electrification
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The Swedish operator is using a $35-million tree-planting initiative to offset the estimated 98,000 BOED it produces from the Edvard Grieg field about 111 miles offshore Stavanger.
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The operator's aggressive decarbonization effort has put it on the fast track to produce nearly a third of its oil and gas from the Norwegian Continental Shelf using electricity generated by onshore hydroelectric plants.
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BP says its new $1.3-billion Grand Slam electrified oil, gas, and water-handling facility is a clear example of its net-zero strategy in action.
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An ATCE session focused on subsea and offshore subsurface applications with much wider implications. The discussion included the electrification of both facilities and subsurface systems, as well as more-extensive deployment of sensing and flow control from the surface to the reservoir.
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