9045 results found for 'race bank'

9045 results found for 'race bank'
Order results by

A list of search results

  • Offshore Wind Eases DONG’s Financial Pains

    4 February 2016
    Business & Finance

    DONG Energy recorded an operating profit (EBITDA) of DKK 18.5 billion (EUR 2.48 bn) in Fiscal Year 2015, a 13% increase compared to DKK 16.4 bn EBITDA in FY 2014, driven mainly by higher generation from offshore wind and higher levels of offshore wind farm construction activities for co-investors, the company said in its annual report today. […]

  • Inter-array cable issue to leave €403 million mark on Ørsted

    29 April 2021
    Business & Finance

    An inter-array cable issue on several Ørsted’s offshore wind farms in the UK and Continental Europe could have a total financial impact around DKK 3 billion (around €403 million) across 2021 to 2023, the company reported in its latest financial results. A cable failure was discovered during an inspection campaign at the Race Bank offshore […]

  • Ørsted Launches New Round of East Coast Skills Fund

    16 July 2018
    Business & Finance

    Ørsted has opened the second round of its East Coast Skills Fund for applications, with GBP 55,000 available for experienced organisations that can develop and deliver Science, Technology, Engineering and Maths (STEM)- related training or education courses, a one-off event, or a programme of targeted events.

  • Offshore Wind Eases DONG’s Financial Pains

    4 February 2016
    Business & Finance

    DONG Energy recorded an operating profit (EBITDA) of DKK 18.5 billion (EUR 2.48 bn) in Fiscal Year 2015, a 13% increase compared to DKK 16.4 bn EBITDA in FY 2014, driven mainly by higher generation from offshore wind and higher levels of offshore wind farm construction activities for co-investors, the company said in its annual report today. […]

  • Japanese companies set to invest billions in UK’s offshore wind, green hydrogen

    19 May 2023
    Authorities & Government, Business & Finance

    Japanese giants Marubeni Corporation, Sumitomo Corporation, and Sumitomo Electric Industries have committed to investing a total of GBP 14.2 billion (approximately €16.3 billion) in offshore wind and green hydrogen projects, and the offshore wind supply chain in the UK. Ahead of the UK Prime Minister’s business reception in Tokyo on 18 May, the UK government announced […]

  • Offshore Wind Powers Ørsted’s Green Switch

    1 February 2018
    Business & Finance

    Ørsted reported a 74% jump in wind power division’s operating profit (EBITDA) in 2017, largely due to farm-downs of 50% of the Walney Extension and the Borkum Riffgrund 2 offshore wind farms.

  • OrbisEnergy: East of England Remains UK’s OWF Powerhouse

    17 April 2015
    Business & Finance

    Johnathan Reynolds, business development lead for renewables and innovation hub OrbisEnergy in Lowestoft, Suffolk, and director of energy firm Nautilus Associates, said that East of England businesses can be confident of the development of many offshore wind farms off their coast. As the supply chain in the East of England prepares to compete for work with developers of […]

  • OrbisEnergy: East of England Remains UK’s OWF Powerhouse

    17 April 2015
    Business & Finance

    Johnathan Reynolds, business development lead for renewables and innovation hub OrbisEnergy in Lowestoft, Suffolk, and director of energy firm Nautilus Associates, said that East of England businesses can be confident of the development of many offshore wind farms off their coast. As the supply chain in the East of England prepares to compete for work with developers of […]

  • Murphy Secures Hornsea One Onshore Cable Installation Contract

    24 June 2016
    Business & Finance, Storage

    DONG Energy has awarded J. Murphy & Sons Limited (Murphy) the onshore cable installation contract for the 1.2GW Hornsea Project One offshore wind farm. Hornsea Project One, located off the Yorkshire coast, will comprise 174 wind turbines installed across an area of 407sq km, and will be the first offshore wind farm in the world to exceed one […]

  • DONG Reaches FID for World’s Biggest Offshore Wind Farm

    11 September 2017
    Business & Finance

    DONG Energy has taken a Final Investment Decision for its Hornsea Project Two, following the UK government’s allocation of the Contracts for Difference (CfD) and the offshore wind giant winning a CfD for what will become the world’s biggest wind farm.

  • Murphy Secures Hornsea One Onshore Cable Installation Contract

    24 June 2016
    Business & Finance, Storage

    DONG Energy has awarded J. Murphy & Sons Limited (Murphy) the onshore cable installation contract for the 1.2GW Hornsea Project One offshore wind farm. Hornsea Project One, located off the Yorkshire coast, will comprise 174 wind turbines installed across an area of 407sq km, and will be the first offshore wind farm in the world to exceed one […]

  • £1.9 Billion Tender Round for Transmission Links to Offshore Windfarms Launched by OFGEM (UK)

    18 November 2010
    Project & Tenders

    Transmission links to 2.8 GW of offshore windfarms to be put out to competitive tender Winning tenders for the first links will be announced in summer 2011 First tender round for £1.1 billion of links attracted almost £4 billion of investment appetite and delivered savings of around £350 million Ofgem today launched the second tender […]

  • Four Bidder Shortlisted for Offshore Transmission Links (UK)

    28 April 2011

      – Strong competition to own and operate over £1bn of high-voltage transmission links for three offshore wind farms – Shortlist of bidders follows strong interest in the first round of tenders which attracted £4bn investment appetite – Preferred bidders for links will be announced from autumn 2011 Ofgem E-Serve has today announced a short […]

  • Edda Mistral Off to an Early Start at Hornsea One

    12 September 2018
    Ports & Logistics, Storage

    The Edda Mistral Service Operations Vessel (SOV) has arrived at the Royal Dock in Grimsby ahead of the vessel’s start of operations on Ørsted’s Hornsea Project One offshore wind farm.

  • DONG Reaches FID for World’s Biggest Offshore Wind Farm

    11 September 2017
    Business & Finance

    DONG Energy has taken a Final Investment Decision for its Hornsea Project Two, following the UK government’s allocation of the Contracts for Difference (CfD) and the offshore wind giant winning a CfD for what will become the world’s biggest wind farm.

  • ST3 Offshore put up for sale after going bankrupt

    25 February 2021
    Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Polish manufacturer of steel foundations for offshore wind farms, ST3 Offshore – which declared bankruptcy in March 2020 – has been put up for sale by the Official Receiver of the company in insolvency. A tender has been issued for the sale of ST3 Offshore with a reserve price of the company amounting to PLN […]

  • Appraisal activities with Odfjell Drilling’s rig shed more light on gas discovery

    3 October 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Aker BP has used one of Odfjell Drilling’s semi-submersible rigs to delineate a two-year-old gas discovery in the Norwegian Sea and will contemplate a subsea tie-back to existing infrastructure as a development option.

  • UK: Energi Coast Expands Expertise in Offshore Renewables Supply Chain

    12 July 2012

    Energi Coast, North East England’s Renewables Group, has welcomed five new industry specialists to its steering group. The individuals bring a wealth of experience and expertise from the global energy industry supply chain to the group. They will support Energi Coast’s activities to raise awareness of the region’s innovative and integrated offshore renewables supply chain. […]

  • 2020-built rig going to Ghana for well appraisal ops before embarking on drilling gig in Namibia

    3 October 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Northern Ocean has secured a new short-term job off the coast of Ghana for a semi-submersible rig, which recently finished its long-term assignment with the UK-headquartered Shell and has work lined up for the fourth quarter of 2024 offshore Namibia with an undisclosed operator.

  • DONG Energy’s Wind Earnings Up, EBITDA Down in Q1 2017

    27 April 2017
    Business & Finance, Operations & Maintenance

    DONG Energy reported an operating profit (EBITDA) from continuing operations of DKK 3.3 billion (EUR 443.5 million) in the first quarter of 2017, a 53.5% slide compared with DKK 7.1 billion in Q1 2016, despite a 21% jump in earnings from commissioned wind farms.

  • COSL rig moving to next well on its drilling agenda as UK oil & gas player gears up to bring online previous one

    2 October 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Serica Energy is setting the stage to start production from a recently drilled well in the UK sector of the North Sea. 

  • Lockheed Martin to Provide Surveillance Radar to United Kingdom for World’s Largest Offshore Wind Farm

    15 April 2010
    Technology

    Lockheed Martin will deliver a long-range air surveillance radar system to the United Kingdom that overcomes sensor performance issues commonly caused by the rotating blades of wind turbines. The advanced electronics of Lockheed Martin’s TPS-77 radar mitigate interference, or “clutter,” that commonly obscure radar targets in and around wind farms.  The new radar system will […]

  • JDR Strikes Gold with Hornsea Project One Contract

    1 November 2016
    Business & Finance, Storage

    DONG Energy has awarded JDR with a contract to supply subsea power cables for the 1.2GW Hornsea Project One offshore wind farm, the largest array cable award in the company’s history. The contract will see JDR design and manufacture 242km of array cables, covering two thirds of the total wind farm capacity. JDR will also provide terminations, […]

  • East Anglia One to Drive Investment in East of England

    26 March 2015
    Business & Finance

    Government consent for the world’s largest wind farm, East Anglia Array One, has put the East of England at the top of the industry’s agenda – and given the signal major international energy companies had been waiting for to move forward with plans to invest in the region, said James Gray, inward investment director for […]

  • East Anglia One to Drive Investment in East of England

    26 March 2015
    Business & Finance

    Government consent for the world’s largest wind farm, East Anglia Array One, has put the East of England at the top of the industry’s agenda – and given the signal major international energy companies had been waiting for to move forward with plans to invest in the region, said James Gray, inward investment director for […]