During the course of 2014, Aibel has announced several staff reductions due to reduced workload. Over the past year, the company’s workload has been declining. This has resulted in several staff reductions. Simultaneously, Aibel has done extensive work to improve its competitiveness within the diffe
N-Sea Offshore Ltd, has secured major contracts to the value of over £100 million, since the beginning of the year. N-Sea is known for its innovative work in the North Sea as an independent offshore subsea contractor. The company has secured a significant number of major, long-term contracts in the
Centrica chief executive Sam Laidlaw spoke at the FT European Gas Summit in London. Addressing the conference on ‘Europe’s energy challenges’, Mr. Laidlaw spoke of the downward shift in wholesale gas and oil prices and the consequent benefits for European consumers and businesses. He pointed to long
Four Dutch and German consultancies in the field of offshore renewable energy have teamed up and established a new international consultancy company Wind Minds with the objective to combine all their expertise and experience in developing and building new offshore wind farms in North West Europe, Am
Chinese investment in the UK energy sector could exceed £43 billion in the next decade, reveals a report published today by legal firm Pinsent Masons and the Centre of Economic and Business Research (Cebr). The report, ‘China Invests West: Can Chinese investment be a game-changer for UK infrastructu
ABB has won a significant order from the Dutch-German transmission grid operator TenneT to design, engineer, supply and install an Alternating Current (AC) power transmission cable system that will connect Butendiek, an offshore wind farm in the German North Sea, to the HVDC (high voltage direct cur
Offshore Energy 2014 Exhibition & Conference opened its door to this year’s participants and visitors this morning in Amsterdam, the Netherlands. Mr. Pieter van Oord, CEO of Van Oord, Dr. María de Lourdes Melgar Palacios, Under Secretary Hydrocarbons of Mexico, and Coert van Zijll Langhout, Director
Those who doubt the value of wind power in generating power for the UK are being urged to think again by James Gray, inward investment director for EEEZ, the East of England Energy Zone. He wants to see the nation’s politicians, business leaders and energy industry fully behind the many initiatives
Research and Markets has announced the addition of the “Q2 2014 Global Wind Market Update – Growth Continues” report to their offering. Global new firm order inflow for Q2 2014 increased by around 80% over Q1 2014 levels while the same increased by around 3% over Q2 2013 levels. The Global market ha
A national energy conference at Sage Newcastle is attracting some of the biggest names in the industry. Energy: A Balanced Future on 10 and 11 March 2015, is hosted by NOF Energy, the business development organisation for the oil, gas, nuclear, offshore and renewables sectors. Among the VIPs already
The U.S. Navy has committed to get half of its energy from renewable sources by the year 2020. One element of that strategy will be looking to extract energy from tides, currents and waves. The University of Washington is helping to reach that goal with an $8 million, four-year contract from the Nav
ASIFF BV, a subsidiary of brokering and consultancy company Costa Renewables The Netherlands BV (CRNL), and Greek owned ZEUS Development BV i.o. have joined forces in further developing and bringing to market of Zeus Development’s unique, under WIPO PCT patent-pending, UNFLOP (UNsinkable-stable unaf
Research and Markets has announced the addition of the “Scotland: A Major Destination for Offshore Wind” report to their offering. The Offshore Wind Industry Group has estimated Scotland’s offshore wind energy potential to be around 25% of the entire European offshore wind potential. This means that
EU Heads of State have agreed upon a climate and energy framework, which fails to provide industrial leadership for Europe. The framework’s new targets for greenhouse gas emissions, renewable energy and energy efficiency will do little to capitalise on the security, employment and export potential o
