Business & Finance
Deutsche Bucht Completion to Potentially Extend Into 2020
The completion of the Deutsche Bucht offshore wind farm may extend into the first quarter of 2020 due to delays in the manufacturing of mono bucket foundations, Northland Power stated in its financial results. According to Northland Power, the installation of the two turbines using mono bucket found
Vantage revenues fall as deepwater rig utilization drops
Vantage Drilling recorded a decrease in quarterly revenues as its deepwater rig utilization dropped in the third quarter of 2019.
Wes Amelie to Become 1st Ship Partially Running on Synthetic Natural Gas
The container vessel Wes Amelie will be the first ship partially running on synthetic natural gas.
Brighton Students Tour Elmer Coastal Defense Scheme
Students from the University of Brighton have paid a visit to a coastal defense scheme in the West Sussex village of Elmer, where works recently got underway. The Elmer Coastal Defense Scheme is being carried out by Mackley, working as part of Team Van Oord, on behalf of the Environment Agency, Arun
MMA cheers Neptune takeover as key step in subsea expansion strategy
Australian offshore support vessel company MMA Offshore has completed the acquisition of the business of Neptune Marine Services by acquiring its key operating subsidiaries.
Ørsted’s East Coast Community Fund Achieves Milestone Round
Ørsted has allocated grants from the sixth round of its East Coast Community Fund, marking a milestone with the total funds awarded exceeding the million pound mark. The East Coast Community Fund was launched in December 2016 as part of Ørsted’s community engagement program for its Hornsea Project O
Ørsted and Eversource Reveal USD 100 Million Constitution Wind Commitment
Ørsted and Eversource are planning to make more than USD 100 million in direct financial commitments in Connecticut if their Constitution Wind project is selected in the state’s Request for Proposals (RFP) for offshore wind generation. According to the developers, Constitution Wind’s economic develo
CSBC-DEME JV Wins New OW Construction Job In Taiwan
Taiwan based CSBC-DEME Wind Engineering (CDWE) and the Zhong Neng Wind Power Corporation Preparatory Office have signed two contracts for the Zhong Neng offshore wind farm project. The contracts include the transportation and installation of foundations, as well as a Preferred Bidder Agreement (PBA)
Centerm Expansion Project VIDEO
Port of Vancouver has just released this video update on their Centerm Expansion Project and South Shore Access Project. According to the company, dredging and infilling work continues in the water area around the terminal. Port of Vancouver is building a dyke east of Centerm to create new land betw
Maersk plans low-emission upgrade for jack-up rig ahead of Aker BP extension
Maersk Drilling has secured a contract extension offshore Norway from Aker BP for the ultra-harsh environment jack-up rig Maersk Integrator.
Crowdy Harbor Dredging Starts Soon
Dredging of the Crowdy Harbor Boat Ramp facility is set to begin on 11 November, informs the MidCoast Council, NSW. In the release, the Council said that they will undertake the dredging of sand that has built up and is impacting the depth of all four boat ramps within the harbor. The removed sand w
Subsea 7 Profits Fall; Expects to Bounce Back in 2020
Engineering and construction specialist Subsea 7 has seen its profit slip in the quarter ended September 30, 2019 as activity drop continues in renewables and heavy lift business units. The Oslo-listed firm posted quarterly profit of $42 million, or $15 cents per diluted share, on revenue of $951 mi
C&D Canal Maintenance Dredging Set for Late November
The U.S. Army Corps of Engineers’ Philadelphia District, together with their contractor, will begin maintenance dredging on the approach to the Chesapeake & Delaware Canal in late November 2019. The project area extends from the western approach of the C&D Canal to Fairlee Creek along the Elk River.
GE Officially Inaugurates Cherbourg Blade Factory
GE Renewable Energy has officially inaugurated the LM Wind Power blade factory in Cherbourg, France. The facility will provide the manufacture of the 107m long blades for the Haliade-X 12MW offshore wind turbine, as well as other blade models. According to GE, production started in early 2019 and fi