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Business & Finance

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Operations & MaintenanceTechnology
EMEC Seeking Technical & Project Managers
Business & Finance

EMEC Seeking Technical & Project Managers

The European Marine Energy Centre (EMEC) is recruiting two new posts as part of a restructure to ensure that its marine energy test facilities can continue to respond to the wave and tidal industry’s changing landscape and market demands. “These new roles are critical to the development of EMEC over

about 11 years ago
Beaufort Capital Takes Over Nordseewerke
Business & Finance

Beaufort Capital Takes Over Nordseewerke

Beaufort Capital, a private equity firm from Hamburg, has acquired Nordseewerke GmbH. The announcement was made a day after Emden-based offshore wind supplier entered the insolvency procedure. According to the buyer, the company will be rebranded to Nordseewerke Emden Shipyard and will work closely

about 11 years ago
Metcentre Owners Increase Share Capital
Business & Finance

Metcentre Owners Increase Share Capital

The owners of Marine Energy Test Centre (Metcentre) have increased the share capital of the test centre. After the capital increase, the owners of Metcentre are Rogaland County (35%), Statoil (35%), Haugaland Kraft (13%), Municipality of Karmøy (8%), Polytec research foundation (5%) and others (4%).

about 11 years ago
DBB Jack-Up Earns Two More Years of MHI Vestas O&M
Business & Finance

DBB Jack-Up Earns Two More Years of MHI Vestas O&M

DBB Jack-Up Services A/S and MHI Vestas Offshore Wind A/S have extended their framework agreement for offshore wind operations and maintenance services until the end of 2017. The companies signed a framework agreement for offshore wind O&M services in December 2014. “During 2015 we have experienced

about 11 years ago
EU to Approve GE-Alstom Acquisition
Business & Finance

EU to Approve GE-Alstom Acquisition

European Commission is set to approve GE’s acquisition of French company Alstom for the sum of €12.35bn, reports Agence France-Presse. A source close to the matter said the European Competition Commissioner Margrethe Vestager will hold a press conference later today to make the announcement, followi

about 11 years ago
Minesto Strengthens Its Management Team
Business & Finance

Minesto Strengthens Its Management Team

Minesto, the developer of the Deep Green marine energy power plant, has named Fredrik Ahlström as Chief Financial Officer, succeeding Charlotta Ekman who will take up the position as Chief Operating Officer. Ahlström joins Minesto as new CFO from Sibelco Nordic, a provider of industrial minerals, wh

about 11 years ago
Baringa Appoints New Supply Chain Partner
Business & Finance

Baringa Appoints New Supply Chain Partner

John Calder has joined consultancy firm Baringa Partners as Partner to lead its cross-industry Supply Chain practice. This division of the business covers end-to-end supply chain improvements, sourcing and procurement, supply chain planning and logistics, inventory and warehousing. Calder has worked

about 11 years ago
High Wind Names New Head of Business Development
Business & Finance

High Wind Names New Head of Business Development

Ole Jacob Wang Nielsen has joined High Wind NV as Head of Business Development. He will continue the commercialisation of the Boom Lock which allows for safe installation of wind turbine components in higher wind speeds. Ole Jacob has worked in the maritime industry since 2001 and brings with him 8

about 11 years ago
RWE Close to Securing Galloper Financing
Business & Finance

RWE Close to Securing Galloper Financing

Germany’s energy company is planning to close a financial deal for its GBP 1.3 billion Galloper offshore wind project by “either October or November,” said Hans Buenting, RWE Innogy’s chief executive. According to the Reuters, RWE is close to making a deal with three partners which would leave it wi

about 11 years ago
DBB Jack-Up Rearranges Its Financing
Business & Finance

DBB Jack-Up Rearranges Its Financing

The Guarantor DBB Jack-Up Services A/S has obtained subordinated loans of DKK 25.0m and increased its overdraft credit facility by DKK 20.0m. Also, in agreement with existing financiers, the company has postponed instalments on loans by another DKK 9.2m. According to the company the demand for offsh

about 11 years ago
Swedish Onshore Fights Offshore
Business & Finance

Swedish Onshore Fights Offshore

A group of Swedish onshore wind power companies have raised their voices against a separate new support system for offshore wind power. According to them, it is an expensive and unnecessary way to increase the share of renewable energy in Sweden, since the same benefits can be achieved through onsho

about 11 years ago
Turbine Business Park in Birkenhead under Construction
Business & Finance

Turbine Business Park in Birkenhead under Construction

Redsun Developments started building its Turbine Business Park in Birkenhead, the company confirmed to Offshore WIND this afternoon. Turbine Business Park involves redevelopment of a 5 acre site on the A41 in Birkenhead, which has been derelict for many years. Redsun is delivering over 90,000sqft of

about 11 years ago
Oceanteam Focuses on Offshore Wind
Business & Finance

Oceanteam Focuses on Offshore Wind

In its Q2 results, Oceanteam Shipping ASA said it is now focusing on the offshore wind market, following the prolonged downturn and the volatility in the oil and gas market. Even though the oil and gas market is challenging, other sectors, like offshore wind, show a continuous growth, Oceanteam expl

about 11 years ago
WERPO Musters Wave Energy Troops in Sri Lanka
Business & Finance

WERPO Musters Wave Energy Troops in Sri Lanka

Blackbird International Corporation, the sole shareholder of WERPO, has officially entered into an agreement with Sri Lankan company Help Mankind for a twofold joint venture. The first is the implementation of a manufacturing plant for the production of the equipment used by WERPO in its wave energy

about 11 years ago
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