Ramboll is merging its energy and oil & gas divisions into Ramboll Energy in response to a changing world energy market and a strong push towards renewables.
By merging the divisions, Ramboll expects to accommodate the growing focus on sustainability and better support the clients’ needs for a full service, multidisciplinary offering.
The two divisions already collaborated on an offshore wind project in China, with Ramboll Energy providing the engineering for the 100 turbine foundations and oil & gas providing the 400MW substation detail design.
According to Ramboll, although the oil & gas will continue playing a significant role in the energy mix in the coming years, there is a strong push towards renewables and a growing focus on sustainability.
The company emphasizes that large players in the oil & gas sector are changing their portfolios and strategies to accommodate for this green transition, as well as that the oil market has settled at a lower level after a drop in prices that is driving significant consolidation.
Ramboll sees these global market developments as having potential that can be better exploited by combining its current energy and oil & gas business units.
“We will support our clients better with a holistic approach to the energy sector and the challenges our clients face as well as a full-service, integrated and multidisciplinary offering that cuts across the whole value chain. We will be a one-stop-shop,” said Executive Director John Sørensen .
The new unit is expected to have a wide geographical reach, more diverse competence teams and a portfolio of close to 4,000 projects – with approximately DKK 1.2 billion in revenue.
“Today we already share a number of large energy clients,” said Thomas Rand , Managing Director of the new Ramboll Energy unit. “With our combined service we will have 1,500 employees dedicated to renewable and conventional energy locally and globally.”