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Technologies to help companies decarbonise their operations under the spotlight

Oil and gas companies will need to focus on technologies that will help them decarbonise their operations. (image source: Adobe Stock)

Technology

Following the launch at COP28 of the landmark Oil and Gas Decarbonization Charter (OGDC), which saw 50 oil and gas companies commit to near-zero upstream methane emissions and ending routine flaring by 2030, the spotlight will fall on technologies that will help companies fulfil these commitments

According to the International Energy Agency in the oil and gas sector, emissions can be reduced by over 75% by implementing tried and tested measures. Welltec points out that technologies such as its Metal Expandable Packers (MEP) are among the tried and tested solutions.

The issue of well integrity, which has cost the industry significantly, is a major factor in methane emissions. Technologies that address Sustained Casing Pressure (SCP) – a result of gas migration through compromised well casings – are particularly valuable. Solutions such as Welltec's MEPs demonstrate how innovative approaches can enhance well integrity and mitigate methane leakage.

With more than 1,000 MEPs successfully deployed globally, the effectiveness of these solutions has been proven, including in ADNOC’s Bab field, where trials involving the deployment of 4 x 1214 MEP have demonstrated the technology's capability to stop methane leakage.

These technological advancements represent a shift from traditional methods like cementing, which has been a standard practice for nearly a century. The modern oil and gas industry, with its focus on environmental sustainability, requires solutions that are not only effective but also align with the urgent need to reduce greenhouse gas emissions.

The oil and gas industry is at a pivotal juncture, with the OGDC setting ambitious targets for emission reduction. The availability of innovative technologies will play a crucial role in achieving these goals. As the industry moves forward, it is clear that technology will be a key driver in reducing the environmental impact of oil and gas production, particularly in the area of methane emissions.