Business & Finance
The Netherlands: Arabs to Invest Billions in North Sea Wind Farm
Taqa state of the Abu Dhabi Emirate is about to become a majority shareholder in a massive wind farm in the North Sea. According to De Telegraaf, after a difficult search for money, Arabs are willing to invest billions of dollars in the offshore wind farm, though the move came seven months after the
Denmark: Vattenfall Awards CTV Contract to World Marine Offshore
World Marine Offshore announces that it has been awarded one boat contract by Vattenfall, one of the Major Energy suppliers in Northen Europe, to provide Crew Transfer Vessels (CTV) to DanTysk Windpark. The Contract has been awarded for 19 Months with possibility for extension. Vattenfall has chosen
CG’s Technology to Power Northwind Project, Belgium
CG has been awarded the contract for the grid connection study and supply of main transformer 275 MVA and 2 reactors of 65 MVAr at the Northwind offshore wind farm in Belgium. The Northwind wind farm, previously named “Eldepasco”, will have an installed production capacity of 216 MW. The connection
UK: Reef Subsea Wins Major Contract for Gwynt y Môr
Reef Subsea AS announced today that its subsidiary company, Reef Subsea Power & Umbilical Ltd. with offices in Stockton on Tees and Aberdeen, has been awarded a major contract with Gwynt y Môr Offshore Wind Farm Limited, worth approximately £40m. It will see Reef Subsea Power & Umbilical assist with
Norway: TTS Purchases Heavy-Lift Crane Company
TTS Group ASA has entered into an agreement to purchase Neuenfelder Maschinenfabrik GmbH (NMF), located in Hamburg, Germany. Closing is expected to be finalized in the first half of August 2012. Expected turnover of NMF in 2012 is 660 MNOK (88 MEUR). The last 5 years NMF has delivered marine cranes
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,
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
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
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
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
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
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
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
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