Sustainability

News
April 20, 2023
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.
News
April 07, 2023
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.
Webcast

Achieve Sustainable Gas Exploration and Production to Advance Energy Security

May 17, 2023
Aspen Technology
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.
Article
March 2023
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.
News
March 24, 2023
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.
News
March 06, 2023
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.
News
March 06, 2023
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.
News
February 24, 2023
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.
News
February 20, 2023
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.
News
February 03, 2023
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.
News
January 30, 2023
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.
News
January 25, 2023
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.
News
January 12, 2023
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.
News
January 11, 2023
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.
News
January 05, 2023
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.
News
January 05, 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.
News
December 26, 2022
Independent oil and gas companies are recognizing Africa's tremendous promise and are finding ways to thrive here — and make a positive impact.
News
December 19, 2022
Shareholder activist group Follow This, along with other investors, filed resolutions with Shell Plc, BP Plc, Exxon Mobil Corp. and Chevron Corp., urging them to align their 2030 emissions targets with the Paris Agreement.
News
December 15, 2022
In this role, Hague will lead The Partnership’s efforts to drive innovation and share best practices among industry leaders to improve environmental performance and reduce methane emissions in every major U.S. basin.
News
December 15, 2022
Commissioned by the Omani authorities, the SLB experts assessed surface, subsurface and well data from the national data repository over a three-month period. The next phase will include an assessment of the economic feasibility of the development of potential geothermal resources.
News
December 15, 2022
The investment includes a $10.64 million commitment made by ING Corporate Investments. The deal also includes a further $5.32 million co-investment from existing shareholders Shell Ventures, Chevron Technology Ventures, Evonik Venture Capital and HydrogenOne Capital Growth Plc (HydrogenOne).
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