Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, issues its latest Interim Management Statement in accordance with the EU Transparency Directive. This statement covers the period from 1 January 201
On 29 June 2012, the Company announced that, pursuant to the Sale and Purchase Agreement (“SPA”) dated 4 June 2011 between the Company and Repsol Nuevas Energias S.A. (“Repsol”), Repsol had intimated a warranty claim amounting to £849,000, and that Repsol had withheld that amount from the retention
Siemens has analyzed the electrical power producing systems across Europe and identified considerable potential for optimization, especially in connection with plans to expand power generation from renewable energy sources. The crux lies in the choice of location: If installations were built at the
DNV Group CEO Henrik O. Madsen says 2012 can be characterised as “a year of financial uncertainty and rapid technological change” which has led to an increasing complex risk environment for customers and, in turn, a continued demand for DNV’s technology and risk management services. “The need to man
As a consequence of Bonheur ASA holding more than 50% of the shares of Ganger Rolf ASA, Ganger Rolf ASA is fully consolidated for accounting purposes as a subsidiary of Bonheur ASA. As Bonheur ASA and Ganger Rolf ASA have a joint ownership (50% / 50%) of their major investments, the ownership struct
Wind farm project developer PNE WIND AG continued to ensure positive company developments in the first quarter of 2013. With the planned acquisition of the majority of the shares in WKN AG and the completed bond issue, the company is focused on creating future growth opportunities. “Our intention to
As part of its strategy to “prioritise its investments”, Vattenfall is to reduce its stake in European Offshore Wind Deployment Centre (EOWDC), writes BBC. The £230m EOWDC, which is opposed by Donald Trump, will consist of 11 wind turbines located in Aberdeen Bay. Peter Wesslau, Vattenfall’s UK coun
The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first quarter 2013 (which are not subject to audit). “The worsening of the crisis in Europe’s construction industry, the additional contraction in energy consumption and the uncertainties surrounding rene
Against a backdrop of sustained cold weather and periods of higher commodity prices, Centrica has performed well in the year to date. This strong performance enables the business to continue to invest in customer service and price competitiveness and full year earnings growth is expected to be in li
SeaEnergy PLC undertakes a study on behalf of Scottish Enterprise and Marine Scotland, into the potential demand for and use of converted fishing vessels to support the offshore wind industry. In support of the Scottish Government’s policy of developing the offshore renewable energy capacity in Scot
International marine engineering companies SeaRoc and McLaughlin & Harvey have today announced a partnership to provide construction, installation and operation & maintenance services to tidal and wave energy developments. The companies have highly complementary competencies and capabilities and ove
Eekels (a part of TBI), a company specialised in electrical and mechanical engineering, has joined Northern Netherlands Offshore Wind (NNOW). Offshore wind is becoming increasingly important in the production of sustainable energy. This development offers great opportunities for the business sector
A doubling of planned funding to improve oil and gas training facilities and develop other energy sector skills courses has been announced by the First Minister. Led by Skills Development Scotland and located at Robert Gordon University, Energy Skills Scotland (ESS) is being backed by an investment
Tekmar, the leading subsea technology company, has announced a £1million investment programme, which will more than treble the size of its North East England facility and create in excess of 30 new jobs. The Newton Aycliffe-based company is the market leader for the supply of offshore wind cable pro
