Neptune Energy today said it would spend more than $1 billion (£800m) over the next five years to secure energy supplies for the UK and speed the transition to net zero. CARBON INTENSITY The company operates around 11% of the country’s gas supply from fields in the UK’s Southern North Sea and the Norwegian North […]
Tag: platform electrification
OGA interventions avoid 970,000t of future CO2
The Oil and Gas Authority (OGA)’s interventions during 2021 have helped the industry avoid producing 970,000 tonnes of future carbon dioxide equivalent – the same as taking 500,000 cars off the road for a year. The figures were published today in the authority’s annual report and accounts which also include: – a decrease of 10% in CO2 emissions from offshore installations and […]