Hydraulic systems specialist, Webtool, has introduced a new gripping and lifting tool for recovering subsea cable during offshore wind projects.
Fugro today reported a net loss of EUR 309 million and 1,430 jobs lost in 2016, due to low activity in the oil and gas sector. The company’s revenue amounted to EUR 1.8 billion, a 22.7% decline from the EUR 2.4 billion reported for 2015. However, offshore wind has brought several projects to the com
Subsea cable demand will grow at a compound annual growth rate (CAGR) of 7% over the 2017-2021 period, with the offshore wind sector driving the market demand, according to this year’s first issue of Douglas-Westwood’s biannual Subsea Cable Tracker report.
ElecLink, a wholly owned subsidiary of Groupe Eurotunnel, has awarded contracts for the UK-France interconnector for which the foundation was laid yesterday. The developer contracted Siemens, Prysmian and Balfour Beatty to build the 1GW HVDC link.
Tokyo-based Mitsui O.S.K. Lines (MOL) today informed it plans to acquire a 5% share in Seajacks from Marubeni Corporation.
Tokyo-based Mitsui O.S.K. Lines (MOL) today informed it plans to acquire a 5% share in Seajacks from Marubeni Corporation.
On 22 February, offshore wind turbines in Europe generated 218GWh and thus broke the offshore wind generation record.
Iberdrola is increasing its net investments by EUR 1 billion, from EUR 24 billion planned at the beginning of 2016 to EUR 25 billion, with 42% of the amount earmarked for renewable energy projects, with most of them located in the United States.
Ocean Breeze Energy will replace MV Siem Marlin, the vessel currently in service at the BARD Offshore 1 wind farm, with MV Siddis Mariner in the first quarter of 2017, according to Siem Offshore Contractors (SOC), the owner of the two vessels.
Ocean Breeze Energy will replace MV Siem Marlin, the vessel currently in service at the BARD Offshore 1 wind farm, with MV Siddis Mariner in the first quarter of 2017, according to Siem Offshore Contractors (SOC), the owner of the two vessels.
LM Wind Power will open a new wind turbine blade factory dedicated to the offshore market in Cherbourg, France, with ground breaking set to take place in March 2017 and production expected to commence from June 2018, the company revealed today.
Siem Offshore Contractors (SOC) is preparing for work on three upcoming offshore wind projects, for which the company signed contracts last year, while also nearing completion for several projects currently underway.
The Netherlands-based oil and gas giant, Shell, is looking to get on board further projects across Europe as it aims to dive deeper into the offshore wind market.
US electrical grid has the potential to handle large amounts of installed offshore wind capacity which would also lead to less pollution and reduced electricity costs, according to a study carried out by researchers from the University of Delaware and Princeton University.
