Regional Reports

Courtesy Seadrill LinkedIn
West Vela drillship
LLOG Exploration awarded follow‑on work to the ultradeepwater drillships West Neptune and West Vela, with programs starting in August and September 2026.
April 23, 2026
Courtesy Well-Safe Solutions
Well-Safe Defender semisubmersible
April 23, 2026
Courtesy Vaalco Energy
Vaalco operations offshore Gabon
April 23, 2026
ID 14863220 © Look67 | Dreamstime.com
offshore rig in the Persian Gulf
April 23, 2026
ID 107469836 © Shane Adams | Dreamstime.com
offshore GoM platform
April 23, 2026
ID 324200982 © Oleg Kryuchko | Dreamstime.com
offshore oil and gas workers
April 23, 2026
Courtesy Vår Energi – First quarter report 2026 presentation
Vår Energi 2026 exploration plans
April 22, 2026
Courtesy Cyan Sentinel
CYGNUS SENTINEL ERRV
April 22, 2026
Courtesy TGS
TGS 2D-cubed data
April 22, 2026

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Africa

ID 267529441 © Bomboman | Dreamstime.com
ADES gains contracts for four jackup drilling rigs offshore Nigeria
Three of the rigs will work for WAEP. The fourth, Shelf Drilling Scepter, will continue work for an existing client.
April 18, 2026
Courtesy Petrobras
Petrobras takes stake in further block offshore São Tomé and Príncipe
Pending approvals, the company will replace Oranto Petroleum as operator.
April 17, 2026
Courtesy Deep Ocean
Simultaneous baseline subsea survey/3D scanning cuts cost of Sangomar inspections
Woodside has commissioned DeepOcean to apply this novel approach offshore Senegal.
April 16, 2026
Courtesy Eco Atlantic Oil & Gas
bp set to enter three licenses offshore Namibia as operator
Farm-in arrangement will provide the company with its first exploration opportunity in the Walvis basin.
April 13, 2026
Courtesy TotalEnergies
TotalEnergies announces Moho G oil discovery offshore Republic of Congo
The company says that the reservoir could be tied back to existing infrastructure.
April 13, 2026
Created with Grok AI
Eni, NOC find gas offshore western Libya
The well, drilled in Contract Block D, flowed gas during two tests of the Metlawi reservoir.
April 9, 2026

Asia

Courtesy Jadestone Energy's Corporate Presentation, March 2026
offshore Vietnam assets map
The development, which is set to feature an FPSO, is due to start production in 2028, with potential for tie-in prospects elsewhere on the licenses.
April 22, 2026
Courtesy Murphy Oil Corp.
Murphy offshore Vietnam operations
The potential for phased expansion of two initial developments of the LDV and HSV fields in the Cuu Long Basin remains contingent on the outcome of current and future exploration...
April 21, 2026
Courtesy Eni
Jangkrik Field offshore East Kalimantan
The Miocene discovery, thought to hold 5 Tcf in place, could be developed jointly with the nearby Gula gas field to form the company’s third production hub in the region.
April 21, 2026
Courtesy Mubadala Petroleum Thailand / marinetraffic.com
Manora Princess FSO
The company also reported that it purchased the Manora Princess FSO vessel for $15.5 million.
April 15, 2026
Courtesy ERCE's P6059 Chuditch Competent Person’s Report, February 2023
License TL-SO-19-16 PSC location map
Despite the varying water depths in the well locations, the two companies are intent on bringing in a semisubmersible rig, with operations potentially starting in 2027.
April 8, 2026
Courtesy CNOOC
Installation of Enping 15-1 Central Platform
Domestic exploration highlights for 2025 include shallow lithologic field breakthroughs in the Bohai offshore region of eastern China.
April 2, 2026

Australia & New Zealand

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
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

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 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
Courtesy Petrobras
Petrobras, bp discover hydrocarbons in deepwater Campos basin
The well was drilled in nearly 3,000 m of water in block C-M-477.
April 13, 2026
ID 52011683 © Arnaldo Jr. | Dreamstime.com
Brazil flag
Buying out partner Petronas will give Petrobras a 100% operated position in the deepwater Tartaruga Verde and Espadarte-Module III fields.
April 11, 2026
Courtesy Subsea7
Seven Seas vessel
PETRONAS Suriname has partnered with the Subsea Integration Alliance to streamline offshore field development in Suriname's frontier basins, focusing on early engagement and integrated...
April 11, 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

Courtesy OKEA
OKEA selling its 20% WI in PL1119 to Japex Norge
Although PL1119 contains a potentially commercial discovery, OKEA has opted to sell its share to Japex Norge to focus on its core Norwegian hub/exploration areas.
April 21, 2026
Courtesy Marit Hommedal / Equinor ASA
Deepsea Atlantic drilling rig
The incident occurred during handling operations onboard the Odfjell Drilling rig.
April 20, 2026
Courtesy Axess Group
Equinor broadens Axess agreement following North Sea UT trials
Two companies test an ultrasonic technique for inspecting conductors at the Troll field.
April 16, 2026
Courtesy Vår Energi
Goliat FPSO
The development would take gas currently reinjected into the Goliat field reservoir in the Barents Sea through a new subsea pipeline connection to the Hammerfest LNG plant.
April 15, 2026
Courtesy Lizette Bertelsen & Jonny Engelsvoll/Equinor
Johan Sverdrup field
A taskforce at the Norwegian Offshore Directorate (NOD) has begun investigating the feasibility of applying advanced techniques at certain fields with a profitable outcome.
April 15, 2026
Courtesy CalEnergy Resources
Map of Saturn Banks area in the North Sea
Perenco will look to improve production and connect the Blythe H2 well to its LAPS compressor.
April 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 Tim Mitchell
Tim Mitchell Anchor Project Fab Yard A
Retired Chevron Anchor project director Tim Mitchell outlines how OBN seismic, HP/HT maturity and subsea recovery are changing deepwater GoM economics.
April 22, 2026
Copyright Stuart Conway; Courtesy Shell
Perdido Platform
The region’s focus on innovation, operational integration, and infrastructure utilization not only sustains its leadership in offshore production but also offers valuable insights...
April 21, 2026
smodj/1346254637/iStock/Getty Images Plus
Hydrocarbons battle brewing offshore California
Production has resumed on the SYU system; Trump administration looks to resume leasing off California.
April 18, 2026
Courtesy 1947 Oil & Gas PLC
New US-based E&P firm, 1947 Oil & Gas PLC, seeks to build ‘E&P of scale.’
New company founded by Jeff Currie and Ivan Murphy; will have Tim Duncan as Executive Chairman; acquires Renaissance Offshore LLC.
April 17, 2026
Generated with Grok AI
Occidental announces Bandit discovery in Green Canyon Block 680
The Bandit exploration well encountered high-quality oil-bearing Miocene sands in Green Canyon Block 680, with partners evaluating appraisal and subsea tieback options.
April 9, 2026
ID 339778797 © Sarintra Chimphoolsuk | Dreamstime.com
New book ‘Offshore Oildom’ charts political battles behind US offshore oil industry
Historian Tyler Priest traces how offshore development reshaped US energy policy, law, and industry-government relations.
April 7, 2026