This study examines the evolution of technologies in the offshore exploration and production of hydrocarbons in the Eastern Mediterranean, and their future environmental impact on the region. It reviews the existing literature and draws upon the expert opinion of various business, policy and academic insiders, and finds that the main risks come from accidental discharges at sea from well blowouts, chemical releases and the associated greenhouse gas emissions. It also finds that new technologies propel this stage of natural gas development towards increasing digitalisation, better designs for safety equipment, and increased automation. The study then proposes a number of policy measures on collaboration, data sharing, environmental baseline surveys, open digital platforms, and better monitoring for leaked greenhouse gas emissions. All these will help to improve the environmental credentials of offshore operations, but must be accompanied by closer cooperation and collaboration amongst the countries that surround the East Mediterranean Sea.
Team:
Nestor Fylaktos
Website:
Contact Person:
Funding:
EU Parliament
Partners:
CyI