On October 23, 2012, Technip’s Board of Directors approved the third quarter 2012 consolidated financial statements. Third Quarter 2012 Results: Order intake of €2.8 billion Record backlog of €13.5 billion, of which €6.1 billion in Subsea Revenue of €2.1 billion Operating margin of 10.3% Net income
Many countries are turning to solar technology and renewable energy because of a need for alternative energy sources and environmental concerns. To help meet these needs, DNV has developed SUNdy, a large-scale offshore solar field concept which has been launched at Singapore International Energy Wee
AMSC, a global solutions provider serving wind and grid leaders, has announced that China’s Supreme People’s Court has scheduled a hearing for October 26, 2012 regarding one of AMSC’s copyright infringement cases against Sinovel Wind Group Co., Ltd. (Sinovel). The hearing relates to the Beijing No.
Windreich AG enters into a purchase agreement for the wind farm ‘Deutsche Bucht’ with an Anglo-Saxon financial investor and at the same time acquired the responsibility for the subsequent turnkey erection, commissioning and the expected future operation of the wind farm. Hence this Windreich offshor
ABB reported steady orders and higher revenues in the third quarter of 2012 despite a challenging macroeconomic environment, as the company benefited from its well-balanced market exposure, especially the improved access to the North American automation market gained through recent acquisitions. Pow
Thursday 18 October, the BaltShip started the transport of the world’s longest wind turbine blade from SSP Technology in Kirkeby, Denmark. With a length of 83.5 meters and a rotor diameter of 171.2 meters, the blade is by far the largest produced to date. Passing the blade by car at the speed of 50
John Best, Head of Sustainable Energy from James Fisher and Sons plc, spoke about future offshore wind turbine foundation needs at Offshore Energy Conference today. Starting his presentation, Mr. Best pointed out that there is a vast amount of information on this “fascinating and huge subject” and p
Aberdeen based Wood Group Engineering (North Sea) Ltd has awarded a contract to Seaway Heavy Lifting Contracting Ltd for the transportation and installation of two weather monitoring stations for the East Anglia Offshore Wind zone, located in the Southern North Sea, East Anglia Field, UK. The offsho
IBERDROLA projects average Ebitda and net earnings for the 2012-2014 period in line with the €7.65 billion and €2.8 billion recorded in 2011, enabling it to continue remunerating shareholders at a gross annual average of about €0.3 per share. The Group will achieve this through a strategy focused on
TenneT TSO GmbH got a lawsuit because of the grid connection delays on Trianel’s 200 MW North Sea offshore wind farm. Namely, Trianel is seeking compensation for the Borkum offshore wind farm related costs, which will increase from EUR 50 million to at least EUR 900 million, Bloomberg informs. The d
Last week, during the EEA Grant Conference arranged by Innovation Norway and CDTI in Bergen, the Norwegian company Langlee Wave Power and Repnaval Shipyard (Zamakona Yards) signed an agreement for the development of wave power in the Canary islands. The two companies will file a common application t
Research and Markets has announced the addition of the ‘RWE AG Goes Green? The Energiewende and the End of RWE’s Nuclear Ambitions’ report to their offering. RWE is one of Europe’s leading energy utility companies, supplying 17 million customers with electricity and 8 million with gas. The German go
Aquatic Engineering & Construction Ltd, an Acteon company, has become one of several businesses that form the new Peterhead Energy Hub (PEH). The port of Peterhead is a major strategic gateway to the North Sea for the oil and gas industry, and various suppliers and contractors have been invited to j
Lagendijk Equipment revealed the completion of an order from Van Oord for two electric/ hydraulic cranes to be installed on the innovative walking jack-up barge WaveWalker 1. Van Oord is a leading international contractor in dredging, marine engineering, and offshore oil, gas and wind projects. The
