Insight
UK operators face tough emissions reduction targets
Report summary
Following an industry consultation in Q4 2023, the North Sea Transition Authority has now issued its requirements for cutting North Sea emissions further. Focussing on power generation, flaring and venting and cessation of production for more intensive assets, the rules are about to get tougher for operators. This insight provides our view on what it could mean for the UKCS.
Table of contents
-
Executive Summary
- Electrification
- Setting cessation of production (CoP) dates
- Zero routine flaring & venting by 2030
- Conclusion
Tables and charts
This report includes 3 images and tables including:
- UK societal carbon values
- UK upstream offshore Scope 1&2 emissions vs. cumulative field cessations
- Historical UK ETS prices (index)
What's included
This report contains:
Other reports you may be interested in
Asset Report
Mariner
The Mariner heavy oil field lies in the UK northern North Sea,100 kilometres east of the Shetland Islands. Unocal discovered the field ...
$4,400
Asset Report
Schiehallion Area
Schiehallion Area is located 140 kilometres west of Shetland and incorporates the Schiehallion, Loyal and Alligin fields.The first ...
$5,750
Asset Report
Corrib
Vermilion Energy operates the offshore Corrib field, which is Ireland's dominant source of gas supply. Corrib is located around 70 ...
$3,100
