Expro wins funding for the development of carbon reduction technology
HOUSTON–(BUSINESS WIRE)–Expro (NYSE: XPRO) has received funding for two carbon-reduction projects as part of an innovation program to accelerate clean energy generation and close the gap in net-zero technologies .
The Aberdeen-based Net Zero Technology Center (NZTC) has awarded a total of £8 million to fund net zero technologies under its Open Innovation Program 2022. The 20 winning technologies were selected from 154 qualified applications and are divided into seven areas of intervention. The technologies have gone through a rigorous selection process, ensuring that each supports the transition to net zero, with an obligation to test and deploy the technology on the UK continental shelf.
Expro obtained the two awarded projects in the Ventilation and flaring category.
Expro’s two winning projects relate to:
measurement and control of flare emissions in real time
a unique technological solution enabling well testing without the need for flaring
These illustrate Expro’s commitment to continuously evolve its portfolio of technologies and services to support the transition to net zero. Both projects build on the company’s existing capabilities to promote more measured and efficient means of flaring and to provide alternatives to traditional flaring, in support of operators’ carbon reduction commitments.
The NZTC estimates that the 20 successful technology projects will generate gross value added of £7.8 billion with an impact of 3.1 million tonnes of CO2and annually.
Expro Chief Technology Officer, Steve Russell, said, “We are thrilled to receive recognition and funding from this program to help further develop these technology solutions that will play a role in accelerating the journey of industry towards net zero.
“Technology is an essential part of advancing the energy transition, as is collaboration and partnership to achieve our collective goals. We are committed to addressing our own and industry’s effects on the planet, and this includes working with customers around the world to develop and implement solutions to reduce emissions from non-essential flaring.
Recent case studies demonstrating this approach include:
Expro recently helped a client in the Middle East reduce gas flaring and optimize production at 10 production sites. Expro undertook a detailed study to find an economical alternative to flaring. The solution was to use gas to power the compressors, which were delivered, installed and commissioned in 32 weeks. It is estimated that the accelerated project will reduce greenhouse gas (GHG) emissions by up to 10,000 tonnes of CO2and per day. The use of compressors has also reduced operational expenses while optimizing production and extending life in the field.
In Asia-Pacific, Expro supported a client by performing a two-well cleanup without hydrocarbon flaring. The campaign was part of a larger goal of reducing GHGs and unnecessary flaring during well operations. Expro designed and delivered a well testing process that saved approximately 4,000 tonnes of CO2e emissions during cleaning operations.
Find out more about Sustainable Energy Solutions (expro.com)
NOTES TO EDITORS:
Working for clients throughout the lifecycle of wells, Expro is a leading provider of energy services, delivering cost-effective, innovative solutions and what society considers the best safety and quality of service. The company’s broad portfolio of capabilities spans well construction, well flow management, subsea well access, and well intervention and integrity solutions.
With roots dating back to 1938, Expro has approximately 7,200 employees and provides services and solutions to leading exploration and production companies in onshore and offshore environments in approximately 60 countries.
For more information, please visit: expro.com and connect with Expro on Twitter @ExproGroup and LinkedIn @Expro.
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