Innovations in LNG & FLNG for the Energy Transition

New strategies and technologies for transport and storage of natural gas will change the availability and affordability of gas, whilst reducing our carbon footprint. Infrastructure developments and integration for pipeline and LNG options are essential to ensure the efficiency of the system, reduce duplicity, diversify sources and increase competitiveness for producers, transit countries and consumers. Shorter term gas infrastructure and storage will play an instrumental role in the transition to new energy sources.

Innovative developments in LNG and FLNG are helping to open up new frontiers and make gas more competitive, including its use as a transition fuel. Digitalisation allows for processes to become more efficient and enhanced communications with all customers across the entire value chain.
FLNG technology offers countries a more environmentally-sensitive way to develop natural gas resources. As demand increases for conventional uses of LNG, we also expect to see an increase in LNG-driven ships in the coming decade. IMO 2020 has placed a cap on sulphur emissions from ships, and due to low sulfur content requirements, LNG has been highlighted as a viable solution. This forum will look at the future prospects for FLNG development together with the increased use of LNG as a transition fuel.

This forum will focus on the ways towards zero methane emissions, including overview of the general pictures of global methane emissions from various sources, monitoring, treatment and prevention technologies, best practices, innovations and advanced technologies solutions such as; imaging, sensors, robotics, UAV, AI, among others, government regulations and industry roadmap.

The use of hydrogen in transportation and stationery power supply is free of on-board carbon emission and offers an alternative climate change solution. This forum will present use cases, efficient and innovative generation processes, distribution and transportation. The forum will also discuss production pathways comparing their environmental and economic impacts and demonstrate viable technology solutions for the distribution and storage challenges of the tiny molecules.

Safety of the people, assets and environment has always been and will continue to be the focus of the industry. Assessment of all the risks and uncertainties and the development of practical strategies is necessary to ensure highest safety standards and risk minimisation and mitigation. Achieving those objectives are dependent on training, quality data and robust workflow processes and robust and reliable procedures in place to identify, evaluate and address the broad variety of risks inherent in the oil and gas industry. In this forum we will look at best practices, increasing adaptation of innovation in technology, and strategies as requirements for highest level of safety and successful risk management as part of a good governance.

The industrial world is becoming more digitally connected, resulting in smarter and more productive operations. With the increasing amount of data, internet-connected devices and automation, cybersecurity is a higher priority than ever. Being the largest industry in the world, oil and gas companies are a major target for cyberattacks. No organisation, regardless of size or industry, is immune to cyberattacks, and just one breach could cause significant catastrophic/safety financial, reputational or regulatory consequences. So, today’s oil and gas industry needs more innovative and efficient ways to maintain security. This session will present how the oil and gas industry maintains safety, efficiency and capitalises on innovative, cost-saving technologies and big data without compromising security, operations and the environment.

The new requirements and challenges facing the oil and gas industry, have become a major challenge for managers and employees in the oil and gas industry. The energy transitions and new product trends, as well as evolving employee expectations, are prompting our industry to reimagine the make up and performance of their workforces. Environmental responsibility, sensitivity to innovation and teamwork are coming to the forefront. The rapid development of technology dictates the need for new approaches to training and retraining, closer and more effective interaction between educational centers and the industry. The forum discusses some of the best practices and solutions to recruiting and retaining the best talent for the industry.

Sustainable, reliable, secure and cost-effective supply of materials, equipment, technology and services is critical for the oil and gas industry. The greening of the supply chain can promote sustainability and transparency. Relationships between sustainability and value creation will be a key issue to be tackled over the long term resulting in new business relationships with demonstrable sustainable strategies. Sustainable procurement considers the whole life cost of goods through Life Cycle Assessment, to ensure it is economical in a comprehensive manner rather than basing decisions primarily on price, quality and time. The forum will also look at new local content policies which are being introduced in many countries adding complexity and creating new business models for the oil and gas industry to secure the supply of energy required for the next decades.