Axxim Asset Management News

 

DeepOcean Set for Long-Term IMR Duty with Vår Energi

Dec 17, 2025

Ocean services provider DeepOcean has secured a new long-term inspection, maintenance and repair (IMR) frame agreement with operator Vår Energi.The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years…

Santos Divests Non-Core Gas Assets to Eni and Comet Ridge

Dec 17, 2025

Santos has agreed to divest two non-core gas assets in Australia as the oil and gas producer continues to optimize its portfolio and focus capital on priority growth projects.The company said it has executed a conditional sale and purchase agreement to sell its 42…

Dräger to Supply Gas Detection, Monitoring Tech to North Sea Operator

Dec 16, 2025

Safety technology firm Dräger UK has won a six-figure contract with a major North Sea operator for the supply of advanced gas detection and monitoring solutions.Due to be rolled out across an offshore oil and gas asset next year, the deal marks…

Ocean Geophysics, HighTide Team Up for Offshore Data Processing

Dec 16, 2025

Offshore wind industry suppliers Ocean Geophysics and HighTide have entered into a joint venture aimed at combining their seabed data processing, analysis and interpretation capabilities.The partnership brings together Ocean Geophysics’ large…

Subsea7 Answers Chevron’s Call for Work at Gas Field off Australia

Dec 16, 2025

Subsea7 has secured a contract from Chevron Australia for subsea installation work on the Gorgon Stage 3 (GS3) project, offshore Australia.Subsea7’s scope of work includes project management, engineering, procurement, fabrication, transportation…

Serica Boosts North Sea Portfolio with Spirit Energy Assets Purchase

Dec 16, 2025

Britain’s Serica Energy has agreed to acquire a portfolio of Southern North Sea gas assets from Spirit Energy and affiliates for $74 million, expanding its U.K. upstream footprint and lifting reserves and production.The deal, signed through…

BW Energy Enters Angola with Two Offshore Blocks Acquisition

Dec 12, 2025

BW Energy has, in a consortium with Maurel & Prom, signed an agreement to acquire a combined 20% non-operated interest in Block 14 and 10% in Block 14K offshore Angola from Azule Energy.Within this transaction, BW Energy’s net share will be 10% in Block 14 and 5% in Block 14K…

DeepOcean Extends IMR Services Deal with Equinor

Dec 11, 2025

Ocean services provider DeepOcean has secured an extension to its existing frame agreement with Equinor for the provision of subsea inspection, maintenance, and repair (IMR) services.As a part of the renewal, DeepOcean will deploy specialized IMR vessels…

Dixstone Selects IFS Cloud to Modernize Global Offshore Ops

Dec 09, 2025

IFS, a provider of industrial AI software, has been selected by offshore service provider Dixstone to provide it with IFS Cloud to unify and modernize its operations across 10 countries and more than 2,200 personnel as part of a wider digital transformation strategy aimed at improving safety…

NEO NEXT+ Rises as UK’s Largest Independent O&G Producer Under New Merger

Dec 08, 2025

TotalEnergies has agreed to merge its U.K. upstream operations with NEO NEXT Energy in a transaction that will create NEO NEXT+, expected to become the largest independent oil and gas producer in the United Kingdom.Under the deal, TotalEnergies will hold a 47…

XOCEAN Secures Five-Year Survey Deal for Six Dutch Offshore Wind Farms

Dec 04, 2025

Ocean data acquisition specialist XOCEAN has secured five-year contract to deliver bathymetric survey services across six Dutch offshore wind farms.The agreements were coordinated by Eneco on behalf of the participating wind farms – Borssele 3&4 (Blauwwind)…

ABS Approves FPSO Remote Control Functions from Hanwha Ocean

Dec 02, 2025

ABS issued approval in principle (AIP) to Hanwha Ocean Co. Ltd. for remote control functions for FPSO units.ABS completed design reviews based on the ABS Requirements for Autonomous and Remote-Control Functions.The project is part of the Offshore…

Petrobras Signs Up Acteon for Mooring Asset Integrity Services

Dec 02, 2025

Intermoor, Acteon’s Moorings and Anchors business line, has been awarded a three-year contract by Petrobras, to provide mooring asset integrity services.With work due to commence in December 2025, Intermoor will deliver comprehensive quality…

Shell, Equinor Form ‘Largest’ Independent UK North Sea Oil and Gas Producer

Dec 01, 2025

Shell U.K. Limited, a subsidiary of Shell and Equinor UK Limited, a subsidiary of Equinor, completed a deal to combine their UK offshore oil and gas operations to form a new company, described as the largest independent producer in the UK North Sea…

Woodside Enlists ABL for Global Operations Support

Nov 26, 2025

Energy and marine consultancy ABL has secured a global agreement with Woodside Energy to support the operator’s offshore energy construction and operations worldwide, including in Australia and the US.As part of a Global Client Relationship Agreement (GCRA)…

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