UK must fully electrify oil basins to meet emissions targets

  • Date: 06-May-2021
  • Source: Energy Voice
  • Sector:Oil & Gas
  • Country:Gulf
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UK must fully electrify oil basins to meet emissions targets

UK oil and gas firms would have to fully electrify the west of Shetland and central North Sea basins to achieve government and industry’s green goals, an analyst has said.

But with many “key hubs” in decline, time is running out to make the economic case for electrification, said Neivan Boroujerdi, principal analyst, Europe upstream, at energy research firm Wood Mackenzie.

If the sector can’t pull off the feat, fields will have to be shut down earlier than expected if a 50% reduction in emissions from production operations is to be met, Mr Boroujerdi warned.