BP's head of offshore wind Matthias Bausenwein is leaving the company, a spokesperson told Reuters on Monday, after the oil major announced it was spinning off its offshore wind operations into a joint venture with Japanese power firm JERA.

BP and JERA Co. have struck a deal to combine their offshore wind businesses to form a new standalone, joint venture. The combined entity will be called JERA Nex bp. It will be equally owned ... Read

BP and JERA merge their offshore wind businesses to form JERA Nex BP, investing $5.8 billion by 2030 to become a major player in renewable energy.