Energy Voice – Out Loud

EVOL: US wind impairments, LNG delays and grounded helis


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While this quarter’s earnings fortnight has ushered in big deals in US oil and gas, it has also spelled out big trouble for US offshore wind.

Andrew breaks down the impact of some major writedowns by the likes of BP, Equinor and Orsted, all of whom have taken significant charges – and even more cancellations - on their US offshore wind plans.

Ed finds further headwinds across the Atlantic, where BP looks to be cooling on the next phase of its Greater Tortue Ahmeyim LNG development. Is it supply chain woes or a bigger question around future LNG demand?

And Ryan keeps this week grounded - much like a growing number of S-92 helicopters, where problems with access to components maintenance backlog have prompted an unusually direct warning from the international operator community.


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Energy Voice – Out LoudBy DC Thomson


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