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Business & Finance

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TechnologyR&DWind Farm UpdateTraining & Education
DCNS Extends Asia Ops, Boosts Its ROV Fleet
Business & Finance

DCNS Extends Asia Ops, Boosts Its ROV Fleet

DCNS Group has enhanced its ROV capability with a Saab Seaeye Tiger and Saab Seaeye Falcon. Both ROVs will be deployed by DCNS Far East – DCNS’ Singapore-based subsidiary across Asia – as the company extends its operations in the region. DCNS Far East chose the two ROVs for their versatility and rel

about 11 years ago
Dong Energy Sets Out Local Opportunities for Burbo Bank 2
Business & Finance

Dong Energy Sets Out Local Opportunities for Burbo Bank 2

Opportunities for local businesses to get involved in the delivery of the Burbo Bank Extension offshore wind farm in Liverpool Bay were explained at a special supply chain event held in the Wirral yesterday. DONG Energy and its partners presented at the event in New Brighton from 10am to 4pm on Tues

about 11 years ago
EPSRC Funds Research on Marine Energy Development
Business & Finance

EPSRC Funds Research on Marine Energy Development

EPSRC, as part of the Research Councils UK (RCUK) Energy Programme, has invited proposals for collaborative research projects that will investigate novel concepts for marine energy development. Three priority remit areas were identified at a scoping workshop in October 2013 and have been further ref

about 11 years ago
USA: Icebreaker OW Project to Use Mono Bucket Foundations
Business & Finance

USA: Icebreaker OW Project to Use Mono Bucket Foundations

The Lake Erie Energy Development Corporation (LEEDCo) announced today that the Icebreaker offshore wind project, planned for the Ohio waters of Lake Erie, will utilize Mono Bucket foundations, developed by Denmark-based Universal Foundation (UF). “Universal Foundation’s Mono Bucket foundation recent

about 11 years ago
Keppel’s Subsidiary Acquires OWEC Tower
Business & Finance

Keppel’s Subsidiary Acquires OWEC Tower

Keppel Corporation’s wholly owned subsidiary KV Ventus B.V. has acquired a 50.1% equity interest in OWEC Tower, from NorWind AS, TronderEnergi AS, InnoVent GmbH, Per Bull Haugsoen and Gunnar Foss for NOK 2,8 million (approx. EUR 327,827). As KV Ventus already holds the remaining 49.9% equity interes

about 11 years ago
Thinking Outside the Box Gets Ulstein Nor-Shipping Award
Business & Finance

Thinking Outside the Box Gets Ulstein Nor-Shipping Award

The X-STERN™ solution from Ulstein was awarded the Next Generation Ship Award at the Nor-Shipping opening conference on 2 June. Gunvor Ulstein, CEO of Ulstein Group, said: “The offshore industry is experiencing a downturn and eventually oil and gas supplies will come to an end. We do not know what w

about 11 years ago
Norwegian Subsea Company Opens UK Office
Business & Finance

Norwegian Subsea Company Opens UK Office

Norwegian company Omega AS has opened its UK subsidiary in Aberdeen, Omega Subsea UK, as part of the company’s strategic expansion in the Subsea Engineering and Operations sectors of the oil and gas and renewable energy industries. The objective is to establish a strategic business unit to facilitat

about 11 years ago
Osiris Upgrades Its Diving Services
Business & Finance

Osiris Upgrades Its Diving Services

Osiris, part of James Fisher and Sons plc, has taken delivery of its new Bauer Enriched Air Nitrox diving system for projects in the global offshore renewable and oil and gas industries. The IMCA compliant system offers a safe and cost-effective solution by enabling longer dive times with a potentia

about 11 years ago
Canadian Tidal Company Exits Business
Business & Finance

Canadian Tidal Company Exits Business

Clean Current, a British Columbia company dedicated to tidal energy technology development, is closing its business. “All obligations to employees, suppliers and business partners have been met and the Company will be wound down in an orderly way,” the company said. Clean Current became the first co

about 11 years ago
Alun Griffiths Wins GBP 25 Mln Swansea Tidal Lagoon Job
Business & Finance

Alun Griffiths Wins GBP 25 Mln Swansea Tidal Lagoon Job

Tidal Lagoon Swansea Bay Plc has named Abergavenny-based Alun Griffiths Ltd as preferred bidder for one of the main civil engineering and construction packages for the Swansea Bay Tidal Lagoon. The GBP 25 million contract covers ancillary civil engineering for the project’s public realm works. The s

about 11 years ago
No Wind in Fishermen’s 25 MW Demo Project
Business & Finance

No Wind in Fishermen’s 25 MW Demo Project

Fishermen’s Atlantic City Wind Farm (FACW) was dealt another blow last week when Superior Court of New Jersey sided with New Jersey Board of Public Utilities (BPU). BPU was legally challenged for denying the 25MW project an offshore wind renewable energy certificate over cost concerns. The court not

about 11 years ago
Nordseewerke Files for Bankruptcy
Business & Finance

Nordseewerke Files for Bankruptcy

Nordseewerke from Emden, Germany, has filed for bankruptcy due to the upcoming imminent insolvency, CEO Thierry Putters told German media. This affects 188 employees, of whom 80 percent have been working short-time since September 2014. The shipyard was founded in 1903 and was taken over by the stee

about 11 years ago
Wärtsilä Acquires L-3 Marine Systems
Business & Finance

Wärtsilä Acquires L-3 Marine Systems

Wärtsilä Corporation announces that its acquisition of the Germany based L-3 Marine Systems International (MSI) has been finalised and control of the company will be transferred to Wärtsilä with effect from 1stJune 2015. In December 2014, Wärtsilä announced that agreement had been reached to acquire

about 11 years ago
SSC Wind, Deutsche WindGuard Launch German Wind Academy
Business & Finance

SSC Wind, Deutsche WindGuard Launch German Wind Academy

By signing a Letter of Intent (LOI), SSC Wind EMEA GmbH and Deutsche WindGuard have confirmed their cooperation in the field of education and training for the wind energy industry. At the site of Maritime Campus in Elsfleth, the “German Wind Academy” will offer comprehensive education and training o

about 11 years ago
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