OPEX Group launches emissions reduction service
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
Powered by OPEX’s predictive technology, X-PAS™ Emissions dynamically calculates and displays in real time the lowest achievable emissions intensity for an asset’s production target and plant configuration. Through the X-PAS™ Emissions portal, users have full visibility of the energy use and emissions intensity of their assets and the operational actions they can take to reduce CO2 emissions.
Danny Farquhar, VP of Data Science at OPEX, said: “It’s encouraging to see the work that is going into initiatives such as carbon capture, hydrogen, electrification and renewables, however these are likely to be medium to long term solutions and our industry also needs solutions that make an impact now.
“The X-PAS™ Emissions service makes use of existing data and is currently being rolled out to the first customers over the coming weeks. The interactive tools and displays are easy to comprehend by everyone, not just engineers.
“The service delivers immediate impact by reducing energy consumption and direct emissions intensity. This not only helps to lessen environmental impact but also drive down EU ETS costs and fuel costs at a time when the industry is facing significant pressures.”
Read the article online at: https://www.oilfieldtechnology.com/product-news/15052020/opex-group-launches-emissions-reduction-service/
You might also like
Petrofac expands relationship with Repsol Sinopec in North Sea
Petrofac has been awarded a three-year contract extension in support of Repsol Sinopec Resources UK’s North Sea operations worth more than US$100 million.
