Offshore wind continues strong growth, bolstered by new floating projects
(World Oil) Environmental, Social and Governance (ESG) are drivers influencing our energy transition. In line with that, 2020 has been the year of aggressive commitments to Net Zero carbon emissions by 2050 for a large swath of companies. This group has been led by Europe’s largest integrated oil companies—Shell, BP, Total and Equinor. This group remains at the forefront of their peers, and they are transparent about transitioning to cleaner energy in the future. Shell aims to make power a significant part of its business and emphasized that offshore wind is critical to that mission, with a current opportunity pipeline of 5 GW and expanding. Equinor has made no secret of its high ambitions
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