Pioneering Green Solutions with SLB and Aramco
Amid growing demands for industrial sectors to slash greenhouse gas emissions, SLB together with Aramco are harnessing digital advancements for environmental benefit.
This partnership underscores a broader industry commitment to bolstering sustainability and combating climate impact via innovative, data-centric strategies.
Pooling their expertise, the two companies support each other on the journey towards a greener planet.
Digital sustainability technologies
Expanding on a prior collaboration announced in 2022, SLB and Aramco are joining forces anew to conceive, refine and deploy digital tools aimed at curbing industrial greenhouse gas emissions—a significant environmental challenge. Central to this effort will be the incorporation of these innovations into SLB's unique digital sustainability platform.
“Data is essential to support increasing calls for emissions transparency and taking decisive actions on decarbonisation investments,” Rakesh Jaggi, President of Digital and Integration at SLB said. “The digital sustainability platform provides the means to leverage data at scale to drive emission reduction outcomes.
“We aim to expand the SLB suite of solutions with Aramco’s innovative technologies.”
Walid A. Al Naeem, Aramco Engineering VP & Chief Engineer, added: “For several years, Aramco has been working towards mitigating greenhouse gas emissions from its operations with its own internally developed technologies.
“This agreement marks another milestone in our partnership with SLB, to bring our innovation and expertise to the global energy and industrial market.”
A blueprint for emission reduction
The framework developed by SLB and Aramco promises to yield meaningful environmental advancements.
For instance, Aramco's proprietary Combined Heat Power (CHP) optimisation technology stands to boost energy efficiency significantly.
The partnership further heralds the Flare Monitoring System (FMS) and a newly co-created decarbonisation planning tool, aimed at both lowering field emissions and facilitating precise forecasts and simulations for emission mitigation strategies.
The figures behind the emissions
Reporting by the International Energy Agency (IEA) showed a peak in global energy-related CO2 emissions at 36.8Gt in 2022, noting a 0.9% increase from the previous year, largely attributed to the power and transport sectors.
Additionally, the IEA highlighted the significant emission contributions from the industrial sector, with levels bouncing back to those of 2019 in 2021, particularly from cement, steel and chemical production.
Manufacturing and construction sectors emerge as prominent emitters, trailing only behind electricity and transport.
Further strides towards sustainability
As digital technologies permeate the energy sector, so too does the risk of cyber threats intensify.
In a proactive response, SLB and Palo Alto Networks have allied to counter these hazards, melding cloud innovations with sophisticated AI tools to safeguard the energy domain.
This digital-first strategy underpins SLB's efficiency and partnership ethos, fostering a resilient, sustainable energy industry.
SLB’s CEO Olivier Le Peuch says his role is to “enable our people to deliver their best — innovation, creativity and performance — to respond to the needs of an evolving energy industry”.
Meanwhile, Aramco, the titan of the energy sector, is propelling research and innovation forward through a decade-long strategic alliance with King Abdullah University of Science and Technology (KAUST), injecting a substantial US$100m into KAUST over ten years.
Aramco’s President and CEO Amin H. Nasser said the investment reflects “our firm belief in the importance of innovation across industries and applications”.
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