Shell (NYSE:SHEL) said Thursday it will exit a South Korean floating offshore wind project, in the company's latest retreat from the struggling wind sector as it focuses on more profitable businesses.

Shell will exit another floating offshore wind project, the company said on Thursday—adding another to the long list of departures from the offshore wind segment. Shell will sell its 80% stake in the ...

Shell Plc plans to sell leases it won to develop floating wind farms off the coast of Scotland, as the oil major continues to roll back a once-ambitious expansion into renewable power. The company ...

Opportunities in the floating offshore wind power market include growth in turbines, hydrodynamic structures, transitional ...

Shell plc SHEL agreed to sell off its position in the MunmuBaram project to its joint venture (JV) partner, Hexicon. Shell will sell its 80% stake in the 1.25 GW MunmuBaram offshore wind project to ...

Shell has exited two of the world's largest floating wind projects, leaving Scotland with a 3 gigawatt hole in its plans. The supermajor said it has returned the lease option for the CampionWind ...

Shell Plc canceled plans to build two wind farms off the coast of Scotland as the British oil major pulls back from significant investments in the sector. Shell had previously been in two joint ...

Japan's first commercial floating offshore wind farm has begun operations, using world-first hybrid spar-type floating ...

A Dutch startup has been awarded a contract to install floating solar panels at an offshore wind farm in the North Sea. Oceans of Energy secured the contract from CrossWind, a joint venture between ...