Big Oil wins big in ScotWind – Shell, TotalEnergies and BP land acreage

  • Date: 17-Jan-2022
  • Source: Energy Voice
  • Sector:Oil & Gas
  • Country:Gulf
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Big Oil wins big in ScotWind – Shell, TotalEnergies and BP land acreage

ScotWind has proved a big boon to Big Oil, with fossil fuels giants BP, Shell and TotalEnergies all winning acreage.

The Crown Estate Scotland awards today come as all three European players seek to continue to diversify their portfolios for the energy transition.

Of the £700m expected to be raised for the Scottish Government through ScotWind, Big Oil is paying £237.6m through their consortium bids.