Acting together for an effective net zero carbon footprint while ensuring access to affordable and modern energy for all.
With their vast knowledge and deep pockets, can oil and gas companies play a central role in avoiding climate catastrophe? Some argue that the very scale of climate change will take a specific set of strategies for a safe and smooth transition.
With the latest announcements from BP, Shell, Total, and Equinor that they will include scope three emissions in their greenhouse gas accounting disclosures, and set targets to reduce carbon intensity of their offshore products, it seems like operators are finally recognising the elephant in the room.
There are all sorts of green technology that offshore operators can deploy to be more environmentally friendly, such as carbon capture. One of the most important is ensuring that assets don’t suffer any sudden or unexpected failures which could result in serious spills