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Mingyang’s OceanX Sets Record: World’s Most Powerful Floating Wind Turbine Successfully Sets Sail

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Mingyang

GUANGZHOU, CHINA – Media OutReach Newswire – 19 August 2024 – On August 13, OceanX, the world’s largest single capacity floating wind power platform, embarked on its journey from Guangzhou to the Yangjiang Mingyang Qingzhou IV offshore wind farm in Guangdong, China. After a 191-nautical-mile, over 50-hour tow, the platform’s arrival marks the commencement of a new era in green energy, poised to set the standard for offshore wind power technology.

Developed by Mingyang Group, this floating wind turbine platform is arranged in a ‘V’ shape and carries two 8.3 MW offshore wind turbines. With a total capacity of 16.6 MW, it can be used in a wide range of sea areas around the world with water depth of more than 35 metres.

OceanX impeller reaches 219 metres at its highest point and a maximum width of about 369 metres in the air. The whole wind turbine platform has a total displacement of 15,000 tonnes, and a towing draft of 5.5 meters. Once operational, it is expected to produce 54 million kWh annually, enough to power 30,000 three-person households for a year.

  • High-Tech Ingenuity: OceanX Floats on Cutting-Edge Materials

OceanX advances wind turbine innovation by enhancing core component technology, driving both aesthetic and functional refinement in design and manufacturing.

Floating foundation is the key component for floating wind turbines in the deep and distant sea. Unlike traditional steel floating foundations, OceanX’s floating foundation consists of three floats, concrete arms and connectors.

It pioneers the use of ultra-high performance concrete with a compressive strength exceeding 115 MPa for floating foundation construction, a material 4 times stronger than standard concrete, significantly enhancing load-bearing capacity. The floating foundation also utilizes a pre-stressed high-strength concrete assembly structure, facilitating modular and batched manufacturing, thereby substantially reducing construction costs.

Mingyang has leveraged caisson pre-tensioning technology in its precast concrete construction, emphasizing interface sealing and the precision of the pre-stressing process. With 1,500 steel strands expertly threaded through the floating body’s arm, it has meticulously controlled tensioning forces and ensured uniform stress across the end face throughout the construction.

OceanX also introduces a cutting-edge float design, using layered material to replace traditional steel or hybrid materials. The float lightens the floats and accommodates their curved form. The three streamlined ellipsoidal floats offer reduced wave resistance and enable lateral rotation, providing yawing power. Rigorous testing confirms that the streamlined shape strikes an ideal balance between stability and load-bearing.

Notably, housing two wind turbines on a single floating platform can significantly cut down the per-kilowatt cost, as well as reduce the required sea area and operational maintenance expenses.

  • Revolutionary ‘V’ Tower: OceanX Pioneers Wind Turbine Architecture

OceanX, with its robust floating foundation, features the integration of two towers in a ‘V’ configuration, marking a first for offshore wind platforms.

OceanX’s tower, with its elongated elliptical design, maximizes wind exposure along its longer axis, significantly exceeding that on the shorter axis. By aligning the tower with the wind direction at an optimal angle, the wind platform’s area is effectively increased, allowing for swifter alignment to the wind and boosting the efficiency of wind energy capture. Additionally, the towers are fitted with a dual-access system for lifts and ladders, ensuring the comfort and safety of personnel during ascent and descent.

In addition to the evolution of the wind turbine form, Mingyang also expands the boundaries of the application of the cable-stayed system, installing it for the first time globally in a wind turbine.

OceanX has ingeniously harnessed the spatial framework of its tower system, integrating the world’s largest high-stress strand cable-stayed system. A robust network of 13 main and 6 auxiliary cables efficiently tensions the mainframe, tower, and floating foundation, establishing a stable tensioning mechanism across the wind turbine’s components. This innovative cable-stayed design has redefined the load transfer path of traditional wind turbines. Instead of the tower bearing the full impeller and gravity loads, the system distributes the tower’s gravity load to the tension cables, with the tower now only partially supporting the impeller loads. This strategic redistribution significantly lightens the tower’s load, enabling a streamlined and lightweight structural design.

To seamlessly integrate the 200-meter-long, 18-centimeter-diameter cables between the wind turbine, tower, and floats, OceanX employs a precise combination of graded pre-tensioning, multi-dimensional monitoring, and synchronized tensioning. This ensures that all 13 main cables achieve their individual pre-tensioning specifications and can be pre-tensioned to a maximum force of 350 tonnes, optimizing the structural integrity and performance of the wind turbine system.

  • Dual-Rotor Pioneer: OceanX’s Unparalleled Wind Harvesting Design

On the V-shaped tower, two main engines are equipped with parallel impellers, covering a sweeping area exceeding 52,000 square meters—comparable to the size of seven standard football fields. With the impeller blades’ tips a mere 5 meters apart, this pioneering design optimizes impeller pitch and wind efficiency while leveraging the V-shape of the tower. It ensures impeller safety and enhances both wind capture and structural stability.

Upon startup, the impellers rotate in opposite directions, enhancing wind speed in the central area and boosting electricity generation from air kinetic energy by 4.29% compared to a single, large turbine with an equivalent swept area.

In the context of the entire wind farm, longer blades on a single turbine can significantly affect the turbine downstream. OceanX employs two small-sized wind turbines, leveraging the coupled vortex effect from counter-rotation to mitigate efficiency losses across the farm.

  • Downwind Mastery: OceanX’s Single-Point Mooring Showcases Cutting-Edge Innovation

OceanX utilizes a downwind design, alleviating tower headroom constraints for the blades, allowing greater movement, and enhancing the unit’s power generation efficiency through flexible and efficient wind energy capture.

In the face of extreme typhoon conditions, floating wind turbines must be designed to withstand 360° typhoon loads from the outset to ensure stability and safety. OceanX employs a single-point mooring system, which allows the platform to adaptively yaw with the typhoon’s direction. This ensures that the wind turbine consistently faces the incoming wind, regardless of the typhoon’s path.

In the mooring system, to withstand forces equivalent to a level 17 typhoon, the turret’s high-precision slewing bearings must offer exceptional load-bearing capacity and superior underwater sealing. To guarantee OceanX’s stable maritime operation, Mingyang has meticulously assembled the turret system, adhering to stringent standards and precision demands.

Data reveals that the single-point mooring solution reduces the ultimate load on the support structure by 40%, significantly improving the wind turbine’s safety and stability in typhoon conditions. This technology’s implementation boosts the standardization and efficiency of onshore operations for marine and engineering equipment.

OceanX is also capable of managing total health of the turbine to optimising power generation efficiency and lowering the maintenance cost thus finally cut down Levelized Cost of Energy (LCOE) under different environmental conditions.

  • From MW Giants to Deep-Sea Pioneers: Mingyang’s Unceasing Quest for economical offshore wind power

In April 2020, the 1:10 scale prototype of the OceanX dual-rotor floating wind turbine platform was launched in Lake Quarry, Germany. By October, it had completed a two-month offshore operation in the Baltic Sea, enduring tests equivalent to 72m/s winds and 30-meter waves, and earned a feasibility certificate from DNV.

Mingyang has pushed the boundaries of offshore wind power technology, from typhoon-resistant wind power to large offshore megawatt units, and now to the navigation of deep-sea floating turbines. The latest advancements in deep-sea floating wind power are setting new standards for human exploration of the ocean, while decreasing the cost per kWh to make the offshore wind more affordable.

As a leader in global clean energy innovation, Mingyang is committed to driving breakthroughs in marine energy technology. It aims to lead industry innovation, expedite sustainable offshore wind development and facilitate the green transmission globally.

For more information, please visit https://www.myse.com.cn/en and https://www.linkedin.com/company/mingyangsmartenergy/

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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Etu Energias

As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

Distributed by APO Group on behalf of Energy Capital & Power.

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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Energy

The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

Distributed by APO Group on behalf of Energy Capital & Power.

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