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Business & Finance

RTE France Seeks Offshore Engineering Services
Business & Finance

RTE France Seeks Offshore Engineering Services

RTE France (Réseau de transport d’électricité) seeks for advice and technical assistance for the specification, procurement, monitoring and operating of offshore geotechnical and geophysical studies in the part of the electrical connections of offshore wind farms. Eventually, advice and technical as

about 14 years ago
Italy: Prysmian Strengthens Offshore Wind Business by Acquiring GME
Business & Finance

Italy: Prysmian Strengthens Offshore Wind Business by Acquiring GME

The Prysmian Group, world leader in the energy and telecom cables and systems industry, has signed an agreement to acquire 100% of Global Marine Systems Energy Limited (GME) from Global Marine Systems Ltd (GMSL) for a purchase price of approximately €53 million. GME is a British company active in th

about 14 years ago
Norway: Inwind Receives Grant for Development of Dynamic Offshore Lifting from Feeder Vessel
Business & Finance

Norway: Inwind Receives Grant for Development of Dynamic Offshore Lifting from Feeder Vessel

Inwind has received a substantial grant from Innovation Norway – Environmental Technology Scheme (Miljøteknologiordningen) for further development and qualification of the dynamic offshore lifting of wind turbine and foundation components from a feeder vessel. There is a great surge in the offshore

about 14 years ago
REpower to Deliver Turbines for Innogy Nordsee 1 (Germany)
Business & Finance

REpower to Deliver Turbines for Innogy Nordsee 1 (Germany)

Suzlon Group-subsidiary, REpower Systems SE, has signed a contract with RWE Innogy for the delivery of 54 REpower 6M offshore turbines, each with 6.15 MW of rated power, for the Innogy Nordsee 1 wind farm. The project, with a total capacity of 332 MW, is based in the German North Sea, around 40 km n

about 14 years ago
USA: ABS Announces Partnership with ESRG
Business & Finance

USA: ABS Announces Partnership with ESRG

ABS, the leading provider of classification services to the global marine and offshore industries, has announced a partnership with Engineering Software Reliability Group (ESRG), a provider of leading-edge data analysis and remote monitoring technology. The partnership will improve service offerings

about 14 years ago

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Seaway Heavy Lifting Opens Branch Office in Hamburg, Germany
Business & Finance

Seaway Heavy Lifting Opens Branch Office in Hamburg, Germany

Seaway Heavy Lifting announces that it has opened a branch office in Hamburg, Germany. The German offshore wind market is considered to be one of the leading markets in the field of the installation of offshore wind farms. The ability to provide its services within close proximity to the existing an

about 14 years ago
The Netherlands: IHC Merwede Builds Special Modular Offshore Support Vessels
Business & Finance

The Netherlands: IHC Merwede Builds Special Modular Offshore Support Vessels

A series of special modular support vessels for operators in the offshore industries is being built by IHC Merwede, the Netherlands dredging and offshore specialists. Known as the IHC SupporterTM class, the ships are part of a six-year joint industry framework project between IHC and Lloyd’s Registe

about 14 years ago
Belgium: GeoSea Signs Cooperation Agreement with Barge Master
Business & Finance

Belgium: GeoSea Signs Cooperation Agreement with Barge Master

GeoSea NV and Barge Master BV have signed a cooperation agreement for the testing and deployment of the first S700/C400 Barge Master platform. The S700/C400 Barge Master is a motion compensation platform that compensates up to 95% of sea-induced motions. The platform can be installed on a supply ves

about 14 years ago
Denmark: Palfinger Awarded Commissioning Contract for Anholt Offshore Wind Farm
Business & Finance

Denmark: Palfinger Awarded Commissioning Contract for Anholt Offshore Wind Farm

Leading service provider Palfinger Marine Services has been awarded the commissioning contract for 111 offshore cranes for DONG Energy’s offshore wind farm Anholt. “We are pleased that DONG Energy puts their trust in our service, and very proud to be working with DONG Energy on a project of this sca

about 14 years ago
Finland: Fortum, Sitra Increase Funding for Wave Energy Technology
Business & Finance

Finland: Fortum, Sitra Increase Funding for Wave Energy Technology

Fortum and Sitra, the Finnish Innovation Fund have increased their funding in the wave energy technology developed by the Finnish company AW-Energy Oy. With this funding AW-Energy commences the development of the commercial scale WaveRoller device as well as ensures the completion of operational tes

about 14 years ago

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The Netherlands: IHC Hydrohammer to Supply Largest Piling Hammer for Seaway Heavy Lifting
Business & Finance

The Netherlands: IHC Hydrohammer to Supply Largest Piling Hammer for Seaway Heavy Lifting

IHC Hydrohammer®, part of IHC Merwede, has been awarded a contract by Seaway Heavy Lifting to design and manufacture the S-2500 piling hammer, which is the largest ever built by the company. The order highlights the strong and reliable cooperation that has developed between the two companies over mo

about 14 years ago
TenneT to Finalize Sale of Two German Grid Connection Projects This Year
Business & Finance

TenneT to Finalize Sale of Two German Grid Connection Projects This Year

TenneT’s CEO Mel Kroon told Reuters that the company will finalize the sale of minority stakes in the SylWyn1 and DolWyn1 cables by the end of this year as it needs to raise funds to build new power links in Germany. This sale will total in 6 out of 10 TenneT’s German offshore projects valued [&hell

about 14 years ago
The Netherlands: TenneT Releases H1 Figures
Business & Finance

The Netherlands: TenneT Releases H1 Figures

In the first six months of 2012 TenneT realised a steady growth (underlying) of revenue and profit in both the Netherlands and Germany. Underlying revenue amounted to EUR 842 million (EUR 816 million reported revenue), with underlying growth both in the Netherlands (23%) and in Germany (28%). Underl

about 14 years ago
China: Sinovel’s Net Profits Drop 96.25% to USD 3.89
Business & Finance

China: Sinovel’s Net Profits Drop 96.25% to USD 3.89

China’s largest wind turbine manufacturer Sinovel Wind Group Ltd has reported that its H1 profits have dropped 96.25 percent to 24.67m yuan comparing to the same period last year, reports Xinhua. Operating revenues dropped 42.04 percent year-on-year to 3.09 billion yuan. The global economic crisis a

about 14 years ago