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Business & Finance

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Marubeni, UK GIB Acquire Half of Westermost Rough OWF
Business & Finance

Marubeni, UK GIB Acquire Half of Westermost Rough OWF

DONG Energy has today signed an agreement to sell 50 per cent of the 210 megawatt UK offshore wind construction project Westermost Rough to Marubeni Corporation and UK Green Investment Bank. At completion of the transaction, Marubeni and UK Green Investment Bank will each acquire a 25 per cent owner

about 12 years ago
Carnegie Cashes in AUD 1.9 Million
Business & Finance

Carnegie Cashes in AUD 1.9 Million

Wave energy developer Carnegie Wave Energy Limited announced the completion of the final foundation milestone and a progress milestone for the onshore plant component of the Perth Wave Energy Project with the receipt of $ 0.7 million from the Western Australian State Government and $ 1,2 million in

about 12 years ago
Four Companies Get USD 860,000 for Offshore Wind Research in Virginia
Business & Finance

Four Companies Get USD 860,000 for Offshore Wind Research in Virginia

Virginia Governor Terry McAuliffe has announced that four Virginia businesses have been selected for awards totaling $860,000 for research having a total value of more than $3 million that will give the Commonwealth a competitive advantage and accelerate the development of offshore wind power and it

about 12 years ago
North Sea Shipbrokers Takes Part in DanTysk Offshore Wind Project
Business & Finance

North Sea Shipbrokers Takes Part in DanTysk Offshore Wind Project

North Sea Shipbrokers has been nominated as agents for the GMS Endeavour 6102 jack-up barge for the port of Esbjerg, the largest offshore port on the Denmark’s west coast. From 18th to 23rd of March, the GMS Endeavour 6102 had undergone required maintenance and has been prepared to carry out DanTysk

about 12 years ago
Seaway Heavy Lifting Extends DOF Subsea’s Contract
Business & Finance

Seaway Heavy Lifting Extends DOF Subsea’s Contract

DOF Subsea, provider of integrated subsea solutions, has been awarded a Master Service Agreement (MSA) extension with Seaway Heavy Lifting for the provision of positioning services onboard its Stanislav Yudin and Oleg Strashnov crane vessels. DOF Subsea offers services to third parties across the gl

about 12 years ago
EQT Mid Market Acquires StormGeo
Business & Finance

EQT Mid Market Acquires StormGeo

Scandinavian Private Equity investor EQT Mid Market has acquired majority (57,5%) in INTPOW partner StormGeo, a leading global provider of software-based decision support for weather sensitive operations at sea. The Strategy is to support StormGeo’s continued growth. As part of the transaction, EQT

about 12 years ago
David Cameron Visits ABP’s Port of Hull
Business & Finance

David Cameron Visits ABP’s Port of Hull

UK Prime Minister David Cameron and Secretary of State for Energy & Climate Change Ed Davey visited Associated British Ports’ (ABP) Port of Hull to welcome the announcement that Siemens will invest £160 million in wind turbine production and installation facilities on a 54ha site at Alexandra Dock.

about 12 years ago
Niels Winther Provides Port Logistics Services for DanTysk Cable Installation
Business & Finance

Niels Winther Provides Port Logistics Services for DanTysk Cable Installation

Niels Winther supports the ongoing preparations for the DanTysk inter-array cable installation work with agency and port logistics. Planning and cable installation are carried out by Visser & Smit Marine Contracting (VSMC). Most recently, the barge Stemat 87 arrived at the Danish port of Esbjerg. Th

about 12 years ago
SSE Responds to Ofgem’s Announcement
Business & Finance

SSE Responds to Ofgem’s Announcement

SSE believes that the energy market in Great Britain is competitive, has brought significant benefits for customers, and that much has been done in recent years to make it more transparent and easier to understand, ranging from greater liquidity in the wholesale electricity market to simplification

about 12 years ago
Alicat, South Boats IOW: UK Manufactured Content Key to Wind Energy Growth
Business & Finance

Alicat, South Boats IOW: UK Manufactured Content Key to Wind Energy Growth

Despite recent project development delays and regulatory uncertainty, the UK wind energy market continues to offer a significant opportunity to develop a world class manufacturing and supply chain base that can deliver competitive industry content in the future. However, with over 30,000 offshore wi

about 12 years ago
Ofgem Asks for Energy Market Investigation
Business & Finance

Ofgem Asks for Energy Market Investigation

Ofgem, the UK energy watchdog, today acted to remove uncertainty from the energy market by proposing a market investigation by the Competition and Markets Authority (CMA). A market investigation will once and for all clear the air and allow the CMA to ensure that there are no further barriers to eff

about 12 years ago
TMD Enters OW Industry, Seeks Composite Boat Builder in North East UK
Business & Finance

TMD Enters OW Industry, Seeks Composite Boat Builder in North East UK

The news by Siemens & ABP of a GBP 310 million investment in the offshore wind energy industry and the follow on effects for further investment in the offshore wind energy supply chain hit right at the heart of Trawlercat Marine Designs’ (TMD) first step into this industry, the company’s President a

about 12 years ago
Latest Offshore Wind Investment Puts City of Hull on the Map
Business & Finance

Latest Offshore Wind Investment Puts City of Hull on the Map

Hull City Council has welcomed the announcement by Siemens Board confirming their intention to develop wind turbine production and installation facilities at at two locations – the Green Port Hull in Alexandra Dock and a rotor blade manufacturing facility located at Paull, to the east of Saltend. Le

about 12 years ago
WAB: Siemens’ Decision to Invest in UK Result of German Policy Uncertainty
Business & Finance

WAB: Siemens’ Decision to Invest in UK Result of German Policy Uncertainty

German wind industry network (WAB) criticized the proposal presented by German Federal Minister for Economic Affairs and Energy Sigmar Gabriel to reform the Renewable Energy Act (EEG). The reaction was triggered by the recent decision of Siemens to build a blade factory and offshore services facilit

about 12 years ago
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