The Oil and Gas Authority (OGA) welcomes the oil and gas industry’s commitment to becoming a net zero emissions basin by 2050 and halving operational emissions in the next decade.
OGA Chief Executive Dr Andy Samuel said: “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.”
Notes to editors:
- More information on the OGA’s net zero benchmarking can be found here.
- The OGA is currently consulting on its draft strategy to support net zero.