Sustainability

Eliminating the need to transport drilling waste long distances for treatment, the RotoMill 2.0 processes drilling waste at the wellsite. The solution recovers oil, water and solids from drill cuttings, allowing the reuse and recycling of all materials from the drilling waste.

At the third day of Gastech 2023, senior ministers, business leaders, and global climate specialists reached consensus on the steps required to develop new solutions to reduce carbon emissions and accelerate climate technologies.

BluenzymeTM is a plug-and-play solution based on the use of enzymes, which ensures a carbon capture process with reduced environmental impact. The first industrialized product is BluenzymeTM 200, with a nominal capture capacity of 200 tonnes of CO2 per day

SLB’s EcoShield™ geopolymer cement-free system is a sustainable alternative to portland cement, delivering comparable performance for execution and superior mechanical properties in the long term. The technology fits within standard oil field cementing workflows without major changes to the design process, onsite execution, or postjob evaluation.

The pilot project addresses the need for improved leak detection technologies, with the objective of demonstrating and qualifying Nauticus leak detection technology from autonomous robots for Equinor.

Remanufacturing and the Circular Economy: Contributing to sustainability in the oil field

MicroSeismic’s passive seismic imaging technologies have been combined with EverAware’s IoT monitoring and data analytics capabilities to provide industry with a turnkey solution addressing key surface and subsurface MRV requirements, as per EPA’s Rule 40.

Statfjord C will change its power solution to cut emissions. A new steam turbine will produce electricity based on surplus heat from two gas compressors. This will make energy consumption more efficient and cut 25% of total annual CO2 emissions on Statfjord C, equivalent to 50,000 cars.

Pioneer Energy, Inc. have completed a successful field trial of their new Emission Control Treater (ECT) technology. The pilot demonstrated nearly complete elimination of well pad emissions with autonomous and reliable operations, and an 11.3% increase in crude yield.

TotalEnergies, Baker Hughes, Technip Energies, Azimut (through the fund Azimut ELTIF – Infrastructure & Real Assets ESG) and other investors have signed preliminary agreement to invest in Zhero Europe to develop large scale renewable energy projects in Europe and Africa spanning across renewable power generation, power interconnections and green molecules.

These new targets mark a new chapter in ADNOC’s journey to a lower-carbon future. The company has placed sustainability at the heart of its long-term strategy, including investing in renewables, building a global hydrogen value chain and deploying innovative climate technology solutions.

(WO) — The EPA and Department of Energy said that the U.S. government would allocate up to $700 million in financing to track and lower methane emissions from the oil and gas industry, with grants to states accounting for half of the total.

Ipieca has appointed Oxy’s Krish Ravishankar and Hess Corporation’s Tony Webster as its newest Vice Chairs. Both Krish and Tony have been active Ipieca members for over 20 years.

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.