In July, Swire Oilfield Services ("SOS") announced its strategy to deliver a carbon neutral operation by 2030, with a 65% reduction in emissions by 2025. Specific initiatives are being mapped out based on insights from SOS’ base-year carbon footprint assessment, conducted earlier this year.
The analysis revealed that the bulk of emissions are generated by the production of new offshore containers and associated equipment, with the steel used in construction having a large carbon footprint. SOS is currently partnering with Aberdeen University to explore alternative materials that have lower embodied carbon, but equal or better performance, durability and cost.