20
Aug
2024
Sentinel Subsea stands guard over subsea methane emissions
Delighted to meet up with Neil Gordon (CEO) and Sam Morrison (CFO) of Sentinel Subsea based in Aberdeen. Sentinel Subsea specialises in the passive monitoring of subsea infrastructure and equipment, Sentinel Subsea’s low cost and easy to deploy technology continuously monitors the integrity of subsea oil and gas assets and carbon capture sites, significantly lowering risk, reducing inspection, repair and maintenance (IRM) costs and protecting the environment.
Their transformative technology, WellSentinel™, detects and alerts in the case of a loss of containment, de-risking wells and helping operators. In contrast to conventional subsea well monitoring and leak detection methods, WellSentinel™ is a long-term remote solution, operating without the need for active power or data communication.
This unique technology reduces operating costs by lowering risk and reducing the need for repeated vessel-based inspection. The non-invasive and easy to deploy technology also reduces the emissions created by marine operations and gives an early warning on unwanted loss of containment, averting potential long-term environmental impact associated with undetected leaking subsea assets.
Methane abatement is critical to mitigating climate change, given its higher warming potency when compared with carbon dioxide.
Earlier in January, Adnoc’s board increased its budget allocation for decarbonisation projects, technology, and lower-carbon solutions to $23 billion, up from the previously earmarked amount of $15 billion.
At the Cop28 climate conference in Dubai last year, 50 oil and gas companies, including Adnoc and Saudi Aramco, signed the Oil and Gas Decarbonisation Charter, which calls for net-zero emissions by 2050 or before. Adnoc are also aiming for “near-zero” upstream methane emissions and zero routine flaring by 2030.
HFI is keen to play its part in supporting its clients’ energy transition ventures in the Middle East with our HFI Net Zero Legal Solutions team. The region continues to be dominated by petroleum sector ventures which are anticipated to provide the necessary sales, profits and cash flow to allow diversification into clean energy ventures. Nuclear, solar, green hydrogen and CCS are now substantial and growing parts of the energy mix of the region, with the total energy market to 2030 valued at US$722 billion.