ShippingWatch

Subsea 7 boosts bet on offshore wind with new acquisition

Subsea 7 buys a majority stake in Nautilus Floating Solutions to further solidify its focus in the offshore wind sector. The move follows the recent merger of Subsea 7's renewables business with OHT.

Photo: PR/Subsea 7

Offshore company Subsea 7 acquires a majority stake in Spanish Nautilus Floating Solutions, which develops technology for the offshore floating wind market.

Oslo-listed company Subsea 7 buys a 59.12 percent stake in the Spanish company and will hold four out of seven seats in the floating wind company's board of directors.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk Broker hires new CFO

Anne Brown Frandsen is appointed new CFO at Maersk Broker. She joins from architectural firm Bjarke Ingels Group.

Further reading

Related articles

Latest news

See all jobs