Search results for: Baltic 1

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  • 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 […]

  • Siem Offshore Reports First Quarter Results (Norway)

    10 May 2011
    Business & Finance

      Siem Offshore, an international supply and subsea shipping company, today announced results for the first quarter of 2011. The operating revenue for the first quarter was USD 68.9 million compared to USD 49.8 million for the same period of 2010. The operating margin was USD 21.8 million compared to USD 12.0 million for the […]

  • UK: SeaEnergy Announces H1 Results

    1 October 2012
    Business & Finance

    SeaEnergy, an innovative energy services group, has announced half year results for the six months ended 30 June, 2012. In the Annual Report for 2011, SeaEnergy’s Chief Executive and Chairman have described in some detail the changes made to the  strategic direction and governance of the Company. In this Interim Report, for the period to 30th […]

  • Fugro Bags Offshore Wind Contracts in South Korea and US

    22 April 2021
    Business & Finance, Contracts & Tenders

    Fugro has been awarded contracts in the offshore wind sector in South Korea and the U.S., according to the company’s results for the first quarter of 2021. In South Korea, Fugro has won a contract for a site investigation programme for a floating offshore wind farm. The company did not disclose any further details about […]

  • WindEurope Issues Initial Assessment of Brexit Implications

    7 July 2016

    WindEurope, formerly known as EWEA, today published an initial assessment of possible Brexit implications. The full article by WindEurope can be read below. The full impact and implications of the UK referendum, and what it means for the wind industry short and long term, are impossible to assess properly at this stage. But there are some points we […]

  • Germany: Windreich’s Subsidiary Achieves around EUR 36 Million Profit in 2012

    16 August 2013
    Business & Finance

    The principal subsidiary of Windreich, FC Windenergy achieves an operating profit of around EUR 36 million even in the difficult setting. FC Windenergy is mainly engaged in project development and project sales. The Windreich group generates a total asset of EUR 567 million due to the preliminary figures for 2012, a balance sheet total of […]

  • Third Annual Renewable Energy Finance Forum-West Conference (USA)

    1 October 2010
    Training & Education

    The third annual Renewable Energy Finance Forum (REFF)-West hosted by the American Council On Renewable Energy (ACORE) and Euromoney Energy Events in San Francisco this week brought together more than 400 investors, industry executives and policy makers for an engaging discussion on the state of the renewable energy industry, public policy, financial markets, and corporate […]

  • Beothuk Proposes 1GW Wind Farm off Nova Scotia

    22 December 2015
    Business & Finance, Wind Farm Update

    Canada’s Beothuk Energy has revealed plans to build a 1 gigawatt offshore wind farm off the coast of Nova Scotia. The project is estimated to cost CAD 4 billion (USD 2.87bn). Beothuk is proposing to manufacture and install the wind farm in shallow waters off Canada’s southwest coast. The power generated by the wind farm will be exported to New England via a […]

  • DONG Gets Rid of WWII UXO off Norfolk (VIDEO)

    13 October 2015
    Wind Farm Update

    Over 40 items of unexploded ordnance (UXO) from World War II have been safely detonated or removed from the Norfolk coast, having been discovered on the export cable route for DONG Energy’s Race Bank offshore wind farm. During a large scale offshore inspection campaign on the Race Bank site, 41 UXO items were discovered, ranging […]

  • Hamburg to Become Siemens’ Wind HQ (Germany)

    26 September 2011

      The new Siemens Wind Power Division headquartered in Hamburg will start operations on October 1. “Hamburg is a highly attractive location and at the same time one of the world’s most important wind power centers. For that reason we will in the future be running our fast-growing wind power business from this city,” said […]

  • alpha ventus – Germany’s First Offshore Wind Farm is Formally Commissioned

    27 April 2010
    Operations & Maintenance, Wind Farm Update

    Today, Federal Environment Minister Dr. Norbert Röttgen together with Chief Executive Officers Dr. Werner Brinker of EWE, Dr. Wulf Bernotat of E.ON and Tuomo Hatakka of Vattenfall Europe are commissioning Germany’s first offshore wind farm during a ceremony in Norddeich. Alpha ventus is the first open sea wind farm of its kind in Germany’s territorial […]

  • Reliably obtaining a cable repair vessel at short notice

    14 October 2019

        By Jakub Vastmans, Interim Director Service Product Management at NKT For decades, the power cable industry has been pushing the boundaries of high-voltage (HV) submarine power transmission. Over the years, new insulation technologies have emerged, voltage levels have increased, protection methods have improved, and novel monitoring technologies have been developed. The objective is […]

  • Pipeline Engineering Announces £7.75 Million Supply Contract for Phase I of Project (UK)

    19 November 2010

    CIRCOR International, Inc. a provider of valves and other highly engineered products and subsystems that control the flow of fluids safely and efficiently in the aerospace, energy and industrial markets, today announced that Pipeline Engineering, a subsidiary of its Energy Products Group, has won a £7.75 million contract with London Array Limited. Pipeline Engineering will […]

  • Able Marine Energy Park Gets Go-Ahead

    24 October 2014
    Authorities, Business & Finance

    The Joint Parliamentary Committee yesterday cleared the way for the multi-million pound Able Marine Energy Park (AMEP) on the South Bank of the Humber, UK. Able UK’s Executive Chairman Peter Stephenson said that this is brilliant news for the company, region, the UK and the job opportunities that it will create. The Joint Committee of the House of […]

  • UK: Coastline Completes Submarine Asset Survey for Wave Hub

    20 November 2013
    R&D

    Coastline Surveys was awarded a contract to carry out the submarine asset survey including Multi beam bathymetry and Side Scan sonar, ROV Visual inspection and Cable Burial surveys for Wave Hub. Additional Geotechnical investigations were undertaken in test berth 4 to assess the seabed nature for future anchoring of proposed test devices. The surveys for […]

  • Japan: MHI Holds Class on Wind Power to Elementary School Students in Iwaki City

    3 September 2013
    Training & Education

    On September 3 Mitsubishi Heavy Industries, Ltd. (MHI) conducted a science class by request at Yoshima Dai-ni (2nd) Elementary School in Iwaki City, Fukushima Prefecture, as part of its corporate social responsibility (CSR) activities. The class, offered to fifth graders, explained the concept behind wind power generation, including an experiment enabling easy understanding, in a […]

  • USA: Evanston officially starts its search for a developer interested in building an offshore wind facility

    5 May 2010
    Authorities, Business & Finance

    The city on Saturday released a Request for Information seeking wind farm proposals and set a June 30 deadline for developers to submit ideas. City staff prepared the five-page document after the Evanston City Council voted unanimously April 13 in favor of completing an RFI.

  • France: Progress towards Clean Energy Stalled, IEA Says

    18 April 2013

    The rapid expansion of renewable technologies is one of the few bright spots in an otherwise bleak assessment of global progress towards low-carbon energy, the International Energy Agency (IEA) said in an annual report to the Clean Energy Ministerial (CEM) yesterday. “The drive to clean up the world’s energy system has stalled,” IEA Executive Director […]

  • Europe Financed 4.2GW of New Offshore Wind in 2018

    18 April 2019
    Business & Finance

    Europe invested EUR 10.3 billion in new offshore wind farms with a combined capacity of 4.2GW in 2018, according to WindEurope’s annual Financing and Investment Trends report. Investments in new offshore wind projects increased by 37% from 2017 but were still some way off the record EUR 18.2 billion seen in 2016, according to the […]

  • US Wind Cleared to Install Maryland Offshore Wind Met Mast

    11 May 2017
    Wind Farm Update

    US Wind has received its final air emissions permit from the Maryland Department of the Environment to install a meteorological tower in the Maryland Wind Energy Area, with the company set to begin the installation process immediately.

  • PNE WIND Significantly Extends Its Offshore Wind Project Pipeline in Q3

    11 November 2013
    Business & Finance

    PNE WIND AG has issued its financial results for the first nine months of 2013, and stated that this period of the financial year was characterised by the setting of a decisive operational course. During this period, the PNE WIND successfully concluded the biggest capital transaction in the company’s history with a bond issue amounting […]

  • 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 […]

  • UK: JDR Posts Results for 2012

    19 April 2013
    Business & Finance

    JDR, a leading provider of technology connecting the global offshore energy industry, has published its results for the twelve months ended 31 December 2012 together with its Annual Report.  Andrew Norman, Chief Executive of JDR, said:  “I am delighted to report that JDR has delivered a record performance in 2012, which provides a platform for […]

  • Gainesville Company to Survey Birds off Atlantic Coast (USA)

    28 December 2010

    A Gainesville company is developing some high-tech ways to survey birds off the Atlantic coast through a federal grant to help regulators consider the effects of offshore wind turbines. The U.S. Bureau of Ocean Energy Management, Regulation and Enforcement — or BOEMRE — has awarded a $2.5 million grant to Pandion Systems Inc. to conduct […]

  • Spain: Iberdrola to Focus on Network and Renewables

    24 October 2012
    Business & Finance

    IBERDROLA projects average Ebitda and net earnings for the 2012-2014 period in line with the €7.65 billion and €2.8 billion recorded in 2011, enabling it to continue remunerating shareholders at a gross annual average of about €0.3 per share. The Group will achieve this through a strategy focused on moderating investments, which will be directed […]

  • USA: Interior Completes Second Lease Sale Offshore Virginia

    5 September 2013

    As part of President Obama’s Climate Action Plan to create American jobs, develop domestic clean energy sources and cut carbon pollution, the Interior Department completed the nation’s second competitive lease sale for renewable energy in federal waters, garnering $1,600,000 in high bids for 112,799 acres on the Outer Continental Shelf offshore Virginia. Virginia Electric and […]