Business & Finance
ESNA Lands Grants to Develop Wind Farm Service Vessel
ESNA, a Norwegian designer of air cushioned catamarans and Surface Effect Ships (SES), has received grants totalling NOK 3.5 million (approx. EUR 370,000) to develop the next generation SES for offshore service operations. ESNA received a NOK 3 million grant from the Regional Research Council Agder,
Van Oord Believes in Offshore Wind Despite Risks
Offshore wind has proven to be ”a solid third foundation” in Van Oord’s business strategy in recent years, but the industry is set to remain a high-risk proposition due to its dependence on the political support of governments in northwest Europe, the Dutch dredging, marine engineering, and offshore
Vattenfall Starts Developing 1.8GW Norfolk Vanguard
Sweden-headquartered Vattenfall has started development of the 1.8GW Norfolk Vanguard offshore wind farm project off the coast of Norfolk, following the recent agreement with The Crown Estate to take the project into the planning process. Vattenfall and The Crown Estate have also agreed to develop t
Report: EU Could Save Billions by Choosing Renewables over Gas
EUR 11.4 billion could be saved if the EU switches its plans from new-build gas infrastructure to renewable energy, the report from consultants Artelys and Climact, backed by WWF and others, shows. The report, titled A Perspective on Infrastructure and Energy Security In the Transition, finds that t
Ordtek Launches Mine Map for UK EEZ
Suffolk-based unexploded ordnance (UXO) specialist Ordtek has introduced an online map designed to aid the developers of offshore energy projects to determine the location of unexploded mines and bombs around the UK coastline. The Mine Map shares data about areas mined by the British and Germans dur
Report: UK Offshore Wind On Track to Hit GBP 100/MWh Target by 2020
A report published today has provided strong evidence that the cost of energy from offshore wind in UK continued to fall through 2015 and remains on track to deliver the target of GBP 100/MWh by 2020. Of the 13 cost reduction indicators, all but one are ahead or on target with the milestone set for
N-Sea Dives into French Waters
The Netherlands-headquartered subsea inspection, maintenance and repair (IMR) services provider N-Sea, has signed a Letter of Intent (LoI) with CERES Recherches & Expertise Sous-Marine and TechSub Industrie Environement, to provide subsea survey, installation and remediation services to the French o
American Oil and Gas Businesses Can Tap into Offshore Wind
With the development of offshore wind industry on the United States’ horizon, the country is embarking on a journey Europe has been on for a while now, and is facing the same challenges, especially when it comes to reducing the cost of electricity generated by turbines at sea. On the other hand, com
Top News of the Week Mar 7 – 13, 2016
UK’s Round 3 Offshore Wind Developers Reveal New Projects The Crown Estate has announced agreements with offshore wind developers ScottishPower Renewables, Vattenfall and DONG Energy, which have reconfigured or identified new projects within their respective Round 3 offshore wind development zones i
JBIC Approves EUR 244 Million Loan for Eneco Luchterduinen OWF
The Japan Bank for International Cooperation (JBIC) has approved a EUR 244 million loan agreement for the 129MW Eneco Luchterduinen offshore wind farm in the Dutch part of the North Sea. The Eneco Luchterduinen wind farm, developed and owned jointly by Japan’s Mitsubishi Corporation and the Dutch en
CDPQ Commits USD 150 Million to Indian Renewables
Caisse de dépôt et placement du Québec (CDPQ), a shareholder of the London Array offshore wind farm, will invest USD 150 million in renewable energy in India. The Canadian institutional fund manager also established its Indian office in New Delhi, and appointed Anita Marangoly George as Managing Dir
Maersk Training Offers Funded OW Courses to South Tynesiders
Maersk Training in Newcastle is inviting South Tyneside residents aged 19 or over to enroll onto its range of funded and accredited education programmes designed to support individuals gain entry into the offshore wind energy market. For anyone aged 19 – 24, places are available on the Wind Turbine
DONG Picks Fugro for Walney Extension Seabed Surveys
DONG Energy has appointed the Portsmouth-based Fugro EMU to carry out offshore pre-construction surveys for the Walney Extension offshore wind farm off the coast of Cumbria. Fugro will begin seabed survey work in the Irish Sea this month using three specialist vessels. The 41-metre Fugro Helmert wil
Senvion Picks Eurogate Bremerhaven as Nordergründe OWF Base Port
German wind turbine maker Senvion GmbH has selected Eurogate Container Terminal Bremerhaven as base port for the transportation and installation of wind turbines for the 110MW Nordergründe offshore wind farm. wpd AG, the developer and the future operator of the wind farm, commissioned Senvion to sup