Charlotte-based Honeywell International, Inc. and Houston-based energy services company Weatherford International, LLC have teamed up to deliver a comprehensive emissions management solution for the oil and gas industry.
The collaboration combines Honeywell's emissions management suite with Weatherford's CygNet SCADA platform, according to a Honeywell news release. The tool will monitor, report, and help reduce greenhouse gas emissions, flammable hydrocarbons, and other potentially dangerous and toxic gases.
The integrated solution enables upstream oil and gas operators to track emissions data in near real-time, identify and address potential issues, and meet regulatory requirements. The collaboration also provides customers with access to advanced analytics and reporting capabilities, the release noted.
"Honeywell's partnership with Weatherford highlights the importance of empowering organizations with solutions that can help quantify and reduce emissions within the energy industry," Honeywell Process Solutions President Pramesh Maheshwari said. "By integrating our emissions management solution with Weatherford's well lifecycle technology, our customers can now accurately set targets and monitor near real-time progress on their path to net-zero”.
"Through this collaboration with Honeywell, we have built an alliance that further bridges the gap between technological excellence and environmental stewardship," Weatherford President and CEO Girish Saligram said. "Together, our transformative offering provides cutting-edge tools and actionable data to help customers reach their sustainability goals with confidence and efficiency”.
Honeywell said its aim is to help the energy industry reduce its environmental footprint. In 2023, Honeywell announced its plans to realign its business segments to three compelling megatrends: automation, the future of aviation, and energy transition, according to the company’s website.
Weatherford's CygNet SCADA platform converts data into useful information for a robust and scalable means of gathering, managing, and distributing data throughout the enterprise. It collects diverse data in real time from downhole sensors, electronic flow measurement (EFM) devices, wellheads, surface facilities, plants, and pipelines. The CygNet platform enables users across every business function to analyze and prioritize the data needed for daily operations, combining workflows for strategic decision-making and optimizing field and pipeline productivity, according to the company’s website.
Honeywell describes itself as an integrated operating company serving a broad range of industries and geographies around the world. Its business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by its Honeywell Accelerator operating system and Honeywell Connected Enterprise integrated software platform. It provides solutions through its aerospace technologies, industrial automation, building automation and energy, and sustainability solutions business segments, according to the release.
Weatherford describes itself as providing innovative energy services that integrate technologies with advanced digitalization to create sustainable offerings for maximized value and return on investment. Weatherford operates in approximately 75 countries and has approximately 18,000 team members representing more than 110 nationalities and 335 operating locations.
To contact the author, email rocky.teodoro@rigzone.com
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.