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Friday, August 1, 2025

Tag: offshore project

Tenaris Announces 2025 Second Quarter Results

The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Free Cash Flow, Net cash / debt and Operating working capital days. See exhibit I for more details on these alternative performance measures.

Oceanic Wind Energy Inc. and Coast Tsimshian Enterprises Ltd. Secure IUP for Offshore Wind Development in Hecate Strait

VANCOUVER, British Columbia, July 07, 2025 (GLOBE NEWSWIRE) -- Oceanic Wind Energy Inc. (“Oceanic”) is proud to announce a major milestone in the advancement of the offshore wind project in Hecate Strait, located just west of Stephens Island. In partnership with Coast Tsimshian Enterprises Ltd. (“CTE”), Oceanic has been jointly granted an Investigative Use Permit (IUP) for the first phase of development, targeting a capacity of 600 to 700 megawatts (MW). CTE is a 50/50 partnership of the Metlakatla and Lax Kw’alaams First Nations.

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