The Oil and Gas Authority (OGA) has responded to the UK oil and gas industry’s commitment to becoming a net zero emissions basin by 2050, with targets that would halve operational emissions in the next decade.
OGA Chief Executive Dr Andy Samuel says, “In January the OGA challenged the UK oil and gas industry to commit to clear, measurable, production emission reduction targets. Industry has responded and engaged positively, and we welcome this significant and ambitious commitment. It is now crucial industry keeps pace on efforts to reduce its own footprint and also puts a strong focus on achieving impactful emissions reductions in the near term. Therefore, we will incorporate these targets into our data benchmarking to track and monitor performance and progress.”
