VBMS and Kintech Energy Ltd. have jointly developed a resin-free hang-off solution for fixing and sealing subsea cables in offshore structures which could potentially be used on the Horns Rev 3 wind farm off Denmark.
MMT has begun the offshore geophysical survey of the proposed cable corridor between the landfall areas near Portsmouth, England, and Dieppe, France, for the Aquind Interconnector project.
Monopile foundations are the best option for next generation turbines because they are the most cost-effective solution in the market, Michel Kurstjens, Chief Commercial Officer of Sif Group, said.
Beijing-based Huadian Heavy Industries has signed a contract with Hebei Construction & Investment Offshore Wind Power for the construction of the 300MW Laoting Body Island offshore wind farm in Tangshan, China.
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.
Zhongtian Technology (ZTT) has signed an agreement with China Merchants Heavy Industry for the construction of two wind turbine installation vessels (WTIVs) and one crane vessel, after the Chinese power cables manufacturer entered the offshore wind construction market this summer.
Lars Blicher, CEO and Director at Swire Blue Ocean, resigned from the position on 16 November.
Legal & General has provided approximately GBP 300 million of long-term acquisition debt in support of Danish pension funds, PKA and PFA consortium’s GBP 2 billion purchase of 50% of Walney Extension from Ørsted (former Dong Energy).
Seaway Heavy Lifting (SHL), SSE and the partners to the Beatrice offshore wind project, JCE Offshore, have provided a financial package that will make sure BiFab completes its Beatrice contract, while the Scottish Government continues working with the company and the involved trade unions to find a
A new cost-model which can be used to benchmark costs on jacket foundations will be presented in early 2018, as one of the working groups within a Bladt Industries-led jacket foundation taskforce is now working on the cost-model.
BiFab Crisis: Workers Rally at Scottish Parliament as Unions Urge SSE to ‘Rein In’ SHL The trade unions supporting BiFab workers have called on SSE to ‘rein in’ the contractor Seaway Heavy Lifting (SHL) and save 1,400 jobs in Fife and Lewis. On 16 November, SSE issued a statement saying that, as a 1
Avangrid, the U.S. arm of the Spanish renewable energy giant Iberdrola, has announced the pricing of 3.150% of its notes in aggregate principal amount of USD 600 million, and will use the net proceeds of the offering to finance and/or refinance its renewable energy projects in the U.S., including of
Ørsted has sold its first green bonds for EUR 1.25 billion (almost DKK 10 billion), which will, among other purposes, be used for new and existing offshore wind projects.
In 2018 there will be plenty of offshore wind projects starting construction, and others reaching full operation, and perhaps even one or two ready for decommissioning.
