Masdar has invested GBP 52.5 million (approx. EUR 61 million) in Hywind Scotland Pilot Park, according to Scottish Development International (SDI), as Abu Dhabi’s renewable energy investor agreed with Statoil to take a 25% stake in the project.
In her keynote Brexit speech – Plan for Britain – which includes 12 priorities that the UK government will use to negotiate Brexit, UK Prime Minister Theresa May has made clear her support for renewable energy and said that the UK is at the forefront of fields such as science, innovation, and clean
Rotterdam Offshore Group (ROG) has started expanding its facilities in the Waalhaven to accommodate vessels of up to 320m in length where previously the maximum vessel length was 200m, and to increase the storage facility from 14,000m² to 21,700m².
Scottish Enterprise has issued a new guide aimed at Scotland’s oil and gas supply chain to maximise opportunities in additional markets.
Aberdeen Harbour Board officially approved a GBP 350 million development plan to expand the habour last month, after receiving construction and dredging operations licenses from the authorities. Following the project go-ahead, Aberdeen Harbour signed a contract with Dragados UK for the construction
Statoil has agreed to divest 25% of its assets in Hywind Scotland pilot park, the world’s first floating wind farm, to Masdar.
Subsea 7 informed today that it had made an offer to acquire the 50% shareholding in Seaway Heavy Lifting (SHL) currently owned by K&S Baltic Offshore (Cyprus). If the offer is accepted, Subsea 7 would become the sole owner of SHL, since it already holds a 50% interest in the company.
Cable protection systems (CPS) supplier Tekmar Energy has won a contract to supply Prysmian PowerLink with 84 of its TekLink CPS units for the 3o9MW Rentel offshore wind farm project in Belgium. The supply for the contract will be executed in Tekmar’s production facility in the North East of England
UK community fund administrator GrantScape has, on behalf of DONG Energy, opened the first round of applications for the East Coast Community Fund available to coastal communities on the Yorkshire, Lincolnshire, and North Norfolk coasts. The East Coast Community Fund has been set up to ensure that l
Aberdeenshire-based Ecosse Subsea Services (ESS) has agreed a multi-million-pound revolving credit facility with full service bank Handelsbanken. The new relationship is expected to support the Banchory-based subsea engineering specialist as it tenders for larger renewables and power generation cont
Bristol-based subsea specialist Offshore Marine Management (OMM) has added two new members to its team this January. Perry Symons has joined OMM as chief operating officer. Overseeing OMM international offshore projects, he will also co-ordinate service development at a strategic level. Symons is sa
Vattenfall Buys 584MW Offshore Wind Project in German North Sea Swedish utility Vattenfall has bought the 584MW Atlantis I offshore wind project in the German North Sea from PNE Wind AG. Sea Mine Found at Gode Wind 2 Goes Kaboom The sea mine which was found floating near the Gode Wind 2 wind farm si
Following the approval from the German consenting authority ‘Bundesamt für Seeschifffahrt und Hydrographie’ (BSH), DONG Energy placed an order with MHI Vestas Offshore Wind for the 450MW Borkum Riffgrund 2 project, marking the largest ever order for the wind turbine manufacturer.
Danish company Floating Power Plant (FPP) has embarked on a EUR 10 million capital raise, supported by the company Johnston Carmichael.
