Baker Hughes and the Egyptian General Petroleum Corporation are cooperating to reduce oil production Emissions of exploration, drilling and production sites using the company’s solutions and technologies portfolio
Memorandum of Understanding that contributes to managing and recovering carbon emissions Within the Egyptian oil and gas sector
Highlighting the initiative within the framework of efforts to reduce carbon emissions in the energy sector During the Conference of States Parties (COP1121) in Egypt
”, with the aim of launching and implementing an initiative to recover gas The Torch, and in support of efforts to recover and mitigate emissions in the exploration, drilling and production of gas and oil in the Arab Republic of Egypt. “Baker Hows” to employ its portfolio of emissions management solutions and products to recover flare gas within oil and gas sites in Egypt, including flare gas management technology, integrated treatment systems, pressure and gas turbines, which will contribute to the measurement, management, recovery and utilization of flare gas.
The Egyptian General Petroleum Corporation’s emissions management solutions “Baker Hughes” aim to reduce emissions, improve the efficiency of its oil and gas operations throughout Egypt, and reduce It reduces the amount of gas flared and its emissions, as well as enhancing efficiency by using gas instead of wasting it during ignition. ) Baker Hughes will provide a range of its advanced solutions, including flare.IQ, in support of the petroleum sector development and modernization program led by the Ministry of Petroleum and Mineral Resources, with the aim of digitizing the emissions management infrastructure, which will allow the authority to extract vital data about the flare gas systems and calculate the optimal levels to raise efficiency. and mitigating methane emissions.
Within the framework of the Memorandum of Understanding between the two sides, Baker Hughes solutions will contribute to supporting rest The Authority’s strategy to reach its goals in reducing carbon emissions, which includes enhancing the quality of life for residents of the areas adjacent to the refining fields. His Excellency the Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla, said: “In line with the sustainable development strategy of the Arab Republic of Egypt, we continue our tireless work to create opportunities and ways to support our strategies in using clean energy and reducing carbon emissions, and pushing the wheel of the transition towards net zero emissions. We are pleased to see the cooperation between EGPC and Baker Hughes to publish technologies that support our efforts in managing and recovering emissions in various oil and gas operations, which represent a fundamental pillar of the transformation strategy in the Egyptian energy sector.” 1121 In turn, Lorenzo Simonelli, Chairman and CEO of Baker Hughes, said: “We are proud of our ongoing partnership with the Arab Republic of Egypt that goes beyond 100 years, and to continue our efforts to contribute to the modernization and development of gas and petroleum operations in Egypt. We are committed to achieving net zero emissions by the year 1121, and harnessing our emissions management solutions to help our customers and partners reach their goals, which contributes to achieving the vision and strategy of sustainable development in Egypt. We look forward to the Conference of States Parties to the United Nations Convention on Climate Change (COP27), which will be hosted by the Arab Republic of Egypt, and seek to continue supporting efforts and initiatives The climatic conditions of the country, and the transformation that the countries of the region are witnessing towards new and sustainable energy resources due to the importance of this trend for societies and economies alike. It is reported that the Ministry of Petroleum and Mineral Resources intends to shed light on the data extracted from this project during the Conference of States Parties (COP1121) which it is hosting Egypt, and highlighting the importance of the role of the oil and gas sector in the country’s initiatives to reduce carbon emissions.