Moventas has cleared the corporate restructuring programme it entered in 2011. The Santasalo Moventas Group has simultaneously been divided in two, where Moventas and the industrial gear manufacturer Santasalo will both be better equipped to focus on their industry-specific businesses. Moventas Gear
Oceana has released a new report that finds offshore wind would produce twice the number of jobs and twice the amount of energy as offshore drilling in the Atlantic Ocean. The report, titled Offshore Energy by the Numbers, An Economic Analysis of Offshore Drilling and Wind Energy in the Atlantic, ch
Climate change represents a serious threat to our welfare society, the business community and individual citizens. However, with the Climate Change Act – passed by the Danish Parliament on January 12 – Denmark is taking its share of responsibility for limiting climate change, according to Minister f
With the latest contract for two offshore wind service vessels for Bernhard Schulte/WINDEA Offshore, ULSTEIN has achieved 100 sales of the X-BOW hull line design. The milestone was achieved 10 years after the launch of the X-BOW design in 2005. “We can now see that X-BOW has been a huge success in t
GDF SUEZ yesterday announced that it plans to double its renewable energy generation capacity in Europe from 8GW recorded in mid-2014 to 16GW by 2025. The company said that it will especially focus its business on marine renewable sources. At the moment, most of GDF’s renewable operations are within
LOC Group Ltd (London Offshore Consultants) – a leading global marine engineering consultancy – has appointed Andrew Pointing into the newly created role of Group Director, Marine Assurance and Risk. This new position is part of an ongoing restructuring process which sees LOC creating a number of gr
KIC InnoEnergy has published, together with Questel Consulting, a unique report on innovation to provide an in-depth understanding of the global competitive energy landscape. The Top 10 Energy Innovators in 100 Energy Priorities report is the first to identify and rank the top industry and academic
By the end of 2014, WPD AG had increased its own range of wind farms to a total capacity of 1,061 megawatts. This makes the mid cap company with its head office in Bremen one of the leading wind farm operators in the German and European markets. The wind farms are mainly in Germany and selected [&he
BMT Nigel Gee (BMT) has appointed Jason Steward as Business Development Manager. Jason’s new role at BMT will see him support the continued expansion of the business in both new and existing markets delivering design and engineering services within the Commercial, Offshore Energy, Defence and Yacht
Deep BV, a Dutch company specializing in hydrography, geophysics and oceanography, has been awarded a five-year framework agreement to undertake geophysical soil investigations for offshore wind farm zones in the Netherlands. Furthermore, the company has sealed the deal for its first job within the
Siemens has signed a chartering agreement with ship owner Bernhard Schulte for two new service operations vessels (SOV) to be purpose-built for the long-term service and maintenance operations of the Gemini and Sandbank/Dan Tysk offshore wind power plants in the North Sea. Officials from Siemens and
German utility, RWE, has slashed its renewables investment plans to EUR 1 billion from 2015 to 2017, having invested the same amount between 2008 and 2014. This move comes after the company’s debt reached EUR 31 billion due to crisis in the power sector. Hans Buenting, chief executive of RWE Innogy,
Dalby Offshore Services is working with Scarborough Borough Council to promote the Borough – and the ports of Whitby and Scarborough in particular – as a location to establish offshore wind operations and maintenance activity. Following an open tender process, Dalby Offshore Services Limited were id
French Economy Minister Emmanuel Macron has announced the creation of an investment fund worth EUR 425 million to support projects, including those in renewable energy sector, with an aim to accelerate their transition from experimental to the industrialization stage. The fund aims to support the co
