Innovation and Decarbonization in the Energy Industry | Schlumberger
Industry Article
Background

This article was created for the 2021 Offshore Technology Conference (OTC) held the week of August 16. It originally appeared on the Hart Energy homepage.

Byline
Simon Edmundson, Schlumberger
Publication
E&P Plus
Publication Date
8/16/2021
Products Used
Article Topics
Transition Technologies Insights

Innovation and Decarbonization

Accelerating the path to net-zero emissions for the energy industry.

The oil and gas industry stands at a critical juncture. How can it address climate change while playing its part in meeting the energy needs of the 21st century? Today this is no longer a question, but rather a new industry imperative that compels a more sustainable approach for developing the earth’s energy resources.

Schlumberger recently announced its Decarbonization Plan, laying out its commitment to achieve net-zero greenhouse-gas (GHG) emissions by 2050. This plan, which aligns with the Paris Agreement to limit global warming to 1.5 degrees Celsius, encompasses Scope 1, 2 and 3 emissions and carbon negative actions, with minimal reliance on offsets or carbon credits.

A key part of this plan is the Transition Technologies portfolio, which is aimed at decarbonizing customer operations and accelerating the path to net zero for the industry.

Read the full story at HartEnergy.com

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