Sustainability

Electrification is the most practical solution for decarbonization, especially as renewable generating capacity increases and momentum to electrify vessels, including FPSOs, continues to build. However, the industry still faces headwinds, including high upfront costs, a lack of supporting infrastructure and properly trained personnel, and gaps in standards.

During the late morning of last Monday, March 18, a CERAWeek session entitled “Strategic Choices in a Net Zero World” prompted a lively discussion among several panelists. Among the panelists were Liza Mustapha, Executive Vice President & Group Chief Financial Officer, Petronas; Jean Paul Prates, Chief Executive Officer, Petrobas; and Meg O’Neill, Chief Executive Officer & Managing Director, Woodside Energy.

Since its inception in 2005, Optical Gas Imaging (OGI) has been an integral part of emission reduction in the oil and gas industry. Over that time, OGI cameras have been the center of the LDAR and EHS markets as the flagship technology for emissions mitigation. Beginning in 2008 with the Alternate Work Practice and most recently as the BSER for NSPS OOOOb and Appendix K of the March 6, 2024, U.S. EPA regulation, OGI technology has proven to be an efficient and effective means of regulatory compliance while also empowering oil and gas operators to increase safety and enhance productivity. The newest in OGI cameras have advanced features that help users meet these stringent regulatory requirements and increase LDAR inspection efficacy. In this webinar, FLIR Global Business Development Manager, Craig O’Neill will discuss how the NSPS OOOOb elevates the use of Optical Gas Imaging for leak detection. Who Should Attend: Air Quality Professionals, Compliance Officers, Directors of Compliance, EHS Professionals, Environmental Professionals, Fugitive Emissions Professionals, HSE Professionals, LDAR Professionals, Maintenance Managers, OGI Technicians, Operations Managers, Platform Managers, Reliability Professionals.

Caterpillar Oil & Gas announced the launch of the Cat Hybrid Energy Storage Solution to help drillers and operators cut fuel consumption, lower total cost of ownership (TCO) and reduce environmental impact in today’s oil and gas operations.

Minister Al-Kaabi emphasized that, in order to face such challenges, especially in the context of the energy transition, the various stakeholders need to create a balance between energy security, affordability and sustainability, while encouraging investments in a diverse energy mix, including renewables, natural gas and other forms of energy sources to help mitigate risks associated with the volatility of energy markets.

The hybrid power solution, designed with cutting-edge technology, will be installed on four of SEACOR Marine’s Platform Supply Vessels (PSV) to enhance the way the company manages energy consumption and emissions onboard these vessels.

Achieving LEED certification for an industrial process and facility is uncommon. The United States Green Building Council (USGBC), a leader in green building, has recorded less than 10 LEED-certified industrial projects in the States since 2010, with Tenaris’s Bay City mill the newest to join these ranks.

This year, the indices recognized Halliburton as a sector leader in Transparency & Reporting and Resource Efficiency & Circularity.

Shell Plc has begun cutting jobs beyond previously announced reductions in its low-carbon division as CEO Wael Sawan seeks to trim costs and be more competitive with U.S. rivals, people familiar with the matter said.

Evolving sustainability initiatives and regulatory actions like consent decrees from the U.S. Environmental Protection Agency (EPA) have led many companies to seek ways to decarbonize their facilities. Reducing fugitive emissions is a good place to start, but eliminating leaks and implementation low-emissions (low-E) protocols can be complicated.

Six major oil companies each contributed tens of millions of dollars to a grant fund meant to help state-owned rivals cull the release of super-warming methane emissions, but Chevron Corp. and Exxon Mobil Corp. didn’t join in.

A modernized communications infrastructure that can see, think and act, and enable the upstream industry to build the resilience and digital capabilities in needs, is a must. And the components for it are here now.

The availability of energy storage solutions and intelligent engine management systems enables companies to increase efficiencies and lower costs and emissions while maintaining power and performance.

As a major contributor to the world's energy needs, the oil and gas industry plays a crucial role in ensuring that this goal is realized. Despite crude oil's increasing importance to the global economy's ever-increasing demand, hydrocarbons are widely acknowledged as a major source of pollutants in terrestrial, atmospheric and ocean ecosystems.

A unique collaboration is enhancing gas production, reducing emissions, and boosting revenue generation while controlling costs.

(WO) — PT Pertamina (Persero) reaffirms its commitment to lead Indonesia's decarbonization efforts through a $2 billion collaboration with ExxonMobil. The companies have partnered to develop a carbon capture storage (CCS) hub in the Java Sea with a capacity of up to 3 gigatons of CO2.

(Bloomberg) — ExxonMobil Corp. cautioned that branding the oil industry as “villains” and attempting to limit the supply of fossil fuels will impede progress toward achieving net zero emissions, potentially perpetuating poverty for millions in the developing world.

Decarbonizing the well construction process while ensuring safety and performance standards is critical to our industry’s pathway to net zero. EcoShield™ geopolymer cement-free system is a breakthrough that delivers industry-standard zonal isolation capabilities while significantly minimizing the impact from upstream oil and gas production. EcoShield aims to minimize the CO2 footprint for oil and gas well construction and beyond. An industry-first technology eliminates up to 85 percent of embodied CO2 emissions compared with conventional cement systems. EcoShield system has the potential to avoid up to 5 million metric tons of CO2 emissions annually. EcoShield family of products can be deployed throughout various phases of the well life cycle including abandonment across a range of field applications, including corrosive environments while delivering superior technical performance. The technology fits within standard oilfield cementing workflows without major changes to the design process, onsite execution, or post-job evaluation. EcoShield is an example of forward-thinking, innovative technology that will be able to be scaled and deployed to help continue the decarbonization of the oil and gas industry. These types of more sustainable, lower-carbon technologies are critically important today as we continue to discover and develop the new energy solutions of tomorrow.

Tackling scope one emissions from oil and gas operations requires innovative, purpose-built technologies that are economic and scalable. By incorporating a combination of advanced technologies such as engine management, fuel enhancing additives, traditional highline power sources, and energy storage systems into drilling operations we can effectively reduce scope one emissions from operations. We will showcase our comprehensive portfolio of drilling technologies, designed to reduce carbon emissions and fuel costs across the globe, regardless of rig type.

Jereh showcased its portfolio of sustainable technologies including oil field equipment, technical services, EPC for upstream and midstream of oil and gas development and production chain, as well as new energy and environment management industries at ADIPEC 2023.

The methane point instrument represents a step change in methane measurement technology, providing operators with industry-leading leak detection sensitivity in a small, durable, first-of-its kind ‘plug-and-play’ solution.