Tachyus has announced a new contract with INEOS USA Oil & Gas (INEOS) to implement its Aurion platform.
Aurion, a cloud-scalable solution, will aid INEOS in managing greenhouse gas (GHG) emissions, from individual facilities to the corporate level, addressing the growing demand for emissions accuracy and transparency.
Aurion gathers data from various sources and performs clear, traceable calculations to ensure accurate monitoring, prediction and reporting of GHG emissions.
INEOS Energy USA COO Marty Memory said: “We are excited to announce that INEOS Energy has chosen Tachyus’ Aurion platform to manage, monitor, forecast and report GHG emissions.
“With Aurion, INEOS Energy will benefit from streamlined data integration from multiple sources, as well as transparent auditable calculations. Aurion allows us to archive scenarios and forecasts as our plan and budgets change. The Tachyus team made implementation quick and easy, allowing us to hit reporting deadlines.”
This aligns with the increasing regulatory and stakeholder pressure on oil and gas companies to adopt technology for improved emissions management.
Last month, Tachyus also secured a contract with Anschutz Exploration for the Aurion platform.
Anschutz aims to establish a GHG baseline and monitor carbon emissions across its assets, showcasing its commitment to corporate responsibility and environmental, social and governance disclosures.
Additionally, INEOS Energy recently completed the acquisition of China National Offshore Oil Corporation’s US Gulf business from CNOOC Energy Holdings USA.
This acquisition boosts INEOS Energy’s global production to more than 90,000 barrels of oil equivalent per day.
This marks INEOS Energy’s third major investment in the US within three years, following agreements to purchase 1.4 million tonnes per annum of liquefied natural gas from Sempra and the acquisition of Chesapeake Energy’s South Texas oil and gas assets in December 2022 and May 2023, respectively.
