Regional Reports

Courtesy TotalEnergies
Syria signs MOU with QatarEnergy, TotalEnergies, and ConocoPhillips for offshore exploration
Latest memorandum of understanding accelerates Syria’s goal of accelerating exploration across the Levantine Basin.
May 13, 2026
Courtesy TGS
Map: TGS’ Elephant project in the Norwegian Sea
May 12, 2026
Courtesy EnergyPathways
MESH project
May 12, 2026
Courtesy BW Offshore
BW Catcher FPSO
May 12, 2026
Courtesy Harald Pettersen / ©Equinor
Illustration photo from the drilling tower on the Kvitebjørn platform
May 11, 2026
Courtesy Talos Energy
Talos Energy's upstream offshore exploration
May 11, 2026
Courtesy Cenovus Inc.
SeaRose FPSO vessel
May 11, 2026
Courtesy ConocoPhillips
offshore Ekofisk Complex, April 2024
May 11, 2026
Courtesy Audubon Companies
Audubon wins Shell contract for brownfield topsides work in the US Gulf
May 11, 2026

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Africa

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
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

Asia

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
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 DeepOcean
subsea vessel Orient Adventurer
DeepOcean and Fugro are advancing offshore wind work in Taiwan.
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 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
Courtesy bp
Atlantis Drill Center 1 expansion
The field management strategy has led to increases at Pluto and Sangomar.
Feb. 17, 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 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
Courtesy Repsol
Perla Field offshore Venezuela
The agreement for the Cardón IV could step up supplies from the Perla Field both for domestic needs and potentially for exports.
April 29, 2026
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

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

ID 60933364 © Pichetw | Dreamstime.com
M&A
The North Sea independent’s main assets include a 25% stake in Shell’s Selene gas discovery.
May 8, 2026
Courtesy Aker BP
Valhall PWP – Fenris
NOV engineered the Nymo-built module, which will recycle MEG in the pipelines connecting the Valhall and Fenris fields in the Norwegian North Sea.
May 8, 2026
Courtesy Equinor
Gina Krog platform in the North Sea
Equinor has brought the Eirin subsea tieback onstream via Gina Krog while moving a second Norwegian North Sea tie-in forward, awarding Aker Solutions a FEED contract for the Atlantis...
May 7, 2026
ID 44916222 © Per Bjorkdahl | Dreamstime.com
Baltic 1 Offshore Wind Farm
Developers and suppliers move key offshore wind projects forward in Scotland, Poland and Germany, with consent filings, cable contracts, vessel electrification solutions and ownership...
May 7, 2026
Courtesy Petrodec
OBANA recently left its dedicated yard at Vlissingen-Oost
The Petrodec vessel, formed by repurposing/merging two former drilling rigs, will also remove the Amethyst AD jacket, all for operator Perenco.
April 28, 2026
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

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 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
Courtesy Subsea7
OTC 2026: Panel delivers insights on subsea tiebacks
A lower cost, lower-emission field development technique will keep offshore competitive, panelists say.
May 5, 2026
ID 112145659 © Harris Hamdan | Dreamstime.com
A helicopter transports crew to an oil and gas floating production and storage spar in the Gulf of Mexico.
Featuring expert interviews and market analysis, the report explores the evolving landscape of the Gulf of Mexico, emphasizing safety, technology adoption and strategic project...
April 30, 2026
Courtesy Noble Corp.
Noble BlackLion drillship
With limited newbuilds ahead, Gulf of Mexico drilling contractors are increasingly focused on extending the safe, productive life of existing rigs through disciplined maintenance...
April 30, 2026