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Pathway to net zero

We support the goal of the Paris Agreement to limit temperature increases to well below 2°C by reducing greenhouse gas (GHG) emissions in line with the reduction ambitions for the Norwegian oil and gas industry. Our main goal is a 50% reduction in greenhouse gas emissions (GHG) from scope 1 and 2 by 2030.

We will achieve our targets through execution of the decarbonisation strategy;

  • electrification of offshore assets
  •  implementation of energy efficiency and thus emission reducing measures
  • reduce emissions caused by safety flaring, cold venting and processing equipment
  • modifications and upgrading of relevant equipment and solutions

We are a signatory to the global joint industry “Aiming for Zero Methane Emissions Initiative”, headed by the Oil and Gas Climate Initiative (OGCI), whose members include companies such as ENI, BP, Chevron, Equinor, ExxonMobil, and Shell. By taking individual and collective actions, OGCI members will help accelerate the energy transition through near zero methane emissions by 2030.

 

Reducing emissions

Through our commitment to energy management and reducing the emissions to air from our operations we commit to also reduce our non-GHG emissions such as sulphur oxides (SOx) and nitrogen oxides (NOx).

Dronebilde av Goliat.

We signed up to the first industry-government NOx Agreement in 2008 and have recently renewed our continued commitment to the agreement for 2025-2027.

We fully support the intent of the NOx Agreement and Norway’s commitment to reducing the NOx -emissions through the Gothenburg Protocol.

We are a member of the Board of Directors for VOCIC – VOC Industry Cooperation, a forum for sharing investment in emission-reducing technologies and fulfilment of authority requirements related to emissions.

Ivar Kvadsheim i Vår Energi sine lokaler

Environmentally friendly oil and gas production?

There are many paths leading to the objective. A more sustainable oil extraction is achieved through our own measures and through collaboration with supplier- and value chains.

Sustainability Manager, Ivar Kvadsheim explains.

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Biodiversity

We are committed to life cycle conservation of biodiversity ecosystems and the services they provide at all our operational sites. We continuously evaluate our interaction with ecosystem services while striving to minimise negative impacts by reducing emissions and discharges. Through our Sustainability Policy we commit to conserve biodiversity and have adopted Biodiversity and Ecosystem Services Guidelines that define the company’s guidelines for management of Biodiversity and Ecosystem Services (BES).

We monitor and conduct site surveys of the local marine environment according to national environmental guidelines and cooperate with the other operators to develop methods and execute environmental monitoring of the water column and the seabed.

Waste management

We follow national waste regulations and industry standards for efficient waste management based on the waste management hierarchy of prevention, reuse, recycling, energy recovery and disposal to prevent or mitigate potential negative impacts.

Through our operations we sort and separate our waste streams into 31 different waste fractions before being transported to shore.

Our main waste contractors are in charge of waste handling onshore in line with legislative obligations.

Water and effluents

We manage produced water discharges based on a holistic and risk-based approach, where the main objective is to minimise the environmental impact to as low as reasonably practicable. We support and participate in the industry efforts towards protecting the ocean environment and achieving zero discharge.

For greenfield developments our ambition is the 100 per cent reinjection of produced water shall be the base case, while it shall be at least 55 per cent for fields in operation. The Goliat and Ringhorne operations inject 100 per cent of produced water into dedicated water injection wells.

To ansatte på Goliat.

Glenn Eide i Vår Energi

How we want to work with energy towards the future

Vår Energi is oil and gas. But we are also an energy provider for future generations. This is the foundation for every strategic decision we make.

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Our measures for sustainable production of energy

Vår Energi is committed to a more sustainable production of energy through minimising our own greenhouse gas emissions. Here are some of our measures to reduce the emissions from our production.

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Anne Tone Fjermestad

What is energy management?

How can energy management contribute to a more environmentally friendly oil production?

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