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Inocean expands within offshore wind
Inocean AS has acquired the outstanding shares in ABB Inocean AB. This means that Inocean AS today owns 100% of the shares and has renamed the company Inocean AB

The acquisition follows a five year period of participation as partner in the joint venture set up as an engineering/execution services company specializing in offshore wind and with purpose to support ABB Offshore Wind.

During these five years the joint venture has first of all been engaged in project management, supervision and field start-up & operation of HVDC platforms during ABB EPCIC projects. Among these are Dolwin Alpha, DolWin 2, and Borwin Alpha, all ambitious and ground-breaking offshore wind projects off the coast of Germany.

The acquisition is aimed to further develop the capabilities of Inocean within the growing offshore wind power business as well as in other areas in the offshore and marine industry.