A report published by industry body OGUK has outlined how the target will be achieved through changes to operations, progressive reductions in flaring and venting, and major capital investment programmes aimed at using electricity rather than gas, to power offshore facilities.
The West Newton project in East Yorkshire, UK, has been given an AA rating for carbon intensity for its potential upstream crude oil production.
The company has been certified for ISO50001 by ERM CVS.
The flaring-related CO2 emissions intensity of oil production in the US Permian Basin is set to reach historically low levels in 2H20, averaging at between 4 and 5 kg of CO2 per barrel of oil produced, Rystad Energy estimates.
Wood will focus on reducing carbon intensity from its sites, equipment and vehicle use, the increased utilisation of renewable energy sources and more sustainable procurement policies.
Norway's CO2 intensity per produced boe in 2018 was approximately 7 kg compared to Canada's 39 kg/boe, according to a report by Rystad Energy.
Aberdeen Drilling Consultants has combined guidance from leading advisory, regulatory and legislative bodies to produce a Covid-19 Resilience Audit.
The three companies have submitted plans for development and operation of the carbon capture and storage project to Norway's Ministry of Petroleum and Energy.
The increase in demand has been triggered by the outbreak of the Covid-19 pandemic.
The accreditation will support Sparrows in its efforts to further diversify into new markets, including the defence and nuclear markets, while creating new opportunities for existing operations in oil and gas, renewables and industrial sectors.
Developed specifically to meet the needs of field operators, ABB's Ability™ Augmented Field Procedures is designed to improve interaction between field and control room operations.
Al Rivero, Rajant Corporation, explains the operational benefits achieved from connecting isolated oilfields to a central operations centre through wireless broadband networks.
The company is aiming to align itself with the goals of the Paris Agreement on climate change.
Field trials of eight emerging methane detection technologies, including satellite and aerial surveillance monitoring, are being conducted at nearly 1000 sites in Texas and New Mexico, US.
The Platinum Award is in recognition of gaining consecutive Gold Awards over the last five years and maintaining that level.