General – Deal Overlapping Zone
BP and Ørsted have resolved a dispute over an overlapping zone in the UK North Sea between the BP-led Endurance carbon capture project and the Danish firm’s planned Hornsea 4 windfarm, the companies said in a letter published by UK authorities.
Britain granted preliminary licences for both proposed projects more than a decade ago, when an overlap of about 110 sq km on the sea floor was not seen as posing an insurmountable obstacle to either technology.
“Ørsted and BP confirm that a commercial agreement has been reached,” Ørsted and BP said in a letter published on Monday on the British government infrastructure planning permit website for Hornsea 4.
They did not elaborate on details of the commercial agreement.