Business & Finance
Germany: Preparation of Operation for Global Tech I Entering Crucial Phase
The project company Global Tech I Offshore Wind GmbH continues to expand its management team. With the progressive establishment of the North Sea wind farm Global Tech I, detailed structure and the organization of its future operation plays an important role. For this reason, Dr. Claus Burkhardt has
Germany: BARD Repositions in Wind Energy Market, Announces Layoffs
BARD Group announced yesterday that it is repositioning itself in the wind energy market. With the offshore wind farm BARD Offshore 1 construction completed, the BARD Group has set a milestone in offshore wind energy. By September, all 80 wind turbines will be connected to the grid. After the comple
UK: James Fisher Announces Acquisition of Osiris Marine Services
James Fisher and Sons plc (“James Fisher”) today announces the sale to Hadley Shipping (Ro-Ro) Limited of its 25% shareholding in Foreland Holdings Limited (“Foreland”) for an initial consideration of £11.4m with potential additional consideration on the sale of two vessels owned by Foreland. Forela
Denmark: DONG Energy Releases H1 Financial Results
The Board of Directors of DONG Energy has today approved the interim financial report for the first half of 2013 with the following financial highlights and outlook compared with the first half of 2012: — First-half 2013 EBITDA was DKK 7.8 billion against DKK 6.6 billion in the first half of 2012, p
GEOxyz Opens New Operational Base in Port of Oostende, Belgium
Last month, Mr Paul Gerard, MD, Port of Oostende and C.E.O. of REBO (Renewable Energy Base Oostende), was on hand to officiate at the opening of GEOxyz’s new forward operating hub in the Port of Oostende. In July, the GEOxyz Operations department completed their move into a new operations hub in the
Canada: Tribute Resources Appoints New Director
Tribute Resources Inc. (Tribute), a developer of natural gas storage and renewable energy projects, has announced the appointment of Mr. Rob Savard to the Board of Directors. The appointment is subject to the approval of the TSX Venture Exchange. Mr. Rob Savard is currently the President and CEO of
Siemens Signs Chartering Deal with Esvagt for Two Offshore Wind Service Vessels (Denmark)
Siemens Energy has signed a chartering agreement with ship owner Esvagt A/S for two new offshore wind service vessels that will incorporate significant advancements in logistics, efficiency and operational capabilities. The vessels are being commissioned specifically for Siemens’ service operations
UK: OGN Donates Big Money to Conservative Party
Offshore Group Newcastle (OGN) has donated a large amount of money to the UK’s Conservative Party, the Mirror writes. As the company received a vote of confidence for a grant of GBP 4.5 million from the Regional Growth Fund, Kevan Jones from the British Labour Party is wondering does the company rea
Germany: Windreich’s Subsidiary Achieves around EUR 36 Million Profit in 2012
The principal subsidiary of Windreich, FC Windenergy achieves an operating profit of around EUR 36 million even in the difficult setting. FC Windenergy is mainly engaged in project development and project sales. The Windreich group generates a total asset of EUR 567 million due to the preliminary fi
UK: Osiris Projects Now Recruiting for Number of Positions
Due to continued growth and upcoming vessel launches, Osiris Projects yesterday announced that it is currently recruiting for a number of positions across the business. These include site and office based positions at a range of seniority levels to develop both the company’s survey and geotechnical
Statkraft to Become the Only Operator of Sheringham Shoal OWF (UK)
Statkraft will take over responsibility as Operation and Maintenance (O&M) operator of Sheringham Shoal Offshore Wind Farm in January 2014. The current operator, Scira Offshore Energy Ltd, will remain as the legal entity while employees will be transferred to Statkraft. The joint venture company is
UK: DONG Energy Gets GBP 1.1 Million for Offshore Wind O&M Bases
Hundreds of new jobs are set to be created in North East Lincolnshire after Danish utility giant DONG Energy was awarded up to £1.1m from the ‘Growing the Humber’ Regional Growth Fund. The fund is run by the Humber Local Enterprise Partnership and North East Lincolnshire Council and supported by the
Norway: Offshore Wind Makes Positive Contribution to Statkraft’s Q2 Results
In the second quarter of 2013, Statkraft achieved an underlying1 operating profit before depreciation (EBITDA) of NOK 2555 million, an improvement of NOK 190 million compared with the corresponding quarter in 2012. Unrealised currency effects resulted in a net loss of NOK 908 million, compared with
Denmark: Kaj Lindvig Resigns from A2SEA
During this summer, Kaj Lindvig, Senior Advisor at A2SEA, celebrated his 60 years birthday. By the end of August, Kaj’ Lindvig then says goodbye to A2SEA, a company on which he has left his mark to a great extend since the establishment in 2000. A reception will be held for Kaj Lindvig on 22 August