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CADE intends to find out details about the merger of companies that intend, together, to expand the production of offshore renewable energy
CADE (Administrative Council for Economic Defense) will assess the joint work being carried out jointly by Keppel Offshore & Marine and Sembcorp Marine. The companies plan to create a combined company focused on renewable energy offshore, 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 in the renewable energy company that will be generated by the combination of the aforementioned companies, with a stake of approximately 33,5%. According to documentation delivered by lawyers representing the companies, the work aimed at producing offshore renewable energy will only result in a limited horizontal overlap in the market for building renewable energy vessels and related services.
“This overlap does not raise any competition concerns, as the combined market share of the Plaintiffs is less than 20%, the Plaintiffs face strong competition in the market, including from foreign renewable energy companies, which are already part of the same group for the purposes of the Brazilian rules for the defense of competition, in view of the current participation of Temasek, which also invests in renewable energy, since it is the largest shareholder of Sembcrop, in both Plaintiffs and this will not change as a result of the Transaction", of according to the documentation.
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Sembcorp Marine offers engineering solutions for the offshore, marine and the energy renewable worldwide. In Brazil, the company operates at Estaleiro Jurong Aracruz, located in Espírito Santo. Sembcorp Marine is owned by Temasek, which indirectly owns an approximate 54,6% stake and a majority of the voting shares.
Keppel Offshore & Marine (KOM) is a subsidiary of Keppel Corporation, which operates providing solutions for the offshore, maritime and renewable energy industries through its global structure of shipyards and offices. In Brazil, the company operates at the Keppel FELS shipyard, located in Rio de Janeiro, in Angra dos Reis.
In addition to the partnership that Keppel will form, the company is offering more than 40 offshore jobs in RJ
Keppel, which has a global presence in more than 20 countries and, as stated earlier, provides solutions for a more sustainable world and focuses on four main areas consisting of energy and environment, urban development, connectivity and asset management. The company is offering more than 40 vacancies offshore in RJ.
Vacancies are available for the following roles:
- crane operator
- Piping Supervisor
- pipe torch
- Communication Analyst
- SGI assistant
- In charge
- blowtorch
- Production supervisor
- Diligence
- Plumber
- Pipe Welding Supervisor
- Piping Materials Specialist
- Material Expeditor
- Structure Designer III
- Infrastructure analyst
- Buyer II / Full
- 3D Systems Administrator
- SGI engineer
- Piping Designer
- Documentation Technician
- Boiler Operator
- Full System Analyst
- Process engineer
- AT Maintenance Electrician
- Project engineer
- Senior Equipment Buyer
- MAG ER 6G TIG welder
- Architectural Security Engineer
- Electrical engineer
Applications for vacancies
To apply for the vacancies offered by the company, interested parties can access the link. In addition to applying, the candidate must also send an updated resume.
