On a world basis, the Norwegian oil and gas industry accounted for 2.5% of the global production in 2020, and even though the CO2 equivalent per unit barrel produced is among the lowest in the world, over 25% of the domestic emissions (scope 1 emissions) in Norway are related to offshore oil and gas production. The oil and gas industry are now undergoing a green transition with high emission reduction ambitions. The aims are a 50% emission reduction by 2030, and towards zero for 2050. With this they are transitioning from exclusive traditional oil and gas to energy supply with a broader portfolio. This includes integrating renewables such as wind, solar and electrification, both research- and operational wise, and optimize production of oil and gas.
Important aspects for acceleration of the green shift in general, will be the ability to develop, adopt and implement new and sustainable technology fast. Specifically, the emission reductions in oil and gas production will be achieved through integrating renewables, system integration, enhanced energy efficiency, novel technologies and general improvements through competence optimalization, digitalization etc. These initiatives are strengthened through earmarking of funding from remedies, to accelerate transition to a sustainable oil and gas industry.
This paper describes and discusses how Norwegian R&D support and efforts represents important parts of the ongoing green transition of the oil and gas industry in Norway.