Energy Transition and Sustainability for Oil & Gas and non-petroleum professionals

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Disciplines: Health, Safety, Environment, and Sustainability | Management | Projects, Facilities, and Construction | Reservoir

Course Description

This seminar is designed to give participants an overview about the drivers for Energy Transition, and the potential energy pathways to a Net Zero Emissions future. The historic deal struck at COP28 in December 2023, relates to "transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner... so as to achieve net zero by 2050 in keeping with the science.". The agreement shows the various tracks that will allow us to maintain the objective of 1.5 (degrees Celsius) in accordance with the characteristics of every nation and in the context of sustainable development.

While oil and gas will represent a major part of the energy mix in the future, energy systems will include a significantly larger share of renewables, and low/zero carbon fuels in addition to different initiatives relating to the sustainability aspects such as leveraging carbon capture, utilization and storage to enable sustainable energy supply. Energy efficiency from asset operations and advanced technologies for emissions (and specially methane) reductions will play a key role in lowering carbon footprint, and form key pillars of the value chain to achieve the Net Zero, help to bring resilience for a sustainable future.

The seminar will provide insights and case examples, focusing on opportunities identification, integration and management in areas such as CCUS, hydrogen/ammonia/methanol projects consideration, and deployment for effective end-to-end value creation.

Outline of the course:

• Overview of national energy flows and systems / Sankey Diagrams
• Scenarios considered by main organizations: IEA, OPEC, EIA, bp, Shell, XOM, DNV, IPCC, Rystad Energy
• The sustainability drive: COP26, the IPCC AR6 report and the SDG’s
• Net-Zero Emissions Scenarios and implications of the transformation of the energy sector
• Decarbonization wedges: CCUS, Energy efficiency, Renewables, Zero-carbon fuels
• Energy efficiency: the first fuel
• Energy storage, the different shades of hydrogen with focus on blue, green and grey, transportation options – Worldwide opportunities to develop a hydrogen economy
• CCUS Market Outlook
• The sector electrification of transport, industry and building
• Oil and gas company strategies with respect to the energy transition

Learning Level

Introductory to Intermediate

Course Length

1 Day

Why Attend

The current energy mix is bound to charge significantly over the coming 2-3 decades. This course provides the basis for a global perspective on energy markets, and the options for it to become major part of the solution of the energy sector transformation

Who Attends

Oil and gas professionals, managers, government officials, and other non-oil and gas involved or interested in the energy transition, hydrogen, Carbon Capture, Utilization and Storage (CCUS) / of CO2

CEUs

0.8 CEUs are awarded for this 1-day course.

Cancellation Policy

All cancellations must be received no later than 14 days prior to the course start date. Cancellations made after the 14-day window will not be refunded. Refunds will not be given due to no show situations.

Training sessions attached to SPE conferences and workshops follow the cancellation policies stated on the event information page. Please check that page for specific cancellation information.

SPE reserves the right to cancel or re-schedule courses at will. Notification of changes will be made as quickly as possible; please keep this in mind when arranging travel, as SPE is not responsible for any fees charged for cancelling or changing travel arrangements.

We reserve the right to substitute course instructors as necessary.

Instructor

Other courses by this instructor