Business Briefs

Courtesy ExxonMobil
Liza Unity FPSO
Assuming ExxonMobil and its partners take FID on this eighth project in the deepwater Stabroek Block, Saipem would have full EPCI responsibility for the subsea spread.
April 30, 2026
ID 118421660 © Curraheeshutter | Dreamstime.com
offshore oil and gas operations
April 30, 2026
Courtesy Terradepth
Absolute Ocean technology by Terradepth
April 30, 2026
Courtesy HYTORC
TorcSync
April 28, 2026
Courtesy Helix Energy Solutions
Helix Energy Solutions, Hornbeck announce merger agreement
April 24, 2026
Courtesy Expro
iTONG technology in a well construction operational scenario
April 24, 2026
Courtesy NOIA
NOIA Safety in Seas awards
April 24, 2026
ID 107469836 © Shane Adams | Dreamstime.com
offshore GoM platform
April 23, 2026
ID 324200982 © Oleg Kryuchko | Dreamstime.com
offshore oil and gas workers
April 23, 2026

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Company News

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
Courtesy Equinor
Equinor continues to scale back its renewables portfolio
The company has sold an 8.07% stake in Norwegian renewable energy company Scatec.
April 14, 2026
Courtesy Eco Atlantic Oil & Gas
bp set to enter three licenses offshore Namibia as operator
Farm-in arrangement will provide the company with its first exploration opportunity in the Walvis basin.
April 13, 2026
Courtesy CalEnergy Resources
Map of Saturn Banks area in the North Sea
Perenco will look to improve production and connect the Blythe H2 well to its LAPS compressor.
April 11, 2026
ID 52011683 © Arnaldo Jr. | Dreamstime.com
Brazil flag
Buying out partner Petronas will give Petrobras a 100% operated position in the deepwater Tartaruga Verde and Espadarte-Module III fields.
April 11, 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

Courtesy ARGON/Smulders
ARGON system
Smulders Projects has integrated laser‑tracker‑based measurement systems into its Hoboken facility, enabling real-time quality control and reducing rework in offshore wind transition...
April 21, 2026
Courtesy TVO
TVO Hercules tethered BOP
A case study in the Gulf of Mexico demonstrates how high-strength tethered BOP systems, combined with precise anchor placement and remote-operated vehicle assistance, enhance ...
April 20, 2026
Courtesy Axess Group
Equinor broadens Axess agreement following North Sea UT trials
Two companies test an ultrasonic technique for inspecting conductors at the Troll field.
April 16, 2026
Courtesy Cranemaster
the CM3-3000T-5500-A
Heerema Marine Contractors commissioned Cranemaster to develop the system for managing dynamic loads for its offshore wind campaigns.
April 15, 2026
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