The sustainability platform will revolutionize the energy and difficult-to-abate industry sectors.
“Aramco (Dhahran, Saudi Arabia) and Schlumberger (Houston) have decided to work together on a platform for digital sustainability in the oil & gas, electricity, and difficult-to-abate industries. sectors have significant carbon footprints and are generally not well integrated into the global carbon market. The platform will be an opportunity for collaboration among all interested parties, carbon emitters and buyers alike, to engage in scenario planning and community resource management.”
Schlumberger and Saudi Aramco have announced their intentions to collaborate on developing a digital platform to deliver sustainability solutions for difficult-to-abate industrial sectors.
Companies in industries such as oil and gas, chemicals, utilities, cement, and steel will be able to use the platform to collect, measure, report, and verify their emissions while also analyzing decarbonization paths.
“Aramco and Schlumberger are seeking to build on our long history of collaboration and partnership to provide a digital sustainability ecosystem that enables global enterprises to control their carbon emissions and fulfill ambitious sustainability targets,” said Olivier Le Peuch, CEO of Schlumberger. “The sustainability platform will be a game changer for the energy and hard-to-abate business sectors” as they work toward a future with lower carbon emissions.
Ahmad A. Al-Sa’adi, senior vice president of Technical Services at Aramco, stated that this partnership “represents a unique opportunity for both firms to harness digitalization to confront one of the most urgent issues of our generation.”
By enhancing the availability and accessibility of pertinent data in a straightforward and adaptable solution, customers will be able to monitor and report baselines, targets, emissions, offsets, and credits, which will help them manage their carbon footprints.
The platform, based on an open architecture, will be able to be expanded into other facets of the industries’ sustainability efforts and will eventually include workflows for carbon capture and storage, methane emissions measurement, flaring prevention and reduction, and water sustainability and management.
