Regional Reports

Iuliia Antonova/264990375/iStock/Getty Images Plus
Shell farms into bp exploration prospects in Brazil and US Gulf
Shell will acquire a 50% stake in the Tupinambá block and a 30% stake in the Conifer exploration prospect; bp will remain operator in both.
Sept. 2, 2026
Sept. 2, 2026
Sept. 1, 2026
ID 155630357 © Hyotographics | Dreamstime.com
Map and flag of Angola
Sept. 1, 2026
Courtesy Valeura Energy YouTube
Wassana field offshore Thailand
Sept. 1, 2026
Aug. 31, 2026
Aug. 28, 2026
Aug. 28, 2026
Aug. 28, 2026

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Africa

The production of gas, condensate and oil comes from four fields on offshore Block CI-27.
Aug. 25, 2026
Courtesy ghanaupstream.com/Ghana Upstream Petroleum Chamber
Ghana welcomes Petrobras’ offshore exploration interest
Brazilian major Petrobras has been given the go-ahead to start exploration contract negotiations for four blocks offshore Ghana.
Aug. 21, 2026
Courtesy Lloyd's Register
LNG Bayelsa vessel
Lloyd's Register is overseeing the conversion of the LNG Bayelsa carrier into a floating storage unit for deployment offshore Gabon, supporting a project expected to add about...
Aug. 21, 2026
Courtesy Core Marine
Hilli Episeyo FLNG vessel
After eight years producing LNG offshore Cameroon, the Hilli Episeyo FLNG vessel has departed for Singapore upgrades before redeployment to Argentina LNG's planned export project...
Aug. 21, 2026
Equinor will acquire a 17.4% interest in Chevron-operated PEL 90 offshore Namibia, gaining exposure to a planned Orange Basin exploration well.
Aug. 19, 2026
Natalia Lagutkina/1313957264/iStock/Getty Images Plus
ExxonMobil awards $1.1 billion in pre-FID contracts for Rovuma Phase 1
The upstream contract awards are a clear signal of progress toward FID and commitment to the offshore gas development that underpins the project.
Aug. 18, 2026

Asia

ID 231219242 © Wan Fahmy Redzuan Wan Muhammad | Dreamstime.com
Offshore oil production platform at oil field Terengganu, Malaysia
Offshore exploration and gas development activity is accelerating across Asia-Pacific, with new acreage offerings, long-term gas agreements and advanced seismic imaging programs...
Aug. 27, 2026
Brunei Shell Petroleum (BSP) has awarded SLB a contract to help restore production from shut-in wells across multiple offshore fields.
Aug. 21, 2026
Courtesy Murphy Oil's 2Q 2026 Earnings Presentation
Lac Da Vang (Golden Camel) Platform
Murphy Oil has spud the Lac Da Trang North-1X exploration well offshore Vietnam, targeting 40 MMbbl to 80 MMbbl of recoverable resources that could be developed as a tieback to...
Aug. 11, 2026
ONGC continues to expand offshore India activity, awarding deepwater drilling support work to Fugro and 3D seismic acquisition contracts to Shearwater Geoservices.
Aug. 10, 2026
Courtesy Valeura Energy LinkedIn
MT Jaka Tarub departs Batam, Indonesia
Valeura and PTTEP are advancing the Bussabong gas project while development drilling, redevelopment and exploration activities progress across multiple Gulf of Thailand assets...
Aug. 7, 2026
The design approval agreement and AIP are among the first outcomes of the Korea-U.S. Shipbuilding Partnership Center.
Aug. 5, 2026

Australia & New Zealand

Courtesy Ole Johnny Lade, MarineTraffic.com
Transocean Equinox offshore drilling rig
Amplitude Energy has started drilling the Juliet-1 exploration well offshore Victoria, targeting a prospect with estimated prospective resources of 48.8 Bcf that could support...
Aug. 26, 2026
Courtesy Amplitude Energy LinkedIn
Orbost Gas Processing Plant in Victoria
Amplitude Energy has completed concept selection for restarting production from the Patricia-Baleen gas field offshore Victoria, with FEED expected later this year as the company...
Aug. 21, 2026
Zenith Energy will manage the permanent plugging and abandonment (P&A) of nine subsea wells in the Laminaria-Corallina fields as Australia's Northern Endeavour decommissioning...
Aug. 19, 2026
Courtesy Australia Government's Department of Industry, Science and Resources
Northern Endeavour diagram
The companies will support environmental approvals and regulatory processes for one of Australia's largest offshore decommissioning projects.
Aug. 5, 2026
Courtesy Subsea7
Subsea7 vessel
Subsea7 has won a Shell Brunei pipeline replacement contract, and INPEX has tapped Worley for engineering support.
Aug. 4, 2026
Results from the campaign will help identify offshore CO2 injection well locations and establish a baseline for future monitoring.
Aug. 3, 2026

Canada

Courtesy Allseas
Sandpiper pipelay barge
Western LNG has selected Allseas to install the offshore section of the Prince Rupert Gas Transmission (PRGT) pipeline, a key component of the planned Ksi Lisims LNG export project...
July 31, 2026
Altera Infrastructure to own and operate newbuild floater as Côte d’Ivoire ramps up to 150,000 b/d of oil.
July 6, 2026
Courtesy Colleen McConnell/Cenovus
White Rose Field offshore assets
The contractor has assisted operations since 2005, including the recent tow-out and installation of the West White Rose platform.
July 2, 2026
Courtesy Cenovus Inc.
SeaRose FPSO vessel
First oil for the West White Rose project is expected in third-quarter 2026.
May 11, 2026
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

Latin America

Courtesy Solstad LinkedIn
Normand Valiant construction vessel
Petrobras has extended the charter of Solstad Maritime's construction support vessel Normand Valiant for a two-year production support campaign offshore Brazil valued at about...
Aug. 26, 2026
Courtesy the Energy Chamber of Trinidad & Tobago
Shell shelves Aphrodite gas project offshore Trinidad and Tobago
The pause represents a setback for Trinidad and Tobago’s efforts to reverse years of declining natural gas production.
Aug. 26, 2026
ID 96208820 © Sedi78 | Dreamstime.com
FLNG vessel
Argentina LNG has applied to join Argentina's Large Investment Incentive Regime (RIGI), seeking support for a planned offshore FLNG project tied to gas from the Vaca Muerta shale...
Aug. 18, 2026
The Morpho exploration well, drilled in nearly 2,900 m of water offshore Amapá State, marks another step in Petrobras' campaign to unlock Brazil's Equatorial Margin potential....
Aug. 17, 2026
Courtesy bp LinkedIn
offshore bp personnel
Venezuela has awarded a bp-led consortium a license to develop the 4-Tcf Loran Phase 2 gas field offshore, while separate agreements also open the door to future exploration opportuniti...
Aug. 14, 2026
ID 297047817 © Naim Saat | Dreamstime.com
FPSO
Siemens Energy will supply power generation and gas compression systems for Petrobras' P-81 and P-87 FPSOs.
Aug. 10, 2026

Middle East

Image courtesy: Microsoft Copilot AI-generated illustration
AI-generated offshore oil and gas production complex offshore Abu Dhabi
ADNOC has awarded McDermott and QMW an EPCI contract to engineer, construct and install a major surface pressure boosting platform as part of the Umm Shaif Long Term Development...
Aug. 26, 2026
ID 454261098 © Deskcube | Dreamstime.com
Persian Gulf Maps and Countries
South Pars Phase 11 is expected to reach more than 1 Bcf/d of production within two months, with 11 of 27 planned wells now online as development drilling continues offshore Iran...
Aug. 18, 2026
While Chevron prepares to decommission the aging Yam Tethys platform in 2028, operators are also advancing new gas transportation infrastructure and exploration programs offshore...
Aug. 14, 2026
ADNOC says it remains ‘firmly focused’ on meeting customer needs despite an ‘exceptionally challenging’ Persian Gulf environment.
Aug. 11, 2026
TGS and EGAS have launched a 34,000-km offshore Egypt seismic reimaging program aimed at improving prospect identification and supporting future licensing activity in the Mediterranean...
Aug. 5, 2026
Courtesy NewMed Energy
Map of Cyprus Offshore Blocks
Shell expects to receive up to $720 million tied to future project milestones, with FID targeted for 2027.
Aug. 3, 2026

North Sea & Europe

Courtesy Norwegian Offshore Directorate
Ekofisk operations in the North sea
DNO will transfer interests in the Kveikje and Heisenberg discoveries and the Romsås prospect to Equinor in exchange for a sharply reduced decommissioning deposit, improving near...
Aug. 28, 2026
From Spirit Energy's well abandonment campaign and Allseas' North Cormorant removal project to new initiatives from Expro, Well-Safe Solutions and THREE60 Energy, recent developments...
Aug. 27, 2026
Courtesy ONS / AmundJanssen(@amundj)-04266
ONS 2026 audience and stage discussion
This collection features Offshore's ONS 2026 coverage, including exclusive executive interviews, project developments, technology innovations, industry news and key discussions...
Aug. 27, 2026
Courtesy Jan Arne Wold / ©Equinor
Troll A platform in the North Sea
Equinor has started gas production from the Troll Phase 3 stage 2 subsea expansion, bringing eight new wells online months ahead of schedule and below budget to accelerate recovery...
Aug. 26, 2026
The program covered installation and protection of the initial subsea facilities.
Aug. 25, 2026
Courtesy Anne-Mette Fjærli/Equinor
Norne FPSO
The Norwegian Offshore Directorate says advanced recovery techniques, including chemical EOR and CO2 injection, could help unlock stranded offshore discoveries and add hundreds...
Aug. 25, 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
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
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

Producers are looking to maximize mature assets through subsea tiebacks, platform life extension, boosting, and enhanced recovery.
Aug. 28, 2026
Courtesy Borr Drilling's Investor Presentation, May 2026
Borr Drilling jackup rig
Borr Drilling has adjusted the startup schedule for its Odin jackup as it prepares to enter the US Gulf market for the first time.
Aug. 14, 2026
BBG3 lease sale a clear improvement over the March sale, but still modest compared with the December 2025 lease sale.
Aug. 12, 2026
Courtesy Karoon Energy
Who Dat FPS
The Who Dat joint venture has approved the final investment decision (FID) on the Who Dat East development in the US Gulf.
Aug. 12, 2026
Murphy Oil is progressing a multi-well appraisal program offshore Côte d’Ivoire while targeting first oil from the Banjo and Cello developments in the US Gulf by late 2027.
Aug. 6, 2026
Courtesy Talos Energy
Talos Energy upstream exploration
Talos Energy has assumed operatorship of a 4-million-acre offshore Honduras block containing shallow- and deepwater exploration prospects, while continuing development and appraisal...
Aug. 6, 2026