Tag: INEE
Newton Aycliffe-based Tekmar Group has landed a contract in the Middle East worth more than €3.5m as it continues to see “strong momentum in regional demand for cable protection”. The contract is for its cable protection technology to a major offshore energy project, with delivery scheduled by June 2026. It is Tekmar’s largest polyurethane cable […]
Ørsted has chosen the Port of Tyne’s Tyne Clean Energy Park in South Shields as the marshalling base for its £8.5bn Hornsea 3 Offshore Wind Farm – set to become the world’s largest offshore wind farm. The 100,000m² site will handle secondary steel components before installation at sea, supporting the delivery of 197 turbines. Once […]
An AI Growth Zone for the North East is set to unlock more than 5,000 new jobs in the years to come and bring in £30 billion in investment as the region becomes a hub for AI development. North East Mayor Kim McGuinness said securing the new deal would see the benefits of AI reach […]
Osbit Ltd, an offshore wind engineering company, has opened a significant new Assembly and Service Facility at the Port of Blyth in the UK. This development has created 33 skilled jobs for the region and represents a substantial investment in the North East’s clean energy economy. The new 3350 square metre facility, located at the […]
Today (Tuesday 20th May 2025) North East England’s Mayor Kim McGuinness has unveiled £14 billion of investment opportunities with the launch of the first North East Investment Prospectus. The prospectus details a portfolio of investment opportunities across the region aimed at attracting developers from across the globe, showcasing North East England’s credentials in offshore and […]
Whitecap Consulting, the regional strategy consultancy, has announced an ambitious new project to develop the inaugural North of England FinTech Report, mapping every FinTech firm and summarising key activity across the region. The UK’s FinTech sector continues to be a major area of focus in the economy, with FinTech firms contributing an estimated £8.3bn of […]
A leading global provider of heavy-duty marine engineering solutions has set up a new base in South Tyneside. US-based Bardex – which specialises in heavy lifting, transfer, and mooring equipment for the shipbuilding and repair and offshore sectors – appointed former Port of Tyne Commercial Director, Ian Finch as Director of Business Development to head […]
Caddick Construction is expanding its North East presence with the launch of its first office in the region. The company has opened its 2,045 sq ft office at Adelaide House at Belmont Business Park in Durham. To mark the opening, the team was joined by Caddick Group founder and chairman, Paul Caddick MBE, who launched […]