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Analysis

Making the switch: should the oil industry be moving into offshore wind?

With oil prices still depressed and investment flat in many parts of the offshore oil and gas industry, the UK’s Offshore Renewable Energy Catapult has urged the industry to diversify into offshore renewables such as wind, tidal and wave energy, which it says represent combined spending of £210bn over the next ten years. Rod James spoke to the innovation centre to find out what oil and gas companies could offer to offshore renewable tech, and what they could stand to gain.

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