Partnership Between Keppel Offshore and Sembcorp, Aiming at Renewable Energy Development, Will Have Integration Planning Reviewed by CADE

Written by Roberta Souza

Published on 05/07/2022 at 22:44

foto de Thomas G./ fonte: pixabay

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CADE Aims to Investigate Details Regarding the Merger of Companies Seeking to Jointly Expand Offshore Renewable Energy Production

CADE (Administrative Council for Economic Defense) will evaluate the merger of efforts being made jointly by Keppel Offshore & Marine and Sembcorp Marine. The companies plan to create a combined company focused on offshore renewable energy, new energies, and clean solutions in the offshore and maritime sector.

Under the terms of the transaction, Temasek, the majority shareholder of Sembcorp, will become the largest shareholder of the renewable energy company generated by the combination of the mentioned companies, with a stake of approximately 33.5%. According to the documentation provided by the lawyers representing the companies, the effort aimed at producing offshore renewable energy will result in only a limited horizontal overlap in the market for renewable energy vessel construction and related services.

“This overlap does not raise any competitive concerns, as the combined market share of the Applicants is below 20%, the Applicants face strong competition in the market, including from foreign renewable energy companies, which are already part of the same group for the purposes of Brazilian competition defense laws, given Temasek’s current stake, which also invests in renewable energy, as it is the major shareholder of Sembcrop, in both Applicants and this will not change as a result of the Operation,” according to the documentation.

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In Addition to the Partnership That Keppel Will Establish, the Company Is Offering More Than 40 Offshore Positions in RJ

Keppel has a global presence in over 20 countries and, as previously mentioned, provides solutions for a more sustainable world, focusing on four main areas: energy and environment, urban development, connectivity, and asset management. The company is making available over 40 offshore positions in RJ.

The available positions are for the following roles:

Crane Operator
Pipeline Supervisor
Pipefitter
Communication Analyst
SGI Assistant
Foreman
Pipefitter
Production Supervisor
Expeditor
Plumber
Pipeline Welding Supervisor
Pipeline Materials Specialist
Materials Expeditor
Structural Designer III
Infrastructure Analyst
Buyer II / Mid-Level
3D Systems Administrator
SGI Engineer
Pipeline Designer
Documentation Technician
Boilermaker
Mid-Level Systems Analyst
Process Engineer
Maintenance Electromechanic AT
Project Engineer
Senior Equipment Buyer
TIG MAG Welder ER 6G
Architecture Safety Engineer
Electrical Engineer

Applications for the Positions

To apply for the positions offered by the company, interested individuals can access the link. In addition to applying, candidates must also submit an updated resume.

Partnership Between Keppel Offshore and Sembcorp, Aiming at Renewable Energy Development, Will Have Integration Planning Reviewed by CADE

CADE Aims to Investigate Details Regarding the Merger of Companies Seeking to Jointly Expand Offshore Renewable Energy Production

In Addition to the Partnership That Keppel Will Establish, the Company Is Offering More Than 40 Offshore Positions in RJ

Applications for the Positions

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Partnership Between Keppel Offshore and Sembcorp, Aiming at Renewable Energy Development, Will Have Integration Planning Reviewed by CADE

CADE Aims to Investigate Details Regarding the Merger of Companies Seeking to Jointly Expand Offshore Renewable Energy Production

In Addition to the Partnership That Keppel Will Establish, the Company Is Offering More Than 40 Offshore Positions in RJ

Applications for the Positions

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An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

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Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

Seen from space, an image taken by an astronaut shows in Argentine Patagonia the exact point where a colossal glacier, a turquoise-blue lake, and a greenish arm of water meet, creating one of the rarest and most impressive landscapes in the region.

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