OGA Unveils £1m competition for electrification of offshore oil and gas to save energy

The Oil and Gas Authority (OGA), which promotes the United Kingdom's oil and gas industry in a recent press meet, has stated that it has launched a £1 million competition to back the electrification of offshore oil and gas production. This initiative predominantly seeks to fund various studies that will accelerate the electrification of offshore implementation and installations powered by gas or diesel.

The recent reports suggest that the power generated contributes to about two-thirds of oil and gas production emissions. OGA estimates that the electrification process will cut up approximately three million tons of carbon dioxide reduction per annum (Mtpa), equal to annual carbon emissions from houses in a city as big as Liverpool.

OGA Chief Executive Dr. Andy Samuel has stated that the electrification of oil and gas installations is crucial for the industry's license to meet its North Sea Transition Deal emissions reduction targets. This is an excellent opportunity for the industry to support offshore wind expansion, with innovative and long-lasting infrastructure that will provide the necessary benefits beyond oil and gas long into the future.