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
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
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
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
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
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
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
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
Vattenfall to Compete with Dong Energy’s Offshore Wind Prices
Vattenfall to enter race with Dong Energy for best and cheapest offshore wind turbines, writes Danish business daily Borsen. New Vattenfall head, Magnus Hall, will lower prices to match Dong Energy’s ambition to make offshore wind at least 40 per cent cheaper. Moreover, Hall is out to make Vattenfal
GeoSea Buys HOCHTIEF’s Offshore Assets, Becomes Full Owner of ‘Innovation’
DEME’s marine engineering specialist GeoSea acquires offshore assets of HOCHTIEF, one of Germany’s leading international construction groups. HOCHTIEF is selling offshore assets to marine contractor and long-term partner GeoSea. GeoSea has had decades of success in marine engineering and is now acqu
RES Offshore: WoDS Met Mast Gathering Data for 3 Months
RES Offshore has successfully completed its first Engineer Procure Construct (EPC) contract for the design and installation of Met Mast for the West of Duddon Sands Offshore Wind Farm. Having been awarded the contract in June 2013, RES has project managed the design, fabrication and installation of
Big North Sea Offshore Wind Players to Gather at Conference in Humber
The development of offshore wind operations and maintenance in the North Sea comes under the spotlight at a high profile international three-day conference next week. North Sea Offshore Wind 2014 calls on the collective resources of Enterprise Europe Network, WindCluster Norway, Innovation Norway, T
TenneT Prepares for Development of Dutch Offshore Power Grid
TenneT has established a new Offshore Netherlands department dedicated to the development of an offshore electricity grid in the Dutch part of the North Sea. In June of this year, Minister Kamp of Economic Affairs took the guiding decision to appoint TenneT as the sole operator of the offshore elect
SeaRoc, HSEQ Experts Team Up to Support European Offshore Wind Projects
SeaRoc Group Ltd and HSEQ Experts GmbH have completed a collaboration agreement to provide a combined service offering to help support the construction and operation of offshore wind farms in Germany and other European markets. The two companies have been working together since March 2014 and this a