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  • UK: All-Energy Opens in Seven Weeks

    9 April 2012

    All-Energy, the UK’s largest renewable energy exhibition and conference, opens in Aberdeen in under seven weeks (Wednesday-Thursday 23-24 May 2012) and it is set to be a true milestone event with world-class speakers in the conference, helpful sector trails around the show and important new zoned feature areas, country specialists from 14 nations on hand […]

  • MPSEP SEAFOX 5 Secures First Job in Offshore Wind Sector (Singapore)

    18 April 2011

    The KFELS MPSEP vessel will be deployed for foundation works at DanTysk in the German Sector of the North Sea, starting 4Q2012. Keppel FELS Limited (Keppel FELS) is pleased to announce that a contract from the joint-venture Aarsleff Bilfinger Berger (ABJV) Dan Tysk, worth in excess of EUR 35 million, has been secured for SEAFOX […]

  • USA to Concentrate More on Offshore Wind Than Offshore Oil

    20 December 2010

    Offshore windmills used to create energy are unfamiliar territory to most in south Louisiana. But some say the technology, which is undergoing a big push for development by the Obama administration, could be a new growth area for shipbuilding and fabrication companies. Trade associations, including the Shipbuilders Council of America, say clusters of wind turbines […]

  • Spain: Iberdrola Q1 Net Profit Up 0.7 pct

    10 May 2012
    Business & Finance

    IBERDROLA’s first quarter net earnings rose 0.7% to €1,022 million with Ebitda up 4.1% at €2,365 million, driven by international growth and despite a decline in Spain where recent regulatory decisions have had a negative effect. Revenues rose 10% to €9,331 million, while gross margin was up 4.1%. Net operating income (Ebit) rose 1.3% higher […]

  • Spain: Gamesa’s EBIT Up 10 pct

    23 February 2012
    Business & Finance

    Gamesa fulfilled 2011 guidance in terms of volume, profitability and financial soundness. It also maintained profitable growth, supported by its globalisation strategy (which enables it to leverage growth in emerging markets and diversify market risks) and a rigorous efficiency programme, which led to double-digit growth in its key operating figures. The company also maintained margins […]

  • States Respond to Trump’s New Oil & Gas Plan. Shell, Statoil Interested in New Areas

    5 January 2018
    Authorities, Contracts & Tenders

    As the Trump Administration issued the draft proposal for the 2019-2024 National Outer Continental Shelf (OCS) Oil and Gas Leasing Program on 4 January, the move to make more than 90% of OCS available for oil and gas exploration and production saw opposition from several U.S. coastal states, including those that want more renewable energy in their future.

  • Maintaining Momentum: Why Supply Chain Collaboration Is Key in Europe’s Offshore Wind Ambitions

    8 September 2022
    Industry

    The following article is a guest post by Wayne Mulhall, Managing Director at James Fisher Renewables. The global offshore wind market is at an inflection point. On the one hand, megaprojects around the world are transitioning from a subsidy to a merchant development and finance model. On the other hand, floating offshore wind (FOW) is still in the […]

  • Gamesa Increases Net Profit by 67 pct (Spain)

    13 May 2011
    Business & Finance

      Progress in internationalisation, efficient management and the recovery in all business lines enabled Gamesa to end the first quarter of 2011 with solid results and notable growth in its key figures; as a result, the company has already covered the bulk of its wind turbine sales guidance for the year and maintains earnings, working […]

  • DEME in 2010 – Nearshore and Offshore Marine Works (Belgium)

    26 April 2011
    Business & Finance

    DEME is one of the largest marine engineering companies in the world. From its core activities, dredging and civil marine engineering, the group has developed complementary activities such as environmental engineering (treatment of soil and sludge), services for the oil and gas sector and extraction of construction aggregates from the sea. Financial overview 2010 For DEME, 2010 can rightly be called […]

  • ‘Build Back Better Act’ Reaches US Senate Floor. Bill Would Mobilise Federal Funds to Back Offshore Wind Development

    3 August 2022
    Authorities

    The Build Back Better Act, a comprehensive legislative package proposed in the US that also includes funding for governmental bodies to speed up offshore wind permitting and buildout, was introduced in the US Senate on 2 August. The package, which was first proposed to cost USD 3.5 trillion and later got cut to USD 1.7 […]

  • IER Responds to DOI’s Offshore Wind Lease Sale (USA)

    5 June 2013
    Authorities, R&D

    The Interior Department has announced that the administration will hold the nation’s first offshore wind lease sale in late July. The area scheduled for lease consists of 164,750 acres off the coasts of Rhode Island and Massachusetts. In response to this announcement, Institute for Energy Research (IER) published a fact sheet on offshore wind energy development […]

  • Oceanology International Presents Ocean Observation, Forecasting, Hydrography and Geophysics (UK)

    16 January 2012

    “Oceanology International is a unique event; there is nowhere else where such a broad range of providers of technologies and users of technologies and the applications of technology come together,” says the event’s Conference Chairman, Ralph Rayner, Professorial Research Fellow, London School of Economics; and Sector Director, Energy and Environment for the BMT Group. “It […]

  • USA: Wind Opens Wide Lead for Renewables

    1 November 2012

    In the race to transition from fossil fuels to renewable sources of energy and avoid runaway climate change, wind has opened a wide lead on both solar and geothermal energy. Solar panels, with a capacity totaling 70,000 megawatts, and geothermal power plants, with a capacity of some 11,000 megawatts, are generating electricity around the world. […]

  • Suzlon Group Q3: Record US$ 7.3 bn Orderbook; Steadily Improving Performance (India)

    7 February 2011
    Business & Finance

    Suzlon has installed over 15,000 MW of wind power capacity in 25 countries, established operations across 32 countries, with a workforce of over 13,000 personnel. Group orderbook rises to record US$ 7.3 bn; increase of 35 per cent. Group revenues of Rs. 4,433 cr. (US$ 968 mn). EBITDA of Rs. 182 cr. (US$ 40 mn); […]

  • Oil & Gas versus Wind: Found Ocean

    14 October 2013

    Adapting its service offering to steer a move into the offshore wind industry has paid off for FoundOcean. Jim Bell, Managing Director, tells Offshore WIND that activity went from ‘zero to 60’ in just a year and as renewable energy demand increases, FoundOcean is confident that it can gear up for any future growth.  Established […]

  • Spain: Gamesa Reports Loss in Q1 2012

    10 May 2012
    Business & Finance

    The complex economic environment, volatility in many of the main wind markets, the new product launches and the industry’s seasonality had a temporary impact on Gamesa’s profitability and debt. Nevertheless, the company’s market and business diversification and the synergies between the wind turbine and farm activities enabled it to increase sales in the period, with […]

  • Bourbon Revenues up 18.8 pct in 2Q 2011 (France)

    10 August 2011

    Bourbon published second quarter 2011 results. “The steady increase in the fleet’s utilization rates, particularly in shallow water offshore, illustrates the recovery of the offshore market and our clients’ recognition of the performance of our vessels. Although significant, the improvement in daily charter rates, expected at the end of the year and in 2012, has […]

  • Two important new offshore windfarm contracts signed by Nordsee – GeoSea (both DEME Group) in German waters

    1 September 2010
    R&D

    The Joint Venture Nordsee Nassbagger- und Tiefbau Gmbh – GeoSea NV, both of them members of the Belgian dredging, marine engineering and environmental Group DEME, has been awarded two different contracts for prepiling and installation works to construct both the EnBW Baltic 2 wind farm, 32 km north of the island of Rügen, and the Trianel West Borkum II wind farm, 45 km north of the East Frisian Island Borkum in German waters.

  • Lima Talks Set World on Track to New Universal Climate Agreement

    15 December 2014
    Authorities, Environment

    A new 2015 agreement on climate change, that will harness action by all nations, took a further important step forward in Lima following two weeks of negotiations by over 190 countries. Nations concluded by elaborating the elements of the new agreement, scheduled to be agreed in Paris in late 2015, while also agreeing the ground […]

  • The Netherlands: Van Oord Records Increased Turnover in Difficult Year

    9 March 2012
    Business & Finance

    Van Oord’s turnover in 2011 was EUR 1,715 million (2010 EUR 1,578 million) and was evenly attributable to activities performed by Van Oord’s divisions and areas. The net profit for 2011 amounted to EUR 118 million (2010: EUR 165 million, including an extraordinary tax gain of EUR 40 million). CEO Pieter van Oord: ‘Given the […]

  • Offshore Wind Power Development Blows Across North America

    6 May 2011

    Europe’s love affair with offshore wind may at last be venturing across the Atlantic as the first approved project in the US continues apace. However, the switch to this large-scale renewable energy form – which has the potential to displace both coal and nuclear in providing the bulk of energy consumed by coastal populations – […]

  • New York Bight Lease Sale Days 2 & 3

    25 February 2022
    Authorities, Contracts & Tenders

    This article comprises round-by-round updates from the New York Bight lease sale’s second and third day, and a link to Day 1 updates. For the news on the auction results, go to the news below: Round 63: The asking price for the biggest site has now climbed to USD 1.1 billion with one bidder in, […]

  • WIND FARM SUPPORT VESSELS: The Class of 26

    4 May 2015

    It was only 4 years ago at Seawork International 2011 that a completely new class of offshore wind farm vessels was defined when a new vessel, 26 metres long with a 10 metres beam, was named Marineco Shamal and handed over to the owner Marineco. So began the class of 26. As this article is […]