Norwegian company Offshore Heavy Transport, specializing in ocean transportation of heavy structures with its fleet of open deck semi-submersible heavy transportation vessels, is diversifying.The company is now building a fleet of vessels for…
Vestas aims to dominate the offshore wind market with the launch of its giant 15 megawatt (MW) turbine and will focus on integrating its recently acquired offshore wind business, it said after posting mixed fourth-quarter results on Wednesday…
MHI Vestas Japan, a joint venture between Japan's Mitsubishi Heavy Industries, and Danish wind turbine maker Vestas Wind Systems started operations on Monday.The newly established joint venture is aimed at strengthening the two partners' collaboration in the field of renewable energies…
Shell, Mitsubishi Heavy Industries (MHI), Vattenfall, and municipal company Wärme Hamburg are planning to jointly produce hydrogen from wind and solar power at the Hamburg-Moorburg power plant site and utilize it in its vicinity. In addition…
Wind turbine maker Vestas said on Thursday it will lay off 220 employees, primarily in Denmark and Britain, as part of the integration of its onshore and offshore operations.This follows the Danish company's October announcement that it would…
Mitsubishi Heavy Industries (MHI) is not in discussions to gauge Siemens Energy's interest to sell all or parts of wind turbine maker Siemens Gamesa, the group said on Tuesday.Spanish newspaper Expansion a day earlier had cited financial sources…
Australia's no. 2 independent gas producer Santos Ltd said on Monday it signed a 10-year agreement to supply liquefied natural gas (LNG) from its Barossa project to a unit of Japan's Mitsubishi Corp.Santos will supply Diamond Gas International 1…
The European Commission has granted its approval for wind turbine maker Vestas to acquire Mitsubishi Heavy Industries' shares in their offshore wind joint venture MHI Vestas Offshore Wind.The agreement, which will also see MHI acquire 2.5 percent…
Wind turbine maker Vestas will acquire Mitshubishi Heavy Industries' shares in their joint venture MHI Vestas Offshore Wind joint venture, against MHI acquiring 2.5 percent in Vestas and being nominated to a seat in Vestas’ Board of Directors…
South Korean shipbuilding giant Hyundai Heavy Industries' Floating LNG to Power solution - Hi-FL2P - has been granted an approval in principle certificate by the global classification society Bureau Veritas.‘Hi-FL2P’ has been described as an…
Mitsubishi Heavy Industries (MHI) and Copenhagen Infrastructure Partners (CIP) have entered into a 50-50 joint venture regarding the development of offshore wind projects in Hokkaido, Japan.'The partners have high ambitions to be significant…
Offshore wind turbine maker MHI Vestas Offshore Wind will source high voltage switchgear from within Taiwan, in support of offshore wind projects the company will be supplying wind turbines for.MHI Vestas Offshore Wind said Tuesday it had finalized…
Shares in South Korean shipbuilders rallied more than 20% on Tuesday following $19 billion worth of deals to build vessels for Qatar Petroleum (QP).QP said on Monday it has signed agreements with South Korea's 'Big 3' shipyards to secure more…
Offshore wind turbine maker MHI Vestas Offshore Wind has signed a conditional agreement for the delivery of turbines comprising 1,140 MW for an offshore project in the UK, Vestas Wind Systems said Monday.MHI Vestas Offshore Wind, a joint venture…
Singapore-based FPSO module specialist Dyna-Mac and China's offshore equipment and vessel builder China Merchants Heavy Industry Holdings (CMHIH) have entered into a joint venture deal.Under the agreement, the two companies will create the DM-CMHI Heavy Industry company in China…
