The UK government has revealed its ambition to create 2 million green jobs by 2030 and has launched a Green Jobs Taskforce to help reach that goal as part of the government’s plan to build back greener and achieve net zero emissions by 2050. According to the official press release, the government ha
Subsea 7 slipped into the red in the third quarter 2020 on decline in activity in the sector and costs generated by the Covid-19 pandemic. The engineering and construction specialist recognised quarterly net loss of $43 million, against profit of $42 million in Q3 2019. This brings losses since the
New statistics unveiled by the UK government show the vast majority of people support the rapid growth of renewable energy projects throughout the UK.
Dolfines and 8.2 France are joining forces to offer integrated services to the wind energy market, especially the offshore one, by combining their technical expertise in wind turbines, electrical infrastructures and foundations. The offshore wind market’s growth represents a unique opportunity for a
Achieving a more sustainable system will require a diverse energy mix – if we make the right choices. The energy transition has been talked about for many years, but now the pandemic has given the world an opportunity to make it happen more quickly. During the recently completed 13th Offshore Energy
RWE has reported significantly higher adjusted EBITDA at its offshore wind business segment for the first three quarters of 2020, which stood at EUR 738 million, up from EUR 660 million the same period last year. The company attributed the 12 per cent increase primarily to better wind conditions in
Liebherr-MCCtec Rostock has put together the lower slewing unit of the HLC 150000-300 heavy lift crane which will be installed on OHT’s Alfa Lift installation vessel. According to the crane supplier, “the wedding” of the the lower slewing column and the machinery frame, which together make the lower
The recovery and repair of the crane that collapsed on board the installation vessel Orion during lifting trials in May are progressing at Liebherr facilities in Rostock, where the crane’s auxiliary jib and the jib head have now been transferred. The company started working on getting the crane back
Eni has set up a joint venture company named Vårgrønn together with Norwegian energy investor HitecVision, with offshore wind being the first item on the to-do list of the newly established business in which the Italian oil & gas major holds a 69.6 per cent stake. Namely, Vårgrønn’s first step will
Works on bringing the Neart na Gaoithe offshore wind turbines to spin off the Scottish coast are moving forward with export cable route boulder clearance now completed. The same operations that were being carried out at the inter-array routes are paused for the winter, while activities on getting th
Aker Solutions and Kvaerner have completed a merger whereby Aker Solutions has absorbed all the assets, rights and obligations of Kvaerner and Kvaerner has been dissolved. The two entities have joined forces to create a new supplier of solutions to reduce climate gas emissions from oil and gas insta
The Dublin-based vessel operator Farra Marine has ordered what will be the first catamaran wind farm service vessel operating under the Irish flag. The Singapore-based Penguin Shipyard started building the 27-metre Farra Orla in early September. The expected delivery is in the second quarter of 2021
EOLOS has deployed its FLS200 floating LiDAR buoy in the waters where Wales’ first floating offshore wind farm, the 96 MW Erebus, will be built. The Spanish floating LiDAR supplier secured a contract for the Erebus project this summer with Blue Gem Wind, a joint venture between Ireland-based blue ec
NKT, the power cables business, has delivered improved revenue and earnings in Q3 2020 in all of its business lines. The cable division generated revenue of some €300 million, against €232 million same time last year. Year-to-date revenues stood at €1.05 billion, versus €926 million for the first ni
