Regional Reports

Courtesy Northern Ocean Ltd. LinkedIn
Deepsea Mira offshore rig
Both the contracts with Valaris and Northern Ocean contain options for extensions.
Dec. 12, 2025
Courtesy Viridien
Viridien Full Waveform Inversion (FWI) model
Dec. 12, 2025
Courtesy Acteon
Intermoor worker performs quality assurance for Petrobras
Dec. 12, 2025
ID 2875315 © Richard Griffin | Dreamstime.com
Carbon dioxide symbol in the sky
Dec. 12, 2025
Courtesy Harbour Energy LinkedIn
BW FPSO under contract for Harbour Energy offshore operations
Dec. 12, 2025
Courtesy Ithaca Energy LinkedIn
Safe Caledonia arrives at the Captain Field
Dec. 12, 2025
Courtesy Equinor
offshore Johan Castberg field with subsea installations
Dec. 12, 2025
Courtesy Bluewater
FPSO Aoka Mizu sailing from Dubai to Europe
Dec. 11, 2025
Courtesy Chevron Australia
Gorgon stage 3 subsea arrangement
Dec. 11, 2025

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Africa

Courtesy TotalEnergies
TotalEnergies' Namibia PEL83 map
Subject to approval by Namibia’s government, TotalEnergies would take a 40% operated interest from Galp in the Mopane discovery, in exchange ceding 10% of its interest in the ...
Dec. 9, 2025
Courtesy Borr Drilling LinkedIn
Borr Drilling's Norve rig
The current infill well from the Etame platform will be followed by further wells and workovers from other platforms to sustain production and potentially raise reserves.
Dec. 9, 2025
Courtesy PetroNor E&P
Map: The Gambia A4 license
PetroNor E&P exits from The Gambia’s Block A4 license and provides updates on infill drilling operations offshore the Republic of Congo.
Dec. 8, 2025
Courtesy Eni
Nguya FLNG
The project will produce gas from two offshore fields via three production platforms, a former Saipem drilling rig converted for gas treatment compression, and the Nguya FLNG....
Dec. 4, 2025
Courtesy TotalEnergies
TotalEnergies operations offshore Nigeria
The exploration licenses were awarded to TotalEnergies and South Atlantic Petroleum earlier this year, and Chevron’s decision builds on its recent global exploration cooperation...
Dec. 2, 2025
Courtesy Angola LNG
Angola starts up first non-associated gas development
Production from the offshore Quiluma and Maboqueiro fields is heading to the new Soyo treatment plant.
Dec. 1, 2025

Asia

ID 138549745 | Road © Hyotographics | Dreamstime.com
Brunei map
PETRONAS Carigali has awarded McDermott and MISC Berhad major contracts for engineering, installation, and floating production services to support Brunei’s offshore gas development...
Dec. 10, 2025
Courtesy Prime Group
Prime Natuna Energy's Block B map
Harbour Energy has agreed to sell its operated stakes in producing oil and gas fields in the Natuna Sea to Prime Group.
Dec. 10, 2025
ID 415629618 © Singgih Pramono | Dreamstime.com
a jackup rig in the Java Sea offshore Indonesia
The Konta gas discovery could hold upside beyond 1 Tcf and may be developed with other proven accumulations in the area.
Dec. 9, 2025
Courtesy CNOOC
Weizhou 11-4 Oilfield Adjustment and Satellite Fields Development Project
The shallow-water development in the Beibu Gulf features bridge-linked wellhead and central processing platforms and 28 production wells.
Dec. 4, 2025
Courtesy Amplus Energy
Petrojarl I FPSO
The FPSO, which has served multiple previous field developments offshore Norway, the UK and Brazil, is undergoing a scoping exercise at a shipyard in the Canary Islands.
Dec. 4, 2025
Courtesy McDermott
McDermott installs pipelines, platforms for three-field Shell project offshore Sarawak
The vessel DLV2000 handled the entire work scope for the FaS project, operated by Sarawak Shell.
Nov. 28, 2025

Australia & New Zealand

Courtesy Transocean LinkedIn
Deepwater Skyros drillship
The Deepwater Skyros drillship will begin the initial 320-day campaign in 2027.
Dec. 9, 2025
Courtesy Woodside Energy
Axess Group completes Scarborough FPU safety management review
The review appraised the structural strength of the new platform ahead of its delivery to Woodside.
Nov. 26, 2025
Courtesy McDermott
Removal and disposal of the Campbell platform structure offshore Australia
A report prepared by Xodus for the Australian government says the cost of removing Australia’s full offshore infrastructure by 2070 could be almost AUD$20 billion (US$12.9 billion...
Nov. 25, 2025
Courtesy vesselfinder.com
Transocean Equinox semisubmersible offshore drilling rig
ConocoPhillips’ initial exploration well in the Otway Basin appears to have delivered the targeted gas, and SLB will perform wireline formation tests to analyze the find further...
Nov. 19, 2025
Courtesy Transocean
Transocean Equinox rig
ConocoPhillips and its partners will use the semisubmersible Transocean Equinox to drill the Essington gas prospect in shallow water offshore Victoria.
Oct. 29, 2025
Courtesy INPEX
Map of Block G-7-AP offshore Australia
The two companies are working on separation and capture of CO2 in Japan, followed by transport to northern Australia for injection into the offshore Bonaparte Basin.
Oct. 21, 2025

Canada

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
Courtesy Van Oord
Van Oord completes ballasting and scour protection for offshore West White Rose project
Work started in 2024 with installation of a seabed preparation layer at the platform’s offshore location. Pipeline stabilization will begin shortly.
Aug. 29, 2025
Courtesy Allseas
Pioneering Spirit delivers first topsides offshore Canada
From heavy-lift operations to pipelaying, Allseas' Pioneering Spirit, Lorelay and Solitaire vessels have been busy working on offshore Canada and North Sea projects.
July 24, 2025
Courtesy Cenovus Energy LinkedIn
West White Rose gravity structure nearing tow-out
Preparations are underway for towing the concrete structure to its site location offshore Newfoundland & Labrador.
May 8, 2025
Courtesy Suncor Energy Inc.
Cenovus probes dropped object incident on SeaRose FPSO
Recently upgraded vessel experienced motions after a container was landed in the laydown area.
March 12, 2025

Latin America

Courtesy BGP
BGP Prospector vessel
The project, a partnership with Suriname’s state-owned Staatsolie, is designed to firm up the exploration potential of a nearshore region.
Dec. 2, 2025
herraez/iStock Editorial/Getty Images Plus
Petrobras outlines production expansion, frontier exploration goals
Company’s new five-year E&P plan covers potential investments totaling $109 billion.
Nov. 29, 2025
Courtesy Challenger Energy
Eni set to take control of offshore Uruguay exploration block
With government approval, Eni will become operator of Block OFF-5 in partnership with YPF.
Nov. 26, 2025
Courtesy Exxon Mobil
ONE GUYANA FPSO vessel
The Yellowtail FPSO on the Stabroek Block has reached its full initial production capacity.
Nov. 19, 2025
Courtesy TGS
TGS Seismic Map: Pelotas Norte Basin
The survey covers approximately 14,800 sq km over 21 exploration blocks in the Pelotas Basin offshore southern Brazil.
Nov. 18, 2025
Courtesy Petrobras
Map: Sudoeste de Tartaruga Verde Block offshore Brazil
The discovery on the block, which was awarded in 2018, will undergo further analysis that will support further studies of the area’s exploration potential.
Nov. 18, 2025

Middle East

Courtesy Masirah Oil
Block 50 operations offshore Oman
Following a bonds placement, Masirah Oil can proceed with a new multi-well campaign to boost oil production from the Yumna Field in offshore Block 50.
Dec. 10, 2025
Courtesy Strategic Marine
Strategic Marine delivers two Fast Crew Boats to NMDC LTS
The purpose-built fast crew boats have been designed for Middle East offshore operations.
Dec. 8, 2025
Courtesy Shana News Agency
Drilling of Belal development wells begins
Drilling, pipelay and deck construction are taking place in parallel at the Belal Field in the Persian Gulf.
Dec. 2, 2025
Courtesy Qatar Petroleum
KBR wins detailed engineering contract for Qatar redevelopment project
The project seeks to extend the production life and capacity of the Bul Hanine Field.
Nov. 25, 2025
Courtesy Shana News Agency
WHP1 platform jacket will soon be loaded out
POGC has commissioned Iranian Offshore Engineering and Construction Co. to build the 2,650-t wellhead platform jacket for the Farzad B gas field project.
Nov. 24, 2025
Courtesy BlueMarvel AI
BlueMarvel AI's OperationsMetrics software
ADNOC and BlueMarvel have partnered through an MoU to leverage AI for optimizing operations at ADNOC's Middle East facilities, starting with a proof-of-concept in alarm management...
Nov. 12, 2025

North Sea & Europe

Courtesy Navitas Petroleum Development and Production
Sea Lion Phase 1 consists of drilling 11 subsea wells tied back to an FPSO vessel
Operator Navitas Petroleum and partner Rockhopper Exploration have finalized their investment decision on the Sea Lion project, located near the Falkland Islands, with first oil...
Dec. 10, 2025
Courtesy TotalEnergies
offshore Culzean installation in the North Sea
The combination would create one of the largest UK North Sea independents, producing more than 250,000 boe/d.
Dec. 9, 2025
Courtesy Øyvind Hagen/Equinor
Gullfaks A offshore platform
Wood has secured a new $27 million engineering, procurement, construction and installation (EPCI) contract with Equinor to deliver critical infrastructure upgrades for the Snorre...
Dec. 8, 2025
Courtesy Gudmund Nymoen / ©Equinor
Norne FPSO in the Norwegian Sea
Verdande, a 36-MMbbl oil and gas field, will help prolong the life of the host Norne FPSO beyond 2030.
Dec. 5, 2025
Courtesy Anasuria Operating Co. Ltd. (AOC)
Anasuria FPSO
In the UK North Sea, Anasuria Hibiscus’ Teal West development well appears to have intersected more oil and gas than expected.
Dec. 5, 2025
Courtesy COSL
COSL Prospector offshore drilling rig
The Goliat North discovery will be factored into a potential area-wide development for a tieback to the Goliat FPSO.
Dec. 5, 2025

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

ID 25500068 © Su Xingmin | Dreamstime.com
Gulf of Mexico map
Thirty companies participated, with bp, Chevron and Shell among the top bidders, reflecting the offshore industry's confidence in Gulf of Mexico development.
Dec. 10, 2025
Courtesy Chevron
Chevron announces 2026 capex budget of $18 to $19 billion
Global offshore capex is expected to be approximately $7.0 billion, primarily supporting growth in Guyana, Eastern Mediterranean and the ‘Gulf of America.’
Dec. 4, 2025
ID 125685583 © Theerapong28 | Dreamstime.com
offshore digital connectivity in the Gulf of Mexico
Nokia partners with Tampnet to implement 5G private wireless technology across the Gulf of Mexico, covering over 120 base stations and extending to numerous offshore assets, enhancing...
Dec. 2, 2025
Courtesy Allseas
Enbridge books Allseas’ Solitaire for multiple deepwater Keathley Canyon pipeline jobs
The Solitaire pipelay vessel will lay four export oil and gas pipelines, totaling over 515 km in length.
Nov. 28, 2025
Courtesy bp
Seatrium wins EPC contract for Tiber floating production unit
Over 85% of the Tiber FPU will replicate the Kaskida FPU, enabling design efficiencies and incorporating lessons learned.
Nov. 26, 2025
Photo 42701688 © Vinnstock | Dreamstime.com
Data briefs for the offshore energy market
At-a-glance statistics provide an analysis of the offshore energy industry.
Nov. 24, 2025