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Business & Finance

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Balfour Beatty to Operate Thanet OWF’s Offshore Transmission Link
Business & Finance

Balfour Beatty to Operate Thanet OWF’s Offshore Transmission Link

Balfour Beatty Investments Limited has been chosen to operate the offshore transmission system of the Thanet wind farm. Ofgem has determined to grant an offshore transmission licence to Thanet OFTO Limited, which is the proposed licensee entity incorporated by Balfour Beatty Investments Limited, the

about 11 years ago
Ming Yang Announces New Board and Management Appointments
Business & Finance

Ming Yang Announces New Board and Management Appointments

China Ming Yang Wind Power Group Limited has announced the appointment of Mr. Longgen Zhang to its board of directors. He will replace Mr. Cole Capener who has served as an independent director since November 2013. Ming Yang also announced that its Chief Financial Officer (“CFO”) Mr. Calvin Lau woul

about 11 years ago
Siemens to Exit Tidal Energy Business
Business & Finance

Siemens to Exit Tidal Energy Business

Siemens announced its proposal to divest its ocean power generation business, in particular Marine Current Turbines (MCT), based in Bristol, United Kingdom. This restructuring would affect 45 employees in the Hydro & Ocean unit in Siemens Division Wind Power & Renewables. It is expected that the div

about 11 years ago
OPUS MARINE’s Fleet Grows
Business & Finance

OPUS MARINE’s Fleet Grows

The Hamburg based ship owning company and operator of Offshore Service Vessels OPUS MARINE GmbH is adding another vessel to its fleet. The “MAGNIFICAT” (ex “ATLANTIC COUGAR”) is the former Swedish Marine survey vessel “NILS STRÖMKRONA”. Since 2009 she has been in service for the UK based offshore sp

about 11 years ago
New Project to Significantly Cut Offshore Transmission Costs
Business & Finance

New Project to Significantly Cut Offshore Transmission Costs

As announced yesterday, Ofgem has awarded GBP 46.4 million for eight energy-related projects. Among them, a company running transmission assets of the Ormonde offshore wind farm proposes to develop an offshore cable repair vessel and universal cable jointing system in a way that would significantly

about 11 years ago
Areva Extends DOTI’s Contract for Alpha Ventus O&M
Business & Finance

Areva Extends DOTI’s Contract for Alpha Ventus O&M

AREVA and the operating consortium DOTI (Deutsche Offshore-Testfeld und Infrastruktur GmbH & Co. KG) signed a five years contract for the service and maintenance of the AREVA turbines at the alpha ventus wind farm. This contract extends the previous service and maintenance agreement, initiated in 20

about 11 years ago
Ming Yang Order Backlog Reaches 3.7GW
Business & Finance

Ming Yang Order Backlog Reaches 3.7GW

China Ming Yang Wind Power Group Limited, wind turbine manufacturer in China, announced its unaudited financial results for the third quarter endedSeptember 30, 2014. Revenue in the third quarter of 2014 was US$279.7 million, an increase of 78.7% as compared to that of the corresponding period in 20

about 11 years ago
SAL Heavy Lift Carrying Out Wikinger OWF Pile Testing (Gallery)
Business & Finance

SAL Heavy Lift Carrying Out Wikinger OWF Pile Testing (Gallery)

In October 2014 the first phase of the pile testing campaign for the Wikinger offshore wind farm project was launched, after the site’s geotechnical investigation on the Baltic Sea had been completed. German engineering and services group Bilfinger was awarded the test pile contract and chose SAL He

about 11 years ago
Ex-RAF Joins Aveillant Team
Business & Finance

Ex-RAF Joins Aveillant Team

Aveillant is further strengthening its Board with the appointment of Sir Colin Terry as Non-Executive Director. During his 37 years in the Royal Air Force, Sir Colin reached the rank of Air Marshal and was Chief Engineer (RAF) as well as the Commander in Chief for Logistics Command and the Air Force

about 11 years ago
Offshore Energy Companies Win Great Yarmouth’s Business Awards
Business & Finance

Offshore Energy Companies Win Great Yarmouth’s Business Awards

The winners of an annual celebration of business excellence in the Great Yarmouth borough were announced at a trophy presentation ceremony, at the Town Hall, on Friday, November 21. The Spirit of Enterprise Awards, now in its seventh year, is organised by enterpriseGY, Great Yarmouth Borough Council

about 11 years ago
Red7Marine Invests in ROV Fleet
Business & Finance

Red7Marine Invests in ROV Fleet

Fast-growing offshore company Red7Marine Offshore has expanded its subsea services to North Sea clients by investing in a fleet of remotely operated vehicles (ROVs). The investment – part of a £25 million investment in equipment this year – secures more skilled jobs at its Great Yarmouth base. The R

about 11 years ago
Conference on Opportunities for UK Ports in Energy Sector Coming Up
Business & Finance

Conference on Opportunities for UK Ports in Energy Sector Coming Up

On December 2, an event titled “Opportunities for UK Ports in the Energy Sector” will be held in London. Recent years have seen rapid development of offshore renewables and a number of changes to energy policy. With these changes, there are many available opportunities for ports to support the suppl

about 11 years ago
Ofgem Announces GBP 46.4 Mln for Eight Projects
Business & Finance

Ofgem Announces GBP 46.4 Mln for Eight Projects

Ofgem has confirmed funding of £46.4 million for eight projects as part of its cutting-edge innovation competitions for the network companies that deliver energy to homes and businesses. Ofgem runs three innovation competitions to help Britain’s energy networks become smarter and more cost-efficient

about 11 years ago
MMO Appoints New CEO
Business & Finance

MMO Appoints New CEO

Sir Bill Callaghan, Chair of the UK Marine Management Organisation (MMO) has confirmed the appointment of John Tuckett as the organisation’s new Chief Executive. The appointment was made following a fair and open recruitment exercise which attracted a strong field of high quality applicants. Prior t

about 11 years ago
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