ABB research shows that offshore oil and gas companies can expect to reduce carbon emissions by an average of 300,000 tons per production facility per year by operating autonomously [1], which is equivalent to the emissions of 150,000 cars [2].
Autonomous operation will increase the reliability and predictability of energy supply.
Annual cost savings of up to $30 million [3]
ABB today launched the second report in its Energy Transition Equation series, the Offshore Oil and Gas Report, showing how industrial customers can reduce carbon emissions and manage the energy transition to a more sustainable future.
Based on nine months of research and modelling, the Offshore Oil and Gas report highlights how enabling autonomous operations through early adoption and integration of automation, digitalisation and electrification technologies can reduce carbon emissions for offshore production facilities by more than 300,000 tonnes per year (approximately 25%). This is equivalent to taking 150,000 cars off the road and is the same amount of CO2 as the annual loss of 5 million tons of glacier mass [4].
Scan code to see the full report:
“The world needs more energy,” said Brandon Spencer, president of ABB’s energy industry. “Even as renewables scale up, we still need to invest in oil and gas infrastructure to ensure the availability and stability of energy supplies.” Now is the time to make these investments work, using the right technologies to ensure energy production from hydrocarbons is more sustainable as we continue to develop renewable resources.
The report also shows how companies can improve productivity by operating autonomously, saving up to $30 million a year in expenses while increasing net revenue by up to $120,000.