Business Briefs

Courtesy Castrol
Castrol industrial services smart monitor page real-time card
Castrol engineers detail the latest on an FPSO trial with real-life failure examples stemming from water ingress.
March 31, 2026
Courtesy Deep Ocean Search Ltd.
Deep Ocean Search to add hybrid ROV/AUV to its fleet
March 31, 2026
Courtesy NEO NEXT+
offshore Alwyn operations
March 30, 2026
Courtesy Vallourec
Vallourec OCTG
March 27, 2026
Courtesy Saipem
Flatfish underwater inspection drone
March 27, 2026
Courtesy StormGeo
StormGeo weather map
March 27, 2026
ID 157008299 | Background © Ruletkka | Dreamstime.com
Flags of Iran and Qatar
March 26, 2026
Courtesy ExxonMobil Guyana
ExxonMobil Guyana offshore operations
March 26, 2026
Courtesy New Fortress Energy
New Fortress Energy strikes debt restructuring deal
March 25, 2026

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Company News

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TotalEnergies exits US offshore wind market
TotalEnergies says it will invest in American gas and power production, and LNG exports.
March 23, 2026
Courtesy Halvor Arne Asland/Equinor
Kvitebjørn platform in the North Sea
The planned transaction could hasten up to three tiebacks to the Kvitebjørn platform in the North Sea.
March 20, 2026
Courtesy SLB OneSubsea
SLB OneSubsea Secures EPC Contract for Deepwater Project Offshore Malaysia
The OneSubsea joint venture has also agreed to terms to acquire Envirex Group.
March 13, 2026
Courtesy Eco (Atlantic) Oil and Gas Ltd.
Map of PL001 and Sea Lion Development
PL001 is adjacent to the planned Sea Lion development project in the North Falkland Basin.
March 9, 2026
Courtesy Petronas' "PETRONAS Group Financial Results Announcement Year Ended 31 December 2025" presentation
Petronas offshore operations
In 2025, Petronas successfully delivered hydrocarbons from 26 projects, made 12 exploration discoveries, and secured 28 FIDs, highlighting its robust growth in Malaysia and internationa...
March 4, 2026
Courtesy Panoro Energy
Map: offshore Equatorial Guinea
Panoro Energy has agreed to acquire Kosmos Energy’s non-operated interest for $180 million.
March 2, 2026

People on the move

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 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

Equipment Engineering

Courtesy Kent LinkedIn
Prinos CO2 storage project in Northern Greece
Energean’s project will transport liquid CO2 received from various industrial sites for permanent storage in the Prinos aquifer in the eastern Mediterranean Sea.
March 19, 2026
Courtesy Oceaneering
Oceaneering Vision 3D data visualization software platform
Alan Curtis, former SVP and CFO of Oceaneering International, explains how remote inspection and data-driven integrity management are influencing safety outcomes, capital planning...
March 19, 2026
Courtesy Trendsetter Vulcan Offshore
Trendsetter Vulcan offshore Hercules tethered BOP
The modifications address wellhead fatigue risk for floating rigs in soft seabed conditions.
March 18, 2026
Courtesy NewMed Energy
Aphrodite field and offshore Cyprus blocks
Worley will also support operator Chevron with equipment purchasing for the floating production unit.
March 17, 2026
Courtesy IKM Testing
Triton FPSO
The terms of the company’s new contract include engineering modification and shutdown services, where required.
March 12, 2026
Courtesy Subsea7
Subsea7 awarded contract offshore Türkiye
Subsea7 will supply and install additional subsea facilities to connect production from the Goktepe discovery to the Sakarya FPU.
March 12, 2026