10000 results found for 'Denmark'

10000 results found for 'Denmark'
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  • 2011: Tough Year for Vestas with Two Profit Warnings (Denmark)

    8 February 2012
    Business & Finance

    2011 was a very challenging year for the wind industry. The same applies to Vestas which had to issue two profit warnings and abandon its Triple15 targets. In 2011, Vestas recorded revenue of EUR 5.8bn and an EBIT margin before special items of (0.7) per cent, slightly below the preliminary financial figures for 2011 announced […]

  • Siemens Installs Prototype of 4 MW Offshore Wind Turbine (Denmark)

    19 December 2012
    Research & Development, Technology

    Siemens Energy has installed the prototype of a new four-megawatt (MW) wind turbine in Østerild, Denmark. The new wind turbine type is a designated SWT-4.0 and is based on the proven technology of the SWT-3.6, the world’s most popular offshore wind turbine. The prototype 4.0 MW turbine is initially equipped with the standard 120 meter […]

  • Critical Group Boosts Efficiency of Poseidon, Floating Power Plant (Denmark)

    22 September 2011
    Technology

      Critical Software Technologies (UK), Critical Software (PT) and Critical Materials (PT) are working with Floating Power Plant to help the company adopt a proactive approach to monitoring the condition and structural health of its Poseidon off-shore plant. Critical’s work on the Poseidon prototype, situated off the coast of Lolland in Denmark, will open up […]

  • Denmark: Development of V164-8.0 MW Turbine Progressing According to Schedule

    3 October 2012

    The development of the game changing V164-8.0 MW turbine is progressing according to schedule and several main components are close to completion. The development of the V164 turbine is on track and several main components are close to completion at Vestas facilities both in Aarhus, Denmark and in the Isle of Wight, UK.  “We are […]

  • Aker Solutions Provides Well Intervention Services to Dong Energy (Denmark)

    2 October 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Aker Solutions has signed a contract with Dong Energy to provide well intervention services for the oil company’s assets offshore Norway and Denmark. Under the contract Aker Solutions will deliver electrical wireline logging services and wireline tractor services at the oil and gas fields where Dong Energy operates on the Danish and Norwegian continental shelves. […]

  • Denmark: Vattenfall Awards CTV Contract to World Marine Offshore

    9 July 2012
    Business & Finance, Operations & Maintenance

    World Marine Offshore announces that it has been awarded one boat contract by Vattenfall, one of the Major Energy suppliers in Northen Europe, to provide Crew Transfer Vessels (CTV) to DanTysk Windpark.  The Contract has been awarded for 19 Months with possibility for extension. Vattenfall has chosen to take the first of four 24m WS […]

  • Denmark: DONG Hires Maersk Resolute Jack-Up Rig

    14 November 2011
    Business & Finance

    Maersk Drilling​ has signed a contract with DONG Energy for the jack-up rig MAERSK RESOLUTE for work on the South Arne field in the Danish North Sea. The expected duration of the seven-well contract is approx 680 days and the contract also includes options for 4 additional wells of estimated 400 days’ duration. The contract […]

  • Denmark: Maersk Drilling Positively Affected by Delivery of New Rigs

    11 November 2010
    Business & Finance

    Revenue for the period increased by 17% to USD 41.4 billion, primarily as a result of higher freight rates for the Group’s container shipping activities and higher oil prices. The net result for the period was a profit of USD 4.2 billion (a loss of USD 0.7 billion). “The result is exceptional, and we are […]

  • Denmark grants its first permits for full-scale CO2 storage

    6 February 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Outlook & Strategy, Project & Tenders, Regulation & Policy

    The Danish Ministry of Climate, Energy and Supply has granted the country’s first-ever permits for full-scale CO2 storage in the North Sea. In the first round of tenders for storing CO2 in the Danish North Sea, three permits have been awarded, two to TotalEnergies EP Danmark, and one to a consortium of INEOS E&P and […]

  • Vestas 3Q EBIT Down to EUR 84 Million (Denmark)

    9 November 2011

    Vestas generated revenue of EUR 3,798m in the first nine months of 2011, which was in line with the year-earlier period. EBIT declined by EUR 136m to EUR (84)m. The EBIT margin was (2.2) per cent. The free cash flow improved significantly to EUR (218)m from EUR (878)m in the first nine months of 2010. […]

  • DONG Energy Announces Retirement of Executive Vice President (Denmark)

    22 August 2011
    Operations & Maintenance

      Niels Bergh-Hansen, 62, member of DONG Energy’s Group Management and Executive Vice President of the business units Generation and Renewables, has decided to retire as of 1 October 2011. “You need to quit while you’re ahead and now it’s time for me to stop. I’ve been very pleased with my job and I’m grateful […]

  • Offshore Wind Could Help Europe, Says Rasmussen (Denmark)

    22 February 2012
    Authorities & Government

    According to former Danish prime minister Poul Nyrup Rasmussen, the offshore wind energy sector could help Europe get back on its feet after the current financial crisis. “If the sector understands their role I’m sure they could take the lead in bringing Europe out of the crisis, as the first mover”, he added in a […]

  • Vestas presents new 3.0 MW wind turbine (Denmark)

    17 September 2010
    Technology

    Vestas Wind Systems A/S, a Danish company, introduces the V112-3.0 MW with a series of videos from top officials, including Vestas Americas’… (ohsonline) [mappress] Source: ohsonline, September 17, 2010

  • Denmark: Vestas Appoints Anders Runevad as Group President & CEO

    23 August 2013
    Business & Finance

    Vestas Wind Systems A/S appoints Anders Runevad as new Group President & Chief Executive Officer (CEO). He succeeds Ditlev Engel who will leave the company. Ditlev Engel has been with the company since 2005 and has during the past 1½ years focused his efforts on leading Vestas’ extensive restructuring programme. “Following the recent measures taken, […]

  • Denmark: Blue Water Shipping to Provide Logistics for SBM FPSOs

    16 April 2012
    Business & Finance

    Blue Water Shipping has just been awarded the extremely challenging task of providing logistics for materials and equipment to China and Brazil, where the conversion of the FPSO ” Cidade de Ilhabela” will take place over the next two years. The FPSO is being converted from a tank vessel which is 400 metres long and […]

  • Danish Power-to-X flagship project receives IPCEI funding

    16 December 2022
    Business & Finance, Business Developments & Projects

    Ørsted-led Power-to-X project Green Fuels for Denmark has been awarded DKK 600 million (around $86 million) by the Danish Business Authority as part of Denmark’s participation in the Important Project of Common European Interest (IPCEI) programme. The project, which is being developed by Ørsted in partnership with leading off-takers in heavy road transport (DSV), shipping (Maersk […]

  • Danish Companies Team Up for U.S. Offshore Wind

    24 April 2017
    Business & Finance

    Bladt Industries, ISC Consulting Engineers, Semco Maritime and LICengineering are joining forces with The Trade Council of Denmark’s Wind Energy Advisory to provide an integrated platform for partnerships with American companies and offshore wind developers.

  • Denmark: Mekanord to Supply Gearboxes for Rolls Royce New Vessels

    26 March 2012

    Gearboxes from Mekanord form an integral part of propulsion solutions from Rolls Royce for several new vessels. Mekanord is e.g. supplying Rolls Royce with gearboxes for two newly developed, gas powered cargo vessels. The two cargo vessels are based on the award-winning “Environship Concept” from Rolls Royce and are equipped with the newest, environmentally friendly […]

  • Denmark: Maersk Expects More Vessels to Cut Speed for Fuel

    5 October 2011
    Business & Finance

      A.P. Moller-Maersk A/S, the world’s largest owner of ships that carry manufactured goods, expects more vessels to cut speeds after it…   By Isaac Arnsdorf (Bloomberg) [mappress] Source: Bloomberg, October 5, 2011  

  • Norway, Denmark and Britain Say No to Atlantic Oil Drilling Ban Proposal

    24 September 2010

    Countries bordering the north-east Atlantic rejected a ban proposal on deep-sea offshore drilling destined to avoid an environmental disaster comparable to the Gulf of Mexico oil spill, Norway said Friday. The ban was proposed by Germany at a meeting in the western Norwegian city of Bergen of the OSPAR commission, a body through which the […]

  • History written offshore Denmark: First CO2 storage in the North Sea

    9 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Storage, Transition, Vision

    INEOS and Wintershall Dea marked a major milestone and a world first on 8 March with the first-ever injection of CO2 in the North Sea as part of Project Greensand. Project Greensand includes capturing CO2 at an INEOS Oxide site in Zwijndrecht, Belgium, which is transported cross-border and stored in the Nini field in the […]

  • Denmark Eyes 50 pct Electricity from Wind Power by 2020

    30 March 2012
    Authorities & Government

    In 2020 half of the electricity consumption will come from wind power (today it’s 25 %), and the energy consumption will decrease by more than 12 % in 2020 compared to 2006. The parties behind the agreement represent 171 seats out of 179 in the parliament. The agreement establishes a framework for the policy on […]

  • IMDC Concludes Physical Model Tests at University of Aalborg, Denmark

    12 February 2013
    Business & Finance, Equipment, Research & Development

    In the framework of the Marinet program, IMDC, in a partnership with HR Wallingford, University of Ghent and the Faculty of Engineering of the University of Porto, finalised end of December 2012 the physical model tests at the University of Aalborg (DK). The test program was set-up to investigate an innovative scour protection system focussing […]

  • KR Wind Sees Great Opportunities 2011 Conventions (Denmark)

    26 October 2011

      KR Wind has recently participated at China Wind Power 2011 as well as the CanWEA convention in Vancouver. China is an important up-and-coming market. The growth in Asia is mainly driven by India and China where there has been continuing impressive growth in the wind sector, not only in terms of manufacturers and sub […]

  • Denmark: Vestas Dismisses Allegations Regarding Debt Restructuring Talks

    2 July 2012
    Business & Finance

    According to Reuters, the Danish wind turbine manufacturer Vestas dismissed the allegations that the company was considering putting itself up for sale and had entered debt restructuring talks with its lenders. The allegations were that the company’s banks had given it an “ultimatum”, demanding the company to prepare a comprehensive financial restructuring plan, also that […]