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Business & Finance

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Top News of the Week, 17 – 23 October
Business & Finance

Top News of the Week, 17 – 23 October

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

about 10 years ago
Oceanteam Devising Restructuring Plan
Business & Finance

Oceanteam Devising Restructuring Plan

Oceanteam ASA is in the process of developing a restructuring plan to tackle ”serious financial restraints” caused by ”its current capital cost and structure, which is restricting its ability to develop in the interest of its stakeholders.” The current capital cost and structure have caused immediat

about 10 years ago
OffshoreWIND.biz Brings Livestream from Offshore Energy in Amsterdam
Business & Finance

OffshoreWIND.biz Brings Livestream from Offshore Energy in Amsterdam

OffshoreWIND.biz will live broadcast three talk-shows that are recorded at “Community Square” on the Offshore Energy Exhibition (OEEC) on 25 & 26 October 2016 in Amsterdam. In the 30 minute talk-shows, guests from the oil & gas industry, renewables industry and academia will discuss the bigger pictu

about 10 years ago
Peel Ports Great Yarmouth Starts Preparing for Offshore Wind Projects
Business & Finance

Peel Ports Great Yarmouth Starts Preparing for Offshore Wind Projects

Construction works to enhance port infrastructure at Peel Ports Great Yarmouth for several high profile offshore wind projects have begun, Peel Ports Group reports. A multi-million-pound co-investment has been agreed to support the construction of primary infrastructure and ground works for the Gall

about 10 years ago
Ohio Power Siting Board and LEEDCo to Hold Icebreaker Public Information Meeting
Business & Finance

Ohio Power Siting Board and LEEDCo to Hold Icebreaker Public Information Meeting

Ohio Power Siting Board (OPSB) will hold a public information meeting on the proposed 21MW Project Icebreaker offshore wind farm on 3 November, Lake Erie Energy Development Corporation (LEEDCo), the developer of the project, said. LEEDCo has invited all parties interested in the project to attend th

about 10 years ago
Engie-Led Consortium Pushes Ahead with French Offshore Wind Projects
Business & Finance

Engie-Led Consortium Pushes Ahead with French Offshore Wind Projects

A consortium led by French energy company Engie will submit permit applications for the development and operation of two offshore wind farms in French waters totalling close to 1GW in capacity at the beginning of 2017, Raphaël Tilot, Engie’s offshore wind power project director told Le Figaro. In Ma

about 10 years ago
RWE Gathers EUR 2.6 Billion via innogy IPO
Business & Finance

RWE Gathers EUR 2.6 Billion via innogy IPO

German energy company RWE AG has earned a total of EUR 2.6 billion through the recently launched initial public offering (IPO) of its renewable energy spin-off innogy SE. At the beginning of October, RWE had placed 70,707,000 innogy shares on the market from its holdings for approximately EUR 2.5 bi

about 10 years ago
Ontario Keeps 2011 Offshore Wind Moratorium, Says More Data Needed
Business & Finance

Ontario Keeps 2011 Offshore Wind Moratorium, Says More Data Needed

The government of Ontario, Canada, will keep its moratorium on offshore wind projects imposed in 2011 as it still does not have enough data to make an informed decision on whether to lift the ban, local media reported the province’s energy minister Glenn Thibeault as saying. Thibeault did not comple

about 10 years ago
EDF Energy Renewables Hires MHW to Do PR for Blyth Demo
Business & Finance

EDF Energy Renewables Hires MHW to Do PR for Blyth Demo

EDF Energy Renewables has appointed a PR consultancy, MHW, to provide communications support for the company’s Blyth offshore wind demonstrator project off the coast of Northumberland, UK. MHW will be assisting the EDF ER communications and project teams with media liaison, local community engagemen

about 10 years ago
Rob van der Hage, TenneT: Having Significant Responsibilities Requires a Vision
Business & Finance

Rob van der Hage, TenneT: Having Significant Responsibilities Requires a Vision

Rob van der Hage, Business Manager Offshore at TenneT Netherlands, will be one of the panellists in the closing discussion on short and long term potential at the Offshore WIND Conference and has provided an insight into the sector from an interesting point of view – that of an electricity transmiss

about 10 years ago
SAL Hits Mother Lode with Walney Extension Contract
Business & Finance

SAL Hits Mother Lode with Walney Extension Contract

Hamburg-headquartered SAL Heavy Lift has signed a contract with Van Oord for a long term engagement at the 660MW Walney Extension offshore wind project in the UK. MV Svenja is chartered for 30 voyages for transportation of 87 monopiles from Rostock, Germany, to Belfast, Northern Ireland, 47 transiti

about 10 years ago
Burntisland Orders Granada Pythons for Beatrice
Business & Finance

Burntisland Orders Granada Pythons for Beatrice

Burntisland Fabrications Limited has contracted Granada Material Handling to design, manufacture, deliver and commission 26 davit crane units for the Beatrice Offshore Windfarm Ltd (BOWL) project. Each of the Granada Python crane units has been specifically designed for Beatrice and the challenging

about 10 years ago
Fugro Lays Off More People, Offshore Wind Keeps Company Afloat
Business & Finance

Fugro Lays Off More People, Offshore Wind Keeps Company Afloat

“Challenging oil and gas market” has somewhat become an inevitable reference point in financial reports of companies working in the offshore energy sector. Still, those involved in the offshore wind market usually have positive figures to report. This is also the case with Fugro, whose revenue decli

about 10 years ago
N-Sea and Bodac Form UXO All-Rounder
Business & Finance

N-Sea and Bodac Form UXO All-Rounder

Subsea inspection, maintenance and repair (IMR) provider, N-Sea, and Bodac UXO, an unexploded ordnance (UXO) risk mitigation expert, have announced an agreement to jointly market and execute marine UXO survey, identification and removal projects across Belgium, the Netherlands, Germany and Scandinav

about 10 years ago
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