Illustration of Hywind Tampen floating wind farm next to the Snorre platform

Renewable energy investments swelling, oil & gas giants’ energy transition speeding up

Offshore wind could become a $ 1 trillion industry over the next two decades, and renewable energy in general will create an investment opportunity of between $ 8 trillion and $ 16 trillion by 2030, according to some of the reports recently published. Meanwhile, oil & gas giants are making concrete steps in the renewable energy realm and, given the deep oil & gas pockets, they might significantly contribute to the surge of the renewable energy investments.

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