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Charley Rattan's picture
World Hydrogen Leader , Charley Rattan Associates

UK based offshore wind & hydrogen corporate advisor and trainer; Faculty member World Hydrogen Leaders. Delivering global hydrogen and offshore wind corporate investment advice, business...

  • Member since 2019
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  • Mar 6, 2021
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BP and winds of change the company is investing in offshore wind off the Lancashire and North West of England

 

 

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Bob Meinetz's picture
Bob Meinetz on Mar 7, 2021

Charley, sounds more like BP has swept away any pretext of caring about the environment!

In 2019 the company's exploration team was in the Gulf of Mexico, where they discovered 1 billion barrels of crude - and they're pretty damn excited about it:

"The British energy company [BP] has discovered 1 billion barrels of crude at an existing oilfield in the Gulf of Mexico. BP also announced two new offshore oil discoveries and a major new investment in a nearby field.

BP is the Gulf of Mexico’s biggest producer, and it’s making strides to hold that title.

BP now expects its fossil fuel output from the region to reach 400,000 barrels of oil equivalent per day by the middle of the next decade. Today, it produces about 300,000 boepd, up from less than 200,000 boepd about five years ago."

BP just discovered a billion barrels of oil in the Gulf of Mexico

And not a wind turbine in sight. Maybe it's a Brit thing, but here in the States we call them the "winds of hype"!

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