Sustainability

Persefoni, a leading Climate Management & Accounting Platform for enterprises and financial institutions, announced former U.S. Securities and Exchange Commission Acting Chair and Commissioner Allison Herren Lee has joined its Sustainability Advisory Board.

Simply by implementing technologies that already exist, many asset-intensive industries are seeing significant reduction in their greenhouse gas emissions. One example comes in the form of easy-to-implement sustainability models.

Disruptions in energy markets, lingering effects of the COVID-19 pandemic, conflict in Europe – all have added to the Energy Trilemma. Digital solutions are playing a critical role in identifying pathways to address the dual challenge of meeting the growing need for energy and resources while reducing emissions. Please join Vice-President of Content of Gulf Energy Information, Lee Nichols, Dr. Carole Nakhle, CEO of Crystol Energy and Dr. Paige Marie Morse, Sustainability Advisor at AspenTech, for a panel discussion moderated by Ron Beck, Sr. Director Solutions Marketing at AspenTech, as they address a range of topics, including: • How the last 18 month rebalanced the narrative of energy security and sustainability • How digital technology fits into the industry transition and balancing act • The implications for the Inflation Reduction Act’s “carrot” approach as opposed to the “stick” Attend this free webinar and get actionable ideas for how your company can address the challenging balancing act in today’s energy markets. There will be a Q&A session following the event. We encourage you to join the conversation by submitting questions when registering.

Oil and gas companies across the globe are quickly adopting energy transition strategies to align with government regulations and public sentiment towards meeting net-zero goals. Technology can play a major part in rapidly implementing these strategies. This panel discussion will look at the positive impact of digitalization and automation on this journey and provide real-life use cases that demonstrate the effectiveness of adopting this approach in reducing the carbon footprint of your operations across the oil and gas value chain.

The purpose of this agreement is to provide technical advisory support to establish EGPC’s strategy and execute its plan to align with Egypt Vision 2030, covering all dimensions of the country’s SDGs.

Natural gas remains a readily available, low-carbon feedstock, providing a 20% reduction in CO2 emissions vs. traditional liquid hydrocarbons. However, it’s critical to optimize operations across your assets’ lifecycle to offset threats of sustainability and energy security. Join World Oil and AspenTech experts as they discuss how innovative digital solutions support end-to-end gas exploration and production, enabling your teams to: • Efficiently delineate and find economical natural gas producing opportunities • Accelerate time to first gas • Lower the environmental footprint of development • Maximize asset utilization by optimizing production Register now to join the conversation! Learn how you can leverage digital solutions to meet the increased demand for natural gas.

During a recent project in the Middle East, an operator required isolation of non-producing perforations to reduce water production and deliver more efficient hydrocarbon recovery. Coretrax deployed its ReLineWL rigless expandable straddle which eliminated the requirement for a rig, delivering an efficient solution to production optimization.

ECOPETROL, the main and largest oil company in Colombia, awards this recognition to highlight the suppliers that leverage the sustainable development of nations with the design of innovative products or services and outstanding practices in environmental protection.

The EcoShield system has the potential to avoid up to 5 million metric tons of CO2 emissions annually—the equivalent of removing 1.1 million cars from the road each year.

Through this agreement, Eni and ADNOC will explore potential opportunities in the areas of renewable energy, blue and green hydrogen, carbon dioxide capture and storage and more.

The Envana™ digital emissions management solution provides a smarter and more accurate picture of emissions, which gives companies actionable information to manage and reduce their total carbon footprint.

By purchasing the shares in Nature Energy, Shell has acquired the largest producer of renewable natural gas (RNG) in Europe, its portfolio of operating plants, associated feedstock supply and infrastructure, its pipeline of growth projects and its in-house expertise in the design, construction, and operation of innovative and differentiated RNG plant technology.

The agreements will secure the majority of the power needed for the existing manufacturing activities and also the additional power required for planned investments into electrification and hydrogen production as part of INEOS Inovyn Norway's plans to decarbonize its assets in Norway.

According to the review, the scope of work will focus on four key elements: a boundary, reporting and legislation review, an emissions baseline assessment, offshore site visits and opportunity identification as well as an emissions reduction roadmap development.

The MOU aims to establish cooperation and a constructive partnership between both organizations by advancing the use and implementation of API standards in the Well Done Foundation’s activities.

Simon Møkster Shipping will install a 620 kWh battery system from SEAM AS, which is a supplier of zero-emission solutions to the maritime industry. Stril Server’s control and DP systems will also be upgraded, and a system for onshore charging will be installed. The upgrade will be conducted in the first quarter of 2024.

Catalyst Energy Services selected GDEP’s Thunder 5000, a quintuplex pump with an 11 in. stroke rated for 5,000 horsepower, to safely maximize flow at a slower operating speed in its patents-pending, eco-conscious frac solution, VortexPrimeÔ.

Precision continues to experience strong customer demand for drilling services, Alpha™ technologies and EverGreen™ environmental solutions. It expects its Canadian and U.S. fourth-quarter field margins to exceed previous guidance and continue upward in 2023.

EOG Resources joined the Oil and Gas Methane Partnership 2.0, UNEP's flagship oil and gas reporting and mitigation program. The program is the most comprehensive reporting framework for the oil and gas industry designed to improve the accuracy and transparency of methane emissions reporting.

Independent oil and gas companies are recognizing Africa's tremendous promise and are finding ways to thrive here — and make a positive impact.