Chinese oil major CNOOC is still debating internally how far to push into offshore wind after a market entry that was primarily designed to help an ailing subsidiary tap into new revenue streams, Recharge has learned.
CNOOC – China’s third-largest oil and gas group – sparked interest well beyond its home market when it confirmed it would look at opportunities in offshore wind, leveraging its experience in exploration and production along the 32,000km Chinese coastline and around the world.
