Sustainability

Kent and the Energy Institute have announced a collaboration to create comprehensive guidelines for the economics of decarbonization in greenhouse gas (GHG) emission reduction projects within the upstream oil and gas sector.

As CCUS (Carbon Capture, Utilization, and Storage) initiatives accelerate worldwide, developing comprehensive Monitoring, Measurement, and Verification (MMV) frameworks is crucial to ensure carbon storage projects' safety, efficiency, and long-term sustainability. This webcast will explore the cutting-edge technologies and methodologies shaping the future of MMV, including real-time monitoring systems, advanced data analytics, and evolving regulatory standards. Participants will gain valuable insights into best practices for implementing MMV, strategies for risk mitigation, and the pivotal role this plays in boosting project credibility and securing investor confidence. Join us to discover how robust MMV strategies can protect your CCUS projects, ensuring they meet and exceed environmental and financial targets over the long term.

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.

(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.

The Cat G3600 Gen 2’s design has the potential to reduce the number of engines required on-site to reduce capital and operating expenses as well as fuel consumption, enabling today’s gas compression operators to move more gas at a lower cost.

Thanks to a $3 million grant from the Louisiana Department of Natural Resources, LSU Craft & Hawkins Department of Petroleum Engineering Professor Ipsita Gupta is working with a team of LSU researchers to find out which wells are leaking and measure their emissions before and after they are plugged.

The Environmental Partnership released its fifth annual report demonstrating the U.S. oil and natural gas industry’s actions in reducing methane emissions, improving detection methods and sharing best practices across the industry.