Friday 27 December 2024
 
»
 
»
Story

Expro wins $8.9m funding for carbon-reducing technology

HOUSTON, October 13, 2022

Energy services expert, Expro has been awarded £8 million ($8.9 million) funding for two carbon-reduction projects as part of an innovation programme to accelerate clean energy production and close the gap in net zero technologies.
 
The Aberdeen-based Net Zero Technology Centre (NZTC) has been awarded finance to fund net zero technologies as part of its 2022 Open Innovation Programme. The 20 winning technologies were selected from 154 qualified entries and fall into seven focus areas. The technologies faced a rigorous selection process, ensuring each supports the transition towards net zero, with an obligation of trialing and deploying the technology within the UK Continental Shelf.
 
Middle East project
Expro recently supported a customer in the Middle East to reduce gas flaring and optimise production at 10 production sites. Expro undertook a detailed study to find an economic alternative to flaring. The solution was to use gas to power compressors, which were delivered, installed, and commissioned within 32 weeks. 
 
The fast-track project was estimated to reduce greenhouse gas (GHG) emissions by up to 10,000 tonnes of CO2e per day. Using the compressors also reduced operational expenditure while optimising production and extending field life.
 
Venting and Flaring
Expro’s new projects are in the Venting and Flaring category.  The projects focus on real-time flare emissions measurement and control and a unique technological solution to enable well testing to be conducted without the need for flaring.
 
These showcase Expo’s commitment to continuously evolve its portfolio of technologies and services to drive the shift to net zero. Both projects build on the company’s existing capabilities to promote more measured and efficient means of flaring, and to offer alternatives to traditional flaring, in support of operators’ carbon-reducing commitments.
 
The NZTC believes the 20 successful technology projects will deliver £7.8 billion Gross Value Added along with an impact of 3.1Mt CO2e annually.
 
Technology is critical
Expro’s Chief Technology Officer Steve Russell said: “We are delighted to receive the recognition and funding in this programme to help further develop these technological solutions that will play a part in accelerating the industry’s journey to net zero.
 
“Technology is a critical component in energy transition progression, as are collaboration and partnership to achieve our collective goals. We are committed to addressing our own and the industry’s effects on the planet, and this includes working with clients around the world to develop and implement solutions to reduce emissions from non-essential flaring.”
 
Meanwhile, in Asia Pacific, Expro supported a client by executing a two-well clean up with zero flaring of hydrocarbons. The campaign was part of a greater objective to reduce GHGs and wasteful flaring during well operations. Expro designed and delivered a well test process that saved an estimated 4,000 tonnes of CO2e emissions during clean-up operations.-- TradeArabia News Service
 



Tags: Funding | Expro | Carbon reduction | Energy transition |

More Energy, Oil & Gas Stories


Markets

calendarCalendar of Events

Partners

4580

Ads

Buy high quality China wholesale Health & Beauty , Electronics, Sports & Outdoors , Computers, Video Games, Toys & Hobbies Cell Phones, Automobiles and other wholesale products directly from reliable Chinese wholesalers or Factories on DHgate.com