born at 321.89 PPM CO2

Credit is due to René Magritte, Man Ray, Salvador Dalí and Leonora Carrington, whose extraordinary work has inspired many of the images featured throughout this blog.

Friday, 9 July 2021

SUBSEA 7 TO MERGE WITH OHT

Subsea energy services firm Subsea 7 said Thursday it had agreed to merge its renewables business with OHT, an Oslo-listed heavy lift and transportation vessel owner which is building a fleet of offshore wind installation vessels, too.

The combined company will be renamed Seaway 7 ASA and will initially retain OHT’s listing on Oslo’s Euronext Growth market, with a view to a future listing on the main board of Oslo Børs.

The two companies said the transaction would create a pure-play renewables company focused on the fixed-bottom offshore wind market - link

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