Regional Reports

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
Courtesy Repsol
Perla Field offshore Venezuela
April 29, 2026
Courtesy Woodside Energy
Woodside updates US Gulf/Mexico projects, offshore Australia decommissioning
April 29, 2026
Courtesy DeepOcean
subsea vessel Orient Adventurer
April 29, 2026
Courtesy Conrad Asia Energy
Most key contracts provisionally placed for Mako gas project offshore Indonesia
April 29, 2026
Courtesy EXMAR Offshore
Kaskida rendering
April 29, 2026
Courtesy Petrodec
OBANA recently left its dedicated yard at Vlissingen-Oost
April 28, 2026
Courtesy Beach Energy's "FY26 Third Quarter Activities Report"
Otway Basin map
April 28, 2026
ID 406825296 © Hryhorii Turik | Dreamstime.com
Gabon map with the country's flag
April 28, 2026

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Africa

Courtesy MODEC
FPSO Kwame Nkrumah MV21
Riser-based gas lift now planned at field’s western side following successful implementation on eastern side last year.
April 28, 2026
Courtesy Saipem
Saipem 12000 drillship
The results will inform future appraisal/development planning on the Rhino Resources-led PEL 285 license.
April 24, 2026
Courtesy Vaalco Energy
Vaalco operations offshore Gabon
VAALCO Energy contracted the rig for a production boosting campaign, with the first well online at the Etame Field.
April 23, 2026
Courtesy TGS
TGS 2D-cubed data
A 2D-cubed project is already underway, designed to convert reprocessed 2D data over Côte d’Ivoire’s deepwater area into a 3D volume.
April 22, 2026
ID 267529441 © Bomboman | Dreamstime.com
ADES gains contracts for four jackup drilling rigs offshore Nigeria
Three of the rigs will work for WAEP. The fourth, Shelf Drilling Scepter, will continue work for an existing client.
April 18, 2026
Courtesy Petrobras
Petrobras takes stake in further block offshore São Tomé and Príncipe
Pending approvals, the company will replace Oranto Petroleum as operator.
April 17, 2026

Asia

ID 14863220 © Look67 | Dreamstime.com
offshore rig in the Persian Gulf
The Shelf Drilling Enterprise rig should start operations toward the end of this year, working on production expansion programs and other identified drilling targets.
April 23, 2026
Courtesy Jadestone Energy's Corporate Presentation, March 2026
offshore Vietnam assets map
The development, which is set to feature an FPSO, is due to start production in 2028, with potential for tie-in prospects elsewhere on the licenses.
April 22, 2026
Courtesy Murphy Oil Corp.
Murphy offshore Vietnam operations
The potential for phased expansion of two initial developments of the LDV and HSV fields in the Cuu Long Basin remains contingent on the outcome of current and future exploration...
April 21, 2026
Courtesy Eni
Jangkrik Field offshore East Kalimantan
The Miocene discovery, thought to hold 5 Tcf in place, could be developed jointly with the nearby Gula gas field to form the company’s third production hub in the region.
April 21, 2026
Courtesy Mubadala Petroleum Thailand / marinetraffic.com
Manora Princess FSO
The company also reported that it purchased the Manora Princess FSO vessel for $15.5 million.
April 15, 2026
Courtesy ERCE's P6059 Chuditch Competent Person’s Report, February 2023
License TL-SO-19-16 PSC location map
Despite the varying water depths in the well locations, the two companies are intent on bringing in a semisubmersible rig, with operations potentially starting in 2027.
April 8, 2026

Australia & New Zealand

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
Courtesy bp
Atlantis Drill Center 1 expansion
The field management strategy has led to increases at Pluto and Sangomar.
Feb. 17, 2026
Courtesy Woodside Energy
offshore Wheatstone project
Woodside’s latest quarterly update highlights new project momentum in Australia and the Gulf of Mexico, from fresh FIDs and ongoing drilling to major decommissioning wins and ...
Jan. 29, 2026
Courtesy BW Offshore
BW Opal FPSO
Carnarvon Energy and Santos Ltd. are progressing their offshore gas and liquids projects in Australia. Santos is nearing startup of the Barossa LNG project despite commissioning...
Jan. 23, 2026

Canada

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
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

Latin America

Courtesy Petrobras
Petrobras invests $450 million in world’s largest permanent seabed seismic monitoring project
Massive fiber-optic ‘seabed ultrasound’ system will monitor geological changes in near real-time at Mero pre-salt field.
April 17, 2026
Courtesy SBM Offshore
Petrobras green-lights Sergipe-Deepwater projects offshore Brazil
SBM Offshore will be responsible for constructing and operating the two FPSOs.
April 15, 2026
Courtesy Jumbo Offshore
CoreMarine/Jumbo Offshore to manage mooring operations for two FLNG vessels in Argentina
Lead contractor CoreMarine will also perform related subsea installations.
April 14, 2026
Courtesy Petrobras
Petrobras, bp discover hydrocarbons in deepwater Campos basin
The well was drilled in nearly 3,000 m of water in block C-M-477.
April 13, 2026
ID 52011683 © Arnaldo Jr. | Dreamstime.com
Brazil flag
Buying out partner Petronas will give Petrobras a 100% operated position in the deepwater Tartaruga Verde and Espadarte-Module III fields.
April 11, 2026
Courtesy Subsea7
Seven Seas vessel
PETRONAS Suriname has partnered with the Subsea Integration Alliance to streamline offshore field development in Suriname's frontier basins, focusing on early engagement and integrated...
April 11, 2026

Middle East

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
Courtesy NewMed Energy
Resumption of Operations of the Leviathan Platform
The resumption of operations was authorized by the Ministry of Energy despite the ongoing hostilities in the region.
April 3, 2026

North Sea & Europe

Courtesy TAQA UK
Harding platform
Operator TAQA UK says the jackup platform, built for bp in the mid-1990s, has exceeded its projected design life.
April 24, 2026
Courtesy Well-Safe Solutions
Well-Safe Defender semisubmersible
Work will begin in 2026, with Well-Safe Solutions leading the contract across all well related project management, well and subsurface engineering, and offshore delivery of platform...
April 23, 2026
Courtesy Vår Energi – First quarter report 2026 presentation
Vår Energi 2026 exploration plans
Among these are the extended reach tieback of the King Field to the Ringhorne platform, and a tie-in of Vidsyn to the Fenja subsea pipelines/infrastructure.
April 22, 2026
Courtesy Cyan Sentinel
CYGNUS SENTINEL ERRV
Moreover, Cyan is building a new 65-m hybrid energy support vessel, scheduled for delivery in Q2 2027, to support offshore wind and carbon capture projects.
April 22, 2026
Courtesy OKEA
OKEA selling its 20% WI in PL1119 to Japex Norge
Although PL1119 contains a potentially commercial discovery, OKEA has opted to sell its share to Japex Norge to focus on its core Norwegian hub/exploration areas.
April 21, 2026
Courtesy Marit Hommedal / Equinor ASA
Deepsea Atlantic drilling rig
The incident occurred during handling operations onboard the Odfjell Drilling rig.
April 20, 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 Shell
Shell's Whale platform
A standout 2025 in the Gulf of America gives way to a less certain future, according to Thomas Liles, SVP of Upstream Research at Rystad Energy.
April 28, 2026
Photo by © OTC/Todd Buchanan 2025
OTC recognizes Spotlight on New Technology Award winners
This year’s award winners include new technologies in drilling, completions, subsea systems, AI and more.
April 27, 2026
RoschetzkyIstockPhoto/696104764/iStock/Getty Images Plus
Declining Gulf rig counts mask rising efficiency
Over the past 25 years, advances in deepwater drilling technology have decoupled rig counts from production volumes.
April 27, 2026
Courtesy Expro
iTONG technology in a well construction operational scenario
This Gulf of Mexico (GoM) trial demonstrates how automation and integrated data systems can deliver faster connection times, enhanced safety and predictive maintenance capabilities...
April 24, 2026
Courtesy Seadrill LinkedIn
West Vela drillship
LLOG Exploration awarded follow‑on work to the ultradeepwater drillships West Neptune and West Vela, with programs starting in August and September 2026.
April 23, 2026
ID 107469836 © Shane Adams | Dreamstime.com
offshore GoM platform
A $20‑million Gulf Futures Challenge project will examine how inactive offshore oil and gas infrastructure can be repurposed to support advanced energy, mineral recovery and workforce...
April 23, 2026