Saipem, Schlumberger join OGCI zero methane initiative

Italy's Saipem and US counterpart Schlumberger have become the latest companies to join the Oil and Gas Climate Initiative (OGCI)'s Aiming for Zero Methane Emissions Initiative.

OGCI, which includes 12 of the world's largest oil and gas companies, launched the pledge in March this year, targeting a reduction in industry methane emissions to nearly zero by the end of the decade. A number of oilfield services groups and specialists involved in monitoring, detecting and eliminating methane emissions have already signed up, in addition to the upstream companies that are participating.

"Eliminating methane emissions and routine flaring is our chance to show the world that our industry is serious about addressing the climate crisis," Schlumberger's emissions business director, Kahina Abdeli-Galinier said in a statement. "As a supporter of the Aiming for Zero initiative, we make a very clear statement to signatory participants that we are aligned with their goals, and we have the expertise and capabilities to help them get to zero methane emissions by 2030 or sooner."

Saipem said that its involvement in the initiative represented "an important additional step in the company's path towards decarbonisation and confirms how sustainability is an increasingly strategic priority for the company."