Osbit has reported a 59% increase in its overall profit for the fiscal year ending 30 September, amounting to GBP 1.3 million, which enabled the company to make bonus payments to its 60-strong workforce.
Red Nine, a company providing solutions in the inhospitable and remote locations for the oil and gas sector, has set up an office at the OrbisEnergy hub at Lowestoft in Suffolk, UK, in order to offer its services to the offshore wind sector.
French Minister for the Ecological and Inclusive Transition Nicolas Hulot has approved the switch from the Adwen 8MW to the Siemens Gamesa 8MW turbine to be used on the 496MW Bay of Saint-Brieuc offshore wind farm, Ailes Marines, the developer of the project, said.
UK’s Offshore Renewable Energy Catapult, China’s Tus-Wind and TusPark Newcastle have signed a collaboration agreement to work together to advance offshore wind technology co-operation between the two nations.
UK fund manager Equitix will buy Statkraft’s 40% stake in the 316.8MW Sheringham Shoal offshore wind farm for GBP 558 million, with the transaction expected to be completed by the end of December.
Land reclamation works on the site of the Offshore Center Rotterdam were started without any client commitment because the port believes the center will be in demand with the offshore wind industry, Joost Eenhuizen, Business Manager, Maritime & Offshore Industry at the Port of Rotterdam, said.
After buying patented 3D crane technology from Norwegian company A-lifting in 2016, the Netherlands-based Van Aalst Group has recently acquired a majority stake in another Norwegian company – Techano, a designer and supplier of offshore cranes and lifting equipment.
Vattenfall has chosen Klintholm Harbour in Denmark as its base for the servicing and maintenance of the 605MW Kriegers Flak offshore wind farm.
Vattenfall’s three Danish offshore wind projects are progressing on schedule following the order of wind turbines from Siemens Gamesa Renewable Energy, Gunnar Groebler, Senior Vice President Business Area Wind at Vattenfall, said.
Jan De Nul’s jack-up vessel Vole au vent has been undergoing certain modifications to the layout of the deck prior to heading out to the Borkum Riffgrund 2 offshore wind farm, Carl Heiremans, Jan De Nul’s Senior Business Development Manager, said.
Innogy’s Executive Board has approved a capital expenditure budget of over EUR 3 billion for fiscal 2018, more than 25% above the figure expected for 2017.
Vattenfall set its new financial targets at an extraordinary general meeting on 12 December, as the renewable energy sector has matured and changed market conditions, resulting in lower risks and thus a lower and more stable financial return.
Kongsberg Digital is purchasing a 34 per cent ownership share in NSG Digital, a subsidiary of the NorSea Group. The two companies will now collaborate on digitalising the supply chain in the oil and gas and offshore wind industries.
Floating LiDAR solutions provider EOLOS plans to enter offshore wind markets in America and Asia in 2018, Julian Harland, Sales Director at EOLOS, said.