Egypt, Chevron Ink Methane Emissions Reduction Pact for Hydrocarbons Industry

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The Egyptian Ministry of Petroleum and Mineral Resources (MOPMR) has signed a Memorandum of Understanding (MoU) with the technology arm of global major Chevron to cooperate on research, development and implementation of technologies aimed at reducing methane emissions from the country’s oil and gas industry.

Chevron New Ventures will host MOPMR employees at Chevron facilities in the US where studies on methane control technologies, measurement practices and emissions reduction solutions will be held.

“Decarbonization is a core element of the Egyptian Ministry of Petroleum and Mineral Resources’ strategy,” adding that “Building on the success of COP27 Decarbonization Day, we will collaborate with our strategic partners like Chevron to further drive emissions reduction and reduce the carbon footprint of our hydrocarbon resources,” Tarek El Molla, Minister of Petroleum and Mineral Resources, Egypt said.

MOPMR and Chevron will share best practices on methane emissions reduction as part of Egypt’s efforts to align with the United Nations’ Methane Reduction Roadmap launched at the COP 27 Summit in November 2022, the Global Methane Pledge and the country’s climate action strategy.

Chevron and MOPMR started working on the terms and conditions of the MoU in 2022. The MoU follows Chevron reducing its methane emissions from upstream operations by 50% since 2016 and has been present across Egypt’s upstream, midstream and downstream sectors since 1937.

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Nicholas Nhede

Nicholas Nhede

Nicholas is an energy sector journalist with a passion on how technology and diversification of the energy mix can be used to address energy sector challenges. Nicholas holds a diploma in Journalism and Communication studies and has been covering energy-related topics including the Internet of Things, distributed energy and digitalisation since 2015.

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