Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Berlin to set aside € 7.6 bln to acquire stake in TenneT Germany

General – Acquisition

The German government is considering acquiring a 25.1% minority stake in electricity grid operator TenneT’s German unit, an economy ministry spokesperson said last week.

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L&T secures key role in TenneT’s offshore wind program

General – HVDC

India-headquartered Larsen & Toubro (L&T) has achieved a major milestone in its Offshore Wind Business by securing a critical role in the prestigious High Voltage Direct Current (HVDC) offshore wind programme of TenneT.

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Petrofac faces restructuring after TenneT contract termination

General – Contract Termination

Further to its announcement on 21 October, Petrofac confirms it has received notification from TenneT terminating its scope of work on the 2GW program with immediate effect.

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Fugro completes site investigations for TenneT

General – Site Investigations

Fugro has completed comprehensive land and marine site investigations for TenneT Germany to support the development of the LanWin1 and LanWin2 offshore grid connection projects.

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First steel cut for LanWin2 Project  

General – Steel Cutting

Dragados Offshore announced the start of the steel blocks fabrication at its subcontractors facilities: Cimolai in Italy and Eversandai in UAE.

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TenneT secures equity funding for TenneT Germany

General – Finance

Today, TenneT Holding has reached an agreement with three large institutional investors in Europe regarding their investment in TenneT Germany: APG (investing on behalf of Dutch pension fund ABP), Singapore sovereign wealth fund GIC, and Norges Bank Investment Management (NBIM).

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Largest marine lighting project Glamox has ever won

General – Lighting project

Glamox, based in Norway, has secured contracts from electrical contractors working for three yards to provide connected marine lighting and light management systems for 11 offshore High Voltage Direct Current (HVDC) converter platforms.

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Construction IJmuiden Ver Beta substation foundation

Wind Energy – Steel cut

The first steel cut at the Heerema Fabrication Group shipyard in Vlissingen officially marked the start of construction of the jacket for the IJmuiden Ver Beta offshore platform.

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