McDermott International, Schneider Electric and io consulting will collaborate “to advance research and design of carbon-neutral facilities for the upstream oil and natural gas market”.
The three companies said they will combine their capabilities and resources to explore and develop a proof of concept based on an offshore platform reference case. The result of the collaboration will be published in a joint study on net zero upstream facilities before the end of the year.
The study defines a hierarchy of emissions-reduction technologies, ranked by maturity, investment and impact to enable operators to make informed decisions when prioritising areas for emissions reduction.
Samik Mukherjee, McDermott’s group senior vice president, projects, said: “By combining our individual strengths, we will deliver solutions that enable our customers to accelerate the industry-shared goal of reducing carbon impact throughout the production chain.”
The programme directly supports a significant carbon footprint reduction within the production and transformation of oil and gas, which, according to the International Energy Agency, is about fifteen percent of the entire oil and gas carbon footprint.
The companies expect the collaboration to demonstrate what is achievable with current technology, what new technologies are required and identify break-even carbon pricing to make the net zero facilities viable now and in the future. The team will adapt this proof of concept to any geographical region and project, considering local infrastructure and environmental policies regarding carbon pricing.
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