Axxim Asset Management News


Woodside Takes Over Operatorship of Bass Strait Assets from ExxonMobil

Jul 28, 2025

Woodside has agreed to assume operatorship of the Australian Bass Strait assets that it shares with ExxonMobil and plans to develop additional gas resources using existing infrastructure there.Woodside will assume operatorship of the offshore Bass Strait production assets…

Aker BP Swaps North Sea Stakes with Japex

Jul 28, 2025

Norwegian oil and gas producer Aker BP has signed an agreement with Japex Norge to exchange interests in several North Sea assets, enhancing its presence in the northern sector of the basin.Under the deal, Aker BP will transfer a 10% interest in the Alve Nord development (PL127C) and a 3…

AquaTerra to Provide Asset Integrity Services for BP and Ithaca Energy in North Sea

Jul 24, 2025

AquaTerra Group, an Aberdeenshire-based construction and maintenance firm, has been awarded two multi-year contracts with energy majors BP and Ithaca Energy to provide brownfield asset integrity services across North Sea installations.The contracts…

Friede & Goldman Hires Contractor for Semi-Sub Rig Conversion Job

Jul 23, 2025

Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed an engineering agreement with Peak Ocean Offshore, a specialist in offshore asset conversion and lifecycle optimization, for the design and engineering…

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

Jul 22, 2025

Norwegian oil and gas company Pandion Energy has entered into an agreement to sell its participating interests in three assets comprising seven production licenses on the Norwegian Continental Shelf (NCS) to Inpex Idemitsu Norge, owned by Japan’s Inpex…

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