rss icon Subscribe
desktop mobile

Nexans Acquires BE CableCon

Nexans' New Cable-Laying Vessel to Bring More Clean Energy to the World. Photo: Nexans

By Aiswarya Lakshmi

French company Nexans has acquired a controlling interest in Denmark-based BE CableCon, which supplies cable kits to wind turbine companies.

The acquisition is part of Nexans' strategy aimed at reinforcing the Group's portfolio of activities and accelerating its growth in the renewable energy segment.
The acquisition is an illustration of the recently-announced "Paced for Growth" strategy aimed at developing Nexans' business beyond manufacturing cables to provide customers with complete, fully-integrated cable services.
Klaus Moller, CEO of BE CableCon, will head the new Nexans subsidiary company. He said, "Joining the Nexans Group with its expertise in cable production and global footprint will provide the ideal platform to take our business to the next level. We look forward to expanding beyond Northern Europe to work with global OEMs as well as addressing new markets in the North American and Asia-Pacific regions."

Jan 11, 2018

 

Energy

Clean Energy Investment Rose to $333.5 Bln in 2017

© Robert / Adobe Stock

New clean energy investment worldwide rose by 3 percent last year to $333.5 billion from a year

Chevron to Resume Drilling in Iraqi Kurdistan

Chevron will resume oil and gas drilling operations at the Sarta 3 block in Iraqi Kurdistan "in the near future", a company spokeswoman said in an email.

Norway Awards 75 Oil Exploration Licenses

© Marius Dobilas / Adobe Stock

Norway's energy ministry has awarded 75 offshore exploration blocks to oil companies in a

Legal

MOL Acquires Seafarers Manning Company

Group photo of MOL Maritime (Europe) B.V. and MOL management provided  by MOL

Japan's Mitsui O.S.K. Lines (MOL) has announced that MOL acquired 100% of the issued shares of

Lauritzen Reflags Two Gas Carriers to Denmark

Photo: J. Lauritzen A/S

Lauritzen Kosan has reflagged two of its ships to Denmark for the first time since 2003.

Canada Unveils New Arctic Shipping Safety Regulations

Photo: Transport Canada

Canada's Arctic is a vast and diverse region that is an integral part of this country.

Maritime Apps