Search results for: £3.2

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6 May 2015 Business & Finance

James Fisher will acquire the entire share capital of Mojo Maritime Limited (MML), the company said this morning. The initial consideration is £3.2m in cash, plus potential future consideration of £0.3m if the earnings before interest and taxation are £0.65m or greater for the year ending 31 December 2015. Founded in Falmouth ten years ago by Richard […]

24 June 2014 Authorities, Business & Finance

Ignacio Galán, chairman of IBERDROLA and ScottishPower, today told the UK Energy and Climate Change Secretary Ed Davey in London that the company’s ambitious investment programme in the UK will help ensure security of energy supply and was optimistic on bringing its major offshore wind programme to fruition. Secretary of State Davey was visiting IBERDROLA’s […]

20 August 2013 Business & Finance

James Fisher and Sons plc ("James Fisher") today announces the sale to Hadley Shipping (Ro-Ro) Limited of its 25% shareholding in Foreland Holdings Limited ("Foreland") for an initial consideration of £11.4m with potential additional consideration on the sale of two vessels owned by Foreland. Foreland was established in 2001 as a Private Finance Initiative to […]

2 August 2013

A newly extended pier in Orkney is currently host to more tidal energy technologies than at any other single site in the world. Five tidal energy developers – OpenHydro, Alstom Hydro, Scotrenewables Tidal Power, ANDRITZ Hydro Hammerfest and Voith Hydro – have all used the new facilities in recent weeks, with four devices currently on […]

10 May 2013 Authorities, Business & Finance, Training & Education

  A doubling of planned funding to improve oil and gas training facilities and develop other energy sector skills courses has been announced by the First Minister. Led by Skills Development Scotland and located at Robert Gordon University, Energy Skills Scotland (ESS) is being backed by an investment package worth £6.5 million – double the […]

1 May 2013

A ceremony took place yesterday to mark the opening of a pier in Orkney that will serve as a major base for the marine renewable energy industry. At 385 meters – almost a quarter of a mile - the newly extended Hatston Pier is now Scotland’s longest commercial deep-water berth. The 160-metre extension to the […]

25 April 2013

Scotland’s longest commercial deep-water berth has been created in Orkney with the completion of a new extension at Hatston Pier. The 160-metre extension to the existing 225-metre pier will be officially opened next week by Neil Kermode, Managing Director of EMEC, the Orkney-based European Marine Energy Centre. The £8 million project is a key component […]

16 August 2012 Business & Finance

Gravitas Offshore Limited is the latest UK company to secure innovation funding from a DECC and Technology Strategy Board (TSB) innovation scheme to support the development of next generation offshore wind technology.  Energy and Climate Change Minister Greg Barker said: “The Coalition is committed to driving green growth and spurring on low carbon innovation. This […]

23 May 2012 Business & Finance

 A project by the Energy Technologies Institute to identify ways of providing a cost effective deployment of tidal stream technologies at commercial scale in UK waters, has been announced at All-Energy by Charles Hendry, the Minister of State for the Department of Energy and Climate Change. The Tidal Energy Converter (TEC) System Demonstrator project will […]

17 November 2011 Business & Finance

As a result of the unusually warm weather experienced in the UK in recent months, and the corresponding impact on consumption, it is currently anticipated that Centrica's 2011 earnings may be marginally lower than current market expectations, with the reduction in operating profits offset in part by lower interest and tax charges. Subject to weather […]

23 August 2011 Business & Finance

  Safety seals manufacturer Roxtec has reported a 20 per cent jump in UK sales for its last financial year, taking turnover to £3.2m.   (menmedia) [mappress] Source: menmedia, August 23, 2011