Business & Finance
Business Focus: IBG Companies in the News
With Offshore WIND heading towards the launch of its International Business Guide (IBG) 2017, the Business Focus articles will update you on the companies listed in our IBG that appeared in the news over the past few weeks. Bladt Industries The final six transition pieces for the 402MW Veja Mate off
RenewableUK Hails UK Content at Hornsea Project One
RenewableUK has welcomed the news that DONG Energy has awarded the UK-based JDR Cables with a multi-milion-pound contract to supply array cables to what will be the world’s biggest offshore wind farm, the 1.2GW Hornsea Project One. The British company will design and manufacture 242 kilometres of ar
JDR Strikes Gold with Hornsea Project One Contract
DONG Energy has awarded JDR with a contract to supply subsea power cables for the 1.2GW Hornsea Project One offshore wind farm, the largest array cable award in the company’s history. The contract will see JDR design and manufacture 242km of array cables, covering two thirds of the total wind farm c
TSG Marine Expanding, Picks Port of Blyth as Its Base
TSG Marine and Port of Blyth have announced a partnership that will see the provider of engineering solutions to the oil & gas, marine and renewables industries creating a base for its services at the Port. The engineering company has been looking for a waterside base to support its expansion plans
MHI Vestas Employing 70 at UK Blade Factory
MHI Vestas has announced 70 new jobs created in the Solent Region as the company is increasing production staff at its blade production facility on the Isle of Wight. Economic impact of MHI Vestas’ Blade Production facility in the last 12 months has been £135 million of economic output to the UK eco
Japan’s Largest Banks Eye More European Offshore Wind Financing
Negative interest rates in Japan have pushed two of the country’s biggest banks, Mitsubishi UFJ Financial Group (MUFG) and Sumitomo Mitsui Financial Group, to adding more project finance loans for, primarily European, renewable energy as infrastructure such as offshore wind farms brings strong yield
Borssele, Danish Nearshore Bids Slash LCOE in H2 2016
Competitive bidding for projects in Denmark and the Netherlands has driven global levelised costs of electricity (LCOE) from offshore wind down to a benchmark estimate of USD 126 per megawatt-hour in the second half of 2016, down 22% from the first half of 2016, and 28% from the second half of 2015,
M² Subsea Investing in 32 ROVs
Aberdeen and Houston based M² Subsea Limited, a recently formed subsea services business, has secured a private equity investment to acquire a fleet of 32 remotely operated vehicles (ROVs). M² Subsea is set to become one of the largest independent providers of ROV services globally after attracting
Highlights of the Month: October 2016
Elisa Floats Self-Installing Offshore Wind Turbine Researchers gathered around the EU-funded Elisa Project have developed an offshore wind turbine system that can be completely pre-assembled and pre-commissioned in controlled harbour conditions. The Big League Offering Lowest Offshore Wind Prices (I
DEME Inks Chinese Offshore Wind Deal with COSCO Shipping
Belgian DEME Group and Chinese COSCO Shipping have officially embarked on a joint journey to develop offshore wind energy in China, under an umbrella agreement signed on 31 October, following the two companies’ joint venture announcement in May. With the Chinese government aiming to significantly in
Boskalis to Start Laying Off Employees in November
The trade union CNV Vakmensen has agreed to the social plan related to Royal Boskalis Westminister’s fleet rationalization, announced in July. Mid-September, Boskalis’ Dutch Works Council agreed to the fleet rationalization and the related social plan. Boskalis will start with the implementation of
Maritime Partner to Build Daughter Boats for DONG’s SOVs
Norwegian boat builder Maritime Partner AS has signed a contract with the Spanish shipyard Astilleros Gondan for the delivery of four boats which will be stationed onboard two new Service Operation Vessels (SOV) working for the offshore wind power industry. The SOV’s are ordered by the Norwegian shi
RenewableUK: Britain Can Cash In On Offshore Wind Know-How Abroad
British companies have already won 115 contracts to provide services for 50 offshore wind projects abroad and can stand to benefit further from 250 offshore wind farms in development around the world, according to a document released by RenewableUK. The document shows that British companies are winn
Atlas Professionals to Hold a Recruitment Day in Liverpool
DONG Energy’s recruitment partner Atlas Professionals will host a recruitment day in Liverpool on 11 November. Atlas’ Liverpool recruitment day will be held at the Liverpool Gateway Conference Centre from 10 am to 4 pm GMT. With a variety of long-term frame agreements in place, the recruitment day w