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AEG to heavily invest in service ships for offshore wind turbines

The US offshore market is set for major growth. Not only does Germany's EEW plan to set up foundation production in the country, now a Danish firm will also construct service, installation and cable ships for the offshore wind industry in the US.

Photo: Dbb Jack-Up Services

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Statoil books best quarter in four years

The stable and recently rising oil price has spelled good news for Norwegian giant Statoil, which emerged from the first quarter with strong revenue. (Article updated)

Ørsted takes over British battery project

The Danish utility wants to join the club of battery owners in the UK and will now follow in the footsteps of firms such as Centrica, EDF and E.on, as the firm plans to have a 20 MW project near Liverpool.

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