Clarification to Company Announcement – Sale of Fabricom Offshore Services Limited (FOS)

By November 15, 2018Corporate News, News

ENGIE Fabricom UK Limited would like to clarify the following:

 

On 12th November 2018 it sold its interest in Fabricom Offshore Services Limited to 55 Degrees Holding Limited.

 

Fabricom Offshore Services Limited’s principal activity is the provision of engineering, procurement and construction (EPC) services to the oil and gas industries.

 

This sale has no impact on our Offshore Renewable activities in the UK, Belgium or the Netherlands, which, to the contrary, will be further developed in the coming years, in line with the strategy of the ENGIE Group.

 

In addition, we note press articles suggesting that Norther and Hohe See offshore substations were constructed by ENGIE Fabricom UK Limited.  These substations were constructed by Fabricom SA/NV in Belgium which remains part of the ENGIE Group.

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