The tie-up bp desi bpwith Jera will mean BP’s spending on offshore wind will drop sharply from previously anticipated investment of $10bn (£7.8bn) between 2023 and 2030.
BP has decided to merge all its offshore wind business into a new joint venture with Japan’s energy firm JERA, to which the companies will provide up to $5.8 billion for investments by。
The equally owned joint venture, called JERA Nex BP, will see BP and Japanese firm JERA provide up to $5.8bn in capital funding for investments before thebp desi bp end of 2030. It will become。
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