ONGC signs Cooperation Agreement with TotalEnergies

Goa: On the occasion of India Energy Week 2024, ONGC signed a Cooperation Agreement with TotalEnergies to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA (Airborne Ultralight Spectrometer for Environmental Applications) technology.
 
The Cooperation Agreement was signed by Country Chair of TotalEnergies in India Dr. Sangkaran Ratnam, and ONGC Director (Exploration) Sushma Rawat on 6 February 2024.

ONGC has been inviting international technology partners to help reduce its methane emissions in India by 2030, while TotalEnergies has decided to share its AUSEA technology in an effort to pivot the whole industry towards zero methane emissions by 2030. Both companies are party to the Oil and Gas Decarbonization Charter (OGDC), global industry initiative launched at COP28.

Read Also : RBI issues guidelines for voluntary transition of small finance bank into Universal Bank

ONGC joins a growing list of national companies who have signed cooperation agreements with TotalEnergies for the use of AUSEA including Petrobras in Brazil, SOCAR in Azerbaijan, Sonangol in Angola and NNPCL in Nigeria.

One-of-a-kind technology by TotalEnergies, the AUSEA gas analyzer is mounted on a drone, and was developed by TotalEnergies and its R&D partners. Consisting of a dual sensor capable of detecting methane and carbon dioxide emissions, AUSEA identifies their source at the same time. This technology marks a step change in methane emissions detection and measurement compared to traditional techniques. By allowing access to hard-to-reach emission points, on all types of industrial facilities, both offshore and offshore, AUSEA is reputed as one of the most accurate technologies in the industry.

“Our industry’s priority in the fight against climate change is to slash methane emissions from operations. Aiming for zero methane emissions by 2030 is our collective ambition as signatories of the OGDC at COP28. We are pleased to collaborate and make our AUSEA technology available to ONGC, in India, to detect, measure and eventually reduce methane emissions on their own assets”, said the Chairman and CEO of TotalEnergies Patrick Pouyanné.

Read Also : EIL and Mongol Refinery resumed external construction activities at Mongol Refinery Project site

Commenting on the pact, ONGC Chairman and CEO Arun Kumar Singh said “In line with our collective ambitions as signatories of the OGDC at COP28, ONGC is scouting for new technologies to reduce its methane emissions by 50 % by 2027 and by 80% in 2030 compared to 2020. The introduction of the AUSEA technology will further strengthen our efforts to achieve zero methane emissions by 2038.”

TotalEnergies, a pioneer in slashing down methane emissions. After halving its methane emissions from its operated sites between 2010 and 2020, TotalEnergies set ambitious targets to step up its efforts and reduce methane emissions by a further 50% by 2025 – with the ambition to reach this target a year early, in 2024 - and by 80% in 2030, compared to 2020.

TotalEnergies is also committed to promoting the United Nations Oil and Gas Methane Partnership (OGMP 2.0) framework with other national and international oil companies. The Company has now held the OGMP Gold standard status for the three years in a row.

Read Also : World's Largest Airport Coming; 5 times bigger than Dubai International Airport