Gac Group News

 

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

Jan 09, 2025

Abu Dhabi-based integrated energy and marine services, engineering, procurement, and construction (EPC) firm NMDC Group has secured a major contract from Taiwan Power Company (Taipower) to design and install offshore gas pipelines in Taiwan.NMDC Group, through its subsidiaries NMDC Dredging and Marine and NMDC Energy, will be responsible for the design, construction, and installation of offshore pipelines at depths ranging from 10 meters to 55 meters…

Ørsted Streamlines Offshore Wind Executive Team

Apr 23, 2025

Ørsted has expanded its Group Executive Team with the appointment of two new members, enabling the representation of the full offshore wind value chain, including development, construction, and generation.Effective from May 1, 2025, Amanda Dasch…

AES Acquires CWind from Inspirit Capital

Jan 08, 2025

All Energies Services Group (AES Group) has announced the acquisition of CWind Ltd, a market provider of offshore wind services, from private equity firm Inspirit Capital.This strategic acquisition marks a significant milestone in AES Group's…

Inside Asia-Pacific’s Offshore Energy Boom

Aug 20, 2024

Strategic initiatives are attracting investors and petroleum contractors to Asia Pacific’s offshore energy market, propelling the region towards enhanced security and economic growth. As countries tap into their local resources to meet rising demand…

ABL Group to Acquire Ross Offshore

May 15, 2024

Global consultancy ABL Group has entered into an agreement to acquire 100% of the shares of specialist energy consultancy Ross Offshore from Moreld Group.Following completion of the transaction, Ross Offshore will merge with ABL Group company AGR…

BW Group to Separate BW Energy as Stand-Alone Oil and Gas Business

May 06, 2024

Global maritime company BW Group has unveiled plans to separate BW Energy as an oil and gas exploration business from its maritime businesses, as part of corporate restructuring process.BW Group currently owns 191,903,110 shares in BW Energy…

Unique Group Acquires Subsea Innovation

May 03, 2024

Unique Group acquired subsea technology and equipment manufacturer Subsea Innovation. The deal elevates Unique Group’s global engineering capabilities, enhances its portfolio and further strengthens the organization’s focus on engineering excellence and technology development…

HAV Group Acquires DP Specialist Undheim Systems

Sep 01, 2023

Norway's HAV Group has completed the acquisition of Undheim Systems AS, a provider of dynamic positioning (DP) systems for vessels. The consideration for the purchase includes a non-material cash amount and 250,000 shares in HAV Group ASA, valued at NOK 14…

Unique Group Names New CEO

May 30, 2023

Unique Group, a subsea technology and engineering services firm, has appointed Sahil Gandhi as Chief Executive Officer (CEO), succeeding Himanshu (Harry) Gandhi, who will now assume the position of Chairman of the Group.Acting as Unique Group’s COO since 2017…

OSM Maritime Group and Thome Group Get Merger Approvals, Creating a Ship Management Giant

May 22, 2023

OSM Maritime Group and Thome Group have received approvals from competition authorities to merge and create one of the world's largest ship management companies.The merged company, OSM Thome, says it will be a powerhouse in the international ship management market…

HAV Group Set to Acquire Undheim Systems, Adding DP Capabilities

May 09, 2023

Norway's HAV Group ASA has agreed to acquire Undheim Systems AS, a provider of dynamic positioning (DP) systems for vessels.'The planned technology acquisition is a strategic move that accelerates HAV Group's plans to offer digital functionality…

Seabed Surveys Start for Two 1GW Offshore Wind Farms in Scotland

Apr 06, 2023

Thistle Wind Partners (TWP) has launched seabed surveys for its two ScotWind projects – the 1GW Ayre Offshore Wind Farm and the 1GW Bowdun Offshore Wind Farm.The Ayre offshore wind farm is a floating wind project to the east of Orkney, while…

ABL Group to Acquire AGR from Akastor

Mar 20, 2023

Norwegian energy and marine consultancy group ABL Group has agreed to acquire 100% shares in offshore engineering, consultancy, and software company AGR from Akastor.'The purpose is to bolster ABL Group’s offering within well and reservoir consultancy…

GAC Opens Another Office in Taiwan

Nov 15, 2022

Global shipping and logistics provider GAC Group is expanding its presence in East Asia and the Asia-Pacific region by establishing a new office in Taiwan’s second-largest port, Taichung.The port has constructed several tailor-made wharves to…

New UAE JV Offers Surveys and Subsea Services

Jun 16, 2022

A new joint venture company formed in the United Arab Emirates will offer offshore surveys and subsea services in the UAE, across the GCC region, as well as in select international markets.The new firm, SAFEEN Surveys and Subsea Services, was…

Logistics News

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Bulls Joins TVO's Global Business Development Team

Bulls Joins TVO's Global Business Development Team

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

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