Oil and Gas Companies Discuss Diversification at the Offshore Wind Executive Summit

On Wednesday in Houston at the Offshore Wind Executive Summit, representatives from Statoil, DONG Energy, Avangrid/Iberdrola and US Wind explained why their companies decided to move into offshore wind after working in offshore oil and gas for decades.

Meagan Keiser, legal counsel for Statoil said that just this year her company launched a new division called Statoil New Energy Solutions with the aim of building a profitable renewable business. “So, my team is now working full-time in renewables,” she said.

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