Recent years have witnessed various large oil companies showing increasing interest in renewable energy – not least in offshore wind. While Shell is developing projects in the Netherlands and has purchased a license in the US, Equinor has a full plate in both its home country and is pursuing projects in a handful of other markets. Most recently, Italy's Eni entered a partnership with developer Mainstream to build British offshore wind projects.
A single European oil and gas supermajor has, however, been conspicuously absent in its attention – at least until this year. Whereas Total has been a forerunner in terms of photovoltaic solar development, the French fossil fuel outfit has thus far only submitted one, losing bid in this summer's Dunkerque tender. That, though, will soon change, Total Chief Executive Patrick Pouyanné asserts.