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Aker BP’s Board Approves Field Development Projects Offshore Norway

Aker BP’s board has approved that the operator Aker BP will vote in favor of submitting Plans for Development and Operation (PDO) for the NOAKA field development project, the Valhall PWP-Fenris project, the Skarv Satellite Project and the Utsira High projects.

Aker BP’s Board Approves Field Development Projects Offshore Norway

Westwood Insight: The Changing Landscape of Offshore Wind Subsidies

Offshore wind has historically been dependent on government subsidies, and this is still the case for the vast majority of projects, although support levels have generally declined over the past 10 years as project economics have improved due to economies of scale.

Westwood Insight: The Changing Landscape of Offshore Wind Subsidies
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