OGA to explore powering offshore oil and gas platforms from renewables

Source: OGA

The UK Oil and Gas Authority (OGA) has been supporting the country’s ongoing transition to a low carbon energy mix.

OGA said on Thursday that it started supporting UK’s energy transition over the past year alongside its core role of maximizing economic recovery of the country’s oil and gas reserves.

This included publishing a flaring and venting policy and awarding the first CCS carbon dioxide (CO2) appraisal and storage license.

According to the Authority, it will publish a policy position on its role in the energy transition in the spring, and an Enhanced Oil Recovery (EOR) strategy, which will cover carbon dioxide EOR, in the autumn.

The OGA’s role in the energy transition increased with the beginning of a new project to explore the potential for a more integrated offshore energy sector, including innovative closer links between oil and gas production and offshore renewables.

The regulator also secured a £900,000 ($1,2 million) grant from the Better Regulation Executive’s Regulators’ Pioneer Fund to begin the project.

The project will look at the mix of energy sources and storage solutions needed for the transition to a low carbon economy. It includes powering of offshore oil and gas platforms from renewable sources, monetization of offshore produced gas via in-situ power generation, offshore hydrogen production and transportation as a clean-energy storage solution, and carbon dioxide capture, transportation and storage using legacy oil and gas infrastructure.

“The OGA is working with the Department for Business, Energy and Industrial Strategy (BEIS), The Crown Estate, Ofgem and other stakeholders to test for potential technical and regulatory opportunities in the short-term, while also looking at longer-term opportunities to maximize the value of the UK Continental Shelf through energy integration. The project will conclude in spring 2020,” OGA said.

Andy Samuel, chief executive of OGA, added: “This is a really exciting opportunity to advance the energy transition agenda, looking at practical steps that can be taken and how we as regulators can support that.

“Oil and gas will be required to power our economy and heat our homes for the foreseeable future, but to me, it is clear there are great opportunities now to more closely link up all forms of offshore energy production to generate power more cleanly and efficiently.”

Share this article

Follow Offshore Energy Today

Posted on March 21, 2019 with tags , .

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply