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Business & Finance

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Offshore Energy 2014: Shipowners, Shipbuilders to Discuss New Regulations for OSVs
Business & Finance

Offshore Energy 2014: Shipowners, Shipbuilders to Discuss New Regulations for OSVs

There are no uniform regulations for offshore service vessels. To many companies providing services to offshore platforms and wind farms, this could causes challenges on a daily basis. A special session at the Offshore Energy Exhibition & Conference on 29 October 2014 with shipowners, shipbuilders a

about 12 years ago
Canada Gives CAD 1.5 Mln to 500kW Tidal Energy Project
Business & Finance

Canada Gives CAD 1.5 Mln to 500kW Tidal Energy Project

John Weston, Member of Parliament for West Vancouver–Sunshine Coast–Sea to Sky Country, on behalf of the Honourable Greg Rickford, Canada’s Minister of Natural Resources and Minister for the Federal Economic Development Initiative for Northern Ontario, has announced an investment of $1.5 million und

about 12 years ago
Supacat Appoints Engineering Director & Chief Engineer
Business & Finance

Supacat Appoints Engineering Director & Chief Engineer

Steve Austen has joined Supacat as Engineering Director & Chief Engineer to lead the company’s engineering capability in developing and delivering innovative, high performance products for the defence, marine, renewables and energy sectors. Steve joins from The Royal National Lifeboat Institution (R

about 12 years ago
Wales Benefits from Govt Funded Wind Energy Safety Training
Business & Finance

Wales Benefits from Govt Funded Wind Energy Safety Training

Welsh companies are currently benefiting from heavily funded places on Safety Technology’s RenewableUK and Global Wind Organisation (GWO) accredited Work at Height safety training. The funding comes from the Welsh Government through their Sector Priorities Fund Pilot supported by the European Social

about 12 years ago
Large Insurance Company Invests in Swansea’s Tidal Energy Project
Business & Finance

Large Insurance Company Invests in Swansea’s Tidal Energy Project

Prudential, an international insurance group, has been named as the cornerstone investor in the £1 billion Tidal Lagoon Swansea Bay Project, a world-leading infrastructure development designed to generate electricity by harnessing the power of the sea. Prudential’s commitment is a significant step t

about 12 years ago
EIB Grants EUR 150 Mln for Dutch Transmission Upgrade
Business & Finance

EIB Grants EUR 150 Mln for Dutch Transmission Upgrade

The European Investment Bank (EIB) and TenneT have signed the latest contract for a EUR 150 million loan, part of a total EUR 450 million financing to TenneT Holding B.V. agreed in 2011. The financing is provided by the EIB to support construction and operation of ‘Randstad 380 kV’; a 83 km 380kV tr

about 12 years ago
Dutch-Danish Subsea Interconnector Developers Seek Contractors
Business & Finance

Dutch-Danish Subsea Interconnector Developers Seek Contractors

The Dutch and Danish Transmission System Operators (TSOs), TenneT and Energinet.dk, plan to build a power link (interconnector) between Endrup in Denmark and Eemshaven in The Netherlands. For this purpose, the TSOs have announced a call for tenders for a submarine and underground cable system consis

about 12 years ago
Stockton North MP Highlights Offshore Wind Opportunities for Local Companies
Business & Finance

Stockton North MP Highlights Offshore Wind Opportunities for Local Companies

Alex Cunningham, British Labour Party Member of Parliament for Stockton North, is keen to highlight funding opportunities worth hundreds of thousands of pounds that are available to help more local companies to benefit from involvement in the offshore wind energy sector. Firms across the Tees Valley

about 12 years ago
ARENA Boosts Marine Renewable Energy Modeling
Business & Finance

ARENA Boosts Marine Renewable Energy Modeling

Research in the growing renewable energies sector has received a national boost with a $770,000 Australian Renewable Energy Agency (ARENA) grant to develop modelling on the performance of wave energy farms. A collaborative project between Swinburne University of Technology and the Australian Maritim

about 12 years ago
TAG Going through Sales Process
Business & Finance

TAG Going through Sales Process

Head of TAG Energy Solutions, Stuart Oakley, said the company is going through a sales process and is expected to fully open after the process is completed. “Contrary to reports, we are not in administration and not in receivership,” said Mr. Oakley. However, he confirmed 74 workers lost their job i

about 12 years ago
GROW Propels Topbond into Offshore Wind
Business & Finance

GROW Propels Topbond into Offshore Wind

Topbond plc, which employs 30 people at its Castle Road Facility in Sittingbourne, is a civil engineering specialist working across construction, marine and rail. It combines technically innovative project management expertise with traditional skills to offer services, including refurbishment of bri

about 12 years ago
Brittany Backs DCNS Floating Offshore Wind Development
Business & Finance

Brittany Backs DCNS Floating Offshore Wind Development

At Sea Tech Week in Brest yesterday, an agreement between the Brittany Region and DCNS was signed by the Brittany Regional Council President Pierrick Massiot and DCNS Director for Marine Energy Frédéric Le Lidec. The purpose of this agreement is to speed up development of the floating offshore win

about 12 years ago
Lamprell CFO Steps Down
Business & Finance

Lamprell CFO Steps Down

Lamprell, a provider of fabrication, engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announces that Joanne Curin, Chief Financial Officer, has decided to stand down from the Board of Lamprell plc and as Chief Financial Officer. Curin has gu

about 12 years ago
CG Net Profit Up 15%
Business & Finance

CG Net Profit Up 15%

Avantha Group Company CG reported Consolidated Revenue of EUR 8.7 billion crore for the half-year ended September 30, 2014 up 7% as against EUR 8.1 billion on September 30, 2013. The net profit for the period stood at EUR 0.17 billion up 13% as against EUR 0.15 billion in H1FY14. CG bagged orders wo

about 12 years ago
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