Shell had been spending heavily in offshore wind, aiming to leverage its experience extracting oil and gas at sea to become a leader in the technology. But soaring costs in the sector and a renewed focus on driving returns for shareholders under CEO Wael Sawan has led the company to back away from the energy source.
Noble secures $136 million offshore Brunei drilling contract
Noble has secured a $136.2 million contract for its Noble Viking drillship to drill six offshore...
