Back to top
Reported by Van Oord on 2 October 2018

Van Oord acquires MPI Offshore

Van Oord completed the acquisition of MPI Offshore, a specialist offshore wind installation contractor, from Vroon Group. By acquiring MPI Offshore, Van Oord will further strengthen its global wind organisation and in particular its position in the UK wind market.

(Courtesy of Van Oord bv)

The acquisition includes the MPI Offshore organisation in Stokesley (United Kingdom), the vessels MPI Adventure and MPI Resolution, and associated crew.  A total of hundred people, both office staff and crew, will be joining the Van Oord UK organisation. Van Oord also acquired project contracts related to the vessels, i.e. offshore wind farms London Array, Prinses Amaliawindpark and Rampion.

The acquisition is fully in line with the company’s ambitions and investment programme for the coming years and it follows a number of strategic add-ons in recent years, which include the acquisition of Bilfinger’s offshore wind activities and Ballast Nedam offshore operations. Van Oord was assisted on this transaction by Kempen as its financial adviser.

"The acquisition of MPI Offshore helps us to strengthen our position in the UK wind market, the largest offshore wind market in the world." - Pieter van Oord, CEO

Van Oord has been involved in many offshore wind projects in northwestern Europe since 2002. Van Oord has a healthy order book, including several large wind projects like Borssele III/IV in the Netherlands. The projects Norther in Belgium and Deutsche Bucht in Germany are currently being executed. Outside Europe Van Oord has been designated as preferred contractor for the Yunlin offshore wind project in Taiwan.

References

[1]

Van Oord bv. Press release - Van Oord acquires MPI Offshore. URL: https://www.vanoord.com/news/2018-van-oord-acquires-mpi-offshore. [Date Accessed: 02/10/2018].

Business & Finance

24 Jan | Parkwind and ESB to develop two offshore wind farms at Oriel and Clogherhead

  • Potential generation capacity at Oriel Wind Farm to meet the needs of most of the population in Louth and Meath - 280,000 families
  • Highly complementary partnership between Parkwind, an experienced offshore operator, and ESB, which has significant experience in the delivery of major engineering projects in Ireland

Business & Finance

18 Jan | TEPCO and Ørsted sign MoU to work jointly on offshore wind projects

Tokyo Electric Power Company Holdings, Inc. (TEPCO), the largest power company in Japan, and Ørsted A/S (Ørsted), the world’s leading offshore wind developer, announced today that they have signed a memorandum of understanding to work jointly on offshore wind projects.

Business & Finance

17 Jan | Wavin making waves with offshore wind farm energy supply

Manufacturer cuts CO2 emissions by 13.7 tonnes a year, with renewable energy from Ørsted.

Business & Finance

11 Jan | MHI Vestas to Open US Headquarters in Boston

Marking a new era for MHI Vestas Offshore Wind in the US, the company will establish its base in Boston with recent hire Jason Folsom to lead the company’s ramp-up efforts. The office will focus initially on sales and strategy as it develops a local footprint for projects in the region.

13 Mar | Consortium Witwind tenders for Hollandse Kust (zuid) III and IV

Consortium Witwind is excited to announce it has tendered for the construction and operation of Dutch offshore wind farms Hollandse Kust (zuid) III and IV. Witwind is a consortium with strong Dutch roots consisting of Shell, Van Oord and Eneco.

Installation, Transport & Logistics

20 Dec | Van Oord heavy lift installation vessel Svanen takes on another Baltic project

Van Oord has signed a contract with the Swedish energy company Vattenfall for the transport and installation of the foundations for Kriegers Flak wind farm. Van Oord will install the project’s 72 monopiles and transition pieces.

Health, Safety & Environment

05 Nov | Oysters and artificial reefs for new nature development within North Sea wind farm

Today Van Oord installed, in cooperation with the North Sea Foundation, the Natuur & Milieu organisation and Eneco, reef balls and cages containing flat oysters within the Luchterduinen offshore wind farm, 23 kilometres west of the Dutch port city of IJmuiden. The “Rich North Sea” project will investigate how nature conservation and sustainable energy generation can reinforce one another. 

Installation, Transport & Logistics

16 Oct | Ørsted contracts Van Oord for cable installation Borssele I & II

Van Oord has been awarded the contract for cable installation works at the Borssele I & II offshore wind farm. The wind farm has a capacity of 752 MW and will be located 23 km off the coast of Zeeland, the Netherlands. Borssele I & II will supply enough renewable energy to meet the needs of approximately one million households each year. Construction of the offshore wind farm is scheduled for 2020.