BP Goes Big with Offshore Wind in Equinor Partnership

 BP is investing 50% into two large US based offshore wind projects with Equinor, its first foray into offshore wind, paying Equinor $1.1 bn for its share of existing assets and to enter into the partnership.  BP has a stated aim to develop 50GW of renewable power by 2030. Bernard Looney, CEO for BP (an Irish citizen who started at BP in 1991 as a drilling engineer) stated that this is an important step in its journey to become an "integrated energy company" highlighting that "Offshore wind is growing at around 20% a year globally and is recognized as being a core part of meeting the world’s need to limit emissions"