Regional Reports

Courtesy Transocean
Transocean’s Deepwater Proteus was deployed by INEOS/Shell for what would be their Nashville discovery in the Norphlet play in the Mississippi Canyon area.
Survey shows that the recent trend of subdued exploration continues, with operators emphasizing appraisal drilling and possible tiebacks to existing infrastructure.
Feb. 19, 2026
Courtesy Cenovus Energy
SeaRose FPSO vessel
Feb. 19, 2026
Courtesy bp
bp's offshore Chirag platform in the Caspian Sea
Feb. 19, 2026
ID 9713048 © Peter Rabatin | Dreamstime.com
Map: offshore southern Crete Greece
Feb. 18, 2026
Courtesy bp
Atlantis Drill Center 1 expansion
Feb. 17, 2026
Courtesy Aker BP
Ivar Aasen
Feb. 17, 2026
Courtesy ConocoPhillips
Ekofisk Complex
Feb. 17, 2026
Courtesy Shana news agency
South Pars gas production offshore Iran
Feb. 17, 2026
Mlenny/596344436/E+/Getty Images
Azule Energy announces oil discovery at Algaita-01 well offshore Angola
Feb. 17, 2026

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Africa

Courtesy Saipem
Samsung Santorini drillship
The deepwater discovery was the first in Block CI-501 offshore Côte d'Ivoire.
Feb. 16, 2026
Courtesy TGS
Map: TGS Multi-client 2D Survey Offshore Angola
A Ramform vessel is acquiring the data over a little-explored region featuring presalt and top-salt structures.
Feb. 12, 2026
Courtesy Eni
first LNG cargo from Phase 2 of Congo LNG
The newly operational vessel, the second for the Congo LNG project, will raise overall capacity to 3MMmt/year.
Feb. 9, 2026
Courtesy Perenco LinkedIn
installation of the new Kombi 2 platform on the KLL field
The platform will host a new drilling campaign later this year.
Feb. 9, 2026
ID 406826851 © Hryhorii Turik | Dreamstime.com
Angola map and flag
An existing partner in blocks 14 and 14K is set to exercise its rights to the license interests that Azule Energy had agreed to transfer to the BW Energy and Maurel & Prom partnership...
Feb. 6, 2026
Courtesy TotalEnergies
Map: PEL104 offshore Namibia
TotalEnergies will operate PEL104 in the Lüderitz Basin, with seller Eight Offshore Investments retaining a minority shareholding.
Feb. 6, 2026

Asia

ID 381997519 © Mykhailo Repuzhynskyi | Dreamstime.com
Oman map
The Block 18 concession is thought to have exploration potential in multiple geological settings.
Feb. 16, 2026
Courtesy DUG Technology (DUG) and Searcher Seismic
Map: multi-client 3D seismic data reprocessing offshore East Sarawak
The partnership will reprocess legacy 3D seismic to help E&P companies assess the remaining hydrocarbon potential offshore eastern Sarawak, Malaysia.
Feb. 16, 2026
Courtesy SLB
SLB wins contracts related to the Tangkulo deepwater project offshore Indonesia
SLB will provide ‘full well life cycle’ services for Mubadala Energy’s upcoming drilling campaign.
Feb. 12, 2026
Courtesy Petronas / www.malaysiabidround.com/brochure
Malaysia Bid Round 2026 map
The package covers frontier and high exploration-potential areas in two offshore basins and others in the Malay Basin.
Feb. 11, 2026
ID 406825016 © Hryhorii Turik | Dreamstime.com
Vietnam map and flag
EnQuest, which became operator of Block 12W last year following a transaction with Harbour Energy, has now planned further gas developments
Feb. 9, 2026
ID 414757644 © Kanruthai Khamthet | Dreamstime.com
India map and flag
Under the Open Acreage Licensing Policy, 25 blocks covering about 1.83 lakh sq km are on offer, comprising six onland blocks, six in shallow water, one deepwater block and 12 ...
Feb. 9, 2026

Australia & New Zealand

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
Courtesy TGS
TGS Bonaparte Basin map
TGS is applying modern imaging techniques to create two matched and merged datasets, which it claims will support future exploration in the area.
Jan. 23, 2026
Copyright Ole Johnny Lade / Courtesy marinetraffic.com
Transocean Equinox offshore rig
The Transocean Equinox semisubmersible rig, which has been booked by various consortia in the region on a time-share basis, will return to drilling/P&A duty for Beach Energy during...
Jan. 21, 2026
Courtesy Woodside Energy
offshore Goodwyn A platform
Wood plc will help operator Woodside Energy implement modifications to sustain production from three offshore centers connected to the NWS LNG complex.
Jan. 21, 2026
Courtesy Boskalis
Scarborough FPU tow to field
The McDermott-designed FPU, commissioned by Woodside Energy, is one of the largest semisubmersibles ever built. It will export gas from 21 wells on the Scarborough Field to the...
Jan. 14, 2026

Canada

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
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

Latin America

Courtesy Jumbo Offshore
Jumbo Offshore mooring line completion for Errea Wittu FPSO
MODEC contracted Jumbo Offshore to install suction anchors and pre-lay mooring lines for the Errea Wittu FPSO.
Feb. 16, 2026
Courtesy Shell LinkedIn
Shell Brasil operations
Shell agreed to sell a 20% stake in the Santos Basin presalt project to KUFPEC, enhancing collaboration between the companies while remaining the project's operator.
Feb. 4, 2026
Courtesy Perenco Trinidad & Tobago
Perenco T&T TSP Revitalization
The program covered the producing Teak, Samaan and Poui (TSP) fields, which Perenco has operated since 2016.
Feb. 2, 2026
Courtesy PDVSA (from X: Min. PP Hidrocarburos)
Cross-border projects offshore Venezuela, Trinidad seemingly back on track
Cross-border projects offshore Venezuela and Trinidad are seemingly back on track.
Jan. 31, 2026
ID 291352196 © Dechev | Dreamstime.com
Petrobras to buy five LPG tankers, multiple vessels for $521 million
The new fleet will be operated by Transpetro as part of Petrobras’ ‘Open Sea’ program.
Jan. 28, 2026
ID 249161602 © Alexey Novikov | Dreamstime.com
Venezuela oil output
A new Offshore reader poll shows broad but cautious optimism, with nearly three-quarters expecting Venezuela’s offshore oil production to increase over the next three years, with...
Jan. 26, 2026

Middle East

landbysea/169974402/E+/Getty Images
Syria agrees to offshore exploration deal with Chevron, Qatar’s UCC
The memorandum of understanding marks the country’s first effort to promote offshore E&P.
Feb. 11, 2026
Courtesy Subsea7
Subsea7 subsea installation vessel
Subsea7 has secured an offshore contract, worth between $150 million and $300 million, with Chevron for subsea installation in the Eastern Mediterranean region.
Feb. 10, 2026
Courtesy Shana News Agency; Samira Bigdeli
Farzad B gas field’s first offshore platform nears completion at 93%
Drilling at the Persian Gulf gas field will begin later this year following offshore installation of the 2,650-t steel structure.
Feb. 3, 2026
Courtesy QatarEnergy
QatarEnergy LNG offshore operations
The company’s framework engineering contract includes studies for the removal of 27 offshore platforms.
Feb. 3, 2026
Courtesy McDermott
McDermott marine construction vessel
The expansion scheme is part of ADNOC’s NASR Phase II full field development.
Jan. 22, 2026
ID 4255001 © Walter Graneri | Dreamstime.com
offshore Egypt oil and gas operations in the Red Sea
Egypt’s state gas company EGAS is accelerating its offshore gas projects with a new OBN program with Viridien and SLB and renewed technical collaboration with Arcius Energy, ExxonMobil...
Jan. 22, 2026

North Sea & Europe

Courtesy Norwegian Offshore Directorate
Offshore drilling illustration
The oil and gas discovery appears to have sufficient volumes for a future tie-in to the Gullfaks area offshore infrastructure.
Feb. 17, 2026
Courtesy Weatherford
Weatherford awarded multi-year integrated completions contract from TotalEnergies
Weatherford says that it will deliver its integrated well solutions to support operations offshore Denmark.
Feb. 13, 2026
Courtesy Cegal
Tenaz Energy's Dutch North Sea offshore asset
Cegal successfully executed a rapid IT and OT transition for Tenaz Energy, managing the migration of 1.6 PB of data and onboarding personnel to support the operator’s offshore...
Feb. 11, 2026
Courtesy Noble Corp.
Noble Globetrotter I
Drilling has concluded of the OMV Petrom-operated well in the deepwater Han Asparuh Block in the Black Sea. A follow-up well should follow shortly on the Krum prospect.
Feb. 4, 2026
Courtesy TenneT
Seatrium appoints Mammoet to load out TenneT substations
The three substations will be for TenneT’s 2-GW offshore grid system in the North Sea.
Feb. 4, 2026
Courtesy SmuldersHSM
Zingst Offshore Substation (OSS) Topside
The 4,700-mt structure is one of two under construction by the HSI joint venture for the Gennaker wind farm development in the Baltic Sea.
Feb. 3, 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 Sentinel Midstream LLC
Texas Gulflink deepwater port gets approval from US Maritime Administration
The proposed offshore crude oil export facility still needs to finalize financial and operational commitments, and reach FID.
Feb. 14, 2026
Courtesy Harbour Energy LinkedIn
Harbour Energy completes acquisition of LLOG Exploration
The $3.2-billion acquisition marks Harbour’s entry into the Gulf of Mexico.
Feb. 12, 2026
Courtesy TGS
Map: Engagement Phase 9 in the Gulf of Mexico
TGS has accelerated its global momentum with new seismic projects, fresh contract wins and partnerships spanning the Gulf of Mexico (GoM), Europe, Australia and North Africa.
Feb. 10, 2026
Courtesy BOEM
BOEM advances ‘Big Beautiful Gulf 2’ lease sale
BBG2 has been scheduled for March 30, 2026. It will offer approximately 15,066 unleased blocks.
Feb. 6, 2026
Courtesy Subsea7
Subsea7 wins Shell waterflood contract
Subsea7 will install SURF equipment at the Kaikias field in the deepwater Gulf of Mexico.
Jan. 29, 2026
Courtesy BW Offshore
Pioneer FPSO
The Cello and Banjo oil finds are within tieback range of the Delta House FPS.
Jan. 29, 2026