Royal Boskalis Westminster N.V. (Boskalis) has announced the start of its share buyback program. Within the framework and based on the principles of its business plan for the 2014-2016 period, Boskalis intends to execute a buyback program for up to 10 million of its own shares. The program will be e
SeaEnergy PLC’s growth trend continues, with new and extended contracts across all segments of the business in line with strategy, the company announced today in a trading update. SeaEnergy’s Consulting business is constantly growing. The contract with DONG Energy has been extended in scope and term
Royal Boskalis Westminster N.V. (Boskalis) realized a net profit of EUR 253 million in the first half of 2014 (H1 2013: EUR 123 million). Revenue rose 21% in the first half of the year to EUR 1.5 billion (H1 2013: EUR 1.3 billion). Organic revenue growth was 13.4%. EBITDA amounted to EUR 466 million
The wind farm project developer, PNE WIND AG has published the results for the second quarter and first half year of 2014. The rate of growth achieved represents an increase over the first three months of the year and was driven with the completion and sale of various wind farm projects. With new pe
Goltens Worldwide Management Corp. (GWMC) has appointed Roy Strand as Chief Operating Officer. Strand has previously served as the Vice President of Operations in the Americas and Europe, and will continue to serve as the Advisory Board Chairman within the Goltens Worldwide group of companies. Prior
MPI Offshore will provide its vessel MPI Adventure and its services in general for the Sandbank offshore wind farm, developed by Vattenfall and Stadtwerke München. The company will perform the offshore transport and installation of all 72 Siemens 4MW wind turbines, together with a wide range of rela
MAKE Consulting issued a new report called Global Wind Turbine Supply Chain 2014. The 110+ page report offers comprehensive insights into supply-demand dynamics across all key wind turbine components based on global and regional analysis of sourcing trends, production capacities and competitive land
MacArtney is has opened a dedicated slip ring service facility in Singapore. Operating out of a new and purpose designed in-house workshop equipped with the latest tools and equipment, the new service facility is capable of performing complete refurbishment, repair and maintenance of all standard Mo
The offshore wind market in China has turned out to be sluggish and did not fulfill Siemens’ expectations when it comes to the speed of its development, as the company had a plan to hold 30% of Chinese offshore wind market. After witnessing that the offshore wind industry in China is not developing
Riffgat offshore wind farm, Germany’s first commercial wind farm in the North Sea, has exceeded expectations in power production, even though it has been feeding power since February. The offshore wind farm was officially launched on August 10 last year. However, due to the delayed grid connection,
Dale Power Solutions of Scarborough, which makes and services uninterrupted power systems and generators, is the latest company to join Hull-based Team Humber Marine Alliance (THMA), as the company is targeting the Humber region because of its increasing importance as a renewable energy hub. Mark Ca
Five green start-ups from the Netherlands, the United Kingdom, France and Vietnam will compete in the finale of the Postcode Lottery Green Challenge, an annual worldwide competition for green start-ups. One of these entrepreneurs will win €500,000 to realise his or her sustainable business plan. Ano
ABB has won an order worth around $30 million from DONG Energy to supply a high-voltage export cable system that will transmit power from the Burbo Bank Extension Offshore Wind Farm in the UK. ABB’s project scope includes the design, engineering, supply and commissioning of the 25 kilometer (km) lon
Jan Kjærsgaard is joining Bladt Industries as CEO, replacing Peter Rindebæk, who will continue as COO and deputy CEO. Peter Rindebæk was appointed CEO of Bladt in 2005, and has since been an instrumental in developing Bladt into the successful company it is today. However, the Board of Directors and