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
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
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
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
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
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
Pondera Consult to Work on Noordoostpolder Wind Project
Pondera Consult has been asked by Siemens to provide permit management services for the installation of the offshore wind turbines at the Dutch Noordoostpolder wind farm. Siemens is currently constructing 48 wind turbines in the IJsselmeer lake. Pondera Consult’s role is to support Siemens with perm
SSE Backs Northern Irish Students
SSE Airtricity, Northern Ireland’s second largest energy provider, has handed a welcome financial boost to 22 students from Ulster University and South West Regional College, through a £100,000 Scholarship Fund. Launched by Employment and Learning Minister Dr Stephen Farry MLA in August, the Scholar
Frisia-Offshore Wins Riffgat Crew Transfer Contract
The Frisia-Offshore GmbH & Co. KG has won a crew transfer contract for German offshore wind farm, Borkum . The agreement was concluded to last until spring 2017 with options for two years of extension. The vessel „Wind Force II“, which is used in the project, was delivered last year as a new buildin
MHI Vestas Picks DBB Jack-Up for O&M Services
DBB Jack-Up Services A/S has signed a framework agreement with MHI Vestas Offshore Wind A/S for offshore wind operations and maintenance services. Years of successful cooperation between DBB Jack-Up and MHI Vestas Offshore Wind have now resulted in the signing of a framework agreement for offshore w
UKRN Guide to Facilitate GBP 100 Bln Investment
UKRN has launched a guide to support current and future investment in the UK’s regulated infrastructure sectors. The guide was prepared by KPMG and is principally aimed at investors new to one or more of the sectors, but will also be useful for existing investors. The guide aids investors by clearly
Gamesa Signs EUR 750 Mln Syndicated Loan
Gamesa signed a €750 million syndicated loan agreement with a single bullet repayment in December 2019. This agreement, entered into with a syndicate of 15 Spanish and international financial institutions, structures the two existing syndicated loans, which originally matured in June 2016 and June 2
JDH Gets Wind Beneath Its Wings
John D Hotchkiss Ltd (JDH), an engineering company based in Kent, has succeeded in the subsea cable market after GROW:OffshoreWind gave the company a push to develop its business in the energy sector. JDH, which employs 22 people at its base in Kent, provides a complete engineering service through a
Eltek to Deliver DolWin3 Onshore Equipment
Eltek has secured a key order for advanced power supply systems for the operation of the DolWin3 offshore wind energy project in Germany. Eltek equipment will supply secure power to protection and control equipment for the onshore high voltage DC (HVDC) substation that transfers electricity generate