Sustainability
Opening day remarks from President Mohamed Irfaan Ali framed fossil fuels and renewables as parallel systems amid rising demand and structural supply pressures.
Experts and industry leaders gathered in The Woodlands, Texas, recently to sift through the challenges of carbon capture, utilization, and storage. The puzzle is coming together, but some critical pieces are still needed before the results look like the picture on the box.
The chair of the SPE Georgetown Section outlines how balanced, apolitical dialogue can support development amid rapid energy expansion.
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Deirdre Michie, chief executive for OGUK, and David Clark, Lloyd’s Register’s energy director, discuss how OGUK’s Roadmap 2035 is being delivered to help achieve net zero greenhouse-gas emissions and what is required with regard to policy, people, and technology.
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Subsea 7 and Eidesvik Offshore have been awarded the 2019 Environmental Sustainability Award from the International Marine Contractors Association in recognition of their efforts to reduce vessel emissions and improve energy efficiency.
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The company said its goals underscore its strong environmental, social, and governance performance as it responds to rising global energy demand. In addition, it said, the goals are aligned with the United Nation’s Sustainable Development Goals.
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A new joint study will test the economic viability of taking CO2 from a cement plant and giving it to an oil company to pump underground.
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BP says it will supply Amazon Web Services with 170 MW of renewable energy, the equivalent of powering 125,000 homes each year.
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Meeting the challenge of climate change requires worldwide action from all sectors of society. Throughout this transition, oil and gas will have a role to play within the mix of energy sources to meet the need for affordable and clean energy products and services.
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Integrating sustainability in the core business is not a quick fix but a complex journey that touches all parts of the business and requires new ways of alignment and cooperation. Safety has gone through similar challenges, and we can learn a lot from that journey.
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The target will align the company with the goals of the Paris Agreement to mitigate climate change.
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As part of the contract, Wood will provide the topside modifications needed for the Snorre A and Gullfaks A platforms to integrate the Hywind floating wind park with existing systems powering the facilities. The platforms will be the first to receive electric power from floating wind turbines.
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The African Energy Chamber is pushing African OPEC and non-OPEC members to commit to a declaration of cooperation and work to ensure compliance.