electrification

The 12-well campaign is expected to accelerate global adoption of electric subsea technology and reduce emissions from subsea operations.

BP’s 2024 Energy Outlook warns delayed decarbonization efforts will result in costly and disorderly energy transition.

Contractor will conduct front-end engineering of a first-of-its-kind all-electric subsea production system.

At COP28, more than 50 oil and gas companies took a historic step toward decarbonization by launching the Oil & Gas Decarbonization Charter. This article explores the importance of this effort, the opportunities available to the industry to reduce its Scope 1 and 2 emissions, and the key technologies needed to achieve the net-zero goal.

Electric conversion of these offshore platforms is expected to cut about 1.2 million tonnes of CO₂ emissions per year.

Failure to electrify facilities in the UK North Sea could soon result in a denial of petroleum licenses and the forced closure of some offshore assets.

The North Sea Transition Authority has previously said failure to invest in platform electrification could threaten future production rights.

After becoming the first oil and gas major to source all its onshore grid electricity needs from nuclear and solar energy, ADNOC now focuses on decarbonizing production offshore.

COP28’s “last in, last out” approach lets developing countries profit from oil and gas now to invest later in a clean energy future.

Fracturing companies can’t connect to the electric grid fast enough as they seek to reduce emissions, save costs.