Bids Ready for Nysted II Offshore Windfarm

Thursday, October 27, 2005
The Danish Energy Authority has approved four applicants to bid on construction of the world’s large offshore park at Nysted, south of the isle of Lolland. The bidders are a Dutch company, a Danish company and two Danish/ Swedish consorts. This is good news according to the managing director of the Danish Wind Industry Association.
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Offshore

POSH raises $311m in Singapore IPO

POSH prices IPO at S$1.15 per share, near bottom of indicative range. POSH focuses on service to production, maintenance and is keen on growing offshore accommodation business.

Otto Marine's Financial Health on the Mend

Michael See Kian Heng, Group Executive Director of Singapore-based offshore vessel owners & shipbuilders Otto Marine, says that his company reported revenue of US$512.

POSH may raise $311 Mln in Singapore IPO

PACC Offshore Services Holdings (POSH) could raise at least S$388.27 million ($311 million) after pricing its initial public offering near the bottom of the pricing range indicated earlier,

 
 
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