Business & Finance
Chinese in Line for £300 Mln UK Tidal Lagoon Contract
Tidal Lagoon Swansea Bay Plc (TLSB) has named China Harbour Engineering Company Ltd as its preferred bidder for a marine works package that will include the construction of the six mile lagoon wall in Swansea Bay. As well as committing to approximately 50% UK content for the delivery of the package,
DCNS Extends Asia Ops, Boosts Its ROV Fleet
DCNS Group has enhanced its ROV capability with a Saab Seaeye Tiger and Saab Seaeye Falcon. Both ROVs will be deployed by DCNS Far East – DCNS’ Singapore-based subsidiary across Asia – as the company extends its operations in the region. DCNS Far East chose the two ROVs for their versatility and rel
Dong Energy Sets Out Local Opportunities for Burbo Bank 2
Opportunities for local businesses to get involved in the delivery of the Burbo Bank Extension offshore wind farm in Liverpool Bay were explained at a special supply chain event held in the Wirral yesterday. DONG Energy and its partners presented at the event in New Brighton from 10am to 4pm on Tues
EPSRC Funds Research on Marine Energy Development
EPSRC, as part of the Research Councils UK (RCUK) Energy Programme, has invited proposals for collaborative research projects that will investigate novel concepts for marine energy development. Three priority remit areas were identified at a scoping workshop in October 2013 and have been further ref
USA: Icebreaker OW Project to Use Mono Bucket Foundations
The Lake Erie Energy Development Corporation (LEEDCo) announced today that the Icebreaker offshore wind project, planned for the Ohio waters of Lake Erie, will utilize Mono Bucket foundations, developed by Denmark-based Universal Foundation (UF). “Universal Foundation’s Mono Bucket foundation recent
Keppel’s Subsidiary Acquires OWEC Tower
Keppel Corporation’s wholly owned subsidiary KV Ventus B.V. has acquired a 50.1% equity interest in OWEC Tower, from NorWind AS, TronderEnergi AS, InnoVent GmbH, Per Bull Haugsoen and Gunnar Foss for NOK 2,8 million (approx. EUR 327,827). As KV Ventus already holds the remaining 49.9% equity interes
Thinking Outside the Box Gets Ulstein Nor-Shipping Award
The X-STERN™ solution from Ulstein was awarded the Next Generation Ship Award at the Nor-Shipping opening conference on 2 June. Gunvor Ulstein, CEO of Ulstein Group, said: “The offshore industry is experiencing a downturn and eventually oil and gas supplies will come to an end. We do not know what w
Norwegian Subsea Company Opens UK Office
Norwegian company Omega AS has opened its UK subsidiary in Aberdeen, Omega Subsea UK, as part of the company’s strategic expansion in the Subsea Engineering and Operations sectors of the oil and gas and renewable energy industries. The objective is to establish a strategic business unit to facilitat
Osiris Upgrades Its Diving Services
Osiris, part of James Fisher and Sons plc, has taken delivery of its new Bauer Enriched Air Nitrox diving system for projects in the global offshore renewable and oil and gas industries. The IMCA compliant system offers a safe and cost-effective solution by enabling longer dive times with a potentia
Canadian Tidal Company Exits Business
Clean Current, a British Columbia company dedicated to tidal energy technology development, is closing its business. “All obligations to employees, suppliers and business partners have been met and the Company will be wound down in an orderly way,” the company said. Clean Current became the first co
Alun Griffiths Wins GBP 25 Mln Swansea Tidal Lagoon Job
Tidal Lagoon Swansea Bay Plc has named Abergavenny-based Alun Griffiths Ltd as preferred bidder for one of the main civil engineering and construction packages for the Swansea Bay Tidal Lagoon. The GBP 25 million contract covers ancillary civil engineering for the project’s public realm works. The s
No Wind in Fishermen’s 25 MW Demo Project
Fishermen’s Atlantic City Wind Farm (FACW) was dealt another blow last week when Superior Court of New Jersey sided with New Jersey Board of Public Utilities (BPU). BPU was legally challenged for denying the 25MW project an offshore wind renewable energy certificate over cost concerns. The court not
Nordseewerke Files for Bankruptcy
Nordseewerke from Emden, Germany, has filed for bankruptcy due to the upcoming imminent insolvency, CEO Thierry Putters told German media. This affects 188 employees, of whom 80 percent have been working short-time since September 2014. The shipyard was founded in 1903 and was taken over by the stee
Wärtsilä Acquires L-3 Marine Systems
Wärtsilä Corporation announces that its acquisition of the Germany based L-3 Marine Systems International (MSI) has been finalised and control of the company will be transferred to Wärtsilä with effect from 1stJune 2015. In December 2014, Wärtsilä announced that agreement had been reached to acquire