The overall emission GHG reduction potential on the NCS has increased over the past year, and clearly shows that the oil and gas industry is working systematically and purposefully to find and implement emission-reducing measures.
It could be technically feasible to reach a goal of reducing GHG emissions by 50 per cent in 2030, but this will both be considerably more complicated in technical terms and demand significantly higher investment than reaching the 40 per cent goal set by the industry itself for 2030. Power from shore is an absolutely key measure for reaching the ambitious climate goals.
The status report further demonstrate that Norwegian Petroleum technology and expertise are vital in creating new value chains of a new and forward-looking energy industry