BP seeking to build wind farms off Scotland – The Times By Reuters – Investing.com

  • Date: 03-May-2021
  • Source: Investing.com
  • Sector:Agriculture
  • Country:Gulf
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BP seeking to build wind farms off Scotland – The Times By Reuters – Investing.com

(Reuters) - BP (NYSE:) Plc is preparing to bid for the rights to build wind farms off Scotland, The Times reported https:// early on Monday.

BP Chief Executive Officer Bernard Looney told The Times the firm was looking at bidding in the forthcoming Crown Estate Scotland auction to lease the seabed off Scotland for offshore wind projects.

Bids for the ScotWind process, offering 17 areas spanning 8,600 square km (3,320 square miles) of seabed, are yet to be finalised with a deadline of July 16, The Times reported.