May 9, 2024

In a major environmental transfer, Schlumberger SLB has been chosen by Eni S.p.A. E to develop complete plans for measuring and reporting fugitive methane emissions at world amenities.

This venture, at the moment underway, aligns with the United Nations’ Oil & Fuel Methane Partnership 2.0 (OGMP 2.0) reporting requirements, marking a vital step in addressing methane emissions.

Schlumberger will leverage its Finish-to-end Emissions Options enterprise (SEES) to ship exact measurement and reporting plans for Eni. This initiative goals to supply Eni with correct information for clear reporting and strategic efforts to scale back methane emissions.

SEES will conduct source-level measurements and simulations at Eni’s amenities throughout Africa, Asia, Europe, and North America, aligning with OGMP 2.0 reporting requirements. Schlumberger will then analyze the info and help Eni in reporting source-level emissions to the OGMP. This venture follows Schlumberger’s analysis of optimum measurement applied sciences to suggest tailor-made options for every facility and its particular necessities.

Value Motion: SLB shares are buying and selling decrease by 0.57% at $55.51 and E greater by 1.23% at $32.86 on the final verify Monday.

Disclaimer: This content material was partially produced with the assistance of AI instruments and was Reviewed And Printed By Benzinga Editors.

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