Ewe Ag News

Offshore wind farm vessels provider Fred. Olsen Windcarrier announced that its jack-up vessel Blue Tern has been contracted to finish installing the remaining 11 Senvion 6.2M152 turbines on the Trianel Windpark Borkum II (TWB II).“We are looking forward to working with our new client and to get the chance to support the finalization of the Trianel wind farm with our jack-up vessel Blue Tern. Blue Tern is ideal for this project due to her capacity”, said Kristina Pind Løvgren, Head of Nautical, Fred. Olsen Windcarrier.Kristina added: "Our related company, Global Wind Service, is already on the project and delivers technicians, QA and Site Management for the installation and mechanical completion of the turbines.

Statoil is disposing of its 5.26 per cent holding in German company Verbundnetz Gas (VNG) to EWE AG, Germany, subject to the final approval of the transaction. The group has agreed a sale of these shares after reassessing its position in VNG in connection with the current restructuring of ownership in the company. Statoil's aim is to finalise the transaction by the end of the first quarter of 2004. As a gas merchant, VNG operates primarily in Germany's eastern states. Statoil acquired its stake in the company in 1991, when the German authorities were seeking to privatise it. That formed part of the process of selling off companies previously owned by the state in the former German Democratic Republic. VNG holds roughly 16 per cent of the German market for natural gas.