Oil & Gas Services changes into Offshore EnergyCorporate News -
Over the next 20 years, energy demand will increase significantly, driven by a growing population and raising prosperity levels. And while fossil fuels seem to remain the dominant energy sources, the share of clean energy will increase significantly in the coming years. Driven by technological developments and environmental policies, renewable energy will become a more important part of the new energy mix.
This development requires a bank to adapt to the changing environment for its clients and society. NIBC therefore changes the name of one of its sectors, 'Oil & Gas Services', into 'Offshore Energy'. Its mission is to facilitate the energy transition towards clean, sustainable energy, while simultaneously safeguarding the supply of energy via the traditional energy sources to cater for growth in energy demand.
The new name also reflects our clients’ activities in the Offshore Energy sector more accurately since a significant number is already active in services for the offshore wind industry and/or decommissioning segment.
Offshore Energy will remain the strategic speaking partner to our client base, enabling them to transform and to adjust to the new energy mix. We offer a wide range of financial products and solutions: Asset and Project Finance, Corporate Lending, Mezzanine & Equity, M&A, Structuring, Leveraged Finance, ECM/DCM and more. By strengthening our connections with amongst others technical universities and innovation platforms, NIBC endeavors to contribute to the changing energy mix: important for the world, important for its clients.