DONG Energy has revealed details of its Walney Extension community skills fund which will invest GBP 100,000 a year for the next 25 years into equipping people to work in engineering industries in the coastal areas of Lancashire and Cumbria.
The Crown Estate has awarded the legal mandate to advise its Energy, Minerals and Infrastructure businesses to Hogan Lovells International LLP and Bond Dickinson LLP.
The European Commission has cleared unconditionally under the EU Merger Regulation the proposed acquisition of ABB’s high voltage cable business and power cable accessories business by nkt after concluding that the merged entity would continue to face effective competition in Europe.
Danish blade designer and manufacturer LM Wind Power reported EUR 51.7 million net profit for the Fiscal Year 2016, a 776 per cent increase compared to EUR 5.9 million net profit recorded in FY 2015 driven by higher sales and better operating performance.
Maryland’s Public Service Commission will hold two public hearings on two offshore wind farm projects proposed by US Wind and Deepwater Wind in March.
DONG Energy has published an indicative area in which the cables carrying clean electricity from its proposed Hornsea Project Three offshore wind farm could be located, and is seeking feedback from local communities in Norfolk. Hornsea Project Three is a 2.4GW project that if built out to capacity
Eidesvik Offshore has entered into an agreement for the sale of its vessel Viking Poseidon with a buyer which the company left unnamed.
Dutch offshore structures manufacturer HSM Offshore has contracted compatriot Heinen & Hopman to fabricate and install the HVAC (Heating, Ventilation and Air Conditioning) system for the 450MW Borkum Riffgrund 2 Offshore High Voltage Substation (OHVS) to be installed in the German North Sea in 2018.
DORIS Engineering, headquartered in France, has established DORIS Renewables, a business unit dedicated to alternative energies.
Berlin-headquartered logistics services provider Rhenus Offshore Logistics is starting up its operation of two new offshore supply bases at the ports of Great Yarmouth and Aberdeen in the UK.
Shell Eyes More Action in European Offshore Wind The Netherlands-based oil and gas giant, Shell, is looking to get on board further projects across Europe as it aims to dive deeper into the offshore wind market. Hywind Foundations On a Roll (Photos) The Navantia-Windar team has started the roll-out
UK civil construction company BAM Nuttall has been appointed as the principal contractor for the renovation works on two buildings at Wick Harbour, where Beatrice Offshore Windfarm Ltd (BOWL) will set up the O&M base for the Beatrice offshore wind farm.
Fugro today reported a net loss of EUR 309 million and 1,430 jobs lost in 2016, due to low activity in the oil and gas sector. The company’s revenue amounted to EUR 1.8 billion, a 22.7% decline from the EUR 2.4 billion reported for 2015. However, offshore wind has brought several projects to the com
Subsea cable demand will grow at a compound annual growth rate (CAGR) of 7% over the 2017-2021 period, with the offshore wind sector driving the market demand, according to this year’s first issue of Douglas-Westwood’s biannual Subsea Cable Tracker report.