The OGDC was launched at COP28 in Dubai, UAE, to help rally a broad set of national, privately held and independent oil and gas companies to implement and accelerate climate actions to virtually eliminate methane emissions and routine flaring by 2030 and achieve net zero emissions from oil and gas operations by 2050.
Reducing methane emissions can help deliver significant short-term climate benefits alongside a reduction of the industry’s overall emissions.
IOGP, MGP, OGCI and EDF said in a joint statement of intent that they will work closely with other organisations and associations and technical service providers, such as Ipieca, the UN Environment Programme and the World Bank’s Global Gas Flaring and Methane Reduction Partnership trust fund, to help deliver on the OGDC’s ambitions.
The group will build on existing frameworks and use existing expertise and partnerships to quickly stand up a technical support framework available to any company seeking to reduce its methane emissions and flaring.
Immediate areas of focus for the group will include outreach and engagement, promoting the adoption of guidance, standards and reporting frameworks and enhanced access to technical support.
IOGP, CEO, Graham Henley said: “IOGP has deep capability through its well-established communities of practice, expertise and technical subject matter experts to help address methane emissions and flaring in line with the Oil & Gas Decarbonisation Charter (OGDC) ambitions. Over the past three years we have been developing materials to help our members monitor, measure and reduce emissions, and supporting them to drive down methane and other emissions. It’s an exciting opportunity to put that expertise to use, and to further build on our efforts to help the industry decarbonise.”
MGP’s Chair, Cederic Cremers, said: “It is great to see that through the OGDC methane and flaring commitments, additional key industry players are committing actively to the methane journey, helping to accelerate methane emission reductions globally. Through the Advancing Global Methane Reductions (AGMR) initiative, MGP will continue to engage with governments and industry to reduce methane emissions at country level. MGP is looking forward to working with OGCI, IOGP, EDF, IPIECA and others on developing a framework that helps OGDC signatories and other companies meet their methane and flaring commitments.”
OGCI Executive Committee Chair, Bjørn Otto Sverdrup, said: “OGCI and its member companies have collectively made good progress reducing methane emissions and flaring in recent years and we have a lot of experience we would like to share with other oil and gas companies in support of the OGDC ambitions. Indeed, we are already sharing some of that experience through our flagship Satellite Monitoring Programme which collects high-resolution data on large methane plumes and uses confidential engagement with local operators to help them identify and address the sources of the emissions.”
Environmental Defence Fund, Vice President of Energy Transition, Matt Watson, said: “The OGDC is bringing a whole new set of companies into the global methane reduction effort. Some are ready to go. Others will need more support to deliver major emission reductions on the rapid timelines required to meet climate goals. EDF is pleased to lend its expertise – particularly in the areas of methane monitoring and emissions reporting – to help companies acquire the knowledge and the tools to meet their commitments in ways that are reliable, durable and transparent.”
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/04122023/experts-team-up-to-help-oil-and-gas-companies-meet-ogdc-flaring-goals/
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