Offshore Wind
Shell Announces Stronger Focus on New Energies
Shell plans to establish a New Energies business as part of future opportunities that company wants to take advantage of, according to an update on Shell’s strategy provided by the company’s CEO, Ben van Beurden. Van Beurden defined three categories of Shell’s portfolio priorities: cash engines, gro
Van Oord, Highland Group Team Up for Deutsche Bucht OWF
Van Oord and Highland Group Holdings Ltd. have signed a cooperation agreement for the development, financing and construction of the offshore wind farm Deutsche Bucht in Germany. The two companies intend to participate in the equity for the offshore wind farm. Financial close is scheduled for the fi
Van Oord, Highland Group Team Up for Deutsche Bucht OWF
Van Oord and Highland Group Holdings Ltd. have signed a cooperation agreement for the development, financing and construction of the offshore wind farm Deutsche Bucht in Germany. The two companies intend to participate in the equity for the offshore wind farm. Financial close is scheduled for the fi
Blyth OWF’s Tech Significant Step in Evolution of OW Industry
RenewableUK has welcomed the announcement that EDF Energy Renewables (EDF ER) is to start work on the Blyth offshore wind farm. The implementation of innovative new technology, such as 66 kilovolt cabling and concrete gravity base foundations for the first time in British waters, are significant ste
DONG Shares for Retail Investors Fly off the Shelf
DONG Energy will close initial public offering (IPO) to retail investors with orders up to and including DKK 3 million on 7 June at 4 PM CET, one day earlier than initially planned ”due to the aggregate demand from retail investors exceeding the expected allocation of offer shares to this investor g
DONG Shares for Retail Investors Fly off the Shelf
DONG Energy will close initial public offering (IPO) to retail investors with orders up to and including DKK 3 million on 7 June at 4 PM CET, one day earlier than initially planned ”due to the aggregate demand from retail investors exceeding the expected allocation of offer shares to this investor g
Effectiveness of HiDef’s Offshore Wildlife Survey Technology Confirmed
HiDef today informed that its bespoke ultra-high resolution digital video aerial technology had been confirmed as the standard bearer for offshore wildlife surveys by academics from the University of Kiel. The study, published in May, has highlighted the effectiveness of HiDef’s technology, with a d
TenneT Issues Second EUR 1 Billion Green Bond to Fund Offshore Wind Projects
TenneT Holding B.V. has launched and priced its second EUR 1 billion Green Bond issue to finance the transmission system operator’s offshore wind-related projects. The EUR 1bn dual tranche (10 and 20 year) bond issue, each sized at EUR 500 million with coupons of 1.000% and 1.875% respectively, has
BAM In Charge of Blyth OWF’s Gravity Base Foundations
Royal BAM Group has been awarded a contract for the Blyth Offshore Wind project by EDF Energy Renewables to design, fabricate and install five full-size gravity base foundations, first of their kind to be built in the world, according to the company. The foundation design will utilise ‘self-installi
CWind CEO Steps Down
CWind’s Chief Executive Officer (CEO) Chris Randle has decided to leave the company in pursuit of ”new opportunities and challenges.” Ian Douglas, Chairman of the Board of CWind said: “Chris has played an influential role in the development of the business since he joined in April 2014, leading sign
Norwegians Urge for Offshore Wind Demo Sites After Survey Reveals Multi-Billion Potential
Norwegian offshore wind industry representatives have urged the government to create a working strategy for the establishment of full-scale demonstration sites after a survey showed that Norwegian companies valued their export potential in the North Sea offshore wind market between 2025 and 2040 at
HvS Dredging Support’s New Vessel Hired for Burbo Bank 2
HvS Dredging Support’s new multi-purpose DP 2 vessel ZWERVER II was mobilised for its first project last month. The vessel will work on the mattress installation and trenching on Burbo Bank Extension offshore wind farm. The vessel was built by Gebroeders Kooiman shipyard in Zwijndrecht, according to
MORL to Open Consultation on Moray Firth Western Development Area
Moray Offshore Renewables Ltd (MORL) has announced intention to open consultation on the development of offshore wind on the remainder of its zone in the Outer Moray Firth off Scotland this month. In 2010, The Crown Estate awarded MORL development rights for offshore wind development in Zone 1 (Mora
DONG Energy Raises IPO Minimum Price Target
The minimum price target for DONG Energy’s shares which are expected to start trading on Nasdaq Copenhagen on 9 June has been raised, Reuters reported a source familiar with the matter as saying. The company’s owners have set a price range of between DKK 220 to DKK 255 per share, as opposed to initi