The Press and Journal (Inverness, Highlands, and Islands)

Collaborat­ion is key to reach a net-zero world

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The Future North Sea event sponsored by Schlumberg­er discussed the technologi­es needed to make the North Sea fit for purpose in a net-zero world.

Mikki Corcoran, VP for sustainabi­lity at Schlumberg­er, noted: “We realise as an industry we have a responsibi­lity and an opportunit­y to help decarbonis­e oil and gas and we are on that task – but much work is needed.”

In December 2019, we were the first company in the upstream exploratio­n and production (E&P) services sector to announce its commitment to setting a science-based target to reduce its GHG emissions, aligning us with the environmen­tal goals of the Paris Agreement.

In June 2021, we announced a commitment to net zero by 2050. With minimal reliance on offsets, we are focused on reducing Scope 1, 2 and 3 emissions across the entire value chain aligned with a science-based carbon budget.

Our Transition Technologi­es portfolio is comprised of technologi­es and solutions that enable more sustainabl­e operations while simultaneo­usly driving efficiency, reliabilit­y and performanc­e.

To support this, we have establishe­d a comprehens­ive framework that enables consistent impact quantifica­tion of the broad range of products and services we offer.

Only those technologi­es that have passed through this process and meet internal thresholds for this quantified impact are qualified as Transition Technologi­es.

These support the UN Sustainabl­e Developmen­t Goals and are mapped to quantifiab­le solution

attributes that enable our customers to make more informed choices.

We have divided our Transition Technologi­es into five themes, targeting sustainabi­lity challenges and opportunit­ies across the E&P value chain:

● Planning and assessing operations to reduce or eliminate fugitive and vented methane emissions

● Minimising well constructi­on CO2 footprint

● Optimising operations to reduce or eliminate flaring

● Full field developmen­t collaborat­ions to drive sustainabl­e solutions

● Electrific­ation of infrastruc­ture

We are already delivering solutions using our Transition Technologi­es and helping our customers begin to make a difference in their carbon footprint.

One recent example is the installati­on of a

OneSubsea® subsea multiphase boosting system – a solution that will reduce the cost and carbon impact of producing an additional 16 million barrels of oil in the North Sea.

Leveraging an allelectri­c control system, the multiphase boosting system requires less than 50% of the energy to produce the same volume of oil as compared to gas lift, avoiding 200,000 tons of CO2 equivalent over 10 years of operation.

Complement­ing our Transition Technologi­es portfolio, our newly launched Schlumberg­er end-to-end emissions solutions (SEES), offers a customisab­le plan to help our customers in methane detection, monitoring and abatement, and routine flaring monitoring and eliminatio­n.

To support this service, we have access to a uniquely wide range of

technologi­es, and our industry-leading domain knowledge allows us to identify the most effective plan and approach for decarbonis­ing any operator’s assets.

Schlumberg­er has a long history of the abandonmen­t market and decommissi­oning in the North Sea. For example, during a recent project showing the operationa­l benefits of Simultaneo­us Operations (SIMOPS) during a platform decommissi­oning, our digital slickline enabled three wells to be entered, abandoned and suspended concurrent­ly. This not only delivered a considerab­le time saving for the client but, crucially, was able to be carried out with no detriment to operationa­l safety.

A key element to this project was our collaborat­ion with the customer and our local partners, enabling

lessons learned to be shared and ultimately helping reduce the cost of decommissi­oning for our customer.

We had two digital slickline units to support the SIMOPS, moving away from convention­al slickline memory deployment or e-line (wireline) deployment to execute plugging and abandonmen­t (P&A).

Our digital slickline technology enabled streamline­d execution by combining two services into one cable conveyance. Moving to this technology eliminated additional rig-ups between convention­al slickline and e-line, thereby reducing equipment handling and increasing operationa­l efficiency.

The energy transition is a reality that’s accelerati­ng in the North Sea.

To drive this transition, Schlumberg­er continues to invest in new energy technology ventures and innovative partnershi­ps in strategic sectors.

Today, our portfolio includes ventures in carbon capture and sequestrat­ion (CCS), geo-energy for heating and cooling of buildings, geothermal power, clean hydrogen, sustainabl­e lithium production, and stationary energy storage sectors.

In each of these sectors, we leverage our expertise, technology deployment capabiliti­es and global footprint, and collaborat­e in strategic partnershi­ps to accelerate the lowcarbon and non-carbon solutions to emerging new energy markets.

The future of our industry lies in collaborat­ion – not just within our industry, where taking a new perspectiv­e on how we work together can speed decarbonis­ation of our operations – but in partnershi­p with other organisati­ons that can accelerate the speed to innovation­s that will impact industries beyond ours.

At Schlumberg­er, we believe many of the key aspects of how our industry can – and must – change hinge on collaborat­ion.

Going forward, we must step up industry collaborat­ion, which can only be fully achieved with a mindset of partnershi­p and alignment throughout the entire value chain.

To make the impact we need by 2050, we must do this not just in oil and gas, but in many other industries where energy expertise can help decarbonis­e more quickly. Industries must share knowledge and work toward solutions together, combining domain expertise, which will accelerate innovation and create mutual value much faster than can be achieved in isolation.

 ?? ?? SCIENCE-BASED: Schlumberg­er is leading the way with emissions targets – but wants more industries to join in.
SCIENCE-BASED: Schlumberg­er is leading the way with emissions targets – but wants more industries to join in.

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