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TotalEnergies ADR

$50.60

+ 0.96% undefined

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10/11/2021

16h10

TotalEnergies

€44.22

+ 2.01% undefined

Paris

10/11/2021

17h39


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Breadcrumb
 1. Home
 2. United States: TotalEnergies and Qnergy deploy an innovative technology to
    reduce methane emissions on the Barnett field


UNITED STATES: TOTALENERGIES AND QNERGY DEPLOY AN INNOVATIVE TECHNOLOGY TO
REDUCE METHANE EMISSIONS ON THE BARNETT FIELD

10/11/2021

News

Paris, October 11, 2021 – As part of its effort for continuous progress and
sustainable development, TotalEnergies announces deployment of an innovative
technology developed by Qnergy, to significantly reduce methane emissions
related to its operations on the Barnett gas field in the United States.

An innovative and efficient technology

The solution proposed by Qnergy uses a technology allowing to convert methane
powered instrumentation to compressed air powered instrumentation, thus
eliminating the release of methane to the atmosphere during the process.

During a successful pilot project at the Barnett site in March 2021, Qnergy’s
technology proved to be reliable, simple to install and easy to operate,
allowing to eliminate up to 98% of the methane venting emissions related to
instruments using natural gas.

Following successful additional tests, TotalEnergies has decided to install this
new technology by deploying 100 units on the Barnett field in 2021 and 2022. The
deployment of 300 additional units throughout the field will reduce methane
venting emissions from pneumatic devices by approximately 7,000 tons a year by
end 2024.

From now on, new developments on the Barnett field and across the Company will
be designed without instruments using natural gas. 

“To fully play its role in the energy transition, notably as a substitute for
coal, the integrated natural gas chain must limit its methane emissions as much
as possible. We have successfully demonstrated the effectiveness of Qnergy’s
technology on the Barnett field. By immediately deploying this technology on our
US onshore operations, we are actively demonstrating our commitment to reducing
our own methane emissions by 20% between 2020 and 2025,” said Carole Le Gall,
Senior Vice President Sustainability & Climate at TotalEnergies. 

Ory Zik, CEO of Qnergy, declared: “We are thrilled to support TotalEnergies’
global effort to eliminate methane emissions from the natural gas supply chain.
This 100-unit deployment is one of the largest projects in the pneumatic devices
sector. It marks the beginning of a new scale of emission mitigation across this
sector.”

Reducing methane emissions is a priority for TotalEnergies

TotalEnergies’ performance in reducing methane emissions is one of the best in
the industry. The company has cut its emissions by close to 50% since 2010,
through actions focused on different sources – such as flaring, venting and
fugitive emissions – and by complying with stringent design standards for new
projects to ensure that methane emissions are close to zero. The Company has
already reduced routine flaring by more than 90% since 2010 and has pledged to
eliminate the practice by 2030. 

TotalEnergies’ achieved to lower the methane emissions intensity of its operated
gas facilities to below 0.1% in 2020. The Company has now set an objective of a
further 20% reduction of absolute methane emissions from its operated oil and
gas assets in 2025 compared to 2020.

In November 2020, TotalEnergies signed onto a second phase of the United Nations
Environment Programme’s Oil and Gas Methane Partnership (OGMP 2.0), supporting a
broader, more ambitious reporting framework extended to cover the entire gas
value chain and non-operated assets. The Company is also a signatory of the
Methane Guiding Principles.

TotalEnergies is a founding member of the Oil and Gas Climate Initiative (OGCI),
a $1 billion climate fund that has also invested in Qnergy.


____


About TotalEnergies
TotalEnergies is a broad energy company that produces and markets energies on a
global scale : oil and biofuels, natural gas and green gases, renewables and
electricity. Our 105,000 employees are committed to energy that is ever more
affordable, clean, reliable and accessible to as many people as possible. Active
in more than 130 countries, TotalEnergies puts sustainable development in all
its dimensions at the heart of its projects and operations to contribute to the
well-being of people.

About Qnergy
Qnergy provides power solutions that work reliably with a broad range of heat
sources including raw natural gas and biogas. Qnergy’s Stirling engines are
enclosed, frictionless external combustion systems that require no lubrication,
oil-change or repair and are capable of delivering tens of thousands of hours of
uninterrupted operation. Qnergy leverages it’s reliable off-grid power to drive
air compressors that help the natural gas industry eliminate methane emission
from pneumatic devices.


TotalEnergies Contacts

 * Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l 
   @TotalEnergiesPR
 * Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

Qnergy Contacts

 * Ory Zik : +1 617 9433215 | ory.zik@qnergy.com 


Cautionary Note
This press release, from which no legal consequences may be drawn, is for
information purposes only. The entities in which TotalEnergies SE directly or
indirectly owns investments are separate legal entities. TotalEnergies SE has no
liability for their acts or omissions. The terms “Company” or “TotalEnergies
company” refer collectively to the company TotalEnergies SE and the companies it
controls directly or indirectly. Such terms are used solely for the sake of
convenience for purposes of the present communication. Likewise, the words “we”,
“us” and “our” may also be used to refer to subsidiaries in general or to those
who work for them. This document may contain forward-looking information and
statements that are based on a number of economic data and assumptions made in a
given economic, competitive and regulatory environment. They may prove to be
inaccurate in the future and are subject to a number of risk factors. Neither
TotalEnergies SE nor any of its subsidiaries assumes any obligation to update
publicly any forward-looking information or statement, objectives or trends
contained in this document whether as a result of new information, future events
or otherwise.


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