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Reducing carbon footprint of deep-sea oil and gas field exploitation by optimization for Floating Production Storage and Offloading

Li, Z; Zhang, H; Meng, J; Long, Y; Yan, Y; Li, M; Huang, Z; (2020) Reducing carbon footprint of deep-sea oil and gas field exploitation by optimization for Floating Production Storage and Offloading. Applied Energy , 261 , Article 114398. 10.1016/j.apenergy.2019.114398. Green open access

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Abstract

Deep-sea oil and gas fields are acting as a vital role by providing substantial oil and gas resource, and Floating Production Storage and Offloading is an indispensable tool for the development of offshore oil and gas fields effectively. Here, Life Cycle Assessment is applied to evaluate environmental loads in the whole life cycle of the deep-sea oil and gas production. This paper explores the carbon footprint of Floating Production Storage and Offloading as the time axis. It is found that Floating Production Storage and Offloading is a conceptual product at the design stage and does not generate carbon emission, while the operational stage releases considerable emission by the fuel combustion process, accounting for 88.2% of the entire life cycle. To decrease this part of carbon emission, distributed energy system is considered as a promising choice because it integrates different energy resources and provides an economic and environmental energy allocation scheme to meet the energy demand. For the operation stage, this paper establishes a Multi-objective Mathematical Programming model to determine the selection and capacity of facilities with minimum annual total cost and carbon emissions by considering the energy balance and technical constraints. The model is validated by an example and solved by the weight method. According to designer's demand, distributed energy system can optimize economic objectives in a maximum range of 14.6%, and a maximum emission reduction of 4.53% can be expected compared with the traditional scheme. Sensitivity analysis shows that cost is more sensitive to natural gas price.

Type: Article
Title: Reducing carbon footprint of deep-sea oil and gas field exploitation by optimization for Floating Production Storage and Offloading
Open access status: An open access version is available from UCL Discovery
DOI: 10.1016/j.apenergy.2019.114398
Publisher version: http://dx.doi.org/10.1016/j.apenergy.2019.114398
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Carbon footprint, Distributed energy system, Life cycle assessment, Multi-objective mathematical programming, Floating Production Storage and Offloading
UCL classification: UCL
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
URI: https://discovery-pp.ucl.ac.uk/id/eprint/10092401
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