Insight

UK operators face tough emissions reduction targets

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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

    • 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:

  • Document

    UK operators face tough emissions reduction targets

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