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Business & Finance

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New Project to Significantly Cut Offshore Transmission Costs
Business & Finance

New Project to Significantly Cut Offshore Transmission Costs

As announced yesterday, Ofgem has awarded GBP 46.4 million for eight energy-related projects. Among them, a company running transmission assets of the Ormonde offshore wind farm proposes to develop an offshore cable repair vessel and universal cable jointing system in a way that would significantly

about 11 years ago
Areva Extends DOTI’s Contract for Alpha Ventus O&M
Business & Finance

Areva Extends DOTI’s Contract for Alpha Ventus O&M

AREVA and the operating consortium DOTI (Deutsche Offshore-Testfeld und Infrastruktur GmbH & Co. KG) signed a five years contract for the service and maintenance of the AREVA turbines at the alpha ventus wind farm. This contract extends the previous service and maintenance agreement, initiated in 20

about 11 years ago
Ming Yang Order Backlog Reaches 3.7GW
Business & Finance

Ming Yang Order Backlog Reaches 3.7GW

China Ming Yang Wind Power Group Limited, wind turbine manufacturer in China, announced its unaudited financial results for the third quarter endedSeptember 30, 2014. Revenue in the third quarter of 2014 was US$279.7 million, an increase of 78.7% as compared to that of the corresponding period in 20

about 11 years ago
SAL Heavy Lift Carrying Out Wikinger OWF Pile Testing (Gallery)
Business & Finance

SAL Heavy Lift Carrying Out Wikinger OWF Pile Testing (Gallery)

In October 2014 the first phase of the pile testing campaign for the Wikinger offshore wind farm project was launched, after the site’s geotechnical investigation on the Baltic Sea had been completed. German engineering and services group Bilfinger was awarded the test pile contract and chose SAL He

about 11 years ago
Ex-RAF Joins Aveillant Team
Business & Finance

Ex-RAF Joins Aveillant Team

Aveillant is further strengthening its Board with the appointment of Sir Colin Terry as Non-Executive Director. During his 37 years in the Royal Air Force, Sir Colin reached the rank of Air Marshal and was Chief Engineer (RAF) as well as the Commander in Chief for Logistics Command and the Air Force

about 11 years ago
Offshore Energy Companies Win Great Yarmouth’s Business Awards
Business & Finance

Offshore Energy Companies Win Great Yarmouth’s Business Awards

The winners of an annual celebration of business excellence in the Great Yarmouth borough were announced at a trophy presentation ceremony, at the Town Hall, on Friday, November 21. The Spirit of Enterprise Awards, now in its seventh year, is organised by enterpriseGY, Great Yarmouth Borough Council

about 11 years ago
Red7Marine Invests in ROV Fleet
Business & Finance

Red7Marine Invests in ROV Fleet

Fast-growing offshore company Red7Marine Offshore has expanded its subsea services to North Sea clients by investing in a fleet of remotely operated vehicles (ROVs). The investment – part of a £25 million investment in equipment this year – secures more skilled jobs at its Great Yarmouth base. The R

about 11 years ago
Conference on Opportunities for UK Ports in Energy Sector Coming Up
Business & Finance

Conference on Opportunities for UK Ports in Energy Sector Coming Up

On December 2, an event titled “Opportunities for UK Ports in the Energy Sector” will be held in London. Recent years have seen rapid development of offshore renewables and a number of changes to energy policy. With these changes, there are many available opportunities for ports to support the suppl

about 11 years ago
Ofgem Announces GBP 46.4 Mln for Eight Projects
Business & Finance

Ofgem Announces GBP 46.4 Mln for Eight Projects

Ofgem has confirmed funding of £46.4 million for eight projects as part of its cutting-edge innovation competitions for the network companies that deliver energy to homes and businesses. Ofgem runs three innovation competitions to help Britain’s energy networks become smarter and more cost-efficient

about 11 years ago
MMO Appoints New CEO
Business & Finance

MMO Appoints New CEO

Sir Bill Callaghan, Chair of the UK Marine Management Organisation (MMO) has confirmed the appointment of John Tuckett as the organisation’s new Chief Executive. The appointment was made following a fair and open recruitment exercise which attracted a strong field of high quality applicants. Prior t

about 11 years ago
E.ON Goes with 116 Turbines for Rampion
Business & Finance

E.ON Goes with 116 Turbines for Rampion

E.ON has announced the final design for the Rampion Offshore Wind Farm project, after receiving consent from the Secretary of State for Energy and Climate Change in July this year. Situated 13km off the Sussex coast at its nearest point, the 72km2 final wind farm would feature 116 turbines, each mea

about 11 years ago
Scottish Renewables Hails Government’s Wave Energy Move
Business & Finance

Scottish Renewables Hails Government’s Wave Energy Move

Scottish Renewables has welcomed the Scottish Government’s announcement of the creation of a wave energy technology development body. Lindsay Leask, Senior Policy Manager at Scottish Renewables, said: “Capturing wave energy is a complex and demanding process, and although the sector is still in its

about 11 years ago
Fundy Tidal Closes Partnership with Ontario Firm
Business & Finance

Fundy Tidal Closes Partnership with Ontario Firm

Fundy Tidal has closed investment by Tribute, through its wholly owned subsidiary International Marine Energy Inc. (IME), on November 6, 2014, during the International Conference on Ocean Energy 2014 in Halifax, Nova Scotia. IME subscribed for 10% minority interest in Fundy Tidal, being 398,500 comm

about 11 years ago
EMEC Comments on Pelamis’ Announcement
Business & Finance

EMEC Comments on Pelamis’ Announcement

Neil Kermode, managing director of EMEC, commented on Pelamis’ last week’s announcement: “EMEC is saddened to hear that its oldest customer has gone into administration. “We have known many of the Pelamis team for years and all of us at EMEC are dismayed by this announcement. As a test site we have

about 11 years ago
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