Resource

Improving Carbon Competitiveness: GHG Benchmarking and De-Risking CCUS

Summary

Capital projects we develop today have a significant positive and negative influence on corporate decarbonization goals. In this on-demand webinar, members of IPA’s Carbon Management & Sustainability team highlight the tools and frameworks developed by IPA, in collaboration with industry subject-matter experts, to help project organizations and project teams benchmark their GHG performance against industry peers and identify emerging best practices that lead to an optimal low-carbon and low-cost project performance.

We also discuss Carbon Capture, Utilization, and Storage (CCUS) projects as a key decarbonization lever for the industry. Through IPA’s evaluation of numerous CCUS projects in recent years, we highlight cost and schedule performance trends and discuss key risks that are hindering more projects from taking final investment decision (FID). Finally, we share details of IPA’s efforts to continue growing our capabilities to help CCUS project teams make better early phase decisions.

Speakers

Adi Akheramka
Manager, Carbon Management & Sustainability
Adi Akheramka focuses on improving the sustainability performance of individual capital projects and project delivery systems through effective benchmarking and adoption of industry Best Practices. He led the launch of, and now coordinates, the Joint IPA-Industry Carbon Working Group, a collective of subject matter experts from 35+ owner companies working together to develop industry-standard frameworks and metrics to improve project-specific greenhouse gas (GHG) performance.

Ashling Neary
Associate Research Analyst
Ashling Neary is an Associate Research Analyst in IPA’s Carbon Management & Sustainability group, focusing on Carbon Capture, Utilization, and Storage (CCUS) projects. In addition to contributing extensively to IPA’s CCUS Project Cost & Schedule Norms multi-client research study, she has also completed several early cost benchmarking engagements for CCUS projects.

Ulugbek Djuraev
Associate Research Analyst
Ulugbek serves as an Associate Research Analyst in IPA’s Carbon Management & Sustainability group, working on predictive models to calculate indices for greenhouse emissions from hydrocarbon production in offshore and onshore oil and gas fields. His expertise is in reservoir characterization, data assimilation, and subsurface production optimization, with significant research experience in developing predictive models using deep learning.