Business & Finance
MacArtney Takes Over ASME
Esbjerg-headquartered MacArtney Underwater Technology Group has acquired the majority holding in Denmark-based ASME A/S, a manufacturer of offshore and renewable energy system solutions. ASME’s 125 strong staff design and manufacture complete systems to the marine offshore, ocean science and renewab
Vattenfall’s Wind Unit Marks a Dip in Q3 2016
Vattenfall’s Wind Business Area reported SEK 1.263 billion (EUR 130 million) in net sales in the third quarter of 2016, a 9% decrease compared to SEK 1.389 billion reported for the same period in 2015, due to ”lower prices received and less favourable wind conditions”. The Swedish energy company’s w
#OEECLive: The Answer, My Friend, Is Blowin’ in the Wind
As previously announced, readers/viewers of Offshore WIND on Wednesday had a chance to follow a live stream of the on-air talk show themed “From bust to boom,” recorded on the exhibition floor of the Offshore Energy Exhibition and Conference, being held in Amsterdam, the Netherlands. The session had
OEECLive: Watch Two Live Streams on Wednesday!
Offshore WIND crew are at the Offshore Energy Exhibition and Conference in Amsterdam, the Netherlands. On the second and final day of the event, we will be live streaming two talk shows from Community Square at the exhibition floor. First up is a talk show themed “From bust to boom” where there will
OEEC: Future Looks Bright for Offshore Renewables
The offshore renewable industry will be a valuable ingredient in the future energy mix but it is highly unlikely that it will ever be as big as the oil and gas industry, according to speakers and participants of a technical session titled ”Offshore Renewables“ which was held on Wednesday, 26 October
Offshore WIND Conference 2016: Review of the Day Two
The second day of the Offshore WIND Conference held in Amsterdam on 25 October kicked off with a presentation by Jasper Vis, Country Manager Netherlands at Dong Energy. Vis discussed the result of the Borssele 1 and 2 tender in the perspective of international cost reduction of offshore wind. “First
Iberdrola’s Renewables Unit Posts Weaker Results
Spanish energy company Iberdrola’s renewables division recorded a gross operating profit (EBITDA) of EUR 1.14 billion in the first nine months of 2016, down 3.3% compared to the first nine months of 2015, due to the poorer performance and the exchange rate effect in the United Kingdom. The company’s
SeaPlanner Eyes Southeast Asian Offshore Wind Market
UK based company, SeaPlanner Ltd, is to launch an international tender for businesses in the South East Asia offshore wind market interested in entering a reseller agreement for the company’s marine management software solution – SeaPlanner. SeaPlanner is a management and monitoring system which has
OEEC: O&G Supply Chain Can Benefit from Renewables
Oil & gas supply chain sector should start looking into ways to diversify into renewables as oil is expected to gradually lose its share in the fossil fuel mix and renewables are projected to be the fastest growing fuel source, Paul Appleby, BP’s head of Energy Economics, said during a panel discuss
Siemens Starts New Recruitment Round in Hull
Siemens has advertised new 140 production operative positions within the packing, finishing and service functions at its site on Hull’s Alexandra Dock. New roles for a Finance Manager, Purchasing Manager & LEAN Specialist have also been advertised. “This is our next big recruitment push, with these
DONG Scrutinizing Future of Oil & Gas Business
Danish energy company DONG Energy is reviewing strategic options regarding the future of its oil & gas business and has hired J.P. Morgan to conduct a preliminary market assessment. However, DONG has not made a decision to divest the oil & gas business yet, the company said in response to recent med
OEEC Technical Session Puts Offshore Renewables into Focus
Offshore Energy Exhibition and Conference (OEEC) is hosting a technical session on offshore renewables where industry experts will discuss developments in offshore wind, wave and tidal energy, presenting their market size and potential. The session, titled ”Offshore Renewables”, will be held at the
Gamesa Shareholders Approve Merger with Siemens
Gamesa’s shareholders representing 99.75% of the company’s share capital ratified the merger with Siemens Wind Power during an Extraordinary General Meeting held in Zamudio, Spain, on 25 October. Through this transaction, Gamesa will absorb Siemens’s wind power assets in exchange for newly-issued sh
KCI Designs Self-Installing Gravity Based Foundation for MonoBaseWind
MonoBaseWind has contracted Dutch engineering company KCI the Engineers for the basic engineering of the structural steel design of their self-installing Gravity Based Foundation (GBF) concept. This self-installing GBF is specifically developed for wind turbines with a capacity of over 6MW which nee