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Business & Finance

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VBMS – A Busy Boskalis Business
Business & Finance

VBMS – A Busy Boskalis Business

While its mother company Boskalis reported a revenue decline of 20% for 2016, VBMS achieved an 80% increase in revenue from offshore wind projects including Sandbank, Nordergründe, Rampion, Galloper, Egmond, Aberdeen, Borssele and Blyth.

about 9 years ago
E.ON Reshuffles Management Board
Business & Finance

E.ON Reshuffles Management Board

Germany-headquartered energy company E.ON has appointed Anja Dotzenrath as the new Chief Executive Officer (CEO) of E.ON Climate & Renewables and Michael Lewis, the current CEO of the company’s renewables division, as the new CEO of E.ON UK.

about 9 years ago
Ofgem Opens Tenders for Galloper and Walney Extension Links
Business & Finance

Ofgem Opens Tenders for Galloper and Walney Extension Links

UK’s energy market regulator Ofgem has invited companies to submit bids to own and run links to the 336MW Galloper and the 660MW Walney Extension offshore wind farm.

about 9 years ago
Gaelectric, Ideol Unveil Floating Wind Plans for Ireland
Business & Finance

Gaelectric, Ideol Unveil Floating Wind Plans for Ireland

Irish renewable energy group Gaelectric has partnered with Ideol to develop floating offshore wind energy projects in Irish waters using Ideol’s Damping Pool technology.

about 9 years ago
Senvion Swings Job Axe
Business & Finance

Senvion Swings Job Axe

German wind turbine manufacturer Senvion plans to cut 780 jobs mainly at its facilities in Husum, Trampe and Bremerhaven in an effort to ”make the company competitive again.”

about 9 years ago
Subsea 7 Becomes Sole Owner of Seaway Heavy Lifting
Business & Finance

Subsea 7 Becomes Sole Owner of Seaway Heavy Lifting

Subsea 7 acquired 50% stake in Seaway Heavy Lifting (SHL) from K&S Baltic Offshore (Cyprus) on 10 March. SHL was a joint venture company in which Subsea 7 held a 50% interest, hence the company is now a wholly-owned subsidiary of Subsea 7.

about 9 years ago
Statoil and PNE Wind Stake US Offshore Wind Claims
Business & Finance

Statoil and PNE Wind Stake US Offshore Wind Claims

The US Bureau of Ocean Energy Management (BOEM) has received unsolicited lease requests, filed separately by Statoil and PNE Wind USA, seeking to develop offshore wind energy projects on the Outer Continental Shelf (OCS).

about 9 years ago
Saint-Brieuc Case: Nass & Wind Disputes Award Decision
Business & Finance

Saint-Brieuc Case: Nass & Wind Disputes Award Decision

Nass & Wind is not giving up on challenging the French government regarding the Saint-Brieuc offshore wind site. Even though the company’s complaint on the authorisation of project modification was recently dismissed at the Administrative Court in Rennes, Nass & Wind is still proceeding with its mai

about 9 years ago
Top News of the Week, 6 – 12 March 2017
Business & Finance

Top News of the Week, 6 – 12 March 2017

Artificial North Sea Island Plan Moves Ahead TenneT Netherlands, Energinet.dk and TenneT Germany will sign a trilateral agreement on developing the North Sea Wind Power Hub project during the North Seas Energy Forum in Brussels on 23 March, in the presence of Maroš Šefčovič, European Commissioner fo

about 9 years ago
EEW Opens Production Plant at Verbrugge Zeeland Terminal
Business & Finance

EEW Opens Production Plant at Verbrugge Zeeland Terminal

German foundations manufacturer Erndtebrücker Eisenwerk (EEW) opened a new production facility at the Verbrugge Zeeland Terminal in Vlissingen on Thursday, 9 March.

about 9 years ago
Prysmian Scores North Sea Offshore Wind Brace
Business & Finance

Prysmian Scores North Sea Offshore Wind Brace

Italy-based cable manufacturer to deliver inter-array cable systems for the 400MW Merkur and the 407MW Horns Rev 3 offshore wind farm

about 9 years ago
SPIC and Mingyang Ink Offshore Wind Cooperation Agreement
Business & Finance

SPIC and Mingyang Ink Offshore Wind Cooperation Agreement

China’s State Power Investment Corporation and Mingyang Electric Group have signed a strategic cooperation agreement to promote development of offshore wind power in Guangdong.

about 9 years ago
Certex Opens Hull Office
Business & Finance

Certex Opens Hull Office

Certex UK is to expand its renewables and lifting operations in the Humber region with the opening of a new office and workshop in Hull, and plans for long-term investment in the local community. The new facility is described as fundamental to the company’s support plans for the burgeoning offshore

about 9 years ago
Butendiek Owners Seal EUR 950 Million Refinancing Deal
Business & Finance

Butendiek Owners Seal EUR 950 Million Refinancing Deal

The joint owners of the 288MW Butendiek offshore wind farm have announced a successful conclusion of the refinancing for the project valued in excess of EUR 950 million.

about 9 years ago
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