We work to minimise the environmental impacts of our operations and play our part in basin-wide initiatives.
2025 key numbers
195,746
Scope 1 CO2e emissions (tonnes)
31%
reduction against 2018 baseline
19.6
(kgCO2/boe) Scope 1 carbon intensity
64%
reduction in flaring volumes
6.2
mg/l avg. oil in water concentration
90%
waste reused, recycled or sent to waste to energy
Our Environmental Management System (‘EMS’)
Our EMS houses our policies, practices, processes and procedures and standards to comply with relevant laws and regulations and implement best practice where possible. The EMS covers aspects of environmental management such as chemical management, pollution prevention and control, and emissions management.
The content and structure of our EMS recognise the principles of ISO 14001 (Environmental Management Systems) and have been successfully verified against the requirements of OSPAR 2003/5.
Greenhouse gas (‘GHG’) emissions
Serica quantifies, monitors and reports GHG emissions in line with relevant UK regulatory requirements, such as those associated with the UK Emissions Trading Scheme (‘ETS’) and the Environmental Emissions Monitoring System (‘EEMS’). Additionally, we are a member of OGMP2.0, a voluntary programme aimed at improving methane measurement and reduction.
We support the basin-wide emissions reduction targets set out in the North Sea Transition Deal (‘NSTD’). These include a 10% reduction in asset production emissions by 2025, a 25% reduction by 2027 and a 50% reduction by 2030, all from a 2018 baseline.
To support these basin-wide targets, we have developed and are implementing our Emissions Reduction Action Plan (‘ERAP’) on our Bruce installation. The ERAP sets out the investments we will make to reduce emissions on the asset, including flare gas recovery and revamping compressors to improve efficiency. As we look to extend the life of our assets, we will continue to assess further emissions reduction opportunities to inform our asset strategy. In addition, we work with our partners to support the development and implementation of ERAP projects on our non-operated assets and host facilities.
As we expand our portfolio, we will assess and progress reasonable emissions reduction projects on our new assets.
More details can be found in the ESG section of our Annual Report.
