Over the past two decades, Rotamec has grown from a single engineer to an organisation of 65 employees providing responsive electromechanical repair services across the UK. Celebrating its 20th birthday this May, the story of Rotamec has been defined by a 24/7 service from its very beginning. It’s an ethos that will drive the business… Read more »
Archer today announces its formal contract award for the provision of Derrick Equipment Set (DES) & Derrick removal services on Cormorant Alpha by TAQA. The scope of services includes the engineering design and preparation activities, derrick dismantlement in modular sections by specialist rope access teams followed by the de-construction and removal of the DES drillfloor… Read more »
Top companies are innovating technology & financing options for comprehensive energy management, infrastructure upgrades, decarbonization, and other customer needs May 21, 2020 – Boulder, Colo. – A new Leaderboard Report from Guidehouse Insightsevaluates the Strategy and Execution of 10 energy service companies (ESCOs), withSchneider Electric, Siemens, and Ameresco ranked as the leading market players. ESCOs… Read more »
19 May 2020 – Global AIoT technology leader, Envision Digital International Pte Ltd (“Envision Digital”), today announces the launch of its German entity as part of its global expansion strategy. Part of the Envision Group, Envision Digital owns EnOS™ – the world-class AIoT operating system which currently connects and manages over 63 million smart devices… Read more »
On Friday 15 May 2020, the shipping company Utkilen received delivery of their new vessel, Saltstraum, now ship number 4,000 worldwide in operation with Framo pumps on board. “It feels like an extra special celebration of ship number 4,000 with our pumps when we have such a good, long lasting relationship with the customer,” says… Read more »
Vehicle connectivity could potentially save between £4-6bn a year, with £400m alone saved by reducing congestion through lightning-fast data transfer between vehicles Connected vehicles could prove to be up to 20% more energy efficient than standard equivalents UK’s self-driving hub, Zenzic, says that enhancing connectivity between vehicles, drivers and cities can help reach the Government’s… Read more »
ArcVera Renewables, a leading provider of consulting and technical services for renewable energy projects with more than 40 years of global experience, is now providing expert technical, financial, and independent engineering services for stand-alone energy storage or hybrid projects. With over 100-gigawatts of operating renewable energy projects supported across 6 of 7 continents, ArcVera is… Read more »
– Attackers use COVID-19 pandemic to launch new attacks on organisations – London, UK; 19 May 2020 – Cyber criminals are evolving their tradecraft with new innovations and increasingly automating their attacks, according to the 2020 Global Threat Intelligence Report (GTIR)launched today by NTT Ltd., a world-leading global technology services provider. In the UK… Read more »
A study by leading energy economists Professor Alex Kemp and Linda Stephen from the University of Aberdeen has highlighted the possible levels of oil and gas production, field investment, and decommissioning activity in the UK Continental Shelf (UKCS) following the collapse in oil and gas prices. A summary for media is attached, along with the… Read more »
• Group revenue grows in Q1 2020 by 170.3% to € 198.5m (+68.2% excluding acquisition of VARTA Consumer) • Adjusted EBITDA increases by 197.0% in the first three months of 2020 to € 51.7m (+135.0% excluding acquisition of VARTA Consumer) • Adjusted EBITDA margin improves by 2.3 PP to 26.0%. • Acquisition of VARTA Consumer… Read more »
Understanding the differences between electrocution and Arc Flash injuries is the first step in understanding why you need different protection from the two types of incident. Here Mark Lant, technical expert at ProGARM, explains what happens when you’re electrocuted and how that differs from an Arc Flash. What happens when you’re electrocuted? Electrocution can cause… Read more »
Seaspan Ship Management has selected Alfa Laval to help resolve steam balance and redundancy issues connected to sulphur-compliant fuels. The comprehensive solution – an integrated steam boiler plant comprising oil-fired steam production, waste heat recovery, advanced control and connectivity – will soon be implemented on eight Seaspan owned large container ships. Prior to the IMO… Read more »
Mammoet has strengthened its presence in Ukraine with the opening of a new office and yard in the country. Situated in the country’s capital of Kiev, the new office will help Mammoet to improve its local offering in the country. Mammoet has been providing services in Ukraine since 2011. Since first starting work in the… Read more »
As Great Britain (GB) is starting to move through the peak of the COVID-19 pandemic, there have been some indications that the energy market could be passing its trough. Tim Dixon, Wholesale Team Lead at Cornwall Insight, looks into how GB gas & power prices may shape up over the summer months, considering whether the… Read more »
he investment company Incus Investor changes its name to Scana ASA and embarks on a new course as parent company for a group of strong equipment and service suppliers to the maritime industry. The head office will move from Stavanger to Bergen. Through its subsidiaries, Incus Investor has managed a broad Nordic industrial history that… Read more »
Trustful cooperation between GANIL and Pfeiffer Vacuum Innovative vacuum technology in heavy-ion research HiPace turbopumps for the new experimental area at the SPIRAL2 particle accelerator at DESIR Asslar, May 11, 2020. Pfeiffer Vacuum has received several major orders from the French large-scale research facility GANIL (Grand Accélérateur National d’Ions Lourds) (National Large Heavy Ion Accelerator)… Read more »
Revolutionary design enables safer and faster boom lifts in tight spaces Fabrication of the erection frame for Mammoet’s Focus 30 is complete – bringing the crane one step closer to reality. This frame allows the boom to be constructed vertically in sections, making it easier and safer to deploy on packed petrochemical and construction sites…. Read more »
KEY FIGURES Turnover exceeding 2 billion euro EBITDA amounting to 342 million euro or 17% of turnover: in the leading group of our sector Net profit of 61 million euro An exceptionally high solvency ratio of 68% thanks to a sustained policy of complete profit reinvestment No net debt for the sixth year in a… Read more »
NKT has been awarded a large turnkey contract of approx. EUR 500m (approx. DKK 3.7bn) by the German transmission system operator 50Hertz. The contract comprises supply and installation of 525 kV XLPE high-voltage DC (direct current) onshore cable solution for a significant portion of the SuedOstLink transmission line in route lengths of approx. 275 km…. Read more »
Sulzer launches new Global Bio-based and Renewables application development team. Sulzer Chemtech has announced the creation of a new global Bio-based and Renewables application development team. This will lead innovation for the conversion of renewable feedstocks into oleo-chemicals, biofuels, bio-chemicals and bio-polymers. It will also support the development of cutting-edge solutions for plastic recycling. This… Read more »
China is the largest manufacturing hub for power equipment in the world. With COVID-19 has posing a threat to China’s ambitions to remain as global hotspot for manufacturing, companies are evaluating the efficiency and responsiveness of their supply chains to deal with the challenges arisen from COVID-19 outbreak. The plan of diversification of suppliers from… Read more »
The technology group Wärtsilä is finalising a 70MW energy storage and energy management system project in the California Independent System Operator (CAISO) energy market. The energy storage system will be paired with Wärtsilä GEMS platform to maximise system efficiencies and will add renewable power to the grid at times when it otherwise wouldn’t be available…. Read more »
Leaders differentiate themselves through exceptional software platform development, robust portfolios in diverse markets, and sustainable business models April 29, 2020 – Boulder, Colo. – A new Leaderboard Report from Guidehouse Insights examines the strategy and execution of 15 companies leading virtual power plants (VPPs) into the mainstream, with AutoGrid Systems, Centrica REstore, Enbala, and Kiwi… Read more »
The Government’s announcement of a consultation into the future support for low carbon heat beyond the Renewable Heat Incentive (28th April 2020) has prompted industry to respond. Dr Matthew Trewhella, Managing Director of Kensa Contracting, the large scale delivery partner of Kensa Heat Pumps’ ground source heat pumps with shared ground loop arrays, said: “Progress… Read more »
28 April 2020, Mwanza, Tanzania – JUMEME, a mini-grid operator in Tanzania co-funded by the European Commission, has launched a “COVID-19 Relief Program” to support the Tanzanian government and local populations in their effort to fight the COVID-19 pandemic. With this program, JUMEME will use its local solar-hybrid mini-grids to provide 10 healthcare facilities in… Read more »
Selecting inappropriate oil-in-water monitoring technologies can jeopardise environmental compliance, market leading maker of smart water quality monitoring equipment Rivertrace has warned. Their advice to ship owners confronted with a choice between several different sensor technologies suited to specific applications has now been published in a new white paper. Oil-in-water monitoring on ships is needed to comply… Read more »
In an important step forward for the energy transition, some of Europe’s biggest Transmission System Operators (TSOs) are collaborating on a new blockchain-based platform, enabling the integration of small and distributed consumer-based units into the electricity-balancing process. Owners of consumer devices, electric vehicles for example, can earn money making “flexible” their interaction with the electric… Read more »
Just launched, the new Abloy® BEAT locking solution includes a digital key, a mobile app and an IP68-rated, weatherproof Bluetooth padlock. The future-proof solution is designed to boost operational efficiency while securing critical infrastructure, commercial institutions and industry sites. Abloy BEAT is managed with the visual Abloy® OS user interface. Abloy UK unveils its innovation… Read more »
Single-stage, oil-sealed rotary vane pumps Backing pump for mass spectrometers and similar applications Ideal for laboratory use, sturdy and reliable Asslar, Germany, April 20, 2020. Hena 50 and 70 are single-stage, oil-sealed rotary vane pumps which were specially developed for the demanding requirements of mass spectrometer systems. They achieve pumping speeds of between 32 and… Read more »
Evolving partnerships, merger and acquisition activity, and priority market shifts are all changing the utility online energy marketplace landscape April 16, 2020 – Boulder, Colo. – A new report from Guidehouse Insights examines the online energy marketplace landscape, providing forecasts for revenue, broken out by region and customer segment, through 2029. Customers are growing comfortable… Read more »
Filippo Carzaniga appointed Chairman and Member of the Board Following the acquisition of ABB’s solar inverter business, the Board of Directors of FIMER Group, one of the world’s leading manufacturers of inverter solutions, is pleased to announce the appointment of Alessio Facondo as its new Chief Executive Officer, effective 1st April 2020. Filippo Carzaniga becomes… Read more »
Bulle (Switzerland), April 6, 2020 – In 2019, the Liebherr Group completed another very successful business year with turnover of € 11,750 million. This represents an increase of € 1,199 million or 11.4 % compared with the previous year. Despite the slowdown in global economic growth, 2019 was once again a record year for the… Read more »
April 2, 2020, Bristol: Rovco, one of the offshore energy industry’s leading providers of ROV, hydrographic and artificial intelligence-based technology services, today announced a number of key executive team hires and internal appointments. The news marks the continued expansion of the company during a period of sustained growth, as the number of ROVCO employees reaches nearly 50. Brian… Read more »
Garments are significantly lighter and more durable than existing products ProGARM, the UK’s leading Arc Flash protection specialist, has launched a number of innovative lightweight PPE garments including a new coverall as well as waterproof trousers and jackets. The products will provide comfort and durability to the wearer, keeping them cooler during the warmer weather… Read more »
Groups using payments from renewable energy generators to provide local aid during crisis Community groups are turning to wind farm cash to help vulnerable locals during the coronavirus pandemic. The money – part of a £20 million a year community benefit pot paid by wind farm developers to communities in Scotland every year – is… Read more »
Adjusted EBIT at around €1.6 billion Adjusted net income at around €0.4 billion 23 March 2020 innogy SE closed fiscal 2019 below the previous year, as anticipated, and achieved the outlook amended in November 2019. The company recorded adjusted EBIT amounting to €1,615 million, which was around 23 percent below the previous year’s figure. Adjusted… Read more »