Danish firm Orsted has signed a deal to sell off its power distribution business for £2.5 billion to allow a "significant expansion" into the offshore wind sector.
Benj Sykes does not claim to have all the answers for oil and gas companies on how to accomplish an effective energy transition, but he does have the best vantage point.
Danish offshore wind giant Orsted has seen its plans to extend its Race Bank project blocked by the UK Crown Estate as the regulative body allowed several other developments to increase their size.
The U.K.’s energy markets regulator said it’ll probe whether grid operators or power generators breached license conditions during the Aug. 9 blackout that saw more than one million British households lose power.
Offshore wind giant Orsted is understood to be looking at the possibility of adding an additional 180 turbines off the coat of Yorkshire with a new wind farm.
The speed of growth at Danish company Orsted will allow it to outpace other former oil firms who have transitioned to offshore wind, according to research group Macquarie.
Here’s what we know about the events beginning on Friday afternoon at around 4:52pm.
Wind giant Orsted has said it is "looking forward" to seeing the full details of the next Scottish offshore wind leasing round, as the firm experienced a bumper surge in revenues from the sector.
Offshore wind giant Orsted saw marginal gains in profit in the first-half of 2019, but overall busniess revenues were down for the firm.
Subsea 7 has been awarded what it defines as a “sizeable” contract for work on the Hornsea Two windfarm off the coast of the UK.
Orsted's giant Hornsea One Offshore Wind Farm has announced it has hit a major construction milestone.
Aberdeenshire Conservative MP Colin Clark claimed the UK energy sector could be about to "cut off its nose to spite its face" if it doesn't utilise the skills from North Sea oil and gas during a Treasury Committee meeting.
The Carbon Trust has announced today that it will launch a new North Sea challenge to improve current offshore wind resource models.
A new multi-million offshore wind initiative will explore current "challenges" for UK firms and help them "compete for contracts in a global market", according to a UK industry chairman.
Danish renewable energy giant Orsted has shared a video of a Minke whale spotted near its Hornsea One wind project.
Big firms from oil and gas and the renewable energy sector have signed up to new task force aimed at exploiting the large amounts of offshore wind power generated in the UK.
Danish offshore wind giant Orsted has succeeded in a lengthy legal challenge by the family of pioneering scientist Hans Christian Orsted to use his name.
Majors including Aramco, BP, Ørsted and Shell will talk about US$150bn of global projects requiring UK products and services
Warmer weather, slower UK wind speeds and a court case saw a drop in pre-tax profits for Danish wind developer Orsted.
UK Offshore wind "entered the Premier League" in 2018, according to a new report by the Crown Estate.
Italian oil and gas contractor Saipem Group has posted pre-tax losses of £185 million for 2018.
Offshore supply firm Sparrows Group has announced that its cable and pipelay solutions division has doubled its revenues.
French oil giant Total has announced it will form a consortium with offshore wind developer Orsted to submit a bid for a Dunkirk offshore wind project.
Danish wind giant Orsted has announced it saw healthy £700 million profit growth in Q4 2018.
The Carbon Trust has put out a call to the offshore wind sector to help solve the issue of vessel emissions and reduce fuel consumption.