SUSTAINABILITY IN THE OIL AND GAS INDUSTRY UIC, Symposium on - - PowerPoint PPT Presentation
SUSTAINABILITY IN THE OIL AND GAS INDUSTRY UIC, Symposium on Energy, Environment and Sustainability (SEES) Harriet Seymore April 20, 2020 OVERVIE IEW Harriet Seymore, MBA, MPH Oil and Gas Value Chain Managing Partner, Ayam Solutions
UIC, Symposium on Energy, Environment and Sustainability (SEES) Harriet Seymore April 20, 2020
Harriet Seymore, MBA, MPH
Managing Partner, Ayam Solutions
hseymore@hlsvisions.com www.hlsvisions.com
http://www.linkedin.com/in/harriet seymore
Oil and Gas Value Chain Sustainability Defined Sustainability Goals Examples in the Industry Additional Resources
OVERVIE IEW
■ 'Upstream’ ’ - extracting oil and natural gas from the ground ■ ‘M ‘Midstream’ - safely moving O&G thousands of miles ■ ‘D ‘Downstream’ - converting these resources into the fuels and finished products
*Image from oilfieldjobshop.com
■ "Maximize cleaner oil and gas production and products, while minimizing impact on external environment and society."
*GULF ENERGY SURVEY – Published in the Petroleum Economist NOVEMBER 2019
COMPETITIVE ADVANTAGE SOCIAL PRESSURES PRESSURE FROM INVESTORS
Re Reducing emissions i
in o
■ Zero net growth in
■ 3.5Mte of sustainable GHG reductions by 2025 ■ 0.2% industry leading targeted methane intensity
Im Improving our P
Products ■ Provide lower emissions gas ■ Develop more efficient and lower carbon fuels, lubricants and petrochemicals ■ Grow lower carbon
Cr Creati ting low c
carbon bu businesses ■ Expand low carbon and renewable businesses ■ $500 million invested in low carbon activities each year ■ Collaborate and invest in the OGCI’s $1bn+ fund for research and technology.
*Taken from BP 2019 Sustainability Report
A guide to sustainability across the life of a project (Royal Dutch Shell PLC Sustainability Report 2019)
Identify and assess Select Define Execute Operate Decommission and restore Id Identify P People who may be interested in or affected by the project
Engage w with s stakeholders (e.g. communities, host governments and NGOs) and feed responses into our risk analyses and decision-making process
Conduct b baseline s studies of the local environment (e.g. water, biodiversity and social livelihoods) and consider how the project may affect it Based on assessments of potential impacts and stakeholder engagement, identify m mitigation a and enhancement m measures Im Implement a a m mitigation p plan for project development, construction, operation, decommissioning and restoration
*Information taken from Royal Dutch Shell PLC Sustainability Report 2019
■ Flaring ■ Water Usage ■ Plastic waste/recycling ■ Social Impact ■ Greenhouse gas emissions/particulates ■ Carbon reduction
*GULF ENERGY SURVEY – Published in the Petroleum Economist NOVEMBER 2019
R E S O U R C E S
UN Sustainability Goa
https:// https://www.un.org
Mapping the Oil and Gas industry to
An An Atl tlas: as:
http:// http://www.undp.org
undp dp/libra rary ry/Sustaina ble%20Develop
ractives/For%
ng%20the%20Oil%20and%20Gas%20industry ry%20to%
he%20Sustainable%20Develop
%20a %20an%20A %20Atla las_F s_Feb2017.pd b2017.pdf
Oi Oil and Gas Cli l and Gas Climat mate Ini e Initi tiati ative ( e (OGCI) OGCI)
https://oilandgasclimateinitiative.com
Delivering Energy Responsibly – Sustainability Report 2019 Royal Dutch Shell PLC
https://reports.shell.com/sustainability- report/2019/servicepages/downloads/files/shell_sustain ability_report_2019.pdf
Energy with Purpose – BP Sustainability Report 2019
https://www.bp.com/content/dam/bp/business- sites/en/global/corporate/pdfs/sustainability/group- reports/bp-sustainability-report-2019.pdf