Category

powerful thinking
30
Jul

io consulting’s progress to net zero watch

The Paris Agreement aims to keep the increase in global temperatures well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius. To do this will require a rapid cut in current rate of CO2 emissions and programmes to actively remove CO2 through...
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27
Jul

future-proofing the offshore industry

The energy transition and the UK’s drive to net-zero requires the oil and gas industry to embrace energy efficient operations, while supporting the growth of CCS, offshore renewables, and hydrogen. written by Mark Dickson Oil and gas as a source of energy is a significant fraction of the 2050 energy mix, despite many opinions in the popular...
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16
Jul

CCUS – how smaller E&Ps can get involved & maximise value

written by Rob Thomson & Anil Lad With the rise of clean, emission free renewable energy sources, oil & gas is becoming a smaller proportion of total global energy demand [1]. The oil & gas industry is responsible for a significant share of carbon emissions, with the 20 largest carbon emitters having contributed to 35%...
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10
Jul

fuel cell electric vehicles market & infrastructure considerations

As the energy transition progresses, a key area to consider is the decarbonisation of transportation. How this will be achieved remains the subject of fierce debate: will electric vehicles dominate the road?. Will hydrogen fuel cell vehicles take over?, or is the solution a blend of technologies?. Elon Musk has denounced fuel cells as ‘fool...
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23
Jun

why oil & gas companies should pivot to hydrogen

written by Mark Hollis The oil & gas industry will still be producing gas for at least another two decades to cater for at least 22% of the world’s energy consumption even in the IEA 2°C Scenario (2DS) as discussed in our earlier article[1]. Currently the industry still has social licence to operate and the...
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05
Mar

Middle East energy transition – can the Jafurah gas development release all Saudi oil for export?

written by: Graham Brook, Mark Dickson, Safina Jivraj This week various press articles[1][2][3] lauded Saudi Aramco’s announcement of the commitment to develop the Jafurah gas field for a mere USD 110bn, which will release some 2Bcf/day and a recoverable reserve of 200 Tcf. io explores this issue and contends that Saudi Aramco will be able...
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13
Feb

the energy transition

What can Independent Oil Companies learn from the Majors? Written by: Lee Billingham and Mark Dickson Every day it seems the pressure and rhetoric increase in relation to climate change. In response, the Major oil and gas companies (Majors) have taken steps to evolve their operations. Many have made investments in renewable power generation and...
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23
Jan

starting the energy transition in E&P

part 2: a way forward for independent E&Ps written by: Mark Dickson, VP energy transition In our previous article, io concluded that the Energy Transition is here and now is the time for the Independent E&P companies to address the new pressures that they are under. This article provides a framework for Independent E&Ps in...
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16
Jan

starting the energy transition in E&P

part 1: risks for independent E&Ps written by: Mark Dickson, VP energy transition Introduction The world will still need oil and gas in 2050, even in the IEA 2°C Scenario[1] (2DS) – where oil provides 29% of the energy supply and gas 22%. However, the era of Energy Transition based on the consensus view of...
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09
Jan

what colour is your hydrogen?

hydrogen as a new energy carrier written by: Christopher Malins, James Varney & Mark Dickson The term “hydrogen economy” refers to the vision of using hydrogen as a low-carbon energy carrier and as a substitute for current fossil fuel-based transport and heating. Hydrogen is attractive as when burned to produce heat or reacted with oxygen...
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