharat | Dreamstime.com
Offshore FPSO
Aug. 20, 2026
Image generated by Microsoft Copilot
AI-generated offshore Namibia exploration drilling activity
Aug. 19, 2026
ID 226765705 © Ermawan Saputra | Dreamstime.com
aging offshore assets
Aug. 19, 2026
Courtesy Techouse LinkedIn
Techouse's compact once-through steam generator
Aug. 18, 2026
Courtesy Tosi
Tosi Insight dashboard
Aug. 14, 2026
Courtesy Zach Theo/Unsplash
offshore oil and gas operations
Aug. 13, 2026
Courtesy bp
Emerson to automate Shah Deniz compression project
Aug. 13, 2026

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Company News

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
Makhnach_M/470016670/iStock/Getty Images Plus
How mergers are reshaping the offshore drilling market
Consolidation is enabling contractors to focus on high-spec assets and capital discipline.
Aug. 7, 2026
Courtesy bp
Clair Ridge offshore production
bp has begun marketing its UK North Sea business, including interests west of Shetland and in the ETAP area, as it redirects capital toward higher-growth opportunities elsewhere...
July 31, 2026
Courtesy Pharos Energy
Map: Pharos Energy assets offshore Vietnam
The transaction would take Serica beyond its traditional UK North Sea focus, adding producing offshore assets in Vietnam and positioning the company for broader international ...
July 27, 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

People on the move

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

Equipment Engineering

ID 42151436 © Curraheeshutter | Dreamstime.com
offshore oil and gas platform
Equipment obsolescence, spare-parts management and knowledge preservation are becoming critical considerations for aging offshore assets, according to Paul E. McGill II.
Aug. 12, 2026
ID 297047817 © Naim Saat | Dreamstime.com
FPSO
Siemens Energy will supply power generation and gas compression systems for Petrobras' P-81 and P-87 FPSOs.
Aug. 10, 2026
Courtesy Huisman
Huisman to deliver lifting and handling systems for new Solstad and SBM installation vessel
Huisman will supply lifting and handling systems, including a 500-mt knuckle boom crane and 350-mt A-frame, for a new offshore installation vessel being built for SBM Offshore...
Aug. 7, 2026
ID 153799114 © Elnur | Dreamstime.com
concept of automation in offshore oil and gas industry
ADNOC has expanded AI-enabled drilling support across more than 120 rigs, while AGR and THF Engineered Solutions are exploring AI applications for well planning, assurance and...
Aug. 6, 2026
Courtesy Huisman
Huisman's AS605X Auto Slip
Seadrill has selected Huisman's AS605X Auto Slip system to automate drillpipe slip handling, a move aimed at improving drill floor safety, reducing manual intervention and cutting...
July 30, 2026
Microsoft Copilot (AI-generated concept rendering)
concept rendering of a floating offshore data center
Offshore engineering companies are exploring floating data centers that could bypass land, power and cooling constraints while creating a new market for marine and offshore infrastructu...
July 29, 2026