McDermott, Schneider Electric and io consulting Join Forces to Develop Net Zero Upstream Facilities

HOUSTON, LONDON and RUEIL-MALMAISON, France, Oct. 8, 2020 /PRNewswire/ —¬†McDermott International, Ltd, Schneider Electric and io consulting today announced a collaboration to advance research and design of carbon-neutral facilities for the upstream oil and natural gas market. The three companies will combine their capabilities and resources to explore and develop a proof of concept based on an offshore platform reference case. The result of the collaboration will be published in a joint study on Net Zero Upstream Facilities before the end of the year.

The study defines a hierarchy of emissions-reduction technologies, ranked by maturity, investment and impact to enable operators to make informed decisions when prioritizing areas for emissions reduction.

“This unique venture demonstrates the valuable intersection of thought leadership, digital innovation and project excellence to advance the energy transition across the globe,” said Samik Mukherjee, McDermott’s Group Senior Vice President, Projects. “By combining our

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