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bp to exit U.S. offshore wind market as Trump administration tightens oversight

bp to exit U.S. offshore wind market as Trump administration tightens oversight

by Offshore Reporter | Oct 22, 2025 | Wind

bp and Japan’s JERA are winding down their U.S. offshore wind joint venture, JERA Nex bp, citing an unfavorable policy environment under the Trump administration. The decision halts the planned 2.5-GW Beacon Wind project off Massachusetts amid a broader industry pullback.

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bp to exit U.S. offshore wind market as Trump administration tightens oversight

Latest News

Semco Maritime wins North Sea control, safety systems contract across eight assets

Velesto wins three IADC SEAC safety awards, maintains incident-free offshore record

Early Symra startup boosts North Sea production for Aker BP, partners

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