Energy Transition | ‘Green-plating’ – a guide to cheap and effective decarbonization

April 3, 2025

In the oil & gas industry, ‘gold-plating’ emerged as a strategy for consortiums to increase revenue by driving up development costs. However, with a global focus on improving the carbon efficiency of upstream projects, we explore how this practice can be reframed as a powerful tool that aligns the interest of the government and oil & gas consortiums, unlocking substantial and cost-effective emissions reductions.