Aug.14 (cleantechnica.com) A new report by Carbon Brief contains some pretty interesting news. It says China’s exports of clean energy technologies such as solar panels, batteries, and electric vehicles are helping to cut emissions in other countries. In 2024, those exports helped reduce global emissions outside of China by 1% and will avoid some 4 billion tons... Continue Reading →
Weak Wind Cuts RWE’s Profit
(Reuters) Germany's biggest power producer RWE posted lower-than-expected core profit for the first half on Thursday, citing weak wind conditions as well as a muted trading business. First-half adjusted earnings before interest, tax, depreciation and amortization fell by more than a quarter to 2.14 billion euros ($2.50 billion), missing the 2.24 billion average estimate in... Continue Reading →
Brazilian Renewable Energy Institute Setting Up Country’s First Offshore Wind Training and Education Programmes
Aug. 14 (offshoreWIND.biz) Brazil’s Centre for Gas Technologies and Renewable Energies (CTGAS-ER), part of the country’s SENAI Institute for Innovation in Renewable Energy, and the UK-based Ocean Energy Pathway have launched the first joint training programme focused on offshore wind energy in Brazil. Later this month, SENAI will also launch a postgraduate course in offshore... Continue Reading →
€465k grant backs Oceaneering’s floating wind cable qualification projects
(offshore-energy.biz) U.S. subsea engineering and applied technology firm Oceaneering International has secured a £400,000 (around €465,000) grant from Scotland’s economic development agency Scottish Enterprise for a project that aims to add manufacturing capacity for subsea power cables destined for Scottish offshore wind. Oceaneering’s Rosyth umbilical and cable manufacturing facility, which has been operating at the Port of Rosyth... Continue Reading →
Golar LNG Locks In $13.7B FLNG Backlog with Landmark Argentina Deals
Aug.14 (OE) Golar LNG Limited cemented its position as one of the most active players in the floating LNG (FLNG) market, announcing Q2 2025 results alongside major long-term contracts that add $13.7 billion to its Adjusted EBITDA backlog. The new deals—both with Argentina’s Southern Energy S.A. (SESA)—cover redeployment of the FLNG Hilli and the company’s... Continue Reading →
Colombia’s Ecopetrol sees significant profit drop in Q2 2025
AUG.13 (Offshore Technology) Colombia's state oil company Ecopetrol, has reported a 46% decrease in net profit for the second quarter (Q2) due to declining global oil prices and slight production decreases. The company's net profit fell to approximately $450m (1.81trn pesos), down from the previous year's equivalent of $840m, with total sales also decreasing by... Continue Reading →
Vestas swings to second-quarter profit, keeps outlook
Aug 13 (Reuters) - Danish wind turbine maker Vestas swung to a profit in the second quarter from a loss a year before, maintaining its financial outlook for 2025 on expectations it could overcome the impact of U.S. policy uncertainty. Vestas reported an April-June operating profit before one-off items of 57 million euros ($66.56 million) on... Continue Reading →
Colombia Offers 15-Year Contracts in Country’s First Offshore Wind Round
(offshoreWIND.biz) Colombia’s Ministry of Mines and Energy has issued a new resolution launching the country’s first offshore wind bidding round, which will operate under a contract for differences (CfD) scheme. The round is designed to promote strategic technologies that strengthen the resilience and sustainability of the National Interconnected System, according to the ministry. Colombia guarantees... Continue Reading →
Trinidad awards deepwater blocks to Exxon, could see $21.7 billion investment, minister says
Aug 12 (Reuters) - Exxon Mobil could invest as much as $21.7 billion in Trinidad and Tobago if the U.S. energy major finds reserves in a large deepwater area it was awarded on Tuesday to explore for oil and gas in the Caribbean country, Energy Minister Roodal Moonilal said. Moonilal was speaking at an event... Continue Reading →
US Floating Wind Platform Developer Issues RFI to Fabricators Worldwide
(offshoreWIND.biz) Aikido Technologies, which recently secured a spot at a Norwegian offshore demo site, has released an RFI for its 15 MW ‘AO60’ floating wind platform to offshore wind fabricators. The California-based floating wind foundation developer said on social media that it had issued the RFI to more than ten “top-tier offshore wind fabricators from around the world”.... Continue Reading →