Abstract

This study offers an in-depth review of specific facets of the oil and gas industry, emphasizing the role of Floating Production, Storage, and Offloading (FPSO) vessels. It delves into diverse topics, highlighting potential opportunities, a solid research methodology for emissions quantification, and the pivotal challenge of reducing GHG emissions. Among the multitude of opportunities analyzed within the industry's value chain, the upstream sector - encompassing both exploration and production of oil and natural gas - receives considerable focus. This sector can be further divided into key segments characterized by high energy consumption and consequent significant emissions. Notably, the combustion of natural gas for power generation stands out, contributing a substantial 68% of CO2 emissions at related facilities. This process is a primary target for mitigation and energy efficiency enhancements. The intricate interplay between energy generation and CO2 emissions stands at the forefront of current research, emphasizing the need for improving vessel energy efficiency. This paper employs a case-based methodology, evaluating the effectiveness of energy efficiency measures within an FPSO setting and their resulting impact on GHG emissions. Central to this inquiry is a detailed examination of the FPSO Fluminense, strategically located within Brazil's Campos Basin, with the study meticulously examining the relationship between advancements in energy efficiency and emission reductions. While translating these insights into practical applications poses challenges, the momentum generated by rigorous research, combined with policy recommendations addressing GHG emissions in the oil sector, can indeed chart a path toward a more robust, sustainable, and integrated energy future.

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