Regional Reports

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
Courtesy Seadrill
West Vela drillship
Feb. 27, 2026
ID 170208389 © Hyotographics | Dreamstime.com
offshore Côte d’Ivoire map
Feb. 27, 2026
Courtesy Seadrill
West Elara offshore jackup rig
Feb. 26, 2026
ID 439690670 © Adam Radosavljevic | Dreamstime.com
US and Venezuela flags
Feb. 25, 2026
Courtesy Saipem
Castorone vessel completed trunkline installation
Feb. 25, 2026
Courtesy Shana News Agency
Farzad field jacket heads for Iran-Saudi offshore border
Feb. 25, 2026
Courtesy Rhino Resources Ltd
Rhino Resources map of PEL85 area offshore Namibia
Feb. 23, 2026
Courtesy EnQuest
EnQuest progressing North Sea Bressay gas project
Feb. 23, 2026

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Africa

Courtesy MODEC
FPSO Prof. John Evans Atta Mills
Tullow, acting on behalf of the joint venture partners, has also entered an agreement to acquire ownership of the TEN FPSO.
Feb. 23, 2026
ID 406826839 © Hryhorii Turik | Dreamstime.com
Benin map and flag
Lime Petroleum Holding has achieved first oil at the Sèmè Field. The high costs associated with the project’s initial well could jeopardize Lime’s future.
Feb. 23, 2026
Courtesy Eni
Eni announces the start-up of Ndungu ‘full-field’ offshore Angola
The Ndungu field will produce first via the N’goma FPSO and later via the Agogo FPSO.
Feb. 20, 2026
Mlenny/596344436/E+/Getty Images
Azule Energy announces oil discovery at Algaita-01 well offshore Angola
Initial estimates indicate a discovered oil in place of approximately 500 million barrels.
Feb. 17, 2026
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

Asia

Courtesy INPEX
Indonesia approves Abadi LNG environmental assessment
Operator INPEX now expects to start initial preparations at the project site; FEED work continues for the offshore/onshore facilities.
Feb. 23, 2026
Courtesy Cairn Oil & Gas
Cairn finds more gas in Ambe block offshore western India
The well discovered the accumulation in deeper-lying reservoirs; follow-up appraisal drilling planned.
Feb. 20, 2026
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

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 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

Courtesy bp
bp's offshore Chirag platform in the Caspian Sea
bp has initiated a multi-well subsea intervention program in the Azerbaijani Caspian Sea, utilizing Oceaneering's BORIS to enhance surveillance and production efficiency, marking...
Feb. 19, 2026
Courtesy Shana news agency
South Pars gas production offshore Iran
The well adds 60 MMcf/d through the existing production facilities.
Feb. 17, 2026
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

North Sea & Europe

ID 9713048 © Peter Rabatin | Dreamstime.com
Map: offshore southern Crete Greece
Chevron will operate the ultradeepwater concessions, which contain numerous structurally complex exploration targets.
Feb. 18, 2026
Courtesy Aker BP
Ivar Aasen
In addition, Aker BP reported that all major field development projects progressed according to plan, achieving key construction, drilling, and installation milestones during ...
Feb. 17, 2026
Courtesy ConocoPhillips
Ekofisk Complex
The project will restore production to the prematurely shut-in Albuskjell, Vest Ekofisk and Tommeliten Gamma fields in the Greater Ekofisk Area offshore Norway.
Feb. 17, 2026
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

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 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 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