Regional Reports

Courtesy Odfjell Drilling
Deepsea Yantai offshore drilling rig
Tieback options are under review following the latest appraisal well on the 2023 gas-condensate discovery.
June 23, 2026
Courtesy Mariner field in the UK North Sea
Mariner field in the UK North Sea
June 23, 2026
ID 127866619 © Rose Villote | Dreamstime.com
Southeast Asia map
June 23, 2026
Courtesy Harald Pettersen / ©Equinor
Troll B platform in the North Sea
June 22, 2026
Courtesy Jan Arne Wold / ©Equinor
Troll A platform in the North Sea
June 22, 2026
Courtesy Vår Energi
Vår Energi sanctions further expansion of North Sea Balder area
June 18, 2026
Courtesy DeepOcean
bp sticks with DeepOcean for Foinaven subsea structures removal
June 18, 2026
Courtesy Esso and Woodside Energy's "Bass Strait pipeline network" poster, August 2023
Bass Strait pipeline network
June 18, 2026
Courtesy Kosmos Energy
Equatorial Guinea Offshore Production Assets
June 18, 2026

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Africa

Courtesy Pharos Offshore Group
Q1000 jet trencher
The program involved a collaboration between Rana Subsea and technology supplier Pharos.
June 16, 2026
Courtesy Borr Drilling LinkedIn
Borr Drilling offshore jackup rig
The offshore rig has since transferred to the SEENT platform to drill two more development wells.
June 15, 2026
Courtesy MODEC
FPSO Kwame Nkrumah MV21
The current production boosting campaign is drawing to a close.
June 10, 2026
Courtesy Shell
Shell advances exploration in Namibia’s Orange Basin with latest well results
The Merlin-1X well delivers ‘the most promising subsurface results to date’ in PEL 0039, says Shell.
June 10, 2026
Courtesy MODEC
FPSO Baobab Ivoirien
The FPSO had undergone refurbishment ahead of a new round of development drilling.
June 9, 2026
Courtesy QatarEnergy
QatarEnergy announces new oil discovery offshore Namibia
The company reports ‘encouraging’ oil shows from the Merlin-1X exploration well.
June 9, 2026

Asia

ID 140212923 | Business © Hyotographics | Dreamstime.com
Malaysia map and flag
If the transaction goes through, the company will add 57,400 boe/d to its current global production.
June 15, 2026
ID 57909215 © Curraheeshutter | Dreamstime.com
offshore oil and gas operations
PTTEP, Pertamina and Petronas Carigali are among the signatories to the initiative.
June 9, 2026
Courtesy Eni
Merakes gas field offshore Indonesia
The Searah joint venture will invest more than $20 billion in exploration and development to raise production above 500,000 boe/d.
June 8, 2026
Courtesy Mermaid Maritime Public Company Limited
Mermaid Commander DSV
A new venture in Singapore will market and operate the Mermaid Commander vessel following repairs.
June 8, 2026
Courtesy Conrad Asia Energy
Map of Duyung PSC and Mako gas field
Development drilling at the Mako Field in the Natuna Sea is due to begin in second-quarter 2027.
June 8, 2026
Courtesy INPEX
Map of Barong Working Area
The mid- to deepwater concession is in an area which has yielded several oil and gas discoveries.
June 3, 2026

Australia & New Zealand

Courtesy Woodside Energy
Map: Browse to NWS Project
The company plans to match CNPC’s terms for selling a 10.67% share in the multi-field development offshore Western Australia.
June 12, 2026
Courtesy VesselFinder.com
Transocean Equinox offshore rig
Santos and its partners intend to test multiple prospects in the same region as the Dorado oilfield development.
June 2, 2026
Courtesy Allseas
Pioneering Spirit construction vessel
Allseas’ Pioneering Spirit will start work for Esso and its partners next year on platform removals.
June 1, 2026
Courtesy www.vesselfinder.com
Transocean Equinox offshore rig
Amplitude Energy/O.G. Otway plan a tie-in development to an offshore pipeline connected to the onshore Athena Gas Plant.
May 27, 2026
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 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

Canada

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
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

Latin America

Courtesy SLB
SLB workforce training and development
The two parties plan to collaborate to modernize the country’s oil and gas industry in terms of digital capabilities, production efficiency and workforce skills.
June 12, 2026
Photo 42701688 © Vinnstock | Dreamstime.com
Data briefs for Offshore magazine
At-a-glance statistics provide an analysis of the offshore energy industry.
June 12, 2026
Courtesy Noble Corp.
Suriname emerges as a high-potential offshore E&P frontier
The next two to three years could see development drilling and new project FIDs.
June 11, 2026
Courtesy Ole Jørgen Bratland/Equinor
Equinor worker in the Campos Basin Pre-salt Polygon
The Brazilian state company will become a 50:50 partner in the Itaimbezino Block, subject to approvals.
June 10, 2026
Courtesy Ocean Installer
Ocean Installer to perform Bacalhau project’s well tie in scope
Over a 4.5-year period, the company will install rigid jumpers, flying leads and perform pre-commissioning for operator Equinor.
June 9, 2026
ID 140219742 © Hyotographics | Dreamstime.com
Guyana map and flag
New flex-lay support, FPSO equipment orders and pipeline contracts are progressing key Stabroek Block developments offshore Guyana.
June 5, 2026

Middle East

Courtesy bp
offshore Central Azeri PDQ
The C44 well, drilled from the West Azeri platform, is said to be the first multilateral drilled in the Caspian Sea.
June 4, 2026
Courtesy bp
Central Azeri operations in the Caspian Sea
Production comes from an initial well drilled in the Qirmaki Lower Send reservoir beneath the oil reservoirs.
June 1, 2026
ID 137641181 © Butenkow | Dreamstime.com
Qatar map and flag
The company has farmed into three large offshore blocks in Uruguay alongside Shell and APA and has also signed an MoU with ExxonMobil and Egypt to evaluate development options...
May 26, 2026
Courtesy TotalEnergies
Map of Mou offshore Egypt exploration area
The two parties have entered an MoU for the acreage in the Mediterranean Sea, starting with technical studies.
May 14, 2026
Courtesy TotalEnergies
Syria signs MOU with QatarEnergy, TotalEnergies, and ConocoPhillips for offshore exploration
The latest memorandum of understanding (MoU) helps establish Syria’s goal of accelerating exploration across the Levantine Basin.
May 13, 2026
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

North Sea & Europe

Courtesy DeepOcean
ROV operations by DeepOcean
The program was performed remotely from Haugesund, in partnership with DeepOcean.
June 17, 2026
Courtesy Arne Reidar Mortensen / ©Equinor
Johan Sverdrup field in the North Sea
The Phase 4 subsea development would focus on the Tonjer and Geitungen oil resources, which have recently undergone appraisal.
June 16, 2026
ID 217061616 © Scharfsinn86 | Dreamstime.com
Getting green hydrogen from renewable energy sources
A University of Aberdeen spin-out has unveiled a seawater-based process for producing green hydrogen, aiming to cut costs and remove freshwater constraints in coastal and offshore...
June 12, 2026
Courtesy Saab
PXGEO prepares test run of intervention drone offshore Norway
The program will verify the Saab Sabertooth’s autonomous inspection capabilities for Equinor
June 11, 2026
Courtesy ABB/CNOOC
ABB upgrading automation, control equipment at North Sea Buzzard field
The program should allow the platform to remain in operation during the installations.
June 11, 2026
Courtesy Aker BP
Aker BP’s exploration strategy
Under the five-year arrangement, the Norwegian operator aims to deploy innovative techniques to support exploratory drilling and field development.
June 10, 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 bp
bp reportedly initiates sale of minority interests in Kaskida, Tiber projects
The two projects still form a core part of bp’s plan to invest around $10 billion in its US Gulf Paleogene developments.
June 16, 2026
ID 25500068 © Su Xingmin | Dreamstime.com
Gulf of Mexico map
Beacon Offshore Energy's developments in Walker Ridge and Mississippi Canyon are progressing well, with plans for further drilling and production activities.
June 16, 2026
Courtesy Shell
Shell’s Mars platform reaches historic 1-billion barrel milestone
Now more than 30 years old, the TLP is expected to produce for another 15 years or more.
June 13, 2026
Courtesy Woodside Energy
Trion FPU offshore Mexico
NYK would take a 45% interest in the FSO vessel, which SBM is due to operate for Woodside over a 20-year period.
June 5, 2026
Courtesy Delfin Midstream
Delfin Midstream announces $5-billion FID for first FLNG vessel
First FLNG facility in the US will have the largest liquefaction capacity of any floating project globally.
June 3, 2026
Courtesy Delfin Midstream
Delfin Midstream awards $2.9-billion FLNG construction contract to Samsung Heavy Industries
The Delfin LNG project is poised to become the first US offshore LNG export facility utilizing floating production technology.
June 3, 2026