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Article: United States: Ramco to focus on offshore wind power.
- Article from:
- TendersInfo
- Article date:
- September 7, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: prashant03
Ramco Energy will this morning announce a radical shift of strategy to focus on offshore wind power, making the industry's most dramatic response yet to the government's promise of a "new North Sea" investment boom.
The Aim-listed oil and gas company's move, creating the stock market's only company purely focused on offshore wind, is the latest pioneering venture from chairman Steve Remp, who helped open the Caspian oil industry in the 1990s, and agreed the first joint venture for a British company in Iraq since the US-led invasion of 2003.
The Aberdeen-based company will now be called SeaEnergy, which is the name of the ...