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DEME, Aspiravi and Qair reshape ownership structure in ScotWind Projects

Monday, November 3 2025

Wind Energy – Realignment

DEME announced today a strategic realignment among shareholders involved in the ScotWind offshore wind projects.

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Filed Under: Ayre, Bowdun, DEME, International News, realignment, Restructuring, ScotWind Tagged With: Ayre, Bowdun, deme, realignment, restructuring, ScotWind

Petrofac faces restructuring after TenneT contract termination

Saturday, October 25 2025

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.

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Filed Under: International projects, Petrofac, Restructuring, Tennet Tagged With: Petrofac, restructuring, tennet, termination

Vroon to sell 40 vessels in offshore operations

Thursday, January 12 2023

General – Vroon

Netherlands-based Vroon will sell its offshore vessel fleet during the next 18 months in a deal that will see lenders take control of the company.

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Filed Under: International News, Vroon Tagged With: fleet for sale, restructuring, Vroon

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