Energy transition and Carbon Management
The Oil and Gas Upstream Industry is addressing two simultaneous challenges.
On one hand, the Upstream Industry must continue securing enough oil and gas reserves and production to satisfy the world’s needs, present and future. Supporting the Upstream Industry with relevant advices, studies and technologies has been and will remain for long time a central mission of Beicip-Franlab.
In parallel, the Oil and Gas Industry is transforming itself to become a key player in the Energy Transition. For the Upstream sector, this means auditing, quantifying and reducing its GHG emissions, developing workflows and methodologies to abate the carbon intensity of its operations, improve energy efficiency and use lesser carbon intensive power on operations sites. The Upstream sector will play a central role in developing technical solutions such as carbon capture, utilization and storage in an economically affordable way, and will also contribute to the development of Hydrogen as a low carbon energy vector.
Beicip-Franlab brings its technical, economic and contractual expertise to its customers to address the challenges and the opportunities offered by the Energy Transition. It benefits from the wider scientific, technical and economic expertise of its mother company, IFP Energies Nouvelles (IFPEN), one on the world’s reference R&D and Training Institutions dedicated to the Energy Transition.
Beicip-Franlab Upstream experts complement the expertise of its sister company Axens, which has been offering decarbonation expertise and carbon capture technologies for the Downstream and Midstream Industry since many years. Jointly, Beicip-Franlab and Axens experts address the whole value chain of CO2 management including capture, transport and storage, from the source (which can be a gas field, a gas treatment facility, a cluster of industrial facilities such as refineries, LNG facilities, cement works or steel works) to the well head and the reservoir.
Energy Transition services provided by Beicip-Franlab to its customers are organized along four main business lines: