Playing the long game: North American shale operators that prioritise ESG win in the long run
The highest ESG score overall goes to Chevron, followed by SM Energy in second, while Ovintiv and ConocoPhillips shared third place.
The highest ESG score overall goes to Chevron, followed by SM Energy in second, while Ovintiv and ConocoPhillips shared third place.
The yard will be used to decommission offshore topsides, jackets and subsea equipment in line with Liberty Industrial’s sustainable commitments - to recycle, reuse or repurpose upwards of 95% of all salvaged waste and material.
This stage of the L10 carbon capture and storage project has the potential to store 4-5 million t of CO2 annually for industrial customers within depleted gas fields around the Neptune-operated L10-A, B and E areas. It represents the first stage in the potential development of the greater L10 area as a large-volume CO2 storage reservoir.
The study, supported by the Net Zero Technology Centre in Aberdeen, will cover the initial phase of a staged process to determine how retrofitted wells can reduce the carbon footprint of an operating platform.
A report on the safety risk of working in confined spaces, developed by Professor Andrew Woods of the BP Institute at Cambridge University, indicates that many organisations in the oil & gas industries have been operating below the generally tolerable levels of safety risk.
Operated with power from the grid, KCA Deutag’s rig at the Adorf carboniferous gas field will use electrical motors in place of diesel-driven generators, removing an estimated 1000 t of CO2 emissions from the drilling operation.
Oil Plus will develop and deliver a proactive topsides maintenance resilience and equipment reliability programme for the unnamed operator.
Flylogix will leverage the funding round to expand to new geographies, including the US, Norway and Trinidad & Tobago.
With the planned expansion, LongPath will provide real-time monitoring for approximately 60 Apache facilities across multiple areas of the Permian.
Project Canary, a mission-driven B-Corp, will use its TrustWell Certification programme to review and analyse aspects of the environmental and social performance of individual wells and facilities in the Permian Basin of Texas and the DJ Basin of Colorado.
Anders Arefjord, Founder & Business Development, FourPhase, explains why opportunities presented by remote and automated operations mean that a real window for change in solids management has opened.
Will Scargill, Managing Energy Analyst at GlobalData, estimates that ExxonMobil's scope 3 emissions will increase by around 15% over the next five years.
The COP26 summit in Glasgow set an ambitious new target when it comes to limiting methane emissions in pursuit of climate change goals. How can oil & gas companies – which will ultimately play a significant role in making good on that commitment – help to achieve it? Catriona Penman and Oz Rodriguez of Lloyd’s Register Software outline how technology can keep the target within reach.
OPEX’s flagship product, emissions.AI, helps companies to operate complex facilities with lower carbon emissions.
The round was led by 83North, a global venture capital firm with a proven track record in building category leaders across multiple domains including Internet of Things (IoT) and Artificial Intelligence (AI) technologies.