High Speed Transfers Ltd (HST) has entered into a partnership with Boston Line & Services for offshore wind in the U.S. In the partnership, HST will bring its experience from the European crew transfer vessel (CTV) market and the Massachusetts-based company will provide its services and local conten
Sif Holding N.V. has reached a EUR 350 million refinancing deal due to come into force in mid-2019. The agreement was signed with RABO bank, ING, ABN AMRO, Euler-Hermes and Tokio Marine and is set to replace the current EUR 250 million facility. According to Sif, the new facility consists of a revol
Swire Blue Ocean’s jack-up vessel Pacific Orca is installing the 64th turbine of the 588MW Beatrice offshore wind farm at a record location. Swire Blue Ocean said the location holds two records for the company as it represents the furthest north spot and the deepest installation with approximately 5
Hung Hua Construction (HHC), a Taiwanese dredging and nearshore construction company, has placed an order with Damen for two fast crew supply vessels of the latest FCS 2710 class. The two vessels, for which a contract was signed at the end of January, will be built at Damen Shipyards Singapore and a
Ørsted has entered into a partnership with Air Products to provide renewable electricity to the company’s production sites in the UK. Under the agreement, Ørsted will supply electricity from 11 of its offshore wind farms to all the Air Products’ UK production sites which supply merchant customers wi
Fugro has recently secured several offshore wind-related contract awards in the USA and in the Netherlands. The company has been selected to carry out geotechnical site investigations at the Hollandse Kust West offshore wind zone in the Dutch North Sea. The 1.4GW Hollandse Kust West is one of the th
Senvion has started to implement a transformation program to eliminate operational inefficiencies which led to a loss of revenue and profit in the 2018 financial year. Senvion stated that the immediate measure is focusing on disciplined execution throughout the installation chain with a target to re
Shell is interested in entering the UK offshore wind market, Mark Gainsborough, executive vice president at Shell New Energies, told Reuters. The company plans to crack the UK offshore wind market through either acquiring a share in an existing project, acquiring an entire project, or by securing se
Siemens Gamesa has entered into a partnership with the North Lindsey College for the provision of apprenticeship training in the UK. The two parties will develop a customized program that will provide training for individuals from the UK applying for a place on the Siemens Gamesa turbine O&M technic
Northland Power has reported CAD 1.4 billion in gross profit in 2018, a 17% increase, said to be primarily due to all turbines of the Nordsee One offshore wind farm producing power and higher wholesale market prices at the Gemini project. The two wind farms, as well as thermal projects Thorold and N
Royal Boskalis Westminster has acquired a 62.5% majority stake in the UAE-based Horizon Group, a provider of marine geophysical and geotechnical services. According to Horizon, the remaining 37.5% will stay unchanged and held by the company’s management. “Through this transaction, we are adding an i
Wind energy provided 14% of the EU’s electricity in 2018, which is an increase from 12% in 2017, according to statistics by WindEurope. Last year, wind power capacity rose by 11.3GW in Europe, with 2.65GW offshore and 8.6GW onshore. According to WindEurope, continued growth in capacity and the use o
Taipower has signed power purchase agreements (PPAs) with China Steel Corp (CSC) and Copenhagen Infrastructure Partners (CIP) for three offshore wind projects, the local media reported. The PPAs were signed for the 300MW Chong Neng project, developed jointly by CIP and CSC, as well as for CIP’s 552M
DEME Group has integrated the activities of its subsidiaries GeoSea, Tideway, A2Sea and EverSea into one business. DEME Offshore will combine renewable energy and oil & gas activities, as well as other offshore related activities. Hugo Bouvy is the Managing Director of the new business, with Bart De
