Regional Reports

ronib1979/1253637422/iStock/Getty Images Plus
Iranian attacks on shipping having impact on Persian Gulf E&P
Several Gulf states are curtailing offshore production for safety reasons, but also loss of export channels.
March 12, 2026
Courtesy Viridien
Viridien seismic
March 12, 2026
Courtesy Petrobras
P-78 has achieved first gas injection offshore Brazil
March 12, 2026
Courtesy IKM Testing
Triton FPSO
March 12, 2026
ID 406826839 © Hryhorii Turik | Dreamstime.com
Benin map and flag
March 12, 2026
ID 155630468 © Hyotographics | Dreamstime.com
Nigeria map and flag
March 12, 2026
Courtesy NSTA
NSTA granted consent to drill a carbon storage appraisal well
March 11, 2026
Courtesy BOEM
‘Big Beautiful Gulf 2’ lease sale generates nearly $47 million in high bids
March 11, 2026
Alvaro Victor/2155011277/iStock/Getty Images Plus
BOEM releases five Beaufort Sea seismic survey datasets
March 11, 2026

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Africa

Courtesy Shearwater Geoservices
Shearwater marine acquisition survey
TGS’ Laide survey will address the complex geology of the deepwater eastern Niger Delta. Both surveys have industry support.
March 2, 2026
Courtesy Mubadala Energy
Map of Mubadala Energy's offshore Egypt assets
The transaction expands the UAE company’s existing acreage in the East Mediterrean.
March 2, 2026
Courtesy Panoro Energy
Map: offshore Equatorial Guinea
Panoro Energy has agreed to acquire Kosmos Energy’s non-operated interest for $180 million.
March 2, 2026
Courtesy Technip Energies
Coral Norte FLNG project offshore Mozambique
The Coral Norte vessel will accommodate the same type of feed gas and offshore conditions.
Feb. 27, 2026
Courtesy Meren Energy
Map: Meren Energy's offshore Nigeria assets
The various partnerships are looking to build on the momentum provided by recent project approvals such as Ubeta and Bonga North.
Feb. 27, 2026
ID 170208389 © Hyotographics | Dreamstime.com
offshore Côte d’Ivoire map
The Caracal-1X well in Block CI-102 will be P&A'd after delivering only hydrocarbon shows. A third well will follow on the Bubale prospect.
Feb. 27, 2026

Asia

ID 140213029 © Hyotographics | Dreamstime.com
Timor-Leste map
The planned well will further assess the potential and characteristics of Shell’s 1998 Chuditch-1 gas discovery.
March 10, 2026
ID 439623634 © Prostockstudio | Dreamstime.com
Map: Middle East to Thailand
Both companies have pledged to prioritize production for domestic needs to offset risks to oil imports from the Middle East.
March 5, 2026
Courtesy
Duyung PSC map
The development, operated by West Natuna Exploration Limited, will involve installation of a leased MOPU and new subsea pipelines connecting to existing infrastructure.
March 5, 2026
Courtesy PTTEP
PTTEP offshore operations
The SK405 project offshore Sarawak will combine production from the Chenda and Sirung fields through two platforms, with zero routine flaring.
March 4, 2026
Courtesy Petronas' "PETRONAS Group Financial Results Announcement Year Ended 31 December 2025" presentation
Petronas offshore operations
In 2025, Petronas successfully delivered hydrocarbons from 26 projects, made 12 exploration discoveries, and secured 28 FIDs, highlighting its robust growth in Malaysia and internationa...
March 4, 2026
Courtesy Velesto Energy Berhad LinkedIn
Naga 8 offshore jackup rig
The contract will keep four Velesto jackups busy this year in Southeast Asia.
Feb. 27, 2026

Australia & New Zealand

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
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

Canada

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
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

Latin America

Courtesy United Oil & Gas Plc
Walton Basin MBES bathymetry data
Results will support United Oil & Gas’ assessment of hydrocarbon prospectivity in the offshore Walton-Morant license.
March 9, 2026
HeliRy/186697275/iStock/Getty Images Plus
Zama oilfield planning focus switched to FPSO development
The partners see this new approach as more capital-efficient compared with the earlier fixed platform concept.
March 6, 2026
jmsilva/501621560/iStock/Getty Images Plus
Venezuela plans to grant Repsol and Chevron more oil exploration and production blocks
Meanwhile, the US has issued permits that allow major oil companies to operate in Venezuela.
Feb. 28, 2026
Courtesy Brava Energia
FPSO Atlanta
OTC’s Distinguished Achievement Award for Companies recognizes Brava Energia’s execution of the Atlanta deepwater project, transforming a once “undrillable” field into a benchmark...
Feb. 27, 2026
ID 439690670 © Adam Radosavljevic | Dreamstime.com
US and Venezuela flags
As shifting US sanctions and evolving Venezuelan energy policies reshape the operating landscape, offshore companies are reassessing whether (and how) to reenter one of Latin ...
Feb. 25, 2026
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

Middle East

Courtesy bp
bp and SOCAR to collaborate on seismic and well studies in the Caspian basin
The results should support geological interpretation of the subsurface in the Azerbaijan sector, supporting future exploration.
March 10, 2026
Courtesy marinetraffic.com
Arabia III jackup rig
Earlier, the company downmanned three rigs operating in UAE, Qatari waters.
March 10, 2026
© Endeavor Business Media
Offshore and OGJ coverage on the conflict in the Middle East
This compilation highlights news, insights and updates from Offshore and Oil & Gas Journal, both EndeavorB2B brands, concerning the conflict in the Middle East.
March 10, 2026
ID 59320551 © Dbajurin | Dreamstime.com
Iran flag
The escalation of US and Israeli military actions in Iran is prompting the offshore energy sector to reassess operational risks, supply chain disruptions and market volatility...
March 6, 2026
ID 179970132 © Eugenesergeev | Dreamstime.com
offshore jackup rig in the Persian Gulf of the UAE region
Escalating conflicts involving Iran, Israel and the US have heightened risks for offshore drilling in the Middle East, disrupting logistics, increasing costs and delaying projects...
March 3, 2026
Ludovico82/1352091507/iStock/Getty Images Plus
QatarEnergy suspends work on North field expansion due to US-Iran conflict
Analysts say that the North Field Expansion (NFE) startup could slip into 2027 if regional tensions persist.
March 2, 2026

North Sea & Europe

Courtesy A/S Norske Shell
Illustration: Profitable development of tight reservoirs
The new initiative, supported by the Energy Ministry, advocates increased adoption of new technologies for drilling operations to sustain Norway’s production going forward.
March 10, 2026
Øyvind Gravås and Bo B. Randulff / ©Equinor
offshore Sleipner Field in the North Sea
Byrding C and Frida Kahlo are in the Troll and Sleipner areas respectively. Equinor plans further exploration drilling around Sleipner later this year.
March 10, 2026
Courtesy Odfjell Drilling
Equinor investigates drillfloor gas/fluid ingress during Troll well plugging
The incident, which occurred on the rig Deepsea Bollsta, injured one crew member.
March 5, 2026
Courtesy Anasuria Operating Co.
Anasuria FPSO
The North Sea Transition Authority is reviewing plans for the cluster development in the UK central North Sea.
March 5, 2026
Courtesy Bo B. Randulff / Even Kleppa - ©Equinor
Oil discovery in the Snorre area
The partners, anticipating a success, were already working on a subsea tieback scenario prior to drilling.
March 4, 2026
Courtesy Seadrill
West Elara offshore jackup rig
The West Elara jackup will deploy to the Atla, Bygve and Skirne fields close to the Heimdal complex in the North Sea, following approval from Havtil.
Feb. 26, 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 BOEM (Bureau of Ocean Energy Management)
BOEM issues national assessment of undiscovered oil and gas reserves on the US OCS
National Assessment estimates a recoverable resource of 65.80 Bbbls of oil and 218.43 Tcf of natural gas along the Outer Continental Shelf.
March 10, 2026
Courtesy: Bureau of Ocean Energy Management
US Interior Department announces ‘rollback’ of supplemental financial assurance rule
The change is expected to save industry about $484 million annually in compliance costs.
March 6, 2026
ID 78214945 © Shane Adams | Dreamstime.com
offshore rigs in the Gulf of Mexico
Consumer Energy Alliance COO Kaitlin McKay discusses how lease uncertainty, permitting delays and evolving federal policy shape offshore investment, workforce trends and long‑...
March 4, 2026
Courtesy Woodside
Woodside’s Trion project
HD Hyundai Heavy Industries and COSCO are constructing the FPU and FSO, with the first xmas tree completed by OneSubsea in Malaysia.
Feb. 28, 2026
Courtesy Seadrill
West Vela drillship
Talos is actively developing its Gulf of Mexico assets through appraisal drilling, capacity upgrades and exploration, while managing operational challenges such as well shut-ins...
Feb. 27, 2026
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