Carbon neutral ownership
Published by Sara Simper,
Editorial Assistant
World Pipelines,
More than 285 000 miles (460 000 km) of pipelines are used to move liquid hydrocarbons to terminals and refineries around the world. This requires roughly 121 terawatt-hours per year which equates to 86 million t of CO2.
While innovation is the major factor for improving energy consumption in new equipment, avoiding unexpected downtime and optimising existing asset performance presents the greatest opportunities for pipeline operators. Sulzer’s new and innovative approach connects technology to decades of experience in pump system engineering and maintenance to maximise equipment uptime, as well as efficiency.
Today, sustainability is being written into national laws, setting goals for a net-zero target in 2050. Governments are encouraging businesses to adopt more sustainable initiatives to the point that some major projects can only be won by companies that have made a commitment to the net-zero goal. In the oil and gas sector, many major operators joined the Oil and Gas Climate Initiative (OGCI), which aims to accelerate the industry’s response to climate change …
To access the full version of this article and get a free trial subscription to World Pipelines, be sure to sign up here!
Read the article online at: https://www.worldpipelines.com/equipment-and-safety/18112022/carbon-neutral-ownership/
You might also like
Acteon Group announces its acquisition
Acteon Group has been acquired by private equity investors Buckthorn Partners and One Equity Partners.