Baker Hughes, a leading global energy technology company, has announced a significant milestone in flare emissions monitoring achieved in collaboration with bp. The innovative technology, known as flare.IQ, has been deployed by bp to measure methane emissions from its flaring operations, representing a pioneering application for the upstream oil and gas sector.
The implementation of Baker Hughes’ flare.IQ technology has enabled bp to accurately quantify and monitor methane slip emissions from its flares. This heightened level of monitoring has empowered bp to proactively reduce emissions from its flaring activities.
The successful deployment of flare.IQ technology by Baker Hughes spans multiple regions, signifying a notable advancement in the industry’s efforts to address methane emissions from flaring.
According to Fawaz Bitar, bp’s senior vice president of Health Safety Environment & Carbon, the collaboration with Baker Hughes has been instrumental in aiding bp to achieve the first milestone of its Aim 4, stating that “We don’t have all the answers, and we certainly can’t do this on our own.” This underscores the significance of industry partnerships in addressing the challenges of emissions reduction.
Ganesh Ramaswamy, executive vice president of Industrial & Energy Technology at Baker Hughes, emphasized the importance of technological advancements in addressing the energy trilemma of security, sustainability, and affordability. He highlighted that the collaboration with bp serves as a significant milestone and underscores the role of technology as a key enabler for achieving emissions reduction goals efficiently and economically.
The flare.IQ technology, part of Baker Hughes’ Panametrics product line portfolio, leverages over four decades of ultrasonic flare metering technology experience. Its advanced analytics platform provides operators with vital information from their flare systems, such as temperature, pressure, vent gas velocities, and gas composition, to maximize combustion efficiency and minimize emissions. In addition, the flare.IQ enables emissions reporting based on real-time measurement, in compliance with OGMP 2.0 level 4.
Baker Hughes’ dedication to the development of climate technology solutions extends beyond flare.IQ, encompassing a broad portfolio of emissions abatement technologies aimed at enhancing productivity, efficiency, and delivering increased value at scale across customer operations.
In conclusion, the collaborative efforts of Baker Hughes and bp have resulted in a significant breakthrough in flare emissions monitoring, with the successful implementation of flare.IQ technology enabling bp to accurately quantify and monitor methane emissions from its flaring operations. This achievement marks a positive step towards reducing emissions in the oil and gas sector, and underscores the importance of technological innovation in addressing environmental challenges.
For further information, please visit Baker Hughes’ official website: www.bakerhughes.com.
Media Contact:
Chiara Toniato
Phone: +39 3463823419
Email: [email protected]
Investor Relations Contact:
Chase Mulvehill
Phone: +1 281-809-9088
Email: [email protected]
+ There are no comments
Add yours