Operations & Maintenance
Seamec Secures Swiber Charter
India’s provider of diver support vessel-based diving services, Seamec, has entered into a contract with Singapore-listed EPIC contractor Swiber for the charter hire of vessel Seamec II. According to Seamec’s BSE notice, the vessel will be undertaking PRP4 & CO26 project in Mumbai High. Built in 198
Top Economies to Double Use of Renewables by 2030
Renewable energy supply is set to double collectively in eight major economies by 2030, 18 percent higher than previously projected growth rates, spurred on by new national climate and energy plans, according to new analysis by World Resources Institute (WRI). WRI’s analysis, Assessing the Post-2020
Energinet.dk Calls for Bids for Kriegers Flak CGS Cable Job
The Danish grid operator, Energinet.dk, has invited contractors to apply for design, production, delivery, execution and completion of 2 x 25 km 3 core 150 kV subsea cable, intended for Kriegers Flak Combined Grid Solution (KF CGS). The work scope also includes transport and laying of the 150 kV sub
Idénergie to install 10 in-river turbines in Canada
Québec-based hydrokinetic technology developer Idénergie has signed a contract with Parks Canada for the installation of 10 in-river turbines in Canadian provinces of Alberta, and British Columbia. According to Écotech Québec, Idénergie is expected to install 10 in-river turbines in the Canadian Roc
Dolphin Takes On India Gig
Norwegian seismic player, Dolphin, has received a Letter of Award (LOA) to execute 3D seismic projects offshore India. The contracts, for a repeat client, were previously announced by Dolphin in Oslo Stock Exchange filing on October 15, 2015, where the company was selected as the preferred contracto
NPD OKs Start-up of Two North Sea Pipelines
The Norwegian Petroleum Directorate has granted start-up consents for the Edvard Grieg oil pipeline and the Utsira High gas pipeline. These transport solutions will become part of the development of the Edvard Grieg and Ivar Aasen fields on the Utsira High in the North Sea. Start-up of the Edvard Gr
WERPO Seeking Cash to Clear Backlog
Wave Electricity Renewable Power Ocean (WERPO) has entered into a new agreement with Sunbelt Israel, part of the Sunbelt Business Network capital group, to secure funding for the outstanding projects. WERPO, a wholly-owned subsidiary of the Israeli sea wave energy technology developer Blackbird Inte
DONG Picks Van Oord to Install Foundations at Walney Extension
Rotterdam-based dredging and marine contractor Van Oord has reached an agreement with Denmark’s DONG Energy to transport and install the 87 foundations at Walney Extension offshore wind farm in the United Kingdom. Van Oord will transport the foundations, monopiles and transition pieces, from the var
Van Oord to Install Walney Extension Foundations
Van Oord has reached an agreement with DONG Energy for the transport and installation of the 87 foundations at Walney Extension offshore wind farm in the United Kingdom. After completion in 2018 the wind farm will deliver sustainable energy to 460,000 households. The Walney Extension offshore wind f
Buoyant Vestas Plans EUR 50 Million Blade Factory in India
Denmark’s Vestas is planning to build a new blade manufacturing facility in India and is expecting up to EUR 1 billion more in revenue in 2015 after posting encouraging operating results for the quarter ended September 30. The construction of the new factory will start in 2016, and the project is ex
Buoyant Vestas Plans EUR 50 Million Blade Factory in India
Denmark’s Vestas is planning to build a new blade manufacturing facility in India and is expecting up to EUR 1 billion more in revenue in 2015 after posting encouraging operating results for the quarter ended September 30. The construction of the new factory will start in 2016, and the project is ex
EMGS Looks for Cash Boost as Red Ink Flows
Norway’s Electromagnetic Geoservices (EMGS) has seen its profit slide into the red in the third quarter of 2015 on weak market and impairments compared to a year-ago period. Despite tightening up the wallet, the Oslo-listed company posted net loss of USD 25.4 million, compared to net income of USD 7
AWP backs out of Wave Energy Prize
The Atlantic Wavepower Partnership (AWP) has withdrawn from the Wave Energy Prize competition. AWP, a partnership formed between Renewable Ocean Energy and AWS Ocean Energy, has been selected by the Wave Energy Prize administration as one of the 20 qualified teams out of 92 official registered teams
Seabird Narrows Losses
Oslo-listed SeaBird, a seismic data provider for oil and gas companies, has narrowed its net loss in the third quarter, following the company’s financial restructuring and further implementation of cost cutting measures. SeaBird posted net loss of $1.7 million for the third quarter of 2015, compared