Other members are BP plc, China National Petroleum Corp., Eni SA, Equinor ASA, Petróleo Brasileiro SA, Repsol SA, Saudi Arabian Oil Co., Shell plc and TotalEnergies SE. In March, the OGCI launched Aiming for Zero Methane, which to date has 60 signatories and supporters, the report noted. Members also are involved in more than 30 of the 50 global carbon capture hubs proposed or in development, with the first start in Norway set for 2024. 2023 will be critical to demonstrate the power of the oil and gas industry to deliver an energy transition that balances energy security and affordability with the urgency to address climate change. Executive Committee Chair Bjorn Otto Sverdrup In its drive toward net zero operations, the member companies set a target to reduce upstream carbon intensity to 17 kilograms (kg) of CO2 equivalent/boe (CO2e/boe) by 2025, a 26% reduction from 2017.