QatarEnergy is scaling up its energy transition investments, with renewables and carbon capture and storage (CCS) likely to play a key part in its drive to reduce its carbon footprint across oil and gas operations.
While the company is committed to investing billions of dollars in expanding the liquefied natural gas production capacity of its giant North Field, it also aims to significantly reduce emissions from the expansion project.
The operator, which has yet to announce a long-term net-zero plan, recently said it will “further reduce the carbon intensity of Qatar’s LNG facilities by 35%, and of its upstream facilities by at least 25% [by 2035] compared to previous targets of 25% and 15%”.
