Ørsted, the world's largest offshore wind developer, has announced it is slashing investment in offshore wind by 25%.

Oersted A/S executives express optimism about offshore wind development in Poland and Denmark. The CEO reiterates belief in its long-term attractiveness, while the CFO discusses having financial ...

Helix Energy Solutions' robotics unit awarded a contract by Subsea7 for the burial of inter-array cables associated with ...

Offshore wind power brings more than local, clean energy. It provides jobs, encourages innovation and boosts economic growth ...

Ørsted has announced a 25% reduction in its investment programme up to 2030, despite the company's full-year results meeting expectations.

Offshore wind giant Ørsted has cut investment and targets for new renewable energy projects amid dwindling share prices. It ...

Ørsted’s board of directors has approved significant adjustments to the company’s business plan and what it described as ...

Today, Ørsted’s Board of Directors approved the annual report for 2024.

European markets are set for a positive open Thursday, with investors awaiting more earnings and the latest monetary policy ...

Under the contract, Helix plans to utilize the Grand Canyon III trenching support vessel mobilized with the T1500 jet trencher, the i-Trencher trenching system, a work-class remotely operated vehicle ...

Nearly 15 months after a Danish-based wind energy company pulled the plug on what was to be New Jersey’s first offshore wind farm, London-based Shell PLC withdrew from projects to be built off the ...

Ørsted said it is cutting its investment program to 2030 by 25%, as the offshore wind industry struggles with rising costs ...