SPE Agreements Will Promote Social Responsibility, Sustainability

The memorandum was signed at IOGP’s London office by 2019 SPE President Sami Alnuaim, left, and IOGP Executive Director Gordon Ballard.

SPE has signed memorandums of understanding (MOUs) with two leading industry associations, enabling closer collaboration on sharing technical knowledge and meeting the world’s energy needs in a safe and environmentally responsible manner.

The agreements were signed with the International Association of Oil and Gas Producers (IOGP) and IPIECA, both of which have global memberships and work to promote industry safety and environmental and social performance.

SPE and IOGP pledged to work together to improve sustainability performance among oil and natural gas companies. The memorandum was signed at IOGP’s London office by 2019 SPE President Sami Alnuaim and IOGP Executive Director Gordon Ballard.

“This MOU formalizes a long-standing collaboration between SPE and IOGP,” said Mark Rubin, SPE’s chief executive officer and executive vice president. “Our two organizations have been closely aligned for many years, and we have appreciated IOGP’s support for our programs, especially their active involvement in our International HSE conference series.”

Opportunities to work together on sustainability performance include creating conversations in workshops, conference panel sessions, and publications that support decision-making to help integrate sustainability factors into business performance. IOGP will participate in SPE’s conferences and workshops, and SPE will promote IOGP reports among SPE’s membership.

“Oil and gas continue to provide a significant proportion of the world’s energy to meet growing demands for heat, light, and transport,” Ballard said. “Our collaboration to improve sustainability performance and reporting shows our strong commitment in this area.”

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