Panel discussion: Environmental sustainability as the way towards a zero carbon future
Tuesday 15th, 12:10 – 13:00.
The recent global turmoil has shifted the industry’s focus on improving efficiency, resilience, cutting costs and ensuring profitability. What practical steps can oil and gas companies take to reduce their greenhouse gas emissions with minimal or no effect on the bottom line? How did the pandemic affect companies’ journeys towards net zero? What Circular Economy principles and strategies are the most relevant to Egypt, North Africa and the Mediterranean? And have companies implemented any of them?
Panel discussion: The equality boardroom: creating successful energy businesses of the future
Our Members operate around the globe, producing over 40% of the world’s oil and gas.
Together, we identify and share knowledge and good practices to improve the industry
in areas such as energy transition, safety, health, the environment and efficiency.
Talk to us about
Getting to zero fatalities
IOGP has a long history of working to improve health and safety in the industry and is
committed to put an end to upstream fatalities in the workplace. Some of our key safety
projects include life-saving rules, process safety fundamentals, aviation and land transport.
We follow the political and legislative developments that will shape the future of our
industry. This involves engaging decision makers to explain our views, offer expertise and
provide data. Our aim is to help regulators and legislators draft rules and laws that are
balanced and effective.
Reducing equipment cost and project schedule
With the tension and uncertainty in the supply and demand market, increasing price
volatility, and the prospect of increased financing costs and carbon taxes, there is a need
for further industry standardization and digitalization to decrease operational costs.
Initiated by IOGP and endorsed by the World Economic Forum, JIP33 – Standardizing
procurement specifications adds value by making supply chain faster and more efficient.
Industry alignment on emissions measurement and reduction
The industry is expected to address operational emissions and its carbon footprint. To
accelerate the development and implementation of decarbonization solutions, standards,
and best practices, such as electrification, Carbon Capture (Utilization) and Storage
(CC(U)S), and hydrogen, we are working to increase industry collaboration in these areas.
CCUS, energy efficiency, electrification, flaring and venting, and hydrogen
Our Energy Transition Directorate is delivering the Association’s low carbon initiatives:
flaring and venting, energy optimization, power generation & electrification, CCUS,
hydrogen, greenhouse gas management, measurement, and reporting.
Health, Safety and Environmental data and benchmarking
IOGP has been collecting safety incident data from member companies since 1985 – giving the
association the largest database of safety performance in the upstream oil and gas industry.
Our data reports provide a basis for individual Member Companies to compare their
performance, as well demonstrating the industry’s wish for greater transparency
concerning its activities