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OEUK responds to UK-Japan offshore wind memorandum of cooperation

Offshore Energies UK

Today the leading trade body Offshore Energies UK (OEUK) responded to the announcement that the UK has signed a memorandum with Japan to cooperate on offshore wind. OEUK is campaigning for a homegrown energy future that makes the most of the UK’s offshore energy and safeguards energy security and jobs as it journeys to net zero.

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Nigeria Oil Industry Overview

Drillers

The Oil Industry of Nigeria If anyone asks Chevron or Shell, for example, how they feel about Nigeria, the response would probably be that they were tired of problems, at least if they were honest. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration.

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$5.8 Billion Question: BP Backs Away from Green Energy—but Is Offshore Wind Still Worth It?

Rextag

What does BPs latest move in offshore wind mean for its renewable energy strategy? BP and Japanese power company JERA have announced a joint venture (JV) to create one of the worlds largest offshore wind operators. billion in approved projects by 2030, with BP contributing $3.25 billion by 2030. billion and JERA $2.55

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China Unveils Plans for New Offshore Wind Farms to Tackle Carbon Emissions

Asian Oil & Gas

China said on Wednesday it would develop a package of major projects to tackle climate change as it moves to bring its carbon dioxide emissions to a peak before 2030 and become carbon neutral by 2060

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Wood opens low-carbon technical centre in Abu Dhabi

Offshore Energies UK

Local initiatives in this predominantly oil producing region include UAE Net Zero 2050 and Saudi Vision 2030. URL: [link] The post Wood opens low-carbon technical centre in Abu Dhabi appeared first on Offshore Energies UK (OEUK). Woods energy transition expertise has been recognised several times in the region.

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

The Energy Law

and European major oil companies are beginning to re-evaluate their business structure and investment strategies in light of the current financial, legal, and social climate. In August, BP set forth its strategy towards net-zero emissions, which includes plans to have 50 gigawatts of renewable generating capacity by 2030, up from the 2.5

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Why Are Oil Giants Backing Away from Green Energy: Exxon Mobil, BP, Shell and more

Rextag

As world leaders gather at the COP29 climate summit, a surprising trend is emerging: some of the biggest oil companies are scaling back their renewable energy efforts. CEO Darren Woods said the company didnt have expertise in those areas and instead focused on hydrogen and lithium, areas closer to its traditional oil business.

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