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Business & Finance

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HM MOS, Seafox Form Jack-Up ASV Company
Business & Finance

HM MOS, Seafox Form Jack-Up ASV Company

HM MOS International Limited, parent company of Millennium Offshore Services Superholdings LLC, and Seafox Group, parent company of Seafox Contractors and Workfox, will combine to form what they claim is the world’s largest offshore jack-up accommodation service vessels (ASV) and support company. Th

about 12 years ago
WFW Advises Dong on Walney Extension Project
Business & Finance

WFW Advises Dong on Walney Extension Project

Watson, Farley & Williams (“WFW”) has advised DONG Energy on its successful application for a development consent order (“DCO”) for the Walney Extension Offshore Wind Farm. The DCO, which was granted by the Secretary of State for Energy Climate Change today, authorises a 750MW extension to the exist

about 12 years ago
Statkraft Reports EBITDA EUR 268 Mln
Business & Finance

Statkraft Reports EBITDA EUR 268 Mln

In the third quarter of 2014, Statkraft achieved an underlying operating profit before depreciation (EBITDA) of EUR 268 million, compared with EUR 219 million in the corresponding period in 2013. Major currency effects and non-recurring items resulted in a net profit after taxes of EUR 487 million,

about 12 years ago
Delta Lloyd Keeps Its Interest in Offshore Wind
Business & Finance

Delta Lloyd Keeps Its Interest in Offshore Wind

Delta Lloyd will continue to invest in its offshore wind insurance portfolio. For that matter Delta Lloyd will further enhance its offshore wind energy team, in that a highly specialized team will stay in place, following the announcement that some wind energy specialists will leave the company. Del

about 12 years ago
Scottish Enterprise Invites Quotes for Atlantic Area Cluster Cooperation Study
Business & Finance

Scottish Enterprise Invites Quotes for Atlantic Area Cluster Cooperation Study

Scottish Enterprise is inviting quotes for the provision of a study on cluster cooperation in the European Atlantic Area as detailed in the invitation to quote. The Scottish European Green Energy Centre (SEGEC) is a team within Scottish Enterprise responsible for supporting access to European Fundin

about 12 years ago
Vestas Shows Strong Q3 Results
Business & Finance

Vestas Shows Strong Q3 Results

In the third quarter of 2014, Vestas generated revenue of EUR 1,813m – an increase of 26 per cent compared to the third quarter of 2013. EBIT before special items increased by EUR 96m to EUR 163m primarily due to higher volume and to a lesser extent also caused by improved average margins. The EBIT

about 12 years ago
Gamesa Net Profit Doubles
Business & Finance

Gamesa Net Profit Doubles

Gamesa doubled its net profit in the first nine months of the year, to €64 million, compared with €31 million in the same period of 2013. That figure reflects the improvement in revenues (+17%) and margins, with an EBIT of 7.3% at constant exchange rates Acceleration in sales and activity Gamesa’s r

about 12 years ago
Dutch Offshore Wind Mission to Japan and Korea Bears Fruit
Business & Finance

Dutch Offshore Wind Mission to Japan and Korea Bears Fruit

From 25 October to 4 November, a delegation of twenty-five Dutch offshore wind companies and knowledge institutions visited Japan and Korea. The offshore wind delegation was part of the economic mission led by Minister of Economic Affairs Henk Kamp and it ran parallel to the state visit of King Will

about 12 years ago
Alstom’s Laurent Schmitt One of Most Influential People in European Smart Grid
Business & Finance

Alstom’s Laurent Schmitt One of Most Influential People in European Smart Grid

Laurent Schmitt, Vice President for Smart Grid at Alstom Grid, is named as one the most significant and persuasive people in the Smart Grid activity sector by the Metering & Smart Energy International magazine providing information to thousands of utility professionals worldwide. Laurent Schmitt has

about 12 years ago
James Fisher Showcases Its Business & Offshore Support Vessel
Business & Finance

James Fisher Showcases Its Business & Offshore Support Vessel

James Fisher Marine Services Ltd (JFMS), and Fendercare Marine, both subsidiaries of James Fisher and Sons plc (JFS) – the UK’s leading marine services provider, yesterday held an open day to demonstrate the capability of their shoreside support base and the offshore support vessel, the Dart Fisher.

about 12 years ago
Copenhagen Infrastructure Partners Invests in Beatrice Offshore Wind Farm
Business & Finance

Copenhagen Infrastructure Partners Invests in Beatrice Offshore Wind Farm

Copenhagen Infrastructure Partners has acquired 25% of the UK offshore wind project Beatrice. The Beatrice project is located in Outer Moray Firth, Scotland and is one of five offshore wind projects in the UK awarded an Investment Contract by the UK government (fixed inflation indexed settlement pri

about 12 years ago
GEV Offshore Gets GBP 50K from SCORE
Business & Finance

GEV Offshore Gets GBP 50K from SCORE

Grant programme, Supply Chain innovation for Offshore Renewable Energy (SCORE), has awarded over £50,000 to GEV Offshore, one of the UK’s specialist engineering and offshore access companies. This funding will enable the company to take its pioneering habitat structure for the offshore renewable sec

about 12 years ago
Jack-Up Barge Orders Temporary Living Quarters from AOS
Business & Finance

Jack-Up Barge Orders Temporary Living Quarters from AOS

Jack-Up Barge has recently placed a significant order with Malaysian-based Asian Offshore Services (AOS) for additional Zone 2 blast-rated Temporary Living Quarters (TLQs), as the Netherlands-based company continues to grow their accommodation services offering. The Jack-Up Barge fleet has the capac

about 12 years ago
Siemens Wind Division Struck by Turbine Charges
Business & Finance

Siemens Wind Division Struck by Turbine Charges

Siemens released its financial figures for the fourth quarter and fiscal year 2014 today, reporting that its fourth-quarter profit in the Energy Sector declined to €403 million, as ongoing challenges within the Sector led to lower results year-over-year. A year earlier, fourth-quarter profit of €564

about 12 years ago
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