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World-First Floating Wind Technology to Help Power Oil Rigs

Summary by Oil Price
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 world’s first 16-megawatt tension-leg platform (TLP) floating offshore wind turbine set sail at the end of June from Zhuhai in Guangdong Provin…

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Oil Price broke the news in New York, United States on Wednesday, July 15, 2026.
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