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  • Giving a Push to Energy Transition at Offshore Energy 2019

    10 October 2019

    Is the energy transition moving fast enough? Not yet. We can gain pace and we need to. Creating the opportunity to discuss collaboration, showcasing the necessary innovations, and learning from each other is what Offshore Energy set out to do this year. Combining oil, gas, marine energy, and offshore wind at one event, Offshore Energy […]

  • USA: GBI Research Releases Offshore Wind Market Forecast

    15 May 2013

      GBI Research, a leading business intelligence provider, has released its latest research, Offshore Wind Power Market Analysis and Forecast to 2020 – China’s Capacity Investments Position It to Overtake Germany by 2018, Second Only to the UK. The report gives an in-depth analysis of the global offshore wind power market, covering three major regions: […]

  • Spain: EDP Q1 Revenue Increased to EUR 346 Million

    9 May 2012
    Business & Finance

    EDP Renewables, a global leader in the renewable energy sector and the world’s third-largest wind energy producer, today announced that in 1Q 2012 electricity output increased by 18%YoY to 5.2TWh, as a result of the capacity growth over the last 12 months ( 619 MW) along with the increase in the average load factor to […]

  • Wind Energy Sector Employs 1.1 Million People Worldwide

    15 June 2016

    With Global Wind Day being celebrated today (15 June), it is only appropriate to bring out the statistics from IRENA’s “Renewable Energy and Jobs – Annual Review 2016” report, which shows that wind energy saw an employment increase of 5% in 2015 and that there are now 1.1 million people working in the sector. Renewable energy in […]

  • Renewables Employ 9.8 Million People in 2016

    25 May 2017

    More than 9.8 million people were employed in the renewable energy sector in 2016, according to a new report from the International Renewable Energy Agency (IRENA).

  • SMC Provides Marine Coordination at Butendiek OWF

    29 October 2014
    Business & Finance, Operations & Maintenance

    Specialist Marine Consultants Ltd (SMC) have been working with Siemens, providing offshore marine coordination for a fifth Siemens Wind Power construction project. The Butendiek offshore wind farm in the North Sea began construction in early 2014, and is due for completion mid-2015. SMC, based on the UK Yorkshire coast, have been working offshore undertaking marine […]

  • DNV Obtains Accreditations by A2LA for Power Quality Testing on Wind Turbines (USA)

    1 July 2011
    R&D, Technology

      A2LA’s accreditation for power quality testing of wind turbines is in accordance with ISO/IEC 17025:2005 for power quality testing per the IEC 61400-21 power quality testing standard for wind turbines. Only a handful of organizations worldwide have achieved accreditation in this area; DNV is the only private company in the U.S. to have successfully […]

  • GE Appoints New LM Wind Power CEO

    14 March 2018
    Business & Finance, Jobs & Recruitment

    GE Renewable Energy has appointed Duncan Berry as Chief Executive Officer (CEO) of LM Wind Power. Berry will succeed Marc de Jong, LM Wind Power’s CEO since June 2015, who will leave the company at the end of April 2018.

  • Portugal: EDP Renewables Announces First Quarter 2011 Results with EBITDA up by 19pct

    27 July 2011
    Business & Finance

    EDP Renewables, a global leader in the renewable energy sector and the world’s third-largest wind energy producer, today announced that an additional 1.37 GW of capacity were installed over the last 12 months, of which 486 MW were added in 1H 2011 (around 60% of the expected installation for FY 2011). Electricity output in 1H […]

  • SeaTwirl Names New CEO

    8 May 2020
    Business & Finance

    The Board of Directors of Swedish wind power company SeaTwirl has appointed Peter Laurits, Vice Chairman of the Board, as the company’s new CEO, effective immediately. With Laurits now taking the helm, the interim CEO Peter Schou, who was heading the company during the spring, will work in parallel with the new CEO during a transition […]

  • Building for the future: Keppel PELS

    3 August 2012

    The Singapore based Keppel FELS also has its roots in building huge offshore jack up platforms for the oil and gas industry. It is a subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), which, in turn, is a wholly owned company of Keppel Corporation Limited. This yard not only builds the vessels but also […]

  • Worldwide Wind Capacity Hits 392GW

    10 September 2015

    The worldwide wind capacity reached 392’927 MW by the end of June 2015, out of which 21’678 MW were added in the first six months of 2015. This increase is substantially higher than in the first half of 2014 and 2013, when 17,6 GW respectively 13,9 GW were added. All wind turbines installed worldwide by […]

  • The Netherlands: Fugro Lifts Profit Outlook Due to Higher Demand for Energy

    18 November 2011

      This profit forecast does not take into account the change in the fair value of Fugro’s participation in Electromagnetic Geoservices ASA (EMGS). Based on the current EMGS share price the value of the investment would be around EUR 7 million higher. The net result after tax of Fugro for 2010 was EUR 272.2 million […]

  • Scottish First Minister Launches Energy MBA

    11 April 2012
    Authorities, Training & Education

    Energy experts from around the world are to come to Glasgow to study as part of an international MBA programme launched today by the First Minister. The bespoke MBA (Masters in Business Administration) will also give ScottishPower workers based in Scotland the opportunity to gain an international qualification. Alex Salmond announced details of the course […]

  • UL to Acquire German DEWI

    3 April 2012
    Business & Finance

    UL, a world leader in advancing safety, has entered into a definitive agreement to acquire DEWI GmbH, a world leader in wind energy measurement and testing services, from the German state of Lower Saxony. Additionally, UL has agreed to acquire a 50.8 percent stake in DEWI GmbH, an accredited DAP (German accreditation) certifier of onshore […]

  • North Sea to Drive Global Development in Offshore Wind Industry (Belgium)

    29 June 2011

    Global wind power is forecast to more than double from 194.4GW at the end of 2010 to 450GW by 2015 according to a five-year industry forecast by the Global Wind Energy Council (GWEC) – thanks to a growing trend toward offshore wind, primarily in the North Sea. The report highlighted the strong global investment in […]

  • Gamesa Reports 20 pct Growth in Net Profit (Spain)

    11 November 2011
    Business & Finance

    Gamesa continued to expand profitably during the first nine months of 2011, throughout which it continued to focus on strengthening expansion abroad, efficient management and cost control, launching new products, and maintaining the pace of activity in all business areas, with results in line with 2011 guidance in terms of volume, profitability and debt. Between […]

  • UK: Expro Sells Connectors & Measurements (C&M) Business

    20 March 2012
    Business & Finance, Grid Connection

    Arle Capital Partners today announces that portfolio company Expro International “Expro”, the international oilfield service company, has agreed to sell its Connectors & Measurements (C&M) business, including the Tronic and Matre brands, to Siemens AG at a valuation of US$630 million. Expro’s C&M business is a market leader in the design, manufacture, assembly and installation […]

  • TFKable Cleared to Acquire JDR

    24 August 2017
    Business & Finance

    Group TELE-FONIKA Kable (TFKable Group) has received regulatory approval for its acquisition of JDR Cable Systems (Holdings) Ltd. (JDR), a UK-based supplier of subsea umbilicals and power cables to the offshore energy industry.

  • Vestas Q2 Revenue, Earnings Up

    26 August 2015
    Business & Finance

    In the second quarter of 2015, Vestas generated revenue of EUR 1,749m, an increase of 30 percent compared to the year-earlier period. EBIT before special items increased by EUR 41m to EUR 145m. The intake of firm and unconditional wind turbine orders amounted to 3,018 MW in the second quarter of 2015. The value of […]

  • Dron & Dickson Targets Renewables Market from Hull

    10 June 2014
    Business & Finance, Technology

    Dron & Dickson, specialists in design, supply and maintenance of hazardous area electrical equipment, has appointed a new sales manager to oversee its Hull operation. Robert Courtney, who joined Dron & Dickson as a sales coordinator at its Aberdeen office in 2013, has been promoted to the role of sales manager at the Hull branch. […]

  • The Netherlands: Demand Increases for Amarcon’s OCTOPUS-Office

    16 February 2012

    This year Amarcon noticed an increase in orders for her hydrodynamic analysis software: OCTOPUS-Office. In the last few months major companies within the maritime industry like Shanghai Zhenhua Heavy Industry Co., Ltd. (ZPMC), Mammoet and RWE Innogy placed an order for the software. Newcomer within the industry Hansa Heavy Lift GmbH and maritime consultants like […]

  • IEA: Renewables to Lead World Power Market Growth by 2020

    2 October 2015
    Business & Finance, R&D

    Renewable energy will represent the largest single source of electricity growth over the next five years, driven by falling costs and aggressive expansion in emerging economies, the IEA said Friday in an annual market report. Pointing to the great promise renewables hold for affordably mitigating climate change and enhancing energy security, the report warns governments […]

  • 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 […]

  • The Netherlands: Stijn Folkers Appointed as Commercial Director of Blue Offshore

    27 April 2011

      Blue Offshore announced today the appointment of Stijn Folkers to the role of Commercial Director. Folkers will be responsible for the management of Blue Offshore’s Commercial Departments. Folkers has a strong background in the offshore industry. He served most recently as Manager of Contracts at Seaway Heavy Lifting, where he was responsible for negotiating […]

  • The Netherlands: IK to Partner with Ampelmann

    31 July 2013
    Business & Finance

    Funds managed by IK Investment Partners (“IK”) are to acquire a majority stake in Ampelmann, a Dutch-based leading supplier of Motion Compensated Gangway (MCG) systems to the offshore energy sector, from its founders. Financial details for the transaction were not disclosed. Headquartered in Delft, the Netherlands, the company is the leading supplier of MCG systems […]