Danish-based Muehlhan has sold its oil and gas business and turns to renewables.

 

It is now rapidly becoming a sign of the times as more companies drop coal, oil and gas and turn to renewables only. Muehlhan, which provides services in the offshore wind industry primarily by delivering pre-assembly work, has sold off its oil and gas division, which will enable the company to focus its investments in sustainable and high-growth markets. The Danish company sold the oil and gas business to French company Altrad on 31 December 2021. In their press release they said “Under the leadership of Søren Høffer, Muehlhan’s Renewables business will continue to grow in the wind energy market, which was latest demonstrated by Siemens Gamesa awarding Muehlhan Wind Service the pre-assembly contract for the 1.5 GW Hollandse Kust Zuid offshore Wind Farm”.



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