Seaway7 has selected US-based Helix Robotics Solutions to supply inter-array cables at Ørsted's Hornsea 3 offshore wind farm.

On his first day in the Oval Office, President Donald Trump signed an executive order that attempts to slow the growth in the ...

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

Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.

Orsted guided for slightly higher earnings this year, a day after it slashed spending plans for the coming few years to shore up its balance sheet.

Danish energy company Orsted, a worldwide leader in offshore wind, has replaced its CEO, who began offshore wind projects in the United States that have mostly stalled.

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

With Monday’s confirmation of energy executive Chris Wright to serve as secretary of Energy, President Donald Trump now has ...

CEO and group president Mads Nipper has been replaced by the company just ahead of the release of the company's 2024 annual ...

The chief executive officer of Danish energy company Ørsted, Mads Nipper, is stepping down from his position as group ...

The company said it is parting ways with Mads Nipper as it grapples with supply-chain bottlenecks, high financing costs and President Trump’s opposition to wind power.

Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...