Iran War: Ongoing Coverage of Energy, Markets & Offshore Impact

This compilation highlights news, insights and updates from Offshore and Oil & Gas Journal, both EndeavorB2B brands, concerning the conflict in the Middle East.

The rapidly escalating conflict between Iran, the US and Israel has triggered a sweeping regional crisis that is reshaping energy security, maritime logistics and global market stability. Strikes across Iran and the wider Middle East, retaliatory drone and missile attacks, and the near‑closure of the Strait of Hormuz have disrupted crude and LNG flows, intensified operational risks and driven sharp volatility in oil markets. 

This special section consolidates ongoing coverage from Offshore and Oil & Gas Journal, providing readers with timely reporting, technical insights and expert analysis on how the conflict is affecting offshore operations, supply chains and energy markets worldwide.

As events continue to unfold, this page will serve as a central resource for understanding the implications of the Iran war on the offshore energy sector.


 

News updates:

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.
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
Courtesy Arab Drilling
Persian Gulf tensions force several offshore drillers to suspend or scale back operations
Arabian Drilling, ADES and Borr Drilling have taken precautionary measures in GCC waters amid regional conflict.
March 29, 2026
ID 157008299 | Background © Ruletkka | Dreamstime.com
Flags of Iran and Qatar
Qatar LNG and Iran’s South Pars are among the worst affected, according to Rystad Energy analysis.
March 26, 2026
ID 388515537 © Win Nondakowit | Dreamstime.com
Strait of Hormuz map
At CERAWeek, Dr. Al Jaber says when Hormuz is squeezed, the pressure is felt everywhere, and the world pays, from factories to families.
March 24, 2026
Courtesy Energean
Energean Power FPSO
Construction activity has progressed for the multi-field tieback to the Karish gas FPSO, where operations were recently suspended at the request of Israel’s government.
March 19, 2026
matejmo/2208992548/iStock/Getty Images Plus
US-Israeli strike on Iranian South Pars gas field escalates Persian Gulf conflict
Tehran threatens to respond in kind; Brent crude prices shoot up 5% to above $108/bbl.
March 19, 2026
Courtesy TotalEnergies
TotalEnergies offshore operations
Production has been shut down or is in the process of shutting down in Qatar, Iraq and UAE offshore, representing about 15% of TotalEnergies' total output.
March 13, 2026
Courtesy marinetraffic.com
Arabia III jackup rig
Earlier, the company downmanned three rigs operating in UAE, Qatari waters.
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
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
Courtesy NewMed Energy
Leviathan Field offshore Israel
Production halt will temporarily impact supplies to Israel’s grid and to neighboring countries.
March 2, 2026

 

Commentary and analysis:

The Offshore editorial team wrote or arranged the material for this special section, putting a strong emphasis on critical energy topics impacting the offshore sector. You'll need free site-access membership to view some of the articles below. If you are not already a registered website user, you can sign up for free.

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
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

 

Oil & Gas Journal coverage:

Our sister publication, Oil & Gas Journal, is also delivering ongoing analysis of how the war in Iran is shaping energy markets, industry economics and operational realities.


 

From the archive:

ID 94513725 © Thomas Carpenter | Dreamstime.com
oil and gas operations offshore Egypt
The Middle East offshore sector is undergoing a dynamic transformation, driven by innovation, strategic reinvestment and evolving market demands.
Oct. 29, 2025