Regional Reports

ID 98116129 © Maciej Mienciuk | Dreamstime.com
Offshore jackets in oil field in Arabian Gulf
Operators across the Middle East are pursuing offshore growth while integrating emissions reduction measures, CCS and electrification into long-term project planning.
Nov. 3, 2026
Nov. 3, 2026
Source: Microsoft Copilot-generated illustration based on publicly reported field and basin locations.
Map of the US Gulf of Mexico highlighting the Trailblazer exploration prospect and nearby producing hubs
Nov. 3, 2026
Courtesy Jakub Szczepaniak / MarineTraffic.com
Transocean's Deepwater Mykonos drillship
Nov. 3, 2026
Courtesy VesselFinder.com
Prospector 5 Rig prior to incident
Nov. 3, 2026
Nov. 3, 2026
Courtesy OEG
GPS Mudskip
Nov. 3, 2026
Nov. 2, 2026
Oct. 30, 2026

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Africa

French major signs farm-out agreement with SAPETRO to help develop block OPL257.
Oct. 30, 2026
DeepOcean will perform engineering, disconnection, re-termination and reconnection services for a gas-lift riser linking the FPSO Kwame Nkrumah to the Jubilee Field subsea production...
Oct. 29, 2026
ID 60440903 © Nightman1965 | Dreamstime.com
Three bodies recovered following jackup rig incident offshore Gabon
Two of the 115 staff onboard the Prospector 5, which sank last Saturday, remain unaccounted for.
Oct. 29, 2026
Preliminary info indicates that the rig experienced a punch-through event—one of its legs unexpectedly penetrated the seabed.
Oct. 25, 2026
Courtesy Libya’s National Oil Corporation
Offshore construction activities at Libya's Bouri field
Mellitah Oil & Gas has completed the offshore Bouri Gas Utilization Project, enabling recovery of previously flared associated gas for Libya's domestic power market while supporting...
Oct. 21, 2026
Cameroon has extended the offshore Thali license through October 2027, allowing Tower Resources to progress a farm-out agreement, secure a rig contract and prepare for drilling...
Oct. 20, 2026

Asia

Carigali-PTTEPI Operating Co. has awarded Energy Drilling a 30‑month contract for Phase 7 drilling in the Malaysia‑Thailand Joint Development Area, keeping the T‑16 tender-assist...
Oct. 29, 2026
Courtesy Microsoft Copilot AI-generated image
Offshore platform at sunset with Southeast Asia map overlay
The Indonesian E&P company said its investment follows a review of Jadestone’s producing and development assets across Australia, Malaysia, Vietnam and Indonesia, and supports...
Oct. 29, 2026
ID 231219242 © Wan Fahmy Redzuan Wan Muhammad | Dreamstime.com
Offshore oil production platform at oil field Terengganu, Malaysia
PETRONAS and PetroVietnam are pursuing new energy opportunities, Vantris Energy has secured installation work offshore Malaysia, and Seascape Energy has expanded its Temaris gas...
Oct. 20, 2026
mcKensa/2226747664/iStock Unreleased/Getty Images
Seascape gains provisional extension to small fields area offshore Malaysia
The company sees potential to expand a proven gas play in the current Temaris PSC.
Oct. 16, 2026
Courtesy Murphy Oil Corp.'s "Barclays 40th Annual Energy-Power Conference 2026"
Lac Da Vang (Golden Camel) Platform
Production has started from the Lac Da Vang development offshore southern Vietnam, while a nearby exploration well encountered 131 ft of net oil pay that could potentially be ...
Oct. 15, 2026
Eni has agreed to sell interests in multiple offshore Indonesian production sharing contracts to Pertamina and Medco Energi, covering producing fields, major gas developments ...
Oct. 12, 2026

Australia & New Zealand

Courtesy Microsoft Copilot AI-generated image
Conceptual illustration of the Bonaparte CCS project
The Bonaparte CCS project offshore northern Australia has entered FEED, with INPEX set to become majority owner and operator of a development that could store up to 443 million...
Oct. 29, 2026
Woodside reported progress on major gas developments including Browse, Scarborough and Pluto LNG, while Santos advanced CO₂ storage appraisal work in the Bonaparte Basin and Beach...
Oct. 22, 2026
Courtesy INPEX
Bonaparte CCS map
Australia has declared the Bonaparte offshore saline aquifer suitable for greenhouse gas storage, advancing a CCS project that could cut emissions from the offshore Ichthys LNG...
Oct. 19, 2026
Photo by Ola Moen; Courtesy MarineTraffic.com
Transocean Equinox semisubmersible drilling rig
Following the recent Julie gas discovery, partners have sanctioned the Nestor exploration well, which could add future production to the East Coast Supply Project offshore Victoria...
Oct. 19, 2026
Courtesy Ole Johnny Lade, MarineTraffic.com
Transocean Equinox offshore drilling rig
Carnarvon Energy expects a new exploration drilling campaign in the Bedout Sub-basin to begin in April 2027, with the Ara prospect viewed as the most likely initial target.
Oct. 13, 2026
Regulatory foundations are now in place as the development heads toward FID.
Sept. 28, 2026

Canada

The project is currently finalizing the front-end engineering and design studies, moving toward FID.
Oct. 9, 2026
Courtesy Ithaca Energy
Terra Nova FPSO
Ithaca Energy's first international acquisition would add interests in the Terra Nova and White Rose fields offshore Newfoundland and Labrador, boosting reserves and positioning...
Oct. 6, 2026
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

Latin America

The structure is similar to the design Allum supplied for the Wilhelmshaven FSRU in Germany in 2023.
Oct. 23, 2026
Phase 1 will reprocess more than 10,000 sq km of legacy seismic data across offshore Guyana, with early results expected in early 2027.
Oct. 21, 2026
The ABS-classed Starnav Elektra has been delivered for long-term service supporting Petrobras offshore operations, featuring battery-powered DP capabilities designed to reduce...
Oct. 15, 2026
For offshore suppliers, the bigger story behind Petrobras' Morpho discovery may be the emerging need for logistics, marine support and infrastructure investment across northern...
Oct. 14, 2026
Courtesy Divulgaçao_Petrobras
P-78 FPSO offshore Brazil
The four-year agreement covers inspection, maintenance and training for Framo pumping systems operating across nearly 30 Petrobras FPSOs.
Oct. 12, 2026
Courtesy SBM Offshore
ONE GUYANA FPSO
Production from the giant offshore Guyana development has exceeded 1 billion barrels, with ExxonMobil targeting startup of the Uaru project later this year and additional developments...
Oct. 8, 2026

Middle East

ID 183531992 © Dunja Dretvic | Dreamstime.com
An offshore oil platform with workers standing on it
Offshore operators are increasingly viewing psychological safety, fatigue management and workforce wellbeing as operational-risk issues rather than standalone HR concerns, according...
Oct. 29, 2026
Seela Energies will manage the partners' combined 20% interest in the ADNOC-operated offshore project, which is expected to produce more than 1.8 Bcf/d of gas and 150,000 bbl/...
Oct. 29, 2026
The first well in the offshore Yumna Field infill program is now underway, with production expected to begin next month.
Oct. 21, 2026
Vallourec will provide more than 16,000 metric tons of OCTG and line pipe for the Absheron gas development in the Azerbaijani sector of the Caspian Sea.
Oct. 13, 2026
sefa ozel/2210145723/iStock/Getty Images Plus
KBR supporting Aramco’s offshore Marjan field upgrades project
The contractor will manage engineering for offshore processing, gas compression enhancements.
Oct. 9, 2026
Energean says its deepwater Katlan gas-condensate development offshore Israel remains on track for first production in H1 2027, with key subsea infrastructure installed, production...
Sept. 9, 2026

North Sea & Europe

A North Sea well abandonment campaign demonstrates how continuous gas monitoring, targeted detection and pre-planned controls helped manage benzene and H2S exposure risks while...
Oct. 26, 2026
Aibel will perform FEED work for the Wisting FPSO topsides, supporting concept selection and project maturation as Equinor and its partners prepare to decide on the Barents Sea...
Oct. 22, 2026
The proposed Atlas CCS network would transport captured industrial CO2 from European emission hubs to a permanent offshore storage site in Norway's North Sea, targeting first ...
Oct. 22, 2026
Officials reportedly say that Rosebank would emit roughly seven times the carbon of the Jackdaw project, and contribute less to UK energy security.
Oct. 22, 2026
The government accepts that the impact on future UK emissions will not be significant.
Oct. 21, 2026
Courtesy Serica Energy
Bruce hub UK North Sea operations
The company is nearing a rig contract for a 2027-28 UK North Sea campaign focused on Bruce field developments, while progressing multiple gas tieback projects and exploration ...
Oct. 20, 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

Tieback to the Perdido spar fits Shell’s strategy of maximizing existing deepwater hubs.
Oct. 29, 2026
The company says that it won two offshore lease blocks in the Big Beautiful Gulf 3 Lease Sale.
Oct. 26, 2026
TechnipFMC and bp have agreed to collaborate on the potential deployment of 20,000-psi subsea production systems for bp's Paleogene developments, aiming to improve project predictabilit...
Oct. 21, 2026
The agreement establishes a framework for selected short-distance subsea tie-ins in the Gulf of Mexico, with the Appomattox gas-lift flowline identified as the first proposed ...
Oct. 15, 2026
Industry reports indicate that precautionary shut-ins have removed roughly a quarter of US Gulf oil output as of midweek.
Oct. 9, 2026
The Caribbean offshore sector is seeing renewed activity as operators pursue natural gas developments, new exploration opportunities and cross-border partnerships.
Sept. 29, 2026