Kent aims to ‘demystify’ upstream decarbonisation costs

Energy services firm draws up guidelines to bring greater clarity to decarbonisation project costs in the UK’s upstream oil and gas sector

Energy services company Kent is set to produce a set of guidelines on behalf of the London-based Energy Institute to be used in calculating the costs of decarbonisation projects in the UK’s upstream oil and gas sector. The report will seek to provide actionable guidance to help the sector achieve its environmental goals. Due to factors such as the cost of emission trading credits, cost calculations for decarbonisation projects can be notoriously difficult to pin down. As a result, the report will aim to ‘demystify’ the process by applying  standard and non-standard objectives to form a comprehensive evaluation. “These projects compete for capital and resources with other industry sectors. Th