NEWS

FLORENCE, ITALY – As operators worldwide set ambitious net-zero-emissions goals, oilfield service companies have an opportunity to both play a key role in meeting these targets, and take a leadership position in shaping the path of the coming energy transition.

“We are working on many fronts to practically reduce the carbon footprint of oil and gas, and we are learning how to better account for carbon as well,” said Chris Jones, Vice President, Europe Oilfield Services at Baker Hughes. The service company is following the lead of major operators like Repsol in establishing its own zero-emissions goals for the year 2050.

Understanding the full carbon signature of oil and gas operations is key – when there is a thorough understanding of where carbon is released throughout the exploration process, strategies can be implemented to proactively manage those releases.

Read entire article HERE.