Latest News for: Offshore model


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Web Hosting Talk 28 Sep 2021
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New York unveils $191m offshore wind scheme

Splash24/7 27 Sep 2021
... $191m plan to make New York City a leading destination for the offshore wind industry ... New York City will serve as the model for taking climate action and growing the offshore wind industry with a real long-term vision plan focused on equity,” said Mayor Bill de Blasio.

Norway’s Havfarm Plans U.S. Wind Installation Vessel

The Maritime Executive 27 Sep 2021
Other efforts that are also underway toward the transition include involvement in a project to design and install what the company terms “an innovative new style of floating offshore wind turbine.” Efforts are moving forward to install an offshore demonstration model ...

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Web Hosting Talk 24 Sep 2021
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FPT Teams up with Digital Leader Halliburton to Accelerate Transformation in Oil & Gas Industry

The Marshall News Messenger 23 Sep 2021
HANOI, Vietnam--(BUSINESS WIRE)--Sep 23, 2021-- ... This press release features multimedia. View the full release here. ... FPT’s mix of on-site, nearshore, and offshore delivery models enables the service company to optimise costs and ensures that its customers enjoy localised services and timely support from FPT’s technology professionals worldwide ... PUB.

Offshore Wind Turbine Builder Vestas Closes Three Factories

The Maritime Executive 21 Sep 2021
After reporting mixed financial results in the second quarter, with rising revenue but slim margins, wind turbine manufacturer Vestas has announced that it is closing three of its factories in Europe, including a facility that makes power components for one of its largest offshore models.

Greece ready with offshore wind framework - report

Renewables Now 17 Sep 2021
The Greek government has completed the creation of new legislative framework for the country’s offshore wind industry, with final decisions by the energy ministry due to be taken shortly, Energypress reports, citing unnamed sources ... Greece currently has no offshore wind capacity.

‘Orsted’s transition provides key insights for India’s energy firms’

Business Line 17 Sep 2021
The transition of Orsted, the once Danish state-owned utility, from being one of the most coal-intensive utilities in Europe to a global leader in offshore wind energy provides interesting insights and learning for Indian utilities ... Offshore wind is no more at sea.

Op-Ed: Garment workers behind ‘Made in the USA’ labels are horribly underpaid. Newsom can end the ...

The Los Angeles Times 17 Sep 2021
Back then, wage theft was not the business model ... “But I don’t know why making companies pay minimum wage would force them to shut down or move offshore,” Durazo said, “unless that’s the only way they feel they can do business.” If that’s the case, maybe they need to rethink their business model.

Progress, problems and prospects

China Daily 16 Sep 2021
The offshore renminbi market has also developed rapidly and the variety of renminbi-denominated products has increased, with a growing number of bonds and funds available ... Only relying on trade settlement combined with the offshore market development model cannot truly help the renminbi achieve international currency status.

It Shouldn’t Be Just Chips

Engineering Times 14 Sep 2021
Then in the late 1990’s, the twin phenomena of outsourcing and offshoring to reduce costs hollowed out the West’s electronics manufacturing infrastructure ... The old models of offshoring no longer guarantee the availability of critical components.

GME Supply Acquires Gearcor of Conklin, NY

Maryville Daily Forum 14 Sep 2021
COLUMBIA, Mo., Sept. 14, 2021 /PRNewswire/ --�GME Supply ("GME") is pleased to announce it has completed the acquisition of Gearcor, based in Conklin,�NY ... said Carol Yeager of Gearcor. "Together we will be able to provide more value to similar�industries�that�would�benefit�from�our business�model�such�as�utility�infrastructure�and�offshore�wind." ... .

The Energy Bulletin Weekly 13 September 2021

Resilience 13 Sep 2021
Futures rose towards $73 a barrel on Friday as refineries in Louisiana restarted and returning offshore production could not keep pace ... Offshore energy firms are likely to face more significant financial losses from Hurricane Ida than from previous Gulf storms because of insurers’ reduced coverage, according to risk modeling firm RMS.

Offshore operators face big Ida losses as insurers trim cover

Reuters 09 Sep 2021
Sept 9 (Reuters) - Offshore energy firms are likely to face greater financial losses from Hurricane Ida than from previous storms in the Gulf of Mexico, because of reduced coverage offered by insurers, risk modeling firm RMS said on Thursday ... "Offshore energy coverage is ...

Hurricane Larry could be headed for Newfoundland on Friday, but track uncertain

Castanet 07 Sep 2021
The Canadian Hurricane Centre in Halifax has issued a tropical cyclone statement, saying some weather models are suggesting the storm will remain far offshore while others indicate it will ...