Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
Schlumberger Ltd. and Saudi Aramco plan to collaborate and develop a digital platform that Schlumberger CEO Olivier Le Peuch said will be a “game changer” for the energy and hard-to-abate industrial sectors.
“Aramco and Schlumberger are hoping to draw on our long history of collaboration and partnership to deliver a digital sustainability ecosystem that enables global organizations to manage their carbon emissions and realize ambitious sustainability goals,” Le Peuch commented in a release on Sept. 20. “The sustainability platform will be a game changer for the energy and hard-to-abate industry sectors as they look toward a lower-carbon future.”
The proposed platform will enable companies in industries such as oil and gas, chemicals, utilities, cement and steel to collect, measure, report and verify emissions, while also evaluating different decarbonization pathways. The two global energy companies said this will help their customers manage their carbon footprints more effectively by increasing the availability and visibility of relevant data in a transparent and flexible solution.
“This collaboration represents an unprecedented opportunity for both companies to leverage digitalization to tackle one of the most critical challenges of our generation. At the same time, it would expand digital capabilities within the Kingdom of Saudi Arabia and harness Schlumberger’s global reach to potentially deliver a worldwide impact,” added Ahmad A. Al-Sa’adi, senior vice president of technical services at Aramco, in the Schlumberger release.
Building on an open architecture, the platform will be extendable into other aspects of the industries’ sustainability efforts, both current and future, according to the release. Ultimately, the platform will include workflows such as water sustainability and management, methane emissions measurement, flaring reduction and prevention, and carbon capture and storage.
Recommended Reading
Tech Trends: Safety, Speed, Savings: Automation is Transforming Drilling
2024-03-26 - Drilling is getting smarter through automation, delivering efficiency, consistency and reliability.
AI Advancing Underwater, Reducing Human Risk
2024-03-25 - Experts at CERAWeek by S&P Global detail the changes AI has made in the subsea robotics space while reducing the amount of human effort and safety hazards offshore.
CERAWeek: Large Language Models Fuel Industry-wide Productivity
2024-03-21 - AI experts promote the generative advantage of using AI to handle busywork while people focus on innovations.
Geothermal ‘Could Save the World,’ but Faces Familiar Subsurface Risks
2024-03-20 - CERAWeek panelists discussed hurdles to widespread use of Earth’s heat to generate power — problems familiar to oil and gas operators.
CERAWeek: AI, Energy Industry Meet at Scary but Exciting Crossroads
2024-03-19 - From optimizing assets to enabling interoperability, digital technology works best through collaboration.