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Case Study

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Created an emission reduction strategy to reduce greenhouse gas intensity by 70% through NPV+ projects

Business challenge

Our client needed to define an emission strategy to achieve a 45% greenhouse gas intensity reduction by 2035.

Context

A major oil and gas company publicly announced an accelerated plan to transition its business to net-zero emission.

The company had committed to 20% of emissions reduction by 2030, 45% by 2035 and 100% by 2050. Additionally, operations needed to contribute to global targets and generate traceable ideas. The asset we were supporting had unabated operational emissions, which were expected to grow 15 times over from 2020-2035.

Business impact

0%

emission reduction potential with value (NPV+ projects)

0%

reduction in renewables

0%

reduction in process and operations optimisation

0%

further emission reduction potential available with Capex investment in equipment redundancy and electrification

Solution

Top Line Solution

Establish a baseline and forecast emissions for the next 15-30 years

Map and prioritise key reduction opportunities

Develop a power sourcing strategy considering asset development plans - onsite and offsite options to source green power such as wind, solar, gas

Determine requirements to enhance emission management

Key Takeaway

Oil and Gas assets can dramatically reduce their greenhouse gas emission footprint by mapping the drivers of emissions and detailing a combination of operational optimisation solutions and new technologies

Underpinning success is a clear definition of emission management systems and responsibilities

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