Offshore Wind
RenewableUK Comments on Celtic Array Withdrawal
Commenting on the announcement by Centrica and DONG Energy that they have jointly decided to cease developing wind farms in the Irish Sea Zone via their joint venture, Celtic Array Ltd, RenewableUK’s Director of Offshore Renewables, Nick Medic, said: “Although it’s disappointing that this particular
Centrica H1 Profit Drop 31 Pct
Centrica reported a profit drop of 31% to GBP 530 million for the first half of 2014 mostly due to loss of GBP 70 million in its gas-fired division. Mild weather in the UK and the Polar Vortex in North America also contributed to this result. Revenues rose 15% to GBP 15.7 billion while operating [&h
Crown Estate Approves Offshore Wind Project Casing
The Crown Estate can today announce that it has agreed to Celtic Array Ltd’s request to end its offshore wind zone agreement for the Round 3 Irish Sea Zone, allowing developers, DONG Energy and Centrica, to cease development activity and terminate their seabed rights. Head of Offshore Wind, Huub den
Centrica, Dong Drop Celtic Array
Centrica plc and DONG Energy have today jointly decided to cease development of wind farms in the Irish Sea Zone through their 50/50 joint venture vehicle Celtic Array Limited (“Celtic Array”). The decision to stop development comes as a result of an assessment of the Zone, which has confirmed chall
Siemens Energy Sector Profit Down to EUR 405 Mln
In the third quarter of fiscal 2014, Siemens posted strong results in most areas, which were affected by challenges in the Energy Sector. Net income rose to €1.4 billion, from €1.1 billion in the prior-year-period. Corresponding earnings per share increased to €1.62 year-over-year from €1.27. Total
Siemens Energy Sector Profit Down to EUR 405 Mln
In the third quarter of fiscal 2014, Siemens posted strong results in most areas, which were affected by challenges in the Energy Sector. Net income rose to €1.4 billion, from €1.1 billion in the prior-year-period. Corresponding earnings per share increased to €1.62 year-over-year from €1.27. Total
Mammoet Plans to Sell Part of Maritime Fleet to Hebo Maritiemservice
Mammoet Europe B.V., based in Schiedam, The Netherlands, has expressed its intention to sell the largest part of its maritime fleet to the Dutch company Hebo Maritiemservice B.V. This decision was made after review of Mammoet’s company portfolio. As Mammoet increases its focus on offshore activities
Clifford Chance Advises Banks Involved in Westermeerwind
A group of banks led by ING and Rabobank in the role of structuring banks acted as financiers of the Westermeerwind wind farm in the Noordoostpolder that reached financial close. In addition to ING and Rabobank, ASN Bank and Triodos Bank were also is involved and Danish export credit agency EKF guar
Voith to Present Propulsion Systems and Vessel Concepts at SMM 2014
At this year’s SMM in Hamburg, Voith will be showcasing propulsion systems and vessel concepts focusing on high efficiency and dynamic positioning even under challenging conditions. In hall A4, booth 203, a Voith Schneider Propeller as well as the Voith Inline Thruster 850, which can also be used as
Subsea Cables UK to Hold Its 43rd Plenary
Subsea Cables UK, the trade association for submarine power and telecommunications cables for the United Kingdom and Northern Europe, will hold its 43rd Plenary on 10-11 September 2014. The event will be held at the Essex Golf & Country Club, Colchester, UK, hosted by Zytech Ltd. Upwards of 60 deleg
Subsea Cables UK to Hold Its 43rd Plenary
Subsea Cables UK, the trade association for submarine power and telecommunications cables for the United Kingdom and Northern Europe, will hold its 43rd Plenary on 10-11 September 2014. The event will be held at the Essex Golf & Country Club, Colchester, UK, hosted by Zytech Ltd. Upwards of 60 deleg
Offshore Waddenzee Hits the Water
Offshore Wind Services’ (OWS) vessel Offshore Waddenzee was launched today at Damen shipyard in Den Helder. This is the second vessel ordered by the company from Damen this year. Offshore Waddenzee was scheduled for delivery in August, but according to Workships’ twitter account, the vessel has alre
Modus Names New Head of AUV
Modus Seabed Intervention Ltd has announced the recent appointment of an AUV Development Manager. Angus Cooper has joined Modus to spearhead their development and growth plans in the deployment of Autonomous Underwater Vehicle services. This move reinforces the companies commitment to adopting and d
TÜV SÜD Certifies 600MW Gemini
Within the scope of certification for the Gemini 600 MW offshore wind farm, TÜV SÜD has successfully completed the design assessment for the wind farm and the certification of two sub-stations. Gemini is located in the Dutch exclusive economic zone (EEZ) in the North Sea, around 85 kilometres off th