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  • Bold Tern Joins Galloper Turbine Installation Team

    4 September 2017
    Vessels, Wind Farm Update

    Fred. Olsen Windcarrier has been awarded a contract with Siemens Gamesa Renewable Energy (SGRE) for the transport and installation of wind turbines on the 336MW Galloper offshore wind farm off Suffolk, UK.

  • Siem Offshore Negotiating Siem Offshore Contractors Sale

    20 November 2017
    Business & Finance

    Siem Offshore is in talks with a potential buyer of Siem Offshore Contractors (SOC), as the parent company is considering strategic alternatives for its cable lay business amid preparation for an extended downturn in the offshore supply market.

  • European Companies Team Up to Provide MWS Services for US Offshore Wind

    16 October 2020
    Business & Finance

    UK-headquartered Charles Taylor Marine Technical Services and Denmark-based Survey Association have formed a strategic alliance to provide Marine Warranty Surveyor (MWS) services to the U.S. offshore wind sector. The new alliance highlighted its in-depth marine operations experience brought in by both companies, saying it would enhance the risk management of offshore wind farm construction projects […]

  • Siem Aimery Christened and Ready for German Offshore Wind Projects

    29 April 2016
    Grid Connection, Vessels, Wind Farm Update

    The cable-laying vessel Siem Aimery, the latest vessel added to the Siem Offshore fleet, was christened in a naming ceremony on Wednesday, 27 April, at the Remontowa Shipbuilding yard in Gdansk, Poland. The vessel will now undergo final mobilisation prior to commencing cable loading activities for its first project assignment. The Siem Aimery and her […]

  • Siem Offshore Q1 Profit Dips into Red

    20 May 2015
    Business & Finance

    The Norwegian offshore and subsea shipping specialist, Siem Offshore, has released first quarter results showing operating revenues at USD 126 million, an increase of 33,5 per cent year on year. However, the company reported a net loss of USD 25.6 million compared to net profit of USD 17.9 million the same period last year mostly […]

  • Germany: SeaRenergy to Install Two Offshore Wind Farm Converter Platforms

    7 January 2013

    SeaRenergy Offshore has been selected by Siemens for the transportation and installation of two HVDC converter platforms for the offshore wind cluster BorWin 2 and HelWin 1 in the North Sea. The platforms which consist of a base frame and a topside shall be towed from Nordic Yards in Wismar and Warnemünde to the designated […]

  • Integration of North Sea wind energy transpower orders powerful grid connection for two more offshore wind farms (Germany)

    13 June 2010
    Wind Farm Update

    Transpower orders its third powerful offshore grid connection. The contract with the consortium of Siemens Energy and Prysmian Powerlink is the starting signal for the third innovative major project of its kind. The high voltage direct current (HVDC) connection “BorWin2“ with a capacity of 800 Megawatt (MW) will connect the wind farms Global Tech 1 […]

  • Niras and New Power Partners Pool Offshore Wind Know-How

    24 August 2017
    Business & Finance

    Niras and New Power Partners (NPP) have agreed a memorandum of understanding to offer shared services related to development, engineering and project execution expertise to the offshore wind community.

  • OWC Moves Closer to Scottish Offshore Wind

    23 October 2019
    Business & Finance

    Engineering consultancy Offshore Wind Consultants (OWC) is setting up an office in Edinburgh to support the Scottish offshore wind sector. “Scotland is home to many offshore wind development companies and is spearheading floating wind in the UK,” said Katherine Phillips, OWC’s UK country manager. ”Furthermore, with the planned launch of ScotWind and its likely inclusion of […]

  • Nordic Yards Brings BorWin Platform to Dock (Germany)

    15 September 2011
    Grid Connection

      Today, Nordic Yards, manufacturer of technologically sophisticated and innovative special ships and maritime structures, brought BorWin beta to dock. It is the first self-erecting offshore transformer platform to be built in Germany. The power converter, which will contain accommodation units in addition to the technical equipment for transforming and transmitting the energy generated by […]

  • Clean Energy Investments Reach All-Time High in 2015

    14 January 2016
    Business & Finance, Environment, Grid Connection, Wind Farm Update

    Global clean energy investments reached record-breaking USD 329.4 billion in 2015, with the largest projects financed last year being offshore wind arrays in the North Sea and off China’s coast, according to data gathered by Bloomberg New Energy Finance. The offshore wind projects in the North Sea which attracted largest investments in 2015 include the 580MW Race […]

  • Fraunhofer IWES to Survey German Offshore Wind Zone

    21 May 2021
    Contracts & Tenders

    Fraunhofer IWES has secured a contract to provide geophysical investigation and hydrographic survey services at the N-9.4 offshore wind zone in the German North Sea. The work will be carried out in 2022 as part of the preliminary investigations of the seabed at the zone. The contract was awarded by Germany’s Federal Maritime and Hydrographic […]

  • EKF: Race for Investments into Wind Heating Up

    21 April 2016
    Authorities, Business & Finance

    A large number of international banks and investors have emerged from the financial crisis and are now offering venture capital for green investments such as offshore wind, a healthy and positive sign reflecting a more mature market, but the one that places new demands on early investors, Denmark’s export credit agency EKF said in its Annual […]

  • CIP Invests in Four German North Sea Grid Connections

    27 March 2020
    Business & Finance, Grid Connection

    Copenhagen Infrastructure Partners (CIP) has bought minority stakes in joint venture companies related to the operation of four grid connection systems in the German sector of the North Sea: BorWin1, BorWin2, HelWin2, and DolWin2.

  • CIP Targets More Offshore Wind with New Investment Fund

    22 March 2017
    Business & Finance, Environment

    Danish fund management company Copenhagen Infrastructure Partners (CIP) has initiated the fundraising process for its new fund, Copenhagen Infrastructure III K/S, which has already received commitment of DKK 8.8 billion (around 1.2bn EUR).

  • WTIVs: Wind Turbine Installation Vessels: New optimism

    2 December 2015

    The rugby world cup tournament is about to start in England as this article is being written. Just as the rugby fans will have waited 4 years for the whistle to announce the start of the first match, England versus Fiji, so the offshore wind industry has waited eagerly for the whistle to start for […]

  • Offshore Wind Drives Bladt’s Performance in 2015

    31 March 2016
    Business & Finance

    Driven predominantly by work in the offshore wind industry, Bladt Industries wrapped up 2015 with an annual profit of DKK 63.5 million (approx. EUR 9 million), after a challenging 2014 which ended with a loss of DKK 6.7 million (approx. EUR 900,000). The company’s 2015 EBITDA was DKK 139 million (approx. EUR 18.7 million), a significant increase from DKK […]

  • Siem Offshore Gearing Up for 3 OWF Inter-Array Gigs

    23 February 2017
    Business & Finance

    Siem Offshore Contractors (SOC) is preparing for work on three upcoming offshore wind projects, for which the company signed contracts last year, while also nearing completion for several projects currently underway.

  • Germany: BARD-Group Completes Realignment of Management Team

    13 September 2011
    Operations & Maintenance

      BARD, Germany’s offshore pioneer seated in Emden, has completed the realignment of the management team which began early 2011. Olaf Struck (46) will join Bernd Ranneberg (50, CEO) and Manuel Althoff (47, CFO) from the 1st of October 2011 as new chief technical officer (CTO) of BARD Holding GmbH. Olaf Struck is a versed […]

  • SgurrEnergy to Stay at Merkur Offshore Wind Farm Until 2028

    23 August 2016
    Business & Finance, Operations & Maintenance, Wind Farm Update

    SgurrEnergy has secured a 12-year construction and operational monitoring contract for 396MW Merkur offshore wind farm in the German North Sea, for which the new financing structure was put in place this month. The scope of the contract includes monitoring of construction works and the financial and operational performance of the project to provide regular reporting […]

  • Highlights of the Month – February 2019

    4 March 2019

    We are bringing you a list of ten of our most read articles for the month of February. 15 Injured After CTV Collides with Cargo Ship Off Rügen All 15 people aboard the crew transfer vessel (CTV) World Bora were injured after the CTV collided with a cargo ship several nautical miles northeast of the […]

  • 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.

  • 2016: When Great Things Happened

    30 December 2016
    Authorities, Business & Finance, Contracts & Tenders, Environment, Grid Connection, Operations & Maintenance, R&D, Technology, Training & Education, Vessels, Wind Farm Update

    We are leaving what has arguably been the best year for offshore wind so far with a hope that the one ahead of us will be at least as eventful and successful as 2016 was, if not better. The Eurocents This year, we saw several tenders resulting in remarkably low prices. First, there was Borssele […]

  • IKEA Stores Owner to Acquire Stake in Three Offshore Wind Projects

    29 August 2022
    Contracts & Tenders, Wind Farm Update

    OX2 has agreed to sell a 49 per cent stake in an up to 9 GW portfolio of offshore wind projects to the investment arm of Ingka Group, the largest retailer in the IKEA franchisee system. The three projects are Galatea-Galene, located off the coast of Halland, Triton, located off the coast of Skåne, and […]

  • Highlights of the Month: November 2016

    5 December 2016

    Vattenfall Wins Kriegers Flak Tender with EUR 49.9 per MWh Bid Swedish energy company Vattenfall has won the tender to build the 600MW Kriegers Flak offshore wind farm in the Danish part of the Baltic Sea with the lowest ever bid of EUR 49.9 per MWh, 58% below the original cap of EUR 120 per […]

  • Bladt Reports Good 2016 Results. Eyes US, APAC Offshore Wind Markets

    7 April 2017
    Business & Finance

    According to Bladt Industries’ 2016 annual results, the company saw a very favourable year with offshore wind projects as the main driver. Bladt reported a revenue increase from DKK 3 billion (approx. EUR 403 million) in 2015 to DKK 3.5 billion (approx. EUR 470 million) last year.