Search results for: Borssele 3

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  • Ørsted’s Offshore Revenue Soaring in 2021

    3 November 2021
    Business & Finance

    Ørsted has reported a 43 per cent increase in revenue in its Offshore segment for the third quarter and a 32 per cent increase for the first nine months of this year, both compared to the same periods of 2020. While the company’s operating profit (EBITDA) in the Offshore segment halved in the third quarter […]

  • Van Oord and AdBm Test New Noise Mitigation System

    2 May 2019
    Technology

    Van Oord and AdBm Technologies have demonstrated the new AdBm Noise Mitigation System (NMS). According to the parties, the system has proved that, in combination with only a single big bubble curtain, it meets Belgian and Dutch standards for noise emissions at sea. As a result, Van Oord will deploy the AdBM NMS for construction […]

  • DONG Energy’s Profit Surges on Wind Power

    4 August 2016
    Business & Finance

    DONG Energy recorded DKK 6.4 billion (EUR 860 million) net profit for the first six months of 2016, up 129% compared to DKK 2.8 billion net profit reported for the first half of 2015, largely driven by a strong growth in the company’s Wind Power division. The Danish energy company reported DKK 12.4 billion operating profit (EBITDA), a 19% increase compared to […]

  • Erasmus Uni, Royal Haskoning DHV Advise on Optimal Bidding Strategy in Dutch OW Auctions

    2 December 2015
    R&D

    Erasmus University Rotterdam and Royal Haskoning DHV have studied the optimal bidding strategy in Dutch offshore wind auctions. Bidders might bid too high and lose the auction, or bid too low and don’t get the expected return they planned. One can minimize these risks by basing their offer on knowledge about auctions combined with valuation skills […]

  • The Netherlands Designates Additional Areas to Build Cost-Effective Hollandse Kust OWFs

    9 December 2016
    Authorities, Contracts & Tenders, Wind Farm Update

    The Dutch government has designated two additional strips of sea area for offshore wind infrastructure to allow for the realisation of offshore wind projects at Hollandse Kust Zuid (1,400MW) and Hollandse Kust Noord (700MW). The aim of this move is to cut the offshore wind cost by enabling construction closer to the coast. Namely, the newly designated […]

  • VBMS Shines as Boskalis’ Offshore Numbers Drop

    17 August 2017
    Business & Finance

    Royal Boskalis Westminster’s Offshore Energy division reported an operating result (EBIT) of EUR 36.1 million for the first six months of 2017, a 66.5% decrease compared with an EBIT of 107.7 million reported during the same period a year earlier.

  • Sif: First Monopile Load-Out from Rotterdam by Year End

    25 August 2016
    Business & Finance

    Dutch foundation components manufacturer Sif Holding N.V. plans to load out the first monopiles from its new facility at Maasvlakte 2 in Rotterdam in the last quarter of this year. The production of the first monopiles in Rotterdam is expected to start in the second half of September 2016, the company said in its financial […]

  • Fugro Relies on Offshore Wind

    30 October 2015
    Business & Finance

    Fugro’s Q3 results have shown that the offshore wind industry has provided a steady business area for the company under continuing challenging market conditions in the oil and gas industry.  The company’s offshore revenue dropped 18.2% to EUR 83.9 million related to the overall lack of deepwater projects. However, the margin was significantly higher compared to […]

  • WINDFARM UPDATES: Borssele I and II, Eneco Luchterduinen & Albatros

    9 February 2015

    Borssele I and II The Dutch Minister of Economic Affairs presented a road map to the parliament in September 2014 aimed at increasing the offshore wind capacity to 4,500MW. This new approach is presented in the Offshore Wind Energy Law which was sent to the parliament on 17 October and is expected to become law […]

  • Ørsted’s Net Profit Up 186 Per Cent in H1 2021

    12 August 2021
    Business & Finance

    World’s leading offshore wind developer Ørsted recorded a DKK 7.142 billion (EUR 960 million) net profit in the first half of 2021, a 186 per cent increase compared to DKK 2.493 billion net profit recorded in the first half of 2020. The company’s operating profit (EBITDA) for the first half year amounted to DKK 13.1 […]

  • Japan’s INPEX Buys Stakes in Dutch Offshore Wind Farms

    7 December 2021
    Business & Finance, Wind Farm Update

    INPEX Corporation has agreed to enter a stock transfer agreement with Diamond Generating Europe B.V. (DGE-NL), a Dutch-registered, wholly-owned second generation subsidiary of Mitsubishi Corporation, and acquire a 50 per cent stake in the Luchterduinen offshore wind farm and a 15 per cent stake in the Borssele III/IV offshore wind farm operating off the coast […]

  • Ørsted Ups Full-Year Guidance on Operating Profit, Gross Investments

    11 August 2022
    Business & Finance

    The world’s leading offshore wind developer Ørsted has increased its full-year operating profit (EBITDA) guidance and gross investment guidance following the release of the results for the second quarter of the Fiscal Year 2022. The company’s EBITDA for the first half of the year amounted to DKK 13.044 billion (EUR 1.75 billion), in line with […]

  • Highlights of the Month: January 2017

    1 February 2017
    Authorities, Business & Finance, Contracts & Tenders, Environment, Grid Connection, Operations & Maintenance, R&D, Technology, Training & Education, Vessels, Wind Farm Update

    Ex-Statkraft Engineer Develops New Foundation Installation Solution Arild Bolsø, an engineer who worked for Statkraft in Norway and Forewind in the UK, has developed a new technical concept for offshore wind foundation installation. According to Bolsø, the concept would reduce installation time by 30-50%, compared to current methods. Public Consultation for Borssele V Tender Opens […]

  • DONG Pushing On with Oil & Gas Unit Sale, in Merger Talks with Maersk

    29 November 2016
    Business & Finance

    Following the appointment of J.P. Morgan to asses the market conditions for a potential sale of its oil and gas business, DONG Energy is now reportedly in negotiation with Maersk over a merger of their fossil fuel units, as DONG is focusing fully on offshore wind and Maersk on transport and logistics.  The merger would result in a […]

  • Highlights of the Month: April 2016

    2 May 2016

    World’s Largest OW Jack-Up Vessel Installs World’s Heaviest Monopile at Veja Mate OWF Offshore construction of the Veja Mate offshore wind farm has started with Seajacks Scylla having installed the heaviest monopile produced so far at the project site, according to DGI Doedijns, which provided hydraulic and software equipment for the pile-gripper used at the […]

  • WIND FARM UPDATE

    3 August 2015

    Formosa 1 In June Siemens signed a Turbine Supply Agreement with Formosa Wind Power Co. Ltd., a subsidiary of Swancor Enterprise and the developer of what could be Taiwan’s first offshore wind farm, the 128MW Formosa 1 offshore wind demonstration project. Formosa 1 is located 3 to 6km off Miaoli county, in north-west Taiwan, in water […]

  • Van Oord Records Best Year in Offshore Wind

    26 March 2019
    Business & Finance

    Van Oord’s offshore wind business unit posted record revenue of EUR 706 million in 2018, a 75.2% increase compared to the revenue of EUR 403 million reported in 2017. The increase was attributed to a simultaneous start of four major offshore wind projects: Deutsche Bucht in Germany, Norther in Belgium, East Anglia ONE in the UK, […]

  • Borkum Riffgrund 2 Gets Bureau Veritas Project Certificate

    20 November 2019
    Wind Farm Update

    Bureau Veritas has issued Ørsted a Project Certificate for the 450MW Borkum Riffgrund 2 offshore wind farm. Located in Germany’s North Sea, 56 kilometres off the coast of Lower Saxony, Borkum Riffgrund 2 consists of 56 MHI Vestas V164-8.3MW turbines with two different types of foundations – monopiles with bolted transition pieces and suction bucket […]

  • VBMS – A Busy Boskalis Business

    13 March 2017
    Business & Finance, Contracts & Tenders

    While its mother company Boskalis reported a revenue decline of 20% for 2016, VBMS achieved an 80% increase in revenue from offshore wind projects including Sandbank, Nordergründe, Rampion, Galloper, Egmond, Aberdeen, Borssele and Blyth.

  • Ecofys Assesses Risk of Dutch Offshore Wind

    27 November 2014
    Business & Finance, R&D

    The Netherlands plan to increase their installed offshore wind capacity to 4,500 megawatts by 2023. With the related roll-out reaching round 3, one of the first tenders issued will be the 700 MW tender for the Borssele coast area. The Dutch grid operator TenneT has been designated to become the operator of the offshore grid. […]

  • Visser & Smit Hanab Bags Another Windpark Fryslân Contract

    30 October 2020
    Contracts & Tenders, Grid Connection

    Visser & Smit Hanab has secured a contract by Van Oord to perform inter-array cable termination and testing work at the Windpark Fryslân nearshore wind farm in the Netherlands. The routing, termination and testing activities will commence as soon as the cable installation starts. Visser & Smit Hanab is also in charge of installing the […]

  • BREAKING: Shell-Eneco Consortium Wins Hollandse Kust (Noord) Tender

    29 July 2020
    Authorities, Contracts & Tenders, Wind Farm Update

    The Dutch Ministry of Economic Affairs and Climate Policy has selected the CrossWind consortium between Shell and Eneco to develop and operate the Hollandse Kust (noord) offshore wind project without government subsidies. The Hollandse Kust (noord) zone consists of two sites located 18.5 kilometres off the west coast of the Netherlands near the town of […]

  • Top News of the Week Dec 21 – 27, 2015

    26 December 2015
    Authorities, Business & Finance, Grid Connection, Operations & Maintenance, R&D, Technology, Vessels, Wind Farm Update

    Umoe Ventus Sinks After Catching Fire off Langeland The Wave Craft Surface Effect Ship Umoe Ventus sank yesterday after catching fire off Langeland, while en route to Bagenkop, according to local media and the police. German Offshore Wind Farms Over 6 Times Busier in 2015 Germany’s offshore wind farms have generated 1.3% of the overall […]

  • Natuur&Milieu, Eneco Call for Further 700MW of Offshore Wind in the Netherlands

    19 July 2016

    Investing in a package containing offshore wind, sun and bioheat is almost EUR 1 billion cheaper for Dutch consumers than biomass co-firing, according to a report commissioned by Nature & Environment (Natuur & Milieu) and Eneco, which called on the Dutch government for an additional 700MW of offshore wind farms to replace the co-firing of biomass in […]

  • Dutch Investigate Future Offshore Wind Links

    18 May 2018
    Contracts & Tenders, Environment, Grid Connection, R&D, Technology

    Arcadis and Pondera Consult will carry out a strategic study into the various possibilities to transport the energy from future large-scale offshore wind farms in the Dutch North Sea to the national grid.

  • MHI Vestas Turns Profitable as Orders Ramp Up

    7 February 2019
    Business & Finance

    MHI Vestas Offshore Wind generated a net profit of EUR 26 million and secured an order intake of 3,180MW in 2018. 2018 was the first year in which MHI Vestas generated a positive net profit on a stand-alone basis since the launch of the joint venture by Vestas and Mitsubishi Heavy Industries in 2014, highlighting […]