Oct. 22 (OE) Ocean Winds, the 50-50 joint venture between Portugal’s EDP Renováveis and France’s Engie, has agreed to sell a 20.25% stake in its 500 MW Îles d’Yeu et Noirmoutier offshore wind project in France to Allianz Global Investors for $232 million. Located in Vendée on France’s Atlantic coast, the Îles d’Yeu et Noirmoutier... Continue Reading →
Seaturns Full-Scale Wave Energy Device on First Trials in France
Oct. 15 (OE) Seaturns, a French wave energy start-up, has completed manufacturing of its first full-scale floating wave energy converter and launched the initial phase of operational testing at the port of Nantes Saint-Nazaire. Built in just six months, the Seaturns demonstrator is a cylindrical floating buoy made of 42 tonnes of steel, measuring 15... Continue Reading →
Nexans Appoints New CEO
Oct. 13 (OE) French subsea power cable maker and services provider Nexans has appointed Julien Hueber as its new Chief Executive Officer (CEO). Hueber is succeeding Christopher Guérin who has been the CEO of the company for the past seven years, effective immediately. The Appointments & Corporate Governance Committee has conducted a comprehensive process to... Continue Reading →
Bureau Veritas Certifies 25MW French Floating Wind Farm
Oct. 8 (OE) Bureau Veritas Marine & Offshore (BV) has issued a certification for the recently inaugurated 25 MW Provence Grand Large floating offshore wind project, developed and owned by EDF Power Solutions, Enbridge and CPP Investments. BV has been involved in Provence Grand Large project journey since 2017, applying international certification methodologies. The certification... Continue Reading →
25 MW Provence Grand Large Floating Wind Farm Inaugurated
Oct. 2 (offshoreWIND.biz) The 25 MW Provence Grand Large floating offshore wind farm in France, developed by EDF, Enbridge, and CPP Investments, has been officially inaugurated. The Provence Grand Large floating wind project has been operating for many months, supplying electricity to the Provence-Alpes-Côte d’Azur region. It is the first floating offshore wind project in... Continue Reading →
TotalEnergies launches savings plan, cuts capex after rising debt worries investors
Sept 29 (Reuters) - TotalEnergies will cut its annual capital expenditure by $1 billion, it said on Monday, as the French oil major sought to soothe investor fears over slow asset sales and rising debt at a meeting with investors in New York. The reduction in capex, to around $15–17 billion annually between 2027 and 2030,... Continue Reading →
BREAKING: TotalEnergies-RWE Consortium Wins France’s Largest Offshore Wind Tender as RWE Signals Exit
Sept. 4 (offshoreWIND.biz) A consortium between TotalEnergies and RWE has won the Centre Manche 2 tender to develop a 1.5 GW offshore wind farm off the coast of Normandy, making it the largest renewable energy initiative in France to date. As part of a strategic review of its investment, RWE has expressed the wish to... Continue Reading →
Vallourec Bags $1B Offshore Pipe Order from Petrobras
Sept. 12 (OE) French tubular solutions supplier Vallourec has secured a major contract by Petrobras for the supply of Oil Country Tubular Goods (OCTG) products and services for its offshore operations from 2026 to 2029. The long-term agreement could generate total revenue of up to $1 billion, representing the widest award both in volumes and... Continue Reading →
30 MW French Floating Offshore Wind Pilot Project Stands Complete
Sept. 5 (offshoreWIND.biz) Ocean Winds has completed the installation of the third and final turbine at the 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) project in France. Developed by Ocean Winds and Banque des Territoires, EFGL is now the first floating offshore wind farm in the Occitanie region to complete its offshore turbine... Continue Reading →
Exail secures sale of DriX H-9 long-range Uncrewed Surface Vessel to leading Global Hydrographic Authority
28/08/2025 – Exail has secured the sale of its new long-range Uncrewed Surface Vehicle (USV), the DriX H-9, to a leading global hydrographic authority. This milestone marks the successful expansion of Exail’s portfolio of autonomous solutions for both commercial and defense markets, reinforcing its position as a key player in the rapidly growing USV sector.... Continue Reading →