Wilhelmsen buys stake in Reach Subsea
Wilhelmsen has acquired a 21% stake in Reach Subsea ASA for NOK149.9 million (US$16.8 million). Together, Wilhelmsen and Reach will form a strategic partnership to commercialise the Reach Remote concept, bringing Reach Subsea into new industry verticals and geographical regions.
Reach Subsea ASA offers subsea services as a subcontractor to energy clients, with its head office in Haugesund, Norway.
Country updates
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March 03, 2022
Winter delays operations date for 400 MW The Rock wind project in Mosjoen
The business operations date (COD) for the 400 MW The Rock wind farm in Norway has been pushed back to the second quarter of 2022, due to harsh winter conditions. The announcement was made by Aquila...
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February 15, 2022
Linde secures contract to build the 24 MW Hydrogen project in Porsgrunn
Yara has signed a contract with Linde Engineering for the construction and delivery of a green hydrogen demonstration plant at Yara’s ammonia production facility at Herøya Industripark in...
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January 28, 2022
Hanwha Solutions completes acquisition of 16.67% stake in REC Silicon
Hanwha Solutions Corp has completed the acquisition of a 16.67% stake in the Norway-based polysilicon and silicon developer and gas producer REC Silicon ASA for a total of NOK1.4 billion (US$159.40 mi...
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January 24, 2022
E.ON buys minority stake in Horisont Energi
Horisont Energi and E.ON have entered into a strategic cooperation agreement for the development of European end-to-end carbon capture, transport and storage service offering, development of a carbon...
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January 04, 2022
Falck Renewables completes the 21 MW Okla wind project in Bremanger
Falck Renewables S.p.A. has completed the construction of the 21 MW Okla onshore wind farm located on the Stadlandet peninsula near Selije, Norway. The project features five turbines and is expected...
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