Wind Energy – Realignment
DEME announced today a strategic realignment among shareholders involved in the ScotWind offshore wind projects.
[Read more…] about DEME, Aspiravi and Qair reshape ownership structure in ScotWind ProjectsPetrofac faces restructuring after TenneT contract termination
General – Contract Termination
Further to its announcement on 21 October, Petrofac confirms it has received notification from TenneT terminating its scope of work on the 2GW program with immediate effect.
[Read more…] about Petrofac faces restructuring after TenneT contract terminationØrsted to cut 2,000 jobs in global restructuring to boost competitiveness
General – Restructuring
Renewable energy leader Ørsted has announced a major organizational restructuring that will see approximately 2,000 jobs cut by the end of 2027 as part of a broad effort to strengthen its competitiveness and align with its updated business strategy.
[Read more…] about Ørsted to cut 2,000 jobs in global restructuring to boost competitiveness