Published by Todd Bush on November 30, 2023
Envana Revolutionizes Emission Management
Enabling Streamlined and Sustainable Operations
Houston – November 29, 2023 – Envana Software Solutions, a joint venture between Halliburton and Siguler Guff, announced today it has been contracted by PETRONAS Upstream Business to support the emissions management of their portfolio. This milestone engagement with Envana demonstrates PETRONAS’ commitment to sustainability, which helps manage their climate-related risk and supports PETRONAS’ ambition to achieve Net Zero Carbon Emissions by 2050.
PETRONAS’ Upstream Business will utilize Envana to measure, track, and report their greenhouse gas emissions. Envana will also enhance PETRONAS’ data-driven approach to its decarbonization strategy. Envana’s emission management product, Envana Catalyst, offers a centralized and integrated digital solution to facilitate the provision of granular, accurate, and transparent emissions data from PETRONAS Upstream Business’ global asset base. Envana Catalyst supports the analysis of emissions sources such as flaring, venting, fugitive emissions, and combustion equipment on each asset.
>>Read about Graforce Winning Petronas Race2Decarbonise for Flare Gas Reduction Solution
Envana is focused on supporting its clients to achieve their emissions reduction targets and ambition to achieve best in class greenhouse gas management. Envana will enhance existing business processes through automation and organization of workflows, the collection and audit of data across multiple constituencies within the company, and the provision of real-time reporting. Envana's powerful API seamlessly and efficiently integrates with existing PETRONAS Upstream Business digital systems to ensure data connectivity and compatibility.
"We are excited to work with PETRONAS Upstream Business in their sustainable emissions management journey," said Nagaraj Srinivasan, a lead director of Envana. "Envana’s powerful emission calculation engines, domain specific workflow context and web service APIs will help PETRONAS Upstream Business achieve data driven environmental stewardship.”
“Innovative emissions management solutions have positioned Envana as a valuable solutions provider for PETRONAS Upstream Business and for the broader oil and gas industry. This engagement signifies our collective commitment to driving sustainability and environmental responsibility for PETRONAS Upstream Business,” said PR Panigrahi, Managing Director and Head of Energy Investments of Siguler Guff and a lead director of Envana.
For more information about Envana and its emissions management solutions, please visit www.envana.com.
Envana provides critical emissions management software-as-a-service (SaaS) solutions to track greenhouse gas emissions in the oil and gas industry and beyond. It is a joint venture company formed by Halliburton and Siguler Guff, a leading multi-strategy private markets investment firm which has over $16 billion under management, estimated as of September 30, 2023. More information can be found at www.envana.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue 🎯 Carbon Clean Achieves Fabrication Milestone on Flagshipone With the Project’s First Carbon Capture Unit Module 🚍 Powering Clean Commutes: Ballard and Wrightbus Team Up for Hydr...
Inside this Issue 💰 FuelCell Energy Announces Debt Financing for Derby Power Projects ⚛️ Plug Power's Expansion Accelerates Green Hydrogen Economy 📝 Zefiro Registers its First Methane Reduction Pr...
Inside this Issue 🏭 Nel ASA: Hy Stor Energy Places Gigawatt Capacity Reservation for Mississippi Clean Hydrogen Hub 🛺 Gearing Up for a Green Highway: Air Products Paves the Way for Hydrogen Transp...
Copenhagen Infrastructure Partners and Uniper Enter Hydrogen Partnership
**Copenhagen Infrastructure Partners (CIP), through its Energy Transition Fund, and Uniper have signed a memorandum of understanding to strengthen collaboration on bringing green hydrogen from CIP’...
World Heading for a 3-degree C Warming Trajectory, as Political Headwinds Slow the Energy Transition
**World heading for a 3-degree C warming trajectory, as political headwinds slow the energy transition**_**WoodMac report looks at the implications of a delayed energy transition, amid political un...
* _FuelCell Energy’s Tri-gen technology produces three products: renewable electricity, renewable hydrogen, and usable water_ * _Marks Toyota’s first port vehicle processing facility in ...
Plug Secures First International PEM Electrolyzer Certification in Korea
Final step completed to enable the commercial sale of Plug electrolyzer systems in Korea ---------------------------------------------------------------------------------------- LATHAM, N.Y., M...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.