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Business & Finance

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Rotterdam Offshore Enlarging
Business & Finance

Rotterdam Offshore Enlarging

Rotterdam Offshore Group (ROG) has started expanding its facilities in the Waalhaven to accommodate vessels of up to 320m in length where previously the maximum vessel length was 200m, and to increase the storage facility from 14,000m² to 21,700m².

about 9 years ago
Scottish Enterprise Guides O&G Firms to Offshore Wind Opportunities
Business & Finance

Scottish Enterprise Guides O&G Firms to Offshore Wind Opportunities

Scottish Enterprise has issued a new guide aimed at Scotland’s oil and gas supply chain to maximise opportunities in additional markets.

about 9 years ago
Aberdeen Harbour Expansion Greenlighted
Business & Finance

Aberdeen Harbour Expansion Greenlighted

Aberdeen Harbour Board officially approved a GBP 350 million development plan to expand the habour last month, after receiving construction and dredging operations licenses from the authorities. Following the project go-ahead, Aberdeen Harbour signed a contract with Dragados UK for the construction

about 9 years ago
Masdar Acquires 25% Stake in Statoil’s Hywind Scotland Project
Business & Finance

Masdar Acquires 25% Stake in Statoil’s Hywind Scotland Project

Statoil has agreed to divest 25% of its assets in Hywind Scotland pilot park, the world’s first floating wind farm, to Masdar.

about 9 years ago
Subsea 7 Aims at Full Ownership of Seaway Heavy Lifting
Business & Finance

Subsea 7 Aims at Full Ownership of Seaway Heavy Lifting

Subsea 7 informed today that it had made an offer to acquire the 50% shareholding in Seaway Heavy Lifting (SHL) currently owned by K&S Baltic Offshore (Cyprus). If the offer is accepted, Subsea 7 would become the sole owner of SHL, since it already holds a 50% interest in the company.

about 9 years ago
Prysmian Picks Tekmar Cable Protection Systems for Rentel
Business & Finance

Prysmian Picks Tekmar Cable Protection Systems for Rentel

Cable protection systems (CPS) supplier Tekmar Energy has won a contract to supply Prysmian PowerLink with 84 of its TekLink CPS units for the 3o9MW Rentel offshore wind farm project in Belgium. The supply for the contract will be executed in Tekmar’s production facility in the North East of England

about 9 years ago
DONG’s UK East Coast Community Fund Up for Grabs
Business & Finance

DONG’s UK East Coast Community Fund Up for Grabs

UK community fund administrator GrantScape has, on behalf of DONG Energy, opened the first round of applications for the East Coast Community Fund available to coastal communities on the Yorkshire, Lincolnshire, and North Norfolk coasts. The East Coast Community Fund has been set up to ensure that l

about 9 years ago
Ecosse Subsea Services Secures Funding for Renewables Push
Business & Finance

Ecosse Subsea Services Secures Funding for Renewables Push

Aberdeenshire-based Ecosse Subsea Services (ESS) has agreed a multi-million-pound revolving credit facility with full service bank Handelsbanken. The new relationship is expected to support the Banchory-based subsea engineering specialist as it tenders for larger renewables and power generation cont

about 9 years ago
Offshore Marine Management Bolsters Management Ranks
Business & Finance

Offshore Marine Management Bolsters Management Ranks

Bristol-based subsea specialist Offshore Marine Management (OMM) has added two new members to its team this January. Perry Symons has joined OMM as chief operating officer. Overseeing OMM international offshore projects, he will also co-ordinate service development at a strategic level. Symons is sa

about 9 years ago
Top News of the Week, 09 – 15 January 2017
Business & Finance

Top News of the Week, 09 – 15 January 2017

Vattenfall Buys 584MW Offshore Wind Project in German North Sea Swedish utility Vattenfall has bought the 584MW Atlantis I offshore wind project in the German North Sea from PNE Wind AG. Sea Mine Found at Gode Wind 2 Goes Kaboom The sea mine which was found floating near the Gode Wind 2 wind farm si

about 9 years ago
Largest Ever 8MW Order Lands on MHI Vestas Desk
Business & Finance

Largest Ever 8MW Order Lands on MHI Vestas Desk

Following the approval from the German consenting authority ‘Bundesamt für Seeschifffahrt und Hydrographie’ (BSH), DONG Energy placed an order with MHI Vestas Offshore Wind for the 450MW Borkum Riffgrund 2 project, marking the largest ever order for the wind turbine manufacturer.

about 9 years ago
FPP Raising EUR 10 Million to Advance Its Hybrid Wind-Wave Technology
Business & Finance

FPP Raising EUR 10 Million to Advance Its Hybrid Wind-Wave Technology

Danish company Floating Power Plant (FPP) has embarked on a EUR 10 million capital raise, supported by the company Johnston Carmichael.

about 9 years ago
GIB Offshore Wind Fund Breezes Past GBP 1 Billion Mark with Lincs Buy
Business & Finance

GIB Offshore Wind Fund Breezes Past GBP 1 Billion Mark with Lincs Buy

The Green Investment Bank (GIB) Offshore Wind Fund has passed its initial GBP 1 billion target with its sixth UK asset acquisition, a 44% stake in the 270MW Lincs offshore wind farm. With the latest investment, the fund has GBP 1.12 billion worth of assets under management. The total capacity of the

about 9 years ago
DONG Energy and GIB Hammer Out Lincs O&M Contract
Business & Finance

DONG Energy and GIB Hammer Out Lincs O&M Contract

DONG Energy has agreed to enter into a long-term contract to provide operation and maintenance (O&M) services to the Lincs offshore wind farm located off the coast of North East Lincolnshire, UK. The new O&M contract for the wind farm follows the news that Centrica and Siemens Project Ventures agree

about 9 years ago
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