Decarbonisation – Our Progress

Oil and gas have powered more than a century of unprecedented economic development. While hydrocarbons remain a crucial part of today’s energy mix, the science is clear – the burning of these fuels is driving a dramatic change in our climate. We need to rapidly decarbonise our current energy system and transition to a sustainable energy model.

We support the core objectives of the Paris Agreement on Climate Change and the global goal to achieve climate neutrality by 2050. Meeting this ambition within the infrastructure of offshore energy will require individual players to dramatically reduce their GHG emissions from current activities and industry-wide action to develop a new climate-neutral model.

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