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Oil Majors’ Commitment to Net-Zero Emissions Leads to Investments in Wind Energy

The Energy Law

In September of this year, BP entered the offshore wind market when it announced a $1.1 Shell is also engaged in three offshore wind ventures – two in development stages, one currently operational – located off the Dutch coast, and two offshore wind ventures in the development stages off the New Jersey and Massachusetts coasts.

Oil 52
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Oil Majors’ Commitment to Net-Zero Emissions Leads to Investments in Wind Energy

The Energy Law

In September of this year, BP entered the offshore wind market when it announced a $1.1 Shell is also engaged in three offshore wind ventures – two in development stages, one currently operational – located off the Dutch coast, and two offshore wind ventures in the development stages off the New Jersey and Massachusetts coasts.

Oil 40
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Nigeria Oil Industry Overview

Drillers

company has a 40-60 joint venture with the NNPC, which is the majority shareholder, and stakes in several offshore fields, including several deepwater blocks that have yet to be developed. Chevron has stakes in both onshore and offshore fields through a JV with NNPC that has the same percentage distribution as Exxon’s.

Oil 52