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July 23 (Reuters) - Spanish energy group Repsol expects refining margins to stay high next year as geopolitical tensions around the Gulf region and Russia persist, it said on Thursday, after reporting that its second-quarter profit tripled on stronger margins and oil prices. Supply constraints linked to intermittent disruptions in the Strait of Hormuz and Ukrainian... Continue Reading →
July 22 (offshoreWIND.biz) Siemens Energy has announced plans to transition to a new corporate brand, Omterra, as the company prepares to move away from the Siemens name following its 2020 spin-off from Siemens AG and the expiry of its time-limited brand licensing agreement. The rebranding process is scheduled to begin later this year and will... Continue Reading →
July 21 (OE) CorPower Ocean has been awarded the world’s first DNV Prototype Certificate for a wave energy converter (WEC), marking a major leap towards bankable, utility-scale wave energy. The CorPower C4 has been certified by DNV under DNV-SE-0120, Certification of Wave Energy Converters and Arrays, following independent verification. The certificate confirms the technology meets... Continue Reading →
July 16 (Reuters) - Portugal and Brazil are seeking to attract Brazilian investors to build one or two advanced biofuel and sustainable aviation fuel plants in Portugal, the country's energy minister said on Thursday. Maria da Graca Carvalho said she would discuss the project — which targets both the domestic and European markets — when... Continue Reading →
July 16 (oilprice.com) It’s not often that wind power and oil and gas are mentioned in the same breath. The rare occasion concerns a new type of offshore wind turbine launched in China that will power the extraction of fossil fuels by offshore oil platforms. Developed by the China National Offshore Oil Corporation (CNOOC), the... Continue Reading →
July 15 (offshoreWIND.biz) The Floating Axis Wind Turbine (FAWT) consortium of six Japanese companies has installed an experimental low-cost next-generation floating wind turbine in the bay of Iki City, Nagasaki Prefecture, Japan. The concept aims to make a fully domestic supply chain of offshore wind possible. The demonstration has started as of July 2026 and... Continue Reading →
July 15 (offshoreWIND.biz) Principle Power has been awarded the Operations and Maintenance (O&M) support contract for the 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) project in the French Mediterranean operated by Ocean Winds (OW) in partnership with la Banque des Territoires. The agreement with EFGL covers the three WindFloat® foundations, which host three... Continue Reading →
July 14 (offshoreWIND.biz) The offshore wind sector is now standardizing around 15 MW+ mega-turbines, requiring monopile foundations with diameters stretching up to 15 meters (approx. 49 feet) and steel plate thicknesses exceeding 150 mm to 170 mm (approx. 6″ to 6.7″). For fabricators, the core challenge is clear: how to roll plates of this scale... Continue Reading →
July 10 (offshoreWIND.biz) The 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind farm, located off France’s Mediterranean coast, has reached full power, Ocean Winds (OW), the owner and developer of the project, said. With three 10 MW turbines located 16 kilometers off the Occitanie coast and installed on semi-submersible floaters, this... Continue Reading →
July 8 (OE) The PlemCat floating offshore wind test site in the Spanish Mediterranean has secured a favorable Environmental Impact Assessment (EIA), clearing a key regulatory hurdle for deployment of X1 Wind's 8.5 MW X100 platform under the NextFloat project. The approval was officially published in Spain's Boletín Oficial del Estado on July 8 and... Continue Reading →
