What is the emissions reduction solution?
We’ve combined Petrofac’s four decades of expertise in engineering, constructing and operating energy infrastructure with innovative data science technology to develop solutions that provide actionable insights to reduce emissions throughout the life cycle of facilities.
- Selecting design, engineering, construction, operations and decommissioning options with the lowest emissions impact
- Monitoring actual and forecast future emissions
- Using data-driven insights to identify measures for minimising the emissions footprint
- Providing verifiable emissions reports
Where did it start?
We started with ‘what if?’ What if we could track and predict emissions across the life cycle of our facilities? What if we could provide a dashboard for regulators to simplify compliance? And what if we could use this to help our clients reach net zero quicker and with certainty?
Using these questions as our guiding light, we drew on expertise within our operations, engineering, and digital teams to understand how to reduce emissions across the asset life cycle. We looked at how we could use data to spotlight where there was the potential for efficiencies. And to make this more transparent and part of the everyday conversation.
Today, we’re deploying tools that track emissions over a range of operations so that we can select or develop actions that result in a lower carbon footprint over a project or an asset’s life cycle. We’re using the tools on current projects and assets we operate for our clients and across our facilities, such as our UK and US offices, to track our emissions effectively.
Why is it important?
To balance the need for energy security with the urgent need to lower emissions, we must create more efficient processes and reduce costs, but where do we start? We know that one solution won’t fit every project or asset, so we’ve developed tools that allow us to test different design scenarios, assessing emissions impact to select and develop solutions that result in a lower carbon footprint. And we can apply the techniques irrespective of the project stage or asset age.
As new regulations are introduced, and we seek to continually improve the sustainability of our and our client’s operations, these ever-evolving tools will become increasingly important. They will help focus our efforts and quickly identify where we can make the most difference.
These tools have enabled us to bring emissions into everyday conversations, informing our decision-making. They will undoubtedly become a rich source of information as we continue to reduce our carbon footprint as a business. We have successfully deployed the tools across our asset solutions sites and plan to roll it out across the wider company and our client assets.
You find out more about our new emissions reduction solution by contacting our team below.