Electrification: The Future Is Lower-Cost, Lower-Carbon Energy

An accelerated focus on strategic priorities such as capital stewardship, digitalization, and environmental sustainability is driving significant change in the oil and gas industry. With an upcycle on the horizon and offshore production poised to play a critical role in the overall energy mix, the industry must leverage technological innovation and new ways of working to fully embrace the reinvention of offshore oil and gas production. Electrification of offshore infrastructure opens the way to achieve lower-carbon energy sources, enabling operators to decrease their operational footprint while simultaneously supporting digitalization and reducing environmental impact. Production Systems Electrification Program Manager Stephane Hiron discusses how electrification is key to lower-cost, lower-carbon energy production and accomplishing returns-focused performance results.