The UK Oil & Gas Authority (OGA) has recently revealed plans to introduce new legally binding obligations on oil and gas companies operating in the UK Continental Shelf (UKCS) to help the UK become carbon neutral by 2050.

As oil and gas will remain a crucial part of the UK’s energy mix for the foreseeable future, it will be important to concurrently focus efforts in the three areas: maximising economic recovery from the UKCS, minimising greenhouse gas emissions, and reducing reliance on hydrocarbon imports.

Excerpted from Offshore Energy Today. To read the full article, click here.