O&G Members Banner

Oil Gas Asset integrity Management

What Are the World’s Biggest Oil Operators Doing To Minimise Gas Flaring?

By:
Posted: 05/20/2014

The world’s major oil operators are investing billions of dollars to drastically reduce the flaring and venting of associated gas – Oil and Gas IQ explores how Saudi Aramco, Dana Petroleum and ENI are leading this change.

Over 140 billion cubic metres of natural gas is lost every year through flaring and venting, which is the equivalent of one third of the total gas consumed annually by the European Union. Whilst occasional flaring and venting is necessary for safety reasons, continual flaring and venting is preventable, wasteful and damaging to the environment.

With global gas usage on the rise and pressures on the petroleum industry to mitigate its environmental footprint, the world’s major oil operators are now investing billions of dollars to capture, utilize and monetize their associated gas.

LEARN MORE:

Have Your Say
Rate this feature and give us your feedback in the comments section below
To continue viewing this content please fill out the form below and become an Oil & Gas member.
Or if you're already a Oil & Gas member, sign in below to download.
Join

By entering in your information and submitting the form, you give the sponsor permission to contact you regarding their product and you agree to our User Agreement, Privacy Policy, and Cookie Policy.

By:
Posted: 05/20/2014