Regional Reports

Courtesy Jan Arne Wold and Elisabeth Sahl / ©Equinor
Troll A offshore operations
The transactions could spur action on a new multi-field project close to the North Sea Troll complex and drive forward a decision on the Wisting Field in the far north.
May 22, 2026
Courtesy NOIA
Erik Milito, President, National Ocean Industries Association
May 22, 2026
Courtesy Bernhard Schulte / Schulte Group
Northern Purpose LCO2 carrier vessel
May 22, 2026
ID 155728952 © Hyotographics | Dreamstime.com
Indonesia map and flag
May 22, 2026
Courtesy LLOG
Eric Zimmermann, COO of LLOG and Chair of the National Ocean Industries Associatio
May 22, 2026
Courtesy Vallourec
Vallourec oil and gas line pipes
May 22, 2026
Courtesy Eco (Atlantic) Oil & Gas
Map: Block 1 offshore South Africa
May 22, 2026
Courtesy DeepOcean
DeepOcean's Edda Freya
May 21, 2026
Courtesy Weatherford
Weatherford wins deepwater completions contract from ExxonMobil
May 21, 2026

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Africa

Courtesy Kosmos Energy LinkedIn
GTA Hub
Kosmos Energy is progressing a farmdown of its Tiberius development stake while advancing US Gulf exploration alliances and positioning the GTA project for domestic gas expansion...
May 20, 2026
Courtesy TotalEnergies
Map of Mou offshore Egypt exploration area
The two parties have entered an MoU for the acreage in the Mediterranean Sea, starting with technical studies.
May 14, 2026
Courtesy TotalEnergies
TotalEnergies offshore Nigeria 2024
TotalEnergies, Chevron, Murphy Oil, Panoro Energy and Afentra are advancing drilling, appraisal and infrastructure plans, signaling renewed offshore activity from Nigeria to Namibia...
May 13, 2026
Courtesy Microsoft Copilot (AI‑generated image)
AI-generated image of offshore African oil and gas operations
New drilling, contract awards and seismic reprocessing signal continued upstream activity offshore Republic of Congo, Libya and Côte d’Ivoire.
May 7, 2026
Courtesy Subsea7
Subsea7 secures EPCI contract offshore Angola
The Redevelopment 2.0 Likembe Project in Block 15 is located offshore Angola.
May 1, 2026
ID 406825296 © Hryhorii Turik | Dreamstime.com
Gabon map with the country's flag
The license area includes four oil discoveries, one of which – Iguega – could be the location for the initial anchor development.
April 28, 2026

Asia

Courtesy PV Drilling
PV DRILLING II JACKUP RIG
PVEP-Cuu Long and Zarubezhneft contract new jackup rigs for Vietnam offshore fields.
May 15, 2026
Courtesy Valeura Energy's Corporate Update presentation, April 2026
Wassana CPP March 2026
Activity spans the newly approved Bussabong area and expansion targets near the Nong Yao and Wassana field centers.
May 14, 2026
ID 155728952 © Hyotographics | Dreamstime.com
Indonesia map and flag
PT. Timas Supindo secures the SURF scope for Conrad Asia’s Mako gas development, and Eni reports standout test results from its giant Geliga‑1 gas-condensate discovery in the ...
May 8, 2026
Courtesy PTTEP
Zawtika field platform
It is the Thai state-owned company’s first greenfield foray offshore Malaysia.
May 1, 2026
Courtesy INPEX
Map after Geospatial Information Authority of Japan
The proposed site offshore the east coast would store emissions from the local branch of Nippon Steel and other industrial companies.
May 1, 2026
Courtesy TGS
TGS Timor-Leste map
TGS is advancing multiple offshore data initiatives, including expanded seismic and geological products in Southeast Asia and long‑running measurement campaigns supporting offshore...
April 29, 2026

Australia & New Zealand

Courtesy JDR Cable Systems
JDR subsea control umbilicals
JDR Cable Systems will supply up to 31 km of control umbilicals for Amplitude Energy’s offshore Victoria gas development as drilling results continue to shape the project’s path...
May 8, 2026
Courtesy Woodside Energy
Woodside updates US Gulf/Mexico projects, offshore Australia decommissioning
Highlights include a third subsea well online at Argos SW; Julimar 3 update ahead of transfer to Chevron; and Bass Strait P&A progress.
April 29, 2026
Courtesy Beach Energy's "FY26 Third Quarter Activities Report"
Otway Basin map
The semisub rig will perform an intervention and P&A for Beach Energy in the Otway and Bass basins.
April 28, 2026
Courtesy Santos
offshore Barossa LNG project
In addition, Santos reported that cleanup of the remaining three Barossa wells to the FPSO was completed during the first quarter.
April 24, 2026
Courtesy Woodside
Deep Orient decommission mission complete
The company’s teams worked with TechnipFMC crews onboard the Deep Orient vessel during the campaign, which lasted a year, including subsequent recycling onshore.
April 3, 2026
Courtesy Jadestone Energy
Stag platform offshore operations
The intensity of the storm caused structural damage to the facility, which had been demobilized in anticipation.
March 31, 2026

Canada

Courtesy Cenovus Inc.
SeaRose FPSO vessel
First oil for the West White Rose project is expected in third-quarter 2026.
May 11, 2026
Courtesy of the Canada-Nova Scotia Offshore Energy Regulator (CNSOER)
Canadian officials visit CERAWeek to promote energy opportunities offshore Nova Scotia
Current call for bids covers 13 parcels – five shallow-water near the Sable Island area and eight deeper-water areas.
March 25, 2026
Courtesy Cenovus Energy
SeaRose FPSO vessel
Operator Cenovus Energy expects the facility to produce first oil by mid-year.
Feb. 19, 2026
Courtesy Allseas
West White Rose platform
Production from the West White Rose Field could lift Cenovus Energy’s output in the Eastern Atlantic region to 25,000 bbl/d next year.
Dec. 15, 2025
Photography by J E T Byrne; courtesy marinetraffic.com
SeaRose FPSO offshore Belfast, Ireland, in October 2024
Vessel motions during operations at the White Rose field offshore Newfoundland caused two gas cylinders to break free from a rack, falling to the deck.
Sept. 23, 2025
Courtesy BW Offshore
BW Offshore to become preferred bidder for the Bay du Nord FPSO project
BW Offshore and Equinor say that the FPSO will be tailored for the harsh sub-Arctic environment.
Sept. 2, 2025

Latin America

Courtesy Seatrium
FLNG Hilli Episeyo
Execution of Argentina’s FLNG developments hinges on complex SIMOPS, heavy-lift installation and SSY mooring systems.
May 21, 2026
ID 327001856 © Juan Alejandro Bernal | Dreamstime.com
offshore Guyana map
The program will cover waters in between the borders with neighboring countries French Guiana and Guyana.
May 18, 2026
Courtesy MISC
Marechal Duque de Caxias FPSO
The company is supporting SURF contractor Subsea7 on the two deepwater projects in the presalt Santos Basin.
May 15, 2026
Photo by Ivan Blanco; Courtesy SBM Offshore
Prosperity FPSO sailaway_SBM Offshore
SBM Offshore is tendering for two FPSOs with strong gas-handling capabilities for projects offshore Brazil.
May 13, 2026
Courtesy Divulgação Petrobras
Petrobras' P-79 platform offshore Brazil
Petrobras plans to invest $7.1 billion in offshore exploration and production, drill about 40 new offshore wells, and invest $4 billion in R&D.
May 4, 2026
Courtesy BP
BP signs agreement with Venezuela to develop offshore gas fields
The MoU formalizes the development of the Cocuina-Manakin field, also pledges to explore the offshore Loran gas field.
April 30, 2026

Middle East

Courtesy TotalEnergies
Syria signs MOU with QatarEnergy, TotalEnergies, and ConocoPhillips for offshore exploration
The latest memorandum of understanding (MoU) helps establish Syria’s goal of accelerating exploration across the Levantine Basin.
May 13, 2026
Courtesy Saipem
Aramco contracts Saipem for Safaniya offshore oilfield facilities expansion
The EPCI awards include a new water injection platform and associated wellheads.
April 16, 2026
Courtesy Borr Drilling
Borr jackups resuming work in the Middle East
One rig is now operating again offshore Saudi Arabia, with others preparing to re-start contracts in the UAE and Qatar.
April 14, 2026
Courtesy Energean
Energean gets green light to resume gas production from Karish field offshore Israel
Operations at the Energean Power FPSO are restarting following a security-driven suspension tied to the recent Israel-Iran conflict.
April 9, 2026
Courtesy Masirah Oil
Masirah Oil offshore Oman map
The drilling program in the Yumna Field is set to begin in May, involving three development wells.
April 6, 2026
Courtesy Energean
Energean suspends Israeli offshore operations on government security order
The company is incurring standby costs of ~$10 million/month, and Katlan's first gas is at risk if the halt extends beyond May.
April 3, 2026

North Sea & Europe

Courtesy Odfjell Drilling
Deepsea Bollsta offshore drilling rig
Havtil’s investigation into the Troll Field well control incident highlights critical failures in well barriers, unqualified technology use and planning deficiencies that it says...
May 20, 2026
Courtesy Aker BP
offshore Valhall operations in North Sea
Aker BP accelerates Skarv satellites startup plans while Harbour Energy, DNO and Tenaz Energy report progress on subsea tiebacks, drilling campaigns and upcoming developments ...
May 20, 2026
Courtesy Viridien
Time-Lag FWI technology_ Foz do Amazonas depth slice
The program covers 645 sq km in Norwegian and UK waters with complex subsurface geology.
May 18, 2026
Courtesy Njord Survey
Njord Survey’s Northern Gale vessel
Pipeline inspection campaigns offshore Europe are achieving lower fuel use and improved emissions performance through lean-crewed vessels, renewable fuel adoption and optimized...
May 18, 2026
Courtesy Perenco UK
Davy gas field in the North Sea
The company re-engineered the 1970's-designed facilities, adding a wind turbine for lower-emissions power generation.
May 15, 2026
Courtesy TGS
Map: TGS’ Elephant project in the Norwegian Sea
Seismic-driven subsurface understanding and risk-based monitoring planning are shaping a Norwegian Sea CO2 storage hub.
May 12, 2026

Russia

Courtesy Lukoil
lukoil
Lukoil has opened a new center for core and reservoir fluids research in Perm, Russia.
Jan. 9, 2024
Courtesy Lukoil
Lukoil
Lukoil has proven a large new gas-condensate field in the Russian sector of the Caspian Sea.
Feb. 7, 2023
Courtesy Nord Stream
Nord Stream 1 Castoro Dieci Lowering The Pipeline 62d73205d779e
Russian leader blames Western sanctions for the shutdown.
Sept. 8, 2022
Photo 172014063 © Alexander Dorn | Dreamstime.com
In Memoriam
Ravil Maganov, chairman of Russia's second largest oil producer Lukoil, died on Sept. 1 after falling from a hospital window in Moscow, a source familiar with the situation told...
Sept. 2, 2022
Photo 188129768 © Max5128 | Dreamstime.com
Construction takes place on the offshore section of the Nord stream-2 gas pipeline on the bottom of the Baltic sea.
Russia will halt gas supplies to Europe for three days at the end of the month via its main pipeline into the region, Gazprom said on Friday, piling pressure on the region as ...
Aug. 19, 2022
Courtesy Rystad Energy August 2022
Iran Direct Octg Imports Rystad Energy
Metallurgical issues could impact Gazprom’s plans to support Iran’s offshore gas field development plans, according to Rystad Energy.
Aug. 15, 2022

US & Gulf of Mexico

Courtesy Karoon Energy's Macquarie Australia Conference Presentation, May 2026
Who Dat offshore operations in the US Gulf
Murphy Oil, Harbour Energy and Karoon Energy highlight project sanctioning, drilling activity and production challenges across key US Gulf of Mexico assets.
May 13, 2026
Courtesy Talos Energy
Talos Energy's upstream offshore exploration
Talos Energy plans to spud appraisal drilling this June on its Daenerys discovery in the US Gulf, while bringing new wells online at Cardona and progressing development drilling...
May 11, 2026
Courtesy Audubon Companies
Audubon wins Shell contract for brownfield topsides work in the US Gulf
Audubon will be Shell’s engineering and procurement provider for offshore brownfield topsides projects up to $100 million total installed cost, per project.
May 11, 2026
Courtesy INEOS Energy
Sir Jim Ratcliffe and senior INEOS leadership visiting the Appomattox platform
The companies say they will target opportunities near Shell’s existing Appomattox infrastructure.
May 7, 2026
Courtesy Kiewit Offshore Services
OTC 2026 Panel traces 40 years of deepwater floating production designs
A panel of industry veterans recounts how FPU designs evolved from TLPs to spars to semis in the deepwater Gulf of Mexico.
May 7, 2026
Courtesy BSEE
OTC 2026 panel highlights HP/HT challenges, advances
Officials from Chevron, Shell and bp discuss lessons learned and expected challenges from recent and upcoming Gulf projects.
May 5, 2026