Explore how the industry is conducting its activities in an environmentally acceptable manner and in a way that reflects what can reasonably be achieved using current and emerging technologies.
The first “oil crisis” in 1973/1974 produced a substantial shift in the European fossil fuel market. As oil prices were relatively high, it became ever more commercially attractive to explore the North Sea basin for reserves of oil & gas and develop the production infrastructure to bring discoveries to the market. In addition to national legislation, international regulations were introduced to address what was perceived to be a threat to the North Sea environment from offshore production activities. An integral part of these regulations was a requirement to report on activities to the relevant authorities at the national and international levels. Since 1989, oil & gas exploration & production companies in Denmark, Germany, the Netherlands, Norway and the UK, through their respective national associations and the OGP have collated information on their operations in the North Sea. OGP has reviewed the data internally on an annual basis, however, the industry wishes this information to be available to a wider set of interested constituents. This report provides that mechanism and seeks to show that the offshore industry is conducting its activities in an environmentally acceptable manner and in a way that reflects what can reasonably be achieved using current and emerging technologies.