Energy efficiency and low carbon strategy for O&G industry
ELCS-EN-P
Who should attend?
As part of adapting their activities to the energy transition, oil and gas companies must manage CO2 emissions in the coming period, as already defined by majors and independent operators.
This training aims to focus on the main challenges that the O&G sector will face, both in the transition to low-carbon energy consumption and in increasing energy efficiency. These companies will have to integrate new energies (renewables, hydrogen, etc.) into their energy mix. In addition, CO2 savings will have to be considered in the implementation of their low-carbon plan.
Public :
The training is dedicated to international oil and gas operators (NOCs and IOCs) and is suitable for technical managers as well as top management executives.
Level :Knowledge
Prerequisite :
3-years’ experience in the energy industry and/or Master’s degree in engineering or finance.
Course Content
GLOBAL ENERGY SCENE
-
Duration : 0.5 Day
Energy resources: definition, characteristics, conversion factors.
Energy demand and supply (reserves, industrial sectors) and scenarios. Parameters determining prices.
Climate change and its impact on industry: carbon constraints, markets, stakeholder expectations.
Prospects for the oil and gas sector in the energy transition: IEA scenarios, risk of stranded assets, risks for producing countries, geographical and environmental constraints.
Stakeholder strategies: producing and consuming countries, OPEC, IEA, etc. Financial and political issues.
ENERGY EFFICIENCY AND CARBON INTENSITY OF O&G SITES
-
Duration : 2 Days
Energy assessment and management. Emissions and CO2 footprints of different systems.
Comparison of the overall energy balance of typical upstream and downstream operational sites.
Typical energy efficiency levers: waste heat recovery, optimization of rotating machines, hybridization of energy sources, energy synergies, steam circuits, exchangers, pumps, compressors.
Optimization of facility design, modifications, implementation of innovative technologies.
Case studies and practical examples.
ECONOMICS OF CO2
-
Duration : 1 Day
Carbon Pricing and Economic Implications.
Trends in Carbon Markets and Their Contribution to the Net Zero Pathway.
CCUS (Carbon Capture, Utilization and Storage) Value Chain. Economic Impact and CO2 Impact.
Feasibility, Cost, and Development of the CCUS Chain at Industrial Scale.
Hydrogen Value Chain for Refining. Feasibility, Cost, and Development at Industrial Scale.
Corporate Strategies: The Role of Carbon Accounting in Financial Reporting.
Case Studies and Practical Examples.
DECARBONATION SOLUTIONS
-
Duration : 1 Day
Presentation of the main low-carbon energy sources: solar, wind, bioenergy, etc.
Technical developments and market trends.
Key performance indicators: LCOE, TRI, Payback, etc.
Use of low-carbon energy for upstream and downstream industrial sites.
Case studies and practical examples.
LOW CARBON STRATEGY IMPLEMENTATION PLAN
-
Duration : 0.5 Day
The main principles of a carbon audit.
Key steps following the completion of a carbon audit (emission reduction target, action plan).
Developing an operational action plan, integrating it into the low-carbon strategy.
Learning Objectives
Upon completion of the course, participants will be able to:
integrate the new energy landscape with carbon footprint reduction strategies,
define energy efficiency and manage its improvement potential,
identify and structure decarbonization opportunities in future or existing projects,
incorporate a roadmap for the decarbonization of industrial facilities, taking into account the CO2 economy and technologies such as CCUS, renewables, hydrogen, and other solutions.
Ways & Means
Quiz.
Team games.
Case studies.
Calculations through economics and KPI’s.
Learning assessment
Participants will be evaluated during the training through quiz and exercises.
More
Coordinator :IFP Training instructors, with expertise in the field and trained in modern teaching methods adapted to the specific needs of learners from the professional world.
To French entities : IFP Training is referenced to DataDock ; you may contact your OPCO about potentia l funding. Please contact our disabled persons referent to check the accessibility of this training program : referent.handicap@ifptraining.com