Difference between revisions of "CCAC: Oil & Gas Methane Partnership"

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|Participants companies number=9
 
|Participants companies number=9
 
|Participants companies names=BP (United Kingdom), Eni (Italy), Equinor (Norway), Neptune Energy International SA - formerly EngieE&P (United Kingdom), Pemex (Mexico), PTT Public Company Limited (Thailand), Repsol (Spain), Shell (United Kingdom), Total S.A. (France).
 
|Participants companies names=BP (United Kingdom), Eni (Italy), Equinor (Norway), Neptune Energy International SA - formerly EngieE&P (United Kingdom), Pemex (Mexico), PTT Public Company Limited (Thailand), Repsol (Spain), Shell (United Kingdom), Total S.A. (France).
|Participants non-governmental organisations number=6
+
|Participants non-governmental organisations number=5
|Participants non-governmental organisations names=United Nations Environment Programme (Kenya), Environmental Defense Fund (USA), the U.S. EPA’s Natural Gas Star programme (USA), the Global Methane Initiative (USA), the World Bank’s Global Gas Flaring Reduction Initiative (USA).
+
|Participants non-governmental organisations names=United Nations Environment Programme (Kenya), Environmental Defense Fund (USA), the Global Methane Initiative (USA), the World Bank’s Global Gas Flaring Reduction Initiative (USA).
 
|Participants national actors number=13
 
|Participants national actors number=13
 
|Participants national actors names=Australia, Canada, Colombia, Nigeria, United States of America, Denmark, European Commission, France, Italy, Norway,
 
|Participants national actors names=Australia, Canada, Colombia, Nigeria, United States of America, Denmark, European Commission, France, Italy, Norway,
 
Sweden, United Kingdom, Netherlands.
 
Sweden, United Kingdom, Netherlands.
 +
|Participants governmental actors number=1
 +
|Participants governmental actors names=the U.S. EPA’s Natural Gas Star programme (USA).
 
|Participants financial institutions number=1
 
|Participants financial institutions number=1
 
|Participants financial institutions names=World Bank (USA).
 
|Participants financial institutions names=World Bank (USA).

Revision as of 08:59, 14 October 2019

General

Name of initiative CCAC Oil & Gas Methane Partnership (OGMP)
LPAA initiative No
NAZCA Initiative Yes
Website address http://www.ccacoalition.org/en/content/ccac-oil-gas-methane-partnership
Related initiatives
Starting year 2014
End year
Secretariat Denise Sioson, CCAC Secretariat, denise.sioson@un.org
Organisational structure Steering Group members are the Netherlands, Norway, United States, United Kingdom, UN Environment and Environmental Defense Fund;

Company partners are: BP, Eni, Equinor (formerly Statoil), Neptune Energy International SA (formerly EngieE&P), Pemex, PTT Public Company Limited, Repsol, Shell, Total S.A.

Geographical coverage Global
Name of lead organisation UN Environment Paris
Type of lead organisation United Nations or Specialised agency
Location/Nationality of lead organisation France

Description

Description "A company joining the CCAC Oil & Gas Methane Partnership voluntarily commits itself to

survey for nine core sources that account for the bulk of methane emissions in typical upstream operations: 1. Natural gas driven pneumatic devices, pumps 2. Centrifugal compressors with wet (oil) seals 3. Glycol dehydrators 4. Well venting of liquids unloading 5. Casinghead gas venting 6. Fugitive equipment and process leaks 7. Reciprocating compressor rod seal/packing 8. Hydrocarbon liquid storage tanks 9 .Well venting/flaring during well completion for hydraulically fractured wells"

"

Objectives To reduce methane emissions.
Activities The CCAC Oil & Gas Methane Partnership provides companies with a credible mechanism to systematically and responsibly address their methane. The CCAC conducted a year-long consultation process with experts from oil and gas companies, IPIECA, NGOs, reporting initiatives and other experts to develop the Partnership. The goal was to create a mechanism that met the accountability requirements of stakeholders and, at the same time, was implementable by companies and supported by governments. It has also won the endorsement of investor groups: In 2014, three international investor groups representing over $20 trillion in assets issued a joint statement calling on companies to join the CCAC Oil & Gas Methane Partnership."
One or two success stories achieved Nine companies are engaged in the Oil and Gas Methane Partnership representing more than 10% of the world market, with a total of 25,000 tons of methane emissions avoided over three years and over 1,260 technological changes reported by partner companies. In 2018, OGMP companies submitted their third round of annual reports to UN Environment. Like previous years, public versions will be released this fall. Nine companies reported this year, compared to eight the year before. The number of surveyed assets increased by 10 to 66 over the past year, and the number of countries in which participating assets are located is now 14, up from 9 countries the previous year.

Monitoring and Impacts

Sustainable Development Impact:
E SDG goals icons-individual-rgb-13.png  
Function of initiative Technical dialogue, Implementation
Activity of initiative Technical operational implementation (ex-post), Knowledge production and innovation
Indicators
Technical operational implementation (ex-post) — Total Mitigation
Year2018
Value (MtCO2e/yr)0,4
Goals Long-term objective: Significantly increase the number of oil & gas companies participating in the OGMP and following its protocols, and by so doing significantly reduce methane emissions from the oil and gas sector – one of the largest man-made source of methane emissions.

While participating companies are expected to eventually include all of their operated assets under the protocols of the OGMP, there is no minimum number or share of assets that a company must start with or maintain, and companies add new assets at their own pace. However, the requirement for companies to report annually the share of their assets participating gives them an incentive to add new assets at a reasonable pace. Companies help recruit other companies by emphasizing the advantages of collaboration on this issue, with opportunities to learn from each other.

Comments on indicators and goals Partner companies started implementing some of the reduction opportunities identified during surveys of their operations, resulting in emissions reductions of 25,000 tons of methane
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals The OGMP companies reports are yearly submitted in Spring and the OGMP annual reports are released in Autumn. The public summary versions of these reports may be found here: http://www.ccacoalition.org/en/content/oil-and-gas-methane-partnership-reporting

Knowledge: Developed a non-competitive platform for common research on new low carbon cements, and to involve downstream users. Knowledge products: 10 Technical Guidance documents to address 'core' methane emissions sources. Partner companies have begun implementing identified methane reduction opportunities, resulting in some 25,000 tons of methane emissions avoided as of 2017. Each company covers the cost of its own participation, including investments it makes in mitigation projects, but the cost of such investments is not part of the company reporting

How are you tracking progress of your initiative
Available reporting Companies are required to report annually after the first full year of membership. Public summary versions of the first company-specific annual reports may be found here:

http://www.ccacoalition.org/en/content/oil-and-gas-methane-partnership-reporting

Participants

Participants Number Names
Members 29  
Companies 9 BP (United Kingdom),Eni (Italy),Equinor (Norway),Neptune Energy International SA - formerly EngieE&P (United Kingdom),Pemex (Mexico),PTT Public Company Limited (Thailand),Repsol (Spain),Shell (United Kingdom),Total S.A. (France).
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 5 United Nations Environment Programme (Kenya),  Environmental Defense Fund (USA),  the Global Methane Initiative (USA),  the World Bank’s Global Gas Flaring Reduction Initiative (USA).
National states 13 Australia,  Canada,  Colombia,  Nigeria,  United States of America,  Denmark,  European Commission,  France,  Italy,  Norway,  Sweden,  United Kingdom,  Netherlands.
Governmental actors 1 the U.S. EPA’s Natural Gas Star programme (USA).
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 1 World Bank (USA).
Faith based organisations 0
Other members 0
Supporting partners 0
Number of members in the years
2019
28
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
No No No No No No Yes No No Yes No No No No No Yes No No No No No No
Last update: 10 March 2021 12:50:14

Not only have national states as participators