News listings

energy-pedia climate change

Xodus review outlines huge emissions and costs savings for Middle East operator

30 Jan 2023

Photo - see caption

Global energy consultancy Xodus has identified significant emissions and cost savings following a greenhouse gas (GHG) emissions baseline and energy efficiency review for a Middle East operator’s fleet of drilling rigs.

Xodus identified more than 25 energy and emissions reduction opportunities per asset. These opportunities represent a credible roadmap for a 60% reduction in total CO2 emissions for the operator, with more than 20% of these easily implementable with low or no CAPEX required. The review also outlined potential overall cost savings of up to $28 million per year.

The extensive work scope was built upon previous work completed by Xodus and focused on four key elements: a boundary, reporting and legislation review; an emissions baseline assessment; offshore site visits & opportunity identification and an emissions reduction roadmap development.

Natasha Howlett, Emissions & Climate Division Manager at Xodus said: 'We worked collaboratively with the client to deliver a study that has strengthened their understanding of scope 1 drilling and wells emissions and laid the foundations for the development of a robust, achievable, and sustainable GHG emissions and energy efficiency framework to realise their net-zero goals.

'Utilising Xodus Digital Emissions Reduction Action Plan (ERAP), our proprietary digital solution which is designed to intuitively rank and prioritise emissions reduction opportunities, we were able to deliver a credible emissions reduction roadmap. This considered interactions and conflicts between reduction opportunities, ensuring that the roadmap is realistic and achievable in order to deliver emissions and cost reductions.'

Xodus has built up a wealth of experience and learnings from developing emissions reductions strategies in the UK and other global regions and is using these learnings to support Middle East operators as they strive to meet new country-level targets being set.

The Xodus team is travelling to Qatar at the start of February.        

Source: Xodus

Bookmark and Share

A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.

Subscriber Only Deals

Current Deals

Current Upstream Deals: 237

Completed Deals

Completed Upstream Deals: 6558

Company Profiles

Current Company Profiles: 2912

Corporate Activity

Current Corporate Activity articles: 4134

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1653


Current Geostudies articles: 964

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...

energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...

energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...


Subscribe to the FREE
energy-pedia Daily Newsletter

Rose & Assocs
Telos NRG
Government of South Australia
Union Jack Oil 149
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans

Tel: +44(0)1727 822675