Business & Finance
DHI Launches MetOcean Data Portal
DHI Group has unveiled a new MetOcean Data Portal which is said to deliver validated metocean data and analytics within minutes.
Update: European Patent Office Nods to SeaTwirl
The European Patent Office (EPO) has granted SeaTwirl a patent for a dynamic floating offshore wind turbine.
Nantes Saint-Nazaire Port Pushes On with Offshore Wind Plans
Natural Power and SeaRoc Group have completed a report to assist the Nantes Saint-Nazaire Port in France in preparations to accommodate the delivery of offshore winds farms.
BiFab Faces ‘Critical Cash Position’ while Working on Beatrice
BiFab is facing a critical cash position due to a challenging situation regarding its ongoing contracts for the Beatrice offshore wind farm. Given the circumstances, the company’s directors have filed a Notice of Intention to Appoint Administrators, however they hope a solution could be found and Bi
NKT Secures Moray East Preferred Bidder Status
NKT has signed a Preferred Bidder Agreement (PBA) with Moray East Offshore Windfarm Ltd for delivery and installation of export cable systems for the prospective 950MW Moray East wind farm off Scotland.
Triton Knoll Keeps Innogy On Track
German utility innogy has maintained the yearly outlook for the Renewables division’s business performance despite a 20% drop in division’s Adjusted EBIT in the first three quarters of 2017.
Half of Walney Extension Officially in Hands of PKA and PFA
Ørsted completed the divestment of 50% of its 659MW Walney Extension offshore wind farm to PKA and PFA today, 10 November.
Boskalis Continues Subsea Push as VBMS Stays Busy
Royal Boskalis Westminister is proceeding with a plan set out earlier this year to boost its presence in the subsea services market, after posting solid results in the segment in the third quarter of 2017.
Senvion Nine-Month Figures Get an Offshore Kick as Q3 Sees Slowdown
Senvion posted an increase in revenues at its offshore segment for the first nine months of 2017, however, the third quarter itself saw a decline compared to Q3 2016. The offshore revenues are driven by the completion of wind turbine installation at Nordsee One, which especially reflected on the res
EnBW: We Will Continue Investing Heavily in Wind Power
EnBW plans to continue the strategic reorientation and invest heavily in growth areas such as the Grids and Renewable Energies segments, with a particular focus on wind power, the German energy company’s Chief Financial Officer (CFO) Thomas Kusterer said.
Sif on Track for Record Annual Production in 2017
Dutch offshore foundations manufacturer Sif expects to end 2017 with a record annual production of around 222 Kton following solid results posted for the third quarter of the fiscal year.
New Offshore WIND International Business Guide Coming in February
The 7th edition of our annual Offshore WIND International Business Guide (IBG) will be published in February 2018.
Subsea 7 Q3 Results Get Beatrice Boost
Subsea 7 reported a revenue of USD 1,063.3 million (approx. EUR 916 million) for the third quarter of 2017, a 15% increase compared to Q3 2016, largely due to increased activity in the renewables sector with the Beatrice project being in the spotlight.
Siemens In Charge Of Electrical Infrastructure on Moray East Offshore Wind Farm
Moray Offshore Windfarm (East) Ltd and Siemens have signed a Preferred Bidder Agreement (PBA) for the onshore works, and offshore substation platform topsides for the 950MW Moray East offshore wind farm.