Welligence GHG | The overlooked environmental impacts of offshore tiebacks

October 9, 2024

Our analysis indicates that Jackdaw’s updated development plan has not only led to a 19.62% decrease in valuation, but it could also have the unintended consequence of nearly doubling the emissions of the project. With this in mind, one must ask, why is Shell so keen on pursuing this development? And what lessons can other industry players and regulators learn from this development?