New Offshore Methane Emissions Study Announced
Neptune Energy has announced a collaboration with the Environmental Defense Fund (EDF) to test a “first of its kind” approach for measuring oil and gas methane emissions from offshore oil and gas facilities.
As part of the collaboration, the EDF will coordinate a team of international researchers - which includes Scientific Aviation, a provider of airborne emissions sensing, and Texo DSI, a UK-based drone platform provider - to evaluate methods for quantifying facility-level offshore methane emissions, identify key sources, and prioritize mitigation actions, Neptune outlined.
The project will see drone, aircraft, and methane sensing technologies deployed on the Neptune-operated Cygnus platform in the UK Southern North Sea. The study is due to commence in July this year with initial results expected in October. Outcomes will be published in a scientific peer-reviewed paper in 2022.
The Carlyle Group, a shareholder in Neptune Energy, is supporting and observing the project to help drive research learnings and improved standards, Neptune noted.
“Neptune Energy already has one of the lowest methane intensities in the sector, at 0.01 percent, compared with the industry average of 0.23 percent,” Pete Jones, Neptune Energy’s vice president of Europe operations, said in a company statement.
“But we want to go further and have set a target of net zero methane emissions by 2030. This study will help us identify where we need to take further action and how we can apply new measurement techniques across our global operated portfolio,” he added.
Mark Brownstein, EDF’s senior vice president for energy, said, “data transparency is paramount”.
“Oil and gas companies have made commitments to tackle emissions, but you can’t just assert strong environmental performance. You must show it. Having credible data is the first step and we recognize Neptune Energy for valuing emissions reporting that is based on rigorous science,” Brownstein added.
To contact the author, email andreas.exarheas@rigzone.com
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- ExxonMobil Racks Up Discoveries in Guyana Block Eyed by Chevron
- Oil Market Sentiment Has Improved Significantly
- EU, US Eye Collaboration on Nuclear Materials
- USA Driving Activity to Increase to All-Time Highs
- EU Electricity Export to Ukraine Up 94 Percent in Two Years
- China Coal Output Falls for First Time since Government Ordered More
- TC Energy to Sell Prince Rupert Gas Pipeline Project to First Nation
- BP Pulse Buys One of Europe's Largest Truck Stops
- UK CCUS Plans Outdated: Think Tank
- I Squared Eyes Full Ownership of Europe Gas Storage Firm
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- Rystad Looks at the Buzz Around White Hydrogen
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension