Orsted’s $500m cable headache, Big Oil’s green case, and America’s grid challenge

As analysts questioned the impact of greater competition in the offshore wind sector, two new markets appeared on Orsted’s radar this week alone.

And it wasn’t just new geographical markets in Orsted’s sights.

CEO Bernard Looney and his top executive team this week fronted up directly to suggestions that the UK supermajor was overpaying to secure its footholds in offshore wind.

Not every oil & gas player is a latecomer to offshore wind.

high-flyers – not exactly a dull week at Orsted.

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