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Marine Energy Projects News

29 Jan 2021

Global Energy Group Gets Financial Boost for Port of Nigg Facility Expansion

Nigg from the air - credit Inverair Drone Services (via GEG)

Scottish regional development agency, Highlands and Islands Enterprise (HIE), has approved an investment of up to £8.3m in Scottish Government funding for an £18.9m project to develop the East Quay at Global Energy Group's Port of Nigg facility.The project is aimed at helping the Highlands and Islands economy benefit more from the growth in renewable energy development, as well as meeting the needs of GEG's existing clients.Once completed, the new facility is projected to bring…

23 Feb 2015

Buamim Addresses Offshore Support Journal Conference

Khamis Juma Buamim, Chairman of Drydocks World Group and Maritime World participated in the "Annual Offshore Support Journal Conference" held from February 17th to 19th 2015, in London. The conference saw good participation from key global and regional speakers in the marine, maritime and shipping sectors. It brought together many of the offshore support industry’s leaders such as major oil companies, shipbuilders, ship-owners, financiers, designers, suppliers and original equipment manufacturers and industry associations. Analysts who spoke indicated that the OSV market is estimated to be worth $91 billion by 2018. They provided vital insights into OSV market drivers…

27 Feb 2013

GL Garrad Hassan: Policy and Grid Shape Wave and Tidal Risk Profile

Photo: GL Garrad Hassan

GL Garrad Hassan has carried out new analysis questioning the perception that the risk profile of wave and tidal projects is primarily driven by technical challenges. The work was launched as part of RenewableUK's Annual marine energy report "Conquering Challenges, Generating Growth" at the industry association's 10th Wave and Tidal conference. Adopting a bird's eye view of the industry, the work demonstrates that much of the risk associated with marine energy projects emerges from the electrical and political systems in which they must operate.