"ISO 50001-Energy Management Systems Accreditation, ADCO Safeguards the Environment with Efficient Energy Utilization"

Abstract

Abstract Hydrocarbons will remain essential to global economic development and prosperity for decades to come. Meeting rising energy demand needs to be reconciled with the goals of energy security and environmental protection. Energy efficiency and conservation can make a major contribution to moving the world onto a more sustainable energy path. Most of the potential for saving energy lies with end users, however the oil and gas industry continues to invest heavily in further improving the energy efficiency of its own operations, reducing waste and helping final consumers to use less fuel. Major challenges remain, notably in countering the increased use of energy to exploit less accessible crude oil resources and to meet tougher fuel-quality standards. The oil and gas industry, as a stakeholder in the energy debate, will play its part in further promoting rational energy use all along the supply chain for the good of everyone. Energy management system is important for any company's decision makers to have important information on how to identify trending in energy use for its operations. This helps major decision makers of a company to be able to generate sound conclusions and prepare for consequences. This paper looks at the energy used by the oil and gas industry in general and focuses on ADCO journey in managing the energy within its operations and assets and its developed energy management system.