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Business & Finance

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UK: Offshore Turbine Services Orders 3rd Vessel from CTruk
Business & Finance

UK: Offshore Turbine Services Orders 3rd Vessel from CTruk

The second in a trio of CTruk 20-tonne payload multi-purpose catamarans, ordered by Offshore Turbine Services for deployment at Lincs wind farm, was named in Brightlingsea. CTruk technicians and staff joined the owners on board the 20T MPC, ‘Captain P’, for the traditional blessing and bottle smash,

about 14 years ago
Germany: EnBW to Create Financial Headroom for Offshore Wind Expansion
Business & Finance

Germany: EnBW to Create Financial Headroom for Offshore Wind Expansion

EnBW Energie Baden-Württemberg AG (EnBW) has successfully performed the capital increase adopted by resolution on 14 June 2012. In total, 26,598,504 new no-par value bearer shares were purchased at a subscription price of € 30.90 each in return for cash contributions. Gross issue proceeds thus amoun

about 14 years ago
UK: Hutton’s Merges to Advance Offshore Supply Chain
Business & Finance

UK: Hutton’s Merges to Advance Offshore Supply Chain

Hutton’s, the UK’s leading ship supplier, is to merge with Harbour Chandlery Marine Services (HCMS) and in that way advance its offshore industry supply chain. Harbour Chandlery Marine Services is a Norfolk-based specialist supplier of commercial services to the offshore industry. The company will n

about 14 years ago
Denmark: Bladt to Provide Northwind Offshore Wind Farm Substation
Business & Finance

Denmark: Bladt to Provide Northwind Offshore Wind Farm Substation

Bladt Industries, the Danish steel contractor, has won the EPCI contract for the delivery of a substation for the Northwind Offshore Wind Farm on Bank Zonder Naam off the coast of the Belgian town Zeebrugge. The substation is due to be finished on 1 June 2013, and the installation is planned to take

about 14 years ago
UK: Allied Training Services Partners with Maersk Training Aberdeen
Business & Finance

UK: Allied Training Services Partners with Maersk Training Aberdeen

Aberdeen-based offshore training provider Allied Training Services has entered a partnership with Maersk Training Aberdeen worth an estimated £100,000 over the next 12 months to provide its accredited training services to the global energy industry. Allied Training Services will provide working at h

about 14 years ago
UK: Incat Crowther to Design 25m Catamaran WFSV
Business & Finance

UK: Incat Crowther to Design 25m Catamaran WFSV

Incat Crowther announces that it has been awarded a contract to design a 25m Catamaran Wind Farm Service Vessel (WFSV). Construction of the vessel has commenced at MMS Ship Repair in Hull, in the UK. Designed to meet an industry demand for increased cargo capacity and flexibility, the vessel will fe

about 14 years ago
Noreq Wins Major Contract for WODS Offshore Wind Farm, UK
Business & Finance

Noreq Wins Major Contract for WODS Offshore Wind Farm, UK

Noreq’s Danish subsidiary, NoreqActa, has been awarded the contract for 108 pieces WTPC’s (Wind Turbine Platform Cranes) to be placed on the West of Duddon Sands (WODS) offshore wind farm. The West of Duddon Sands wind farm is a joint venture between Scottish Power Renewables and Danish company DONG

about 14 years ago
China: Goldwind Unveils Its Offshore Wind Strategy
Business & Finance

China: Goldwind Unveils Its Offshore Wind Strategy

The Asia Pacific market is tipped to produce over 20GW of offshore generation by 2025 (Renewable Energy World 2011). China is where the most growth is expected. However, despite high expectations, Asia’s offshore market is in its very early stages. One of the largest Chinese wind turbine manufacture

about 14 years ago
Denmark: Vestas Dismisses Allegations Regarding Debt Restructuring Talks
Business & Finance

Denmark: Vestas Dismisses Allegations Regarding Debt Restructuring Talks

According to Reuters, the Danish wind turbine manufacturer Vestas dismissed the allegations that the company was considering putting itself up for sale and had entered debt restructuring talks with its lenders. The allegations were that the company’s banks had given it an “ultimatum”, demanding the

about 14 years ago
The Netherlands: Royal Haskoning and DHV Announce Official Merging
Business & Finance

The Netherlands: Royal Haskoning and DHV Announce Official Merging

Royal Haskoning and DHV announce they have officially merged and will now be known as Royal HaskoningDHV. The company, headquartered in Amersfoort, the Netherlands, is one of Europe’s leading project management, engineering and consultancy service providers, ranking globally in the top 10 of indepen

about 14 years ago
UK: SeaEnergy Announces SERL Sale Details
Business & Finance

UK: SeaEnergy Announces SERL Sale Details

SeaEnergy has announced that, pursuant to the Sale and Purchase Agreement dated 4 June 2011 between the Company and Repsol Nuevas Energias S.A. (“Repsol”), the Retention Amount of £3,000,000 plus interest became due for payment on 28 June 2012. The Company was notified on 27 June 2012, of a warranty

about 14 years ago
Luxembourg: EIB to Finance Northwind Project with EUR 333 Million
Business & Finance

Luxembourg: EIB to Finance Northwind Project with EUR 333 Million

The European Investment Bank (EIB) will grant EUR 333 million to finance the Northwind offshore wind power plant. The financial close, which was announced yesterday, will cover the construction and operation of a 216 MW offshore wind farm to be built on a sandbank located 37 km from the port of Oste

about 14 years ago
Belgium: Financial Close Indicates Construction Phase of Northwind Offshore Wind Farm
Business & Finance

Belgium: Financial Close Indicates Construction Phase of Northwind Offshore Wind Farm

Northwind NV has announced the formal financial close with all key stakeholders and banks for their Northwind Offshore Wind power plant. This ends a series of intense negotiations and deliberations that constitutes one of the largest financial investment transactions in Belgium in recent years. The

about 14 years ago
VolkerWessels Wins Cabling Contract for German Meerwind Offshore Wind Farm
Business & Finance

VolkerWessels Wins Cabling Contract for German Meerwind Offshore Wind Farm

VolkerWessels subsidiary Visser & Smit Marine Contracting (VSMC) has been awarded a contract from WindMW GmbH for the installation of cables for the Meerwind Offshore Wind Farm which is currently under construction in Germany. The award of the contract consolidates VSMC’s position as market leader i

about 14 years ago
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