Improvements in the offshore market in Africa are particularly positive from a climate perspective.
SOURCE: Rystad Energy’s UCube, VIIRS Nightfire, Colorado School of Mines, Rystad Energy research and analysis
Improvements in the offshore market in Africa are particularly positive from a climate perspective, including significant reductions in Algeria, both in upstream flaring activity and performance, Rystad Energy reported in late April. Africa’s CO2 emissions from offshore flaring decreased by 4 million tonnes from 2019 to 2021. This trend is primarily driven by the abandonment of mature assets, production declines for mature assets and increased production from less mature fields.
