Emissions Report 2023
OEUK’s Emissions Report 2023
The emissions performance of the UK offshore oil and gas industry.
The UK offshore oil and gas industry has reduced production emissions by 24% compared to 2018, and we estimate that emissions from production in the UK fell to the equivalent of 14.28 million tonnes of CO2 in 2022. This compares with the 2018 figure of 18.9 million tonnes. The sector has also halved flaring and venting and cut methane emissions by 45% compared to 2018, demonstrating a continuous commitment to decarbonisation.
The reductions are in line with the sector’s targets under the North Sea Transition Deal, in which the industry committed to reduce emissions 10% by 2025, 25% by 2027, and 50% by 2030. So far, most of the reductions have been made through operational improvements, process optimisation and the decommissioning of older assets.
Read our report to find out more, including our policy actions for government.