Ramboll Streamlines Energy Division

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.

Image source: Ramboll

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.”