Subsea 7 posts profitable Q2 despite renewables drag
Subsea 7 (OSE:SUBC) said supply chain challenges were stabilising and credited “strong performance” from its subsea and conventional businesses, despite a weaker quarter for renewables.
Subsea 7 (OSE:SUBC) said supply chain challenges were stabilising and credited “strong performance” from its subsea and conventional businesses, despite a weaker quarter for renewables.
Akurro acted as technical advisors to Vattenfall to help define an amendment to the foundation package price. Its technical team was engaged by Vattenfall to provide independent, specialist, commercial and technical expertise on the design cost development, resulting in a financial outcome that was accepted by all parties involved.
Europe ploughed more than £37billion (€43bn) of investment into new wind farm projects in 2020, led by the UK, according to analysis.
Swedish utility Vattenfall AB plans to sell a stake in what will be one of the largest offshore wind farms in the world.
Swedish energy company Vattenfall AB is going ahead with building one of the world’s largest offshore wind farms and the biggest without government subsidies.
Offshore engineering firm Subsea 7 has announced a multi-million pound deal for a giant wind farm project in the Dutch section of the North Sea.
Petrofac has been awarded work on a second platform at a windfarm in the Dutch sector of the North Sea.
Energy services giant Petrofac has been awarded a £150million contract to help build a wind farm in the North Sea.
Swedish firm Vattenfall has been awarded a permit for a zero-subsidy offshore windfarm in the Nertherlands.
Norwegian energy giant, Statoil, has tabled a bid for the offshore wind tender Hollandse Kust Zuid area I&II in the Dutch section of the North Sea.