Holistic approach needed to achieve net-zero facilities
Tackling the emissions associated with upstream facilities requires attention across working practices, facility design and technology
We announced Net Zero Upstream Facilities—our concept study in partnership with McDermott and IO Consulting—to define pathways to upstream carbon neutrality in October last year. The interest expressed by the industry has been tremendous, with all major players asking for details on our approach. The project echoes recent commitments taken by majors and others in the industry (see Fig. 1). Despite the economic downturn and the low prices faced by the oil and gas industry, we have witnessed no reduction in spending by oil companies on ‘green’ initiatives in the past 12 months. On the contrary, it looks as if they are all ramping up deployment of expertise and resources to address the greenhou

Also in this section
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
30 April 2025
State administrations are using a flawed metric to justify green energy projects
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids
24 April 2025
Liverpool Bay project on track for 2028 startup as Italian energy company reaches financial close with government for CO₂ transport and storage network