North Sea operator EnQuest has confirmed it temporarily shut in production at the Magnus field in the North Sea after breaching flaring consents.
As leaders at the United Nations climate summit in Glasgow, Scotland, thrash out how to rein in catastrophic levels of global warming, one of the most important deals is taking place on the sidelines.
Increasing pressure is being put on upstream operators to decarbonise their operations, from investors, the regulator and the wider public. But while North Sea energy companies are moving to cut emissions, they still have challenging assets on their hands.
A Greenpeace investigation has named the five worst firms for flaring and venting in the UK North Sea, emitting nearly 20million tonnes of CO2 equivalent between 2015-2019.
The Oil and Gas Authority (OGA) has started benchmarking North Sea operators on their flaring and venting levels in a crackdown on offshore emissions.
The world continues to need investment in the oil and gas sector, according to most forecasts, but this is an increasingly difficult pitch for investors given concerns over carbon emissions.