Offshore staff
LONDON – The UN’s Environmental Program (UNEP) has awarded Neptune Energy Gold Standard status for its plans to cut methane emissions from its operations to net zero by the end of the 2020s.
Neptune Energy’s director of Global HSEQ, Simon Taylor, said, “We already have one of the lowest methane intensities in the oil and gas sector at 0.02%, compared with the industry average of 0.20%, and we’re on track to achieve our target of net zero methane emissions by 2030.
“The gold award recognizes the clear plans we’ve put in place to cut methane emissions from our operations and our commitment to transparent reporting. That includes employing the latest technologies to detect and reduce methane emissions, eliminating routine flaring and upgrading equipment at our sites.”
Earlier this year, the company joined the Aiming for Zero Methane Emissions Initiative, targeting greenhouse-gas emissions reductions and developed by the Oil and Gas Climate Initiative.
Signatories will look to achieve near-zero methane emissions from their operated assets by the end of this decade, avoid methane venting and flaring, and report methane emissions.
Neptune has also deployed aerial drones to measure methane emissions at its operated Cygnus gas platform in the UK southern North Sea.
11.01.2022
