The oil and gas industry needs a decommissioning strategy to help meet the UK’s Paris Accord commitments and the net zero carbon emissions by 2050 target, as the country moves ahead in its energy transition. Decommissioning is only one strand of the oil and gas sector’s efforts to reduce their carbon footprint and, at the same time, is an essential requirement to ensure continuing investor and government support in new North Sea projects.
Tag: Cuadrilla Resources
Nicholas Newman Shale Gas Investment Guide December 2014. The UK is one of the four major European countries in which investors have high expectations that shale gas exploration could be a commercial success by 2020. British-owned Cuadrilla Resources, an independent pioneer of fracking in the UK, has been joined by […]