Baker Hughes has recently welcomed in April its new North Sea Vice President for oilfield services (OFS) – Marianne Davenport. She has decarbonizing the company’s operations and transitioning away from fossil fuels as top priorities in her agenda.
“There’s a lot happening in Europe around both these technologies at the moment…CCUS is something that we can move on immediately to reduce CO2. The same applies to hydrogen production, transportation and distribution – there’s tech ready now to progress that,” said Mrs Davenport.
The company also plans to use its current resources in adjacent markets like CCUS and hydrogen. It provides carbon capture services like Pre-FEED and FEED consultation and project design, capture and purification, CO2 compression technology, etc. It has been facilitating its clients in running pilot-scale and CCUS projects.
Baker Hughes acquired Compact Carbon Capture in November last year – a carbon capture development company in order to follow through on its strategic commitment to lead in the low carbon economy. Its goal is to develop decarbonization solutions for carbon-intensive industries like oil and gas.
Baker Hughes Examines Other Ways To Cut CO2
Being responsible for the critical North Sea region, Mrs Davenport also sees cutting offshore operational emissions as one of the areas to examine. On how to reduce CO2 emissions, the company plans to look at ways to take people off the rigs to work remotely.
It wants to cut travel time and re-examine the tasks for workers that could be done from a distance. According to Mrs Davenport, the company is open to partnerships with traditional players, new energy customers, and governments to address the challenges of the energy transition.
“No one company has all the solutions and this is an unpaved path. Dialogue is important but so is coming together to set out how we can move this forward. We can help in that regard from a technology and project management perspective,” she added.
As currently, there is a lot of uncertainty of what technological pathway would provide the best, most affordable solution for reducing CO2 emissions, companies are focused on developing critical carbon negative technologies like carbon capture and hydrogen. Baker Hughes company has the skill sets to participate in the net zero economy and bridge the gap between ambition and actions.