Axxim Asset Management News


Oceaneering Wins Five-Year Contract in Qatar

Jul 20, 2026

Oceaneering International, Inc. announced that its Integrity Management and Digital Solutions (IMDS) segment has been awarded a five-year inspection and asset integrity services contract by a Qatar-based oil company. The contract includes two optional one-year extensions…

Searah Malaysia Starts Upstream Oil and Gas Operations

Jul 17, 2026

Searah (Malaysia) launched upstream oil and gas operations in Malaysia from July 1, it said on Friday, after completing the transfer of operatorship from Petronas Carigali, a subsidiary of state energy firm Petronas.The oil and gas company is the Malaysian operating entity of Searah Limited…

Tripartite Deal Set to Advance South Korea's Offshore Wind Sector

Jul 16, 2026

Renewable energy consultancy OWC, Korea Leading Energy Management (KLEM) and offshore energy services provider OEG have signed a memorandum of understanding to collaborate on balance of plant (BoP) operations and maintenance services for South Korea's offshore wind sector…

Wärtsilä Secures FSRU Service Agreement with Pardus Energy

Jul 15, 2026

Wärtsilä has signed a five-year lifecycle agreement with Ireland-based Pardus Energy to support the operation of the floating storage and regasification unit (FSRU) TURQUOISE P.The agreement includes contract management, maintenance planning and spare parts support for the vessel…

DeepOcean Wraps Up Decom Scope at Spirit Energy’s North Sea Field

Jul 14, 2026

DeepOcean has completed subsea decommissioning work at Spirit Energy's Seven Seas and Grove West fields in the southern North Sea, recovering a subsea wellhead protection structure and disconnecting subsea infrastructure ahead of a planned rig campaign…

Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

Jul 13, 2026

Malaysia-based offshore drilling contractor Velesto Energy has terminated the sale of its jack-up drilling rig NAGA 3 to Indonesia's PT Indonesia Drilling Energy after the transaction failed to complete within the agreed timeframe.The company said its subsidiary…

Axess Secures Work on Two Golar LNG’s FLNG Assets

Jul 09, 2026

Axess Group has been selected by Golar LNG to carry out maintenance build and integrity management work across two floating liquefied natural gas (FLNG) assets following competitive tender processes.For the MK II FLNG, Axess will provide maintenance build services…

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Jul 08, 2026

Premium jackup dayrates have improved from 2025 lows and are now holding within a higher range, but pricing remains uneven across fixtures and geographies. That is important, but dayrates are only the starting point. On their own, they say very…

Nigeria's Discovers Oil on Lease 74

Jul 07, 2026

Nigerian oil producer Renaissance Energy said on Tuesday it had made an oil discovery offshore Nigeria after drilling an exploration well in Oil Mining Lease (OML) 74, its first major success since taking over the asset last year.Preliminary results showed about 1…

Well-Safe Solutions Expands Beryl Field Decom Scope to 260 Wells

Jul 07, 2026

Well-Safe Solutions has been appointed lead contractor for Apache North Sea’s Beryl Field decommissioning project, expanding the combined scope of its work for Apache to more than 260 wells.The award is the second contract Apache has given Well-Safe Solutions this year…

Føn Energy Gets Offshore Wind Services Job in Poland

Jul 01, 2026

Norway's Føn Energy Services has secured a multi-year, multi-million-dollar contract from Baltic Power to provide operations and maintenance (O&M) services for the Baltic Power offshore wind farm in Poland.The long-term agreement, which includes extension options…

Woodside Assumes Operatorship of Gippsland Basin Assets in Australia

Jul 01, 2026

Woodside Energy has completed the transfer of operatorship of the Gippsland Basin Joint Venture (GBJV) and Kipper Unit Joint Venture (KUJV) from Esso Australia Resources, taking over operation of one of Australia's largest domestic gas-producing asset portfolios…

Shell Agrees $1.7B Gulf Deepwater Assets Sale to Talos Energy and Ridgewood

Jul 01, 2026

Talos Energy and an affiliate of Ridgewood Energy Corporation have agreed to acquire Shell's interests in the Na Kika platform and the Coulomb field in the Gulf of America in a deal valued at $1.7 billion.Under the agreement, Talos will acquire…

Eni and Mercuria to Form Global Energy Trading Joint Venture

Jul 01, 2026

Italian energy major Eni and commodities trading group Mercuria have signed an agreement to establish an equally owned joint venture to oversee energy commodities trading activities across global energy markets.The joint venture will operate…

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