By August 17, 2016 Read More →

Norwegian oil firms plan cut carbon emissions in decade to 2030

Norwegian oil

Norwegian oil firm Statoil says to reduce GHGs, it will electrify offshore platforms, use more efficient technology and carbon capture and storage. Statoil photo by Marit Hommedal.

Norwegian oil and gas companies to cut GHGs by 2.5 million tonnes by 2030

OSLO, Aug 17 (Reuters) – Norwegian oil and gas companies plan to cut greenhouse gas emissions by 2.5 million tonnes in the decade to 2030 as part of efforts to rein in global warming, the Norwegian Oil and Gas Association said on Wednesday.

Statoil said it would account for 2 million tonnes of the total cuts planned for the Norwegian continental shelf.

The goals could be achieved by measures including more efficient technology, electrification of offshore platforms, carbon capture and storage, the Association said in a statement.

(Reporting By Ole Petter Skonnord, editing by Alister Doyle)

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