Business & Finance
Ingeteam Introduces New O&M Optimisation Tool
Ingeteam has developed a new computer tool that will allow calculation of optimal O&M strategies. According to the company, the tool, developed under the POSEIDOM project, will reduce uncertainty related to costs during the operation of offshore wind farms.
Masdar’s Share in Hywind Scotland Valued at GBP 52.5 Million
Masdar has invested GBP 52.5 million (approx. EUR 61 million) in Hywind Scotland Pilot Park, according to Scottish Development International (SDI), as Abu Dhabi’s renewable energy investor agreed with Statoil to take a 25% stake in the project.
May: Good Post-Brexit UK-EU Relationship in Both Sides’ Interests
In her keynote Brexit speech – Plan for Britain – which includes 12 priorities that the UK government will use to negotiate Brexit, UK Prime Minister Theresa May has made clear her support for renewable energy and said that the UK is at the forefront of fields such as science, innovation, and clean
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.
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.
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
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.
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.
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
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
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
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
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
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.