Business Jason Deign - 15/September/2023

The growing impact of oil and gas in offshore wind

Oil and gas companies can bring welcome war chests and skills to the offshore wind sector, but not everyone is happy with the majors’ approach to this globally vital clean energy sector

Recent auction results have raised questions about the oil and gas industry’s strategies for offshore wind development

GROWING PRESENCE Oil and gas companies are taking a growing share of the offshore wind pie

UNCLEAR INTENTIONS Despite apparent synergies between the two industries, oil and gas firms do not seem to have a unified strategy for offshore wind

KEY QUOTE It’s an absolute race to the bottom, which, if you think it through, really could ruin the industry ...


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