Upstream electrification can cut oil and gas production emissions by more than 80%, report says

By Reuters  September 19, 2024

Sept 19 (Reuters) - Oil and gas production facilities could reduce associated emissions by more than 80% by switching to electricity generated from renewables or natural gas designated for burning, a report from research firm Rystad Energy said on Thursday.

The report said oil-producing rigs and other assets in the Norwegian Continental Shelf emit 86% less carbon dioxide per barrel of oil equivalent after fully electrifying.