This week, it was announced that SLB and Aramco have signed an agreement to co-develop, commercialise, and use digital technologies for emissions mitigation in industrial sectors.
According to SLB, the solutions developed through this collaboration will be integrated into its digital sustainability platform, targeted at assisting companies in measuring, reporting and verifying (MRV) their emissions.
“Data is essential to support increasing calls for emissions transparency, and taking decisive actions on decarbonization investments,” said Rakesh Jaggi, president of Digital and Integration, SLB.
The agreement establishes a framework for developing several digital solutions on SLB’s digital sustainability platform, including:
- Aramco’s in-house Combined Heat Power (CHP) optimisation solution
- Its Flare Monitoring System (FMS) solution, and
- A co-developed decarbonisation planning solution for the forecasting of emissions and simulating scenarios to determine optimal GHG emissions mitigation pathways.
“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,” added Jaggi.