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restrictions on CNOOC Ltd’s operational The company will 100 per cent offset managing our emissions footprint based on
capabilities, CNOOC Ltd being required to all 10,022 tonnes of its FY20 greenhouse the Cooper Energy Values and as a growing
split or terminate part of its business, etc. gas emissions including: 8,739 tonnes of domestic gas supplier, driven by care and
CNOOC LTD, October 13, 2020 scope 1 equity share emissions; 360 tonnes the recognition of the need to support
of scope 2 equity share emissions; and 923 environmental sustainability.”
JERA aims for zero CO2 tonnes of controllable scope 3 emissions COOPER ENERGY, October 12, 2020
(from business travel and carbon embedded
emissions in 2050 in manufacturing of steel and concrete Cue announces Ironbark-1
structures).
As a global company solving energy issues Cooper Energy recognises the challenge rig mobilisation
not only in Japan but also throughout the of climate change and the objectives
world, JERA considers global warming of the Paris Agreement. The company The Ocean Apex semi-submersible drilling
countermeasures to be one of its most acknowledges the role of energy companies rig was handed over to BP, the operator of
important management issues. JERA and society in reducing greenhouse gas the WA-359-P joint venture, for the drilling
established its current environmental goals in emissions given the proportion of emissions of the Ironbark-1 exploration well at 1600hrs
April 2019 and has been working to reduce generated from energy consumption and (AWST) on Friday afternoon.
CO2 emissions. production. The rig is now being mobilised to the
Thermal power generation using fossil Cooper Energy is investing in carbon Ironbark-1 well location, with standard rig
fuels accounts for about 80% of Japan’s offsets generated from Biodiverse Carbon’s inspection and acceptance procedures being
electricity demand but about 40% of its total Coorong Project located south-east of undertaken by BP. Mobilisation activities
CO2 emissions. Reducing CO2 emissions Adelaide in South Australia. The project are expected to take approximately 10 days.
from thermal power generation is essential uses 600 ha of environmental plantings Exploration permit WA-359-P is
to realizing a low-carbon society. to generate Australian Carbon Credit located in the Carnarvon Basin, offshore
As Japan’s largest power producer, JERA Units. The project is a registered Emissions Western Australia, approximately 50km
is in a position to actively lead the way in Reduction Fund project which connects the from existing North West Shelf LNG
realizing a low-carbon society. To further Coorong National Park and the Messent infrastructure. The Ironbark-1 well is
accelerate its initiatives so far, and to clarify Conservation Park. It will create tangible expected to drill to approximately 5500
its long-term vision, JERA has established environmental benefits including restoring metres and will be the first test of the world
“JERA Zero CO2 Emissions 2050”, the goal native vegetation and wildlife habitats, class Ironbark gas prospect.
of achieving zero CO2 emissions by 2050. increasing the habitat for the threatened The WA-359-P Joint Venture
JERA has also formulated a roadmap for Malleefowl and migratory shorebirds and participating interests are: BP (operator)
achieving “JERA Zero CO2 Emissions 2050” improving the condition of subcoastal 42.5%, Cue 21.5%, Beach Energy 21%, New
for its business in Japan and established wetlands. Zealand Oil and Gas 15%.
new environmental targets to be achieved Cooper Energy Managing Director CUE ENERGY, October 12, 2020
by 2030. JERA’s targets including “JERA David Maxwell said, “We are voluntarily
Zero CO2 Emissions 2050” are premised
on advances in decarbonization technology,
economic rationality, and consistency with
government policies.
Under “JERA Zero CO2 Emissions
2050,” JERA aims to achieve, by 2050,
virtually zero CO2 emissions from JERA’s
operations in Japan and overseas by
taking the following three approaches:
1. Complementarity between Renewable
Energy and Zero CO2 Emission Thermal
Power Generation 2. Establishment of
Roadmaps Suitable for Each Country and
Region 3. Smart Transition.
JERA, October 13, 2020

OCEANIA
Cooper Energy to be carbon

neutral in 2020

Cooper Energy announced today, with the
release of its second annual Sustainability
Report, it has become Australia’s first carbon-
neutral domestic gas producer by fully
offsetting its FY20 emissions.

Week 41 15•October•2020 www. NEWSBASE .com P21