Big offshore energy industry players, gathered at the SNS2013 conference (South North Sea) at the Norfolk Showground organized annually by the East of England Energy Group (EEEGR), said that they wanted to cooperate with local firms and communities to boost job opportunities in the offshore energy s
The Minister for Communications, Energy and Natural Resources, Mr Pat Rabbitte TD, congratulated Irish SME, TechWorks Marine, yesterday afternoon (Thursday 7 March 2013) in Dun Laoghaire on securing a European Space Agency (ESA) funded contract to the value of €670,000. The project, which was secure
Offshore Marine Management Ltd (OMM), the UK’s independent services provider to the renewables, telecoms and hydrocarbon industries, has commenced a restructuring programme to centralise its core business and all support functions around its operational base in Cambridge. OMM has always been known a
In view of a difference of opinion regarding policy, and having consulted the Supervisory Board, Mr R. Malizia (56) has decided to resign with immediate effect as a member of the Board of Management of Ballast Nedam. Mr Malizia has held various positions at Ballast Nedam for some considerable time,
The DeepOcean Group announced it has secured a new €125 million senior credit facility. The agreement consists of a €95 million senior secured revolving credit facility including an ancillary feature for performance guarantees and a €30 million senior secured term loan facility. Both the revolving c
Despite difficult market conditions, RWE AG had a good financial year in 2012. The energy company achieved an EBITDA of EUR 9.3 billion and an operating result of EUR 6.4 billion – both up 10% on the previous year and therefore higher than the outlook published in March 2012. Revenue increased to EU
Voith Hydro has decided to shut down its wave power business in Inverness, Scotland and to “pool the Know-How at the company’s engineering centre in Heidenheim, Germany”, the Scotsman cites company’s spokesman. Decision to close its wholly owned subsidiary Wavegen is part of a plan for reorganizatio
After months of careful planning and detailed engineering, the Seafox 5 installed the first offshore wind monopile on February 28th. These monopiles serve as the foundations of the DanTysk Offshore Wind Park. The main contractor for the foundations of this wind farm is Aarsleff Billfinger Berger Joi
Following its recent acquisition of Tidal Generation Limited from Rolls-Royce, Alstom’s 1MW tidal turbine generated power for the first time at the European Marine Energy Centre’s (EMEC) tidal test site in Orkney, Scotland. After the successful test of its 500kW device, it is the second Alstom tidal
Massachusetts Clean Energy Center (MassCEC) CEO Alicia Barton has announced the availability of $640,000 in grants to fund clean energy-centered science, technology, engineering and math (STEM) programs for students from kindergarten through high school. The grants, part of MassCEC’s Workforce Capac
DONG Energy says that it can meet the UK Government’s target of GBP 100/MWh for offshore wind energy by 2020, and it can even reduce costs to achieve GBP 87/MWh, The Telegraph writes. The company has forecasted this last year, after two reports were published by the Offshore Wind Cost Reduction Task
The Scottish Government yesterday announced more than £4 million for new wave and tidal power research capacity, securing Scotland’s world-leading position in marine energy. Energy Minister Fergus Ewing told industry delegates at the RenewableUK Wave and Tidal Conference in London that the European
Following the announcement of the first three winners of the second call of the Offshore Wind Component Technologies Development and Demonstration scheme, DECC has yesterday launched a £4 million fourth call, aimed at driving forward further innovation in the offshore wind sector and helping even mo
Offshore wind innovation has yesterday been given a real boost with the announcement of the first three winners under the second call of the Department of Energy and Climate Change (DECC) and the Technology Strategy Board’s (TSB) Offshore Wind Component Technologies Development and Demonstration sch
