Former Petrofac chief seeks £40m for offshore wind group Venterra
The former chief executive of Petrofac, the oilfield services group which collapsed last month, is in talks to raise tens of millions of pounds for the offshore wind energy group he set up four years ago.
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Britain is "firmly on track" to meet its clean power targets for 2030, according to the government following a record offshore wind auction.
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Administrators are on standby this weekend to handle the collapse of Petrofac, the oil and energy services group - an insolvency which could threaten the future of more than 2,000 jobs in Scotland....25-10-2025, 05:11 PM
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A teenager alleged to be a member of the criminal cyber hacking group Scattered Spider - which was linked to attacks on M&S and Transport for London - has been arrested, according to US authorities. ...02-07-2026, 12:44 AM