The UK’s offshore oil and gas industry has committed to reduce operational emissions by 50% over the next decade as part of its drive to become a net zero basin by 2050. The sector is one of the first in the UK to commit to industry wide-targets and outline how they will be achieved.
A report published today (16th June 2020) by industry body OGUK, The Pathway to Net Zero: Production Emissions Targets, details how these targets will be achieved through changes in operations, progressive reductions in flaring and venting and major capital investment programmes.
OPEX’s new emissions reduction solution is featured in the report highlighting how predictive technologies can help to improve the energy efficiency of offshore installations and drive a reduction in CO₂ emissions.