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Business & Finance

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NOF Energy: Offshore Wind Needs More Work on Securing UK Content
Business & Finance

NOF Energy: Offshore Wind Needs More Work on Securing UK Content

The energy sector supply chain remains positive about facing the challenges of a changing UKCS landscape in 2015 and beyond, according to NOF Energy 2014 annual survey of its members. The annual survey charts the activities and views of the industry of its almost 500 UK and international members alo

about 11 years ago
NKT Cables Clinches Race Bank Deal
Business & Finance

NKT Cables Clinches Race Bank Deal

NKT Cables has been awarded the order for delivery of export cable systems to the Race Bank Offshore Wind farm by DONG Energy. The order is NKT Cables’ 11th large offshore wind farm project since 2010 where the company first started production of submarine cables. For NKT Cables, the order will have

about 11 years ago
1:5 Scaled NEMOS Device Being Tested in Nantes
Business & Finance

1:5 Scaled NEMOS Device Being Tested in Nantes

Within the EU project MARINET, test series have been initiated at the ECN in Nantes, one of the world’s biggest wave tanks, to test the 1:5-scaled NEMOS device. Due to precise adjustments and reproduction of wave conditions, extensive hydro-mechanical parameter studies could be made. The results of

about 11 years ago
Ofgem Approves GBP 1.1 Bln Caithness Moray Subsea Link
Business & Finance

Ofgem Approves GBP 1.1 Bln Caithness Moray Subsea Link

Ofgem today approved £1.1 billion funding for a new subsea link in the north of Scotland, called the Caithness Moray project. The regulator’s decision is £105 million less than the funding request from Scottish Hydro Electricity Transmission (SHE Transmission) to ensure consumers pay no more than ne

about 11 years ago
K-Sure Provides Funds for Seajacks Scylla
Business & Finance

K-Sure Provides Funds for Seajacks Scylla

Seajacks has secured funding for its wind turbine installation vessel, Seajacks Scylla, which will be built by Samsung Heavy Industries. Korea Trade Insurance Corporation (K-sure) stated it will provide USD 250 million for the vessel. Seajacks Scylla has been specifically designed to meet the demand

about 11 years ago
Braveheart Shipping Sets Up Crew Tender Service in Eemshaven
Business & Finance

Braveheart Shipping Sets Up Crew Tender Service in Eemshaven

Braveheart Shipping, in cooperation with Amasus Shipping, has established a crew tender service in Eemshaven. The crew tender service can be reached 24/7 and there is also a 24/7 a ship available. Eemshaven is chosen because of its ideal location, specifically the proximity of many wind farms and th

about 11 years ago
GROW Injects GBP 7 Mln into Offshore Wind
Business & Finance

GROW Injects GBP 7 Mln into Offshore Wind

Manufacturers looking to take advantage of the growth in the offshore wind market have received a £7m windfall of business support and capital funding. Bosses at the GROW:OffshoreWind service made the announcement at a recent supplier event to promote the £1.5bn Dudgeon Wind Farm project in Norfolk

about 11 years ago
Fluor Against Ramboll in “Greater Gabbard Case”
Business & Finance

Fluor Against Ramboll in “Greater Gabbard Case”

Fluor, the main contractor for the Greater Gabbard offshore wind farm, has filed a legal claim against Ramboll in which it states that the foundation design for the wind farm’s meteorological mast was done unprofessionally and contributed to project delays and financial loss. The contractor is seeki

about 11 years ago
OPUS MARINE Orders PIRIOU’s WFSV
Business & Finance

OPUS MARINE Orders PIRIOU’s WFSV

PIRIOU has secured an order for the 26m LARGO wind farm support vessel (WFSV). Built by PIRIOU in Vietnam, the LARGO is financed by SEALEASE and will be delivered at the beginning of 2015 to OPUS MARINE to be operated in the North Sea and Baltic Sea. Pascal Piriou states: “We are very proud to gain

about 11 years ago
ABB, Hitachi to Enter Joint Venture for HVDC System Solutions
Business & Finance

ABB, Hitachi to Enter Joint Venture for HVDC System Solutions

ABB and Hitachi have announced an agreement to form a joint venture for high voltage direct current (HVDC) system solutions in Japan. The new entity, to be based in Tokyo, will be responsible for the design, engineering, supply and after-sales services related to the DC system of HVDC projects bring

about 11 years ago
JLT Named as Tidal Lagoon Swansea Bay Insurance Broker
Business & Finance

JLT Named as Tidal Lagoon Swansea Bay Insurance Broker

Jardine Lloyd Thompson (JLT), has been named as Insurance Broker for land-connected Tidal Lagoon Swansea Bay, the project which will harness indigenous, low-carbon electricity that is both affordable and sustainable in the long-term. Tidal Lagoon Swansea Bay is the world’s first man-made, energy-gen

about 11 years ago
SeaEnergy Appoints Oriel as NOMAD and Broker
Business & Finance

SeaEnergy Appoints Oriel as NOMAD and Broker

SeaEnergy has announced that Oriel Securities has been appointed as Nominated Advisor (NOMAD) and Broker to the Company with immediate effect. SeaEnergy is an offshore energy services business comprising three divisions. In the offshore wind sector, the company is providing its consultancy services

about 11 years ago
Pontis Attends Two British Events
Business & Finance

Pontis Attends Two British Events

In October Pontis attended two events hosted by British Ambassador Sir Geoffrey Adams. The first of which was the fourth annual UKTI Investment Awards Dinner, and the second was an Anglo-Dutch Offshore Wind B2B & Networking Event hosted at his Residence in The Hague. Pontis lead engineer Darren Ella

about 11 years ago
Busy December for Alicat Workboats
Business & Finance

Busy December for Alicat Workboats

So far, December has seen a record number of operators using Alicat’s vessel lift and turnkey maintenance services. With eight wind farm support vessels (WFSVs) plus other smaller craft standing on the yard at the same time, the lift has been busy on a daily basis with some vessels being returned to

about 11 years ago
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