Effective energy management involves making decisions that lead to the conservation of energy and the efficient use of resources for sustainable future. Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Corporation (KPC), is involved in exploration, drilling and production of oil and gas. KOC is fully committed towards energy management, energy efficiency and greenhouse gases (GHGs) emissions reduction, which may help in minimizing energy costs and mitigating environmental effects. In order to meet national and international standards ISO 50001 Energy Management System (EnMS), KOC undertaken a pilot study for developing an effective energy management program for KOC representative process units and main buildings. The objective of the program was to create an energy baseline and identify the potential improvement areas and provide inputs for the implementation of ISO 50001 for certification. KOC has established the Energy Performance Indicators (EnPIs) for each of the process units and specific KPIs has been identified to monitor and control the energy performance. Furthermore, the study highlights the major achievements towards energy management, energy efficiency and greenhouse gas (GHGs) emissions reduction in order to help in minimizing energy costs and mitigating environmental effects.
Kuwait Oil Company (KOC) has commissioned a study to determine the potential contribution that Carbon Capture and Storage alone (CCS), Carbon Capture and Storage with Enhanced Oil Recovery (CCS-EOR) or other identified measures could make to reducing Kuwait's / KOC's Greenhouse Gas (GHG) emissions, by implementation of recommendations. This study was examined various methods to reduce GHG emissions, including CCS, and will provide a strategy for the implementation of various GHG emission reduction technologies for KOC of international and national requirements to address the global challenge of climate change, with particular focus on the Middle East and the Oil and Gas industry. A cost effective GHG emission reduction target for KOC is proposed to limit GHG emissions as Business as Usual in 2030. Achieving this target requires implementing the Prioritized GHG Emissions Reduction Plan with specific Key Performance Measures (KPMs) for KOC. This Plan is based on a package of GHG emission reduction measures that would be cost neutral to KOC. Adopting a similar approach across the whole of Kuwait is expected to reduce emissions by 2030 projections. CCS and CCS-EOR would accrue costs but have the potential to make the greatest contribution to reducing GHG emissions. This Study recommends CCS and CCS-EOR are suitable for longer-term consideration. Furthermore, the top management KPMs has been identified that will help the management to monitor and control the GHGs emissions to address the global challenge of climate change.
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