Capital spend on sea-based wind to outpace offshore oil & gas by 2024: WoodMac

Analyst group sees $210bn going into offshore wind in the next five years, as petro-giants wake up to industry's 'greater certainty and transparency'

Shell's Brent Delta offshore oil platform is towed past wind turbines along the coastline of Hartlepool, UK — Shell's Brent Delta offshore oil platform is towed past wind turbines along the coastline of Hartlepool, UKFoto: SCOTT HEPPELL/AFP via Getty Images/NTB scanpix

Darius Snieckus

Published 4 March 2020, 16:29Updated 4 March 2020, 16:31