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.
Tethered BOP technology enables DP rigs to drill in shallow water
Shallow-water wells can now be drilled using dynamically positioned (DP) deepwater rigs, if...
