Stakeholders across the offshore value chain are concerned about rising operating costs, carbon intensity, and regulatory scrutiny. While global demands for hydrocarbons remain, the pressure to decarbonise continues to strengthen. The coming years will be critical, with key priorities including reducing the carbon footprint of exploration and production, lowering drilling costs without compromising safety, meeting methane reduction targets under frameworks such as OGMP 2.0, and ensuring long-term asset viability. Companies are also focused on meeting ESG objectives, building strategic resilience against volatile commodity cycles, and positioning themselves as responsible, sustainable operations for investors.
How the Offshore Industry is Advancing Sustainability
Simply depending on conventional fuel sources for offshore rigs will no longer be sufficient. Sustainability in offshore operations extends beyond emissions reporting; it includes innovations such as battery-hybrid power for drilling units, selective integration of offshore wind and solar for auxiliary power, and electrification of platforms where feasible. Sector coupling, which connects offshore production with carbon capture, utilisation, and storage infrastructure, is emerging as a transformative development. CCUS projects such as Northern Lights have highlighted the importance of robust monitoring, reporting, and verification and CO₂-service well design.
At the same time, digitalisation of drilling and completions data has emerged as essential. Operators are investing heavily in real-time monitoring, predictive analytics, and remote operations to optimise well design and reduce environmental impacts. For many offshore operators, hidden emissions from flaring, fugitive methane, and inefficient logistics are now under closer scrutiny. Addressing these challenges through advanced leak detection, enhanced subsea technologies, and innovative supply chain solutions has evolved into a competitive advantage. Market demands for integrated sustainability solutions are driving new business models that connect operational efficiency with emissions reductions.
There is now greater integration between drilling technologies, offshore infrastructure, and low-carbon initiatives, with diverse technical standards and operating environments to manage. Decarbonising offshore drilling and completions presents a major challenge for operators, regulators, and service providers alike. At the same time, proven and emerging technologies are redefining what is possible, including electrified rigs powered by offshore renewables, hybrid marine vessels, and CO₂ injection wells developed for long-term storage.
Offshore operators now serve as both producers and stewards, balancing the need to deliver hydrocarbons with the responsibility to minimise environmental impacts. Large-scale projects are now adopting integrated sustainability approaches, incorporating hybrid energy systems, reducing methane intensities, and applying carbon capture hubs. This transition delivers fewer operational disruptions, strengthens stakeholder confidence, and provides greater flexibility in meeting net-zero pathways. Beyond hydrocarbons, offshore assets are now repurposed for long-term CO₂ storage, with depleted fields and reservoirs adapted for extended use.
Sustainable offshore drilling and completions represent more than compliance; they are fundamental to securing future competitiveness. The technical solutions and strategic pathways driving this transformation will be showcased at Drilling & Completions Norway 2026, bringing together global upstream operators, well engineering specialists, service providers, technology developers, regulators, and investors to address current challenges and explore emerging opportunities in this vital sector.