About the Workshop

The acceleration of global warming effects further instilled a stronger sense of urgency and prompted many oil and gas players to take a serious look at reducing carbon emissions in various projects by announcing more net-zero carbon emission goals. This shift in business strategies also increased the need for collaboration between companies to share technological advancement and novel approaches as a way to survive this major transition.

It is forecasted that more countries are introducing and/or developing more stringent green requirements to qualify for the license to operate. This is the biggest factor for the oil and gas industry to strive to remain relevant, as getting funds from investors may rely entirely on the company’s direction in going green in the future. It has prompted significant efforts to reduce carbon emission in the oil and gas industry, specifically in production and the downstream sector, being the highest emission contributor.

However, the drilling sector is still far behind. Being a highly complex operation, drilling activities face a major challenge in identifying the scopes to report within the Paris Agreement requirement. Comparatively small in the percentage of emission contribution, the drilling sector still need to make an effort to create value in the entire lifecycle, thus, improving the overall business direction.

Workshop Objectives

This workshop aims to gather industry players and subject matter experts to:

  • Identify pain points within drilling operations to be addressed in a long-term carbon reduction project.
  • Create awareness and learn the required certifications, calculation methods, and standards for reporting.
  • Encourage collaboration within the industry to achieve the same goal.
  • Discuss best practices for the APAC region (developing and more developed countries).
  • Learn from countries with more understanding in this topic with more established methods to be shared.
  • Produce a working guideline to promote camaraderie within the industry to achieve an agreed target.