Axxim Asset Management News


SolarDuck, MARIN Awarded $3.6m to Advance Offshore Floating Power Hub

Jun 25, 2026

Offshore floating solar company SolarDuck and the Maritime Research Institute Netherlands (MARIN) have been awarded a USD$3.64 million (€3.2 million) subsidy from the Netherlands Enterprise Agency (RVO) for the Steady Seas research program.…

ONGC Expands BP Partnership with Western Offshore Basin Services Contract

Jun 25, 2026

India's Oil and Natural Gas Corp (ONGC) and BP have signed a technical services contract aimed at enhancing production from fields in India's Western Offshore Basin, expanding a collaboration that began at the Mumbai High field in 2025.Under the agreement…

ABL Expands Asset Integrity Services in Brazil

Jun 23, 2026

Energy and marine consultancy ABL has opened a new office in Salvador, Brazil, expanding its presence in the country and strengthening its asset integrity management offering for the oil and gas, maritime and industrial sectors.The new office…

Shell-Equinor JV Enlists Shearwater for 4D Streamer Survey in North Sea

Jun 22, 2026

Shearwater Geoservices has been awarded a 4D towed‑streamer seismic acquisition project for the Mariner field in the UK North Sea by Adura Operations, a joint venture between Shell and Equinor.The one-month survey will start in July 2026 and…

DeepOcean Gets BP’s Foinaven Subsea Decommissioning Job

Jun 18, 2026

Ocean services provider DeepOcean has secured a contract by BP to remove subsea infrastructure from the Foinaven oil field west of Shetland as part of the decommissioning of the UK offshore asset.The scope of work includes the recovery of ten flexible process risers…

Aramco Explores Asset Sales in Multi-Billion Dollar Fundraising Push

Jun 18, 2026

Saudi Aramco is considering the sale of a stake in its sulphur business, three sources with knowledge of the matter told Reuters, extending a strategy of tapping its infrastructure assets to raise tens of billions of dollars.Aramco, the crown jewel of the world's largest crude exporter…

Vår Energi Reshapes NCS Portfolio with Acquisitions, Swaps and Asset Sales

Jun 18, 2026

Norwegian oil and gas producer Vår Energi has agreed a series of transactions on the Norwegian Continental Shelf that will strengthen its position in core producing hubs, increase ownership in key development projects and provide greater flexibility in capital allocation…

Kosmos Closes $127M Equatorial Guinea Assets Sale to Panoro

Jun 17, 2026

Kosmos Energy has completed the sale of its interests in the Ceiba Field and Okume Complex production assets in Block G offshore Equatorial Guinea to Panoro Energy, as the company continues to streamline its portfolio and strengthen its balance sheet…

EnerMech Completes Offshore Pipeline Campaign in Australia's Bass Strait

Jun 17, 2026

EnerMech has completed an offshore cleaning and preparation campaign on the Bass Strait pipeline system in Australia's Gippsland Basin, supporting offshore assets operated by Esso Australia Resources, a wholly owned subsidiary of ExxonMobil…

Serica Closes North Sea Asset Acquisition from ONE-Dyas

Jun 11, 2026

Serica Energy has completed the acquisition of a 10% interest in the Catcher field and a 5.21% interest in the Golden Eagle Area Development (GEAD) from ONE-Dyas.The acquisition, first announced in September 2025, further diversifies Serica's…

OneSubsea to Deliver Subsea Boosting System for BP’s Thunder Horse

Jun 08, 2026

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract by BP to provide a subsea boosting system for the Thunder Horse project, a development in the deepwater portion of Gulf of America.As part of the engineering…

Petronas Signs Offshore Oil Recovery Collaboration Deal

Jun 05, 2026

Petronas, through Malaysia Petroleum Management (MPM), has signed a memorandum of understanding with regional exploration and production operators and Universiti Teknologi Petronas (UTP) to jointly evaluate opportunities for improved and enhanced oil recovery in offshore acreages…

Sonardyne, AMOG Join Forces on Subsea Asset Integrity Services

Jun 04, 2026

Sonardyne and engineering consultancy AMOG have signed a memorandum of understanding to jointly offer subsea asset monitoring services for offshore energy infrastructure.The partnership will combine Sonardyne's underwater monitoring, positioning…

Energean’s Angola Deal with Chevron Faces Pre-Emption Challenge

Jun 03, 2026

Energean has announced that of the joint venture partners in Angola's Blocks 14 and 14K, Etu Energias, has notified seller Chevron that it intends to exercise pre-emption rights over the proposed sale of Chevron's interests in the offshore assets…

Decommissioning: IMCA Issued Diver Safety Guide

May 31, 2026

The International Marine Contractors Association (IMCA) has published new industry guidance designed to improve safety during subsea decommissioning and dismantlement projects, warning that ageing offshore infrastructure, incomplete historical…

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