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U.S.-headquartered LLOG Exploration is closing in on the first oil production from a deepwater project in the U.S. Gulf of Mexico as a floating production unit (FPU) destined for work at this oil development achieves refurbishment progress, which is expected to be wrapped up soon. The post First oil from ‘world class’ Gulf of Mexico project on track for mid-2025 as FPU nears completion appeared first on Offshore Energy.

The year 2024 was marked by innovative projects in the maritime industry which witnessed the increased adoption of various wind propulsion solutions. Toward year’s end, a ‘revolutionary’ new solar sails-equipped cruise ship concept hit the headlines. The post Levelling up maritime decarbonization game: Captain Arctic, a new solar sails/electric cruise ship concept appeared first on Offshore Energy.

Serica Energy is progressing with a phased restart of oil and gas production at an FPSO in the North Sea, which is working on its oil and gas assets on the UK Continental Shelf (UKCS). The post Phased FPSO restart underway as COSL prepares to drill next well in North Sea appeared first on Offshore Energy.

Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation. The post PM wants Vietnam’s first LNG power plants online by June as delays loom appeared first on Offshore Energy.

Axess Technologies has been awarded a cable installation contract by Greece-headquartered Hellenic Cables for […] The post Axess wins cable installation contract for 50Hertz German grid connection project appeared first on Offshore Energy.

Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is making progress in setting the stage to embark on a formal farm-out process later this year for a shallow water exploration block off the coast of Uruguay. The post Farm-out process offshore Uruguay and decision on assets in Trinidad & Bahamas coming in mid-2025 appeared first on Offshore Energy.

PaxOcean has unveiled an order for up to four methanol-ready offshore construction vessels (OCVs) […] The post PaxOcean receives order for methanol-ready offshore construction vessel newbuilds appeared first on Offshore Energy.

French shipping giant CMA CGM has taken delivery of the final vessel in a series of ten LNG-powered 2000-TEU ships, built by the Hyundai Mipo shipyard in Ulsan, South Korea. The post CMA CGM adds another 2000-TEU LNG-powered vessel to its fleet appeared first on Offshore Energy.

On a mission to boost its decarbonization arsenal, SBM Offshore has become the owner of a minority stake in Norway’s Ocean-Power. The post SBM Offshore takes slice of Ocean-Power ownership pie appeared first on Offshore Energy.