Three major challenges for the oil and gas industry

With rising global demand, highly volatile prices and increasingly stringent environmental regulations, the oil and gas industry faces three challenges: reducing costs, optimizing the performance of its industrial assets and improving its environmental footprint.

Reducing costs to remain competitive

Producing crude oil and refined products at a lower cost to stay competitive on the market is one of the industry’s major challenges. Optimizing production systems and environmental utilities on currently operating sites is therefore a priority for the oil industry. This maximizes production efficiency, reduces the costs of extraction and refining and thereby offsets the exploration costs.

Improving performance to ensure the valorization of assets

To sustain their supply of crude oil or gas, oil companies are looking to extend the life of
mature oil fields but are also compelled to seek new sources of oil or gas for which extraction is much more complex and costly. For that, there is an increased need for enhanced recovery methods and water re-use.  In addition, oil and gas companies strive to achieve 100% reliability in their downstream plants to maximise profitability: no unplanned shutdowns, increased throughput, secure industrial assets.

Improving the environmental footprint to meet increasingly stringent standards

The oil and gas industry is a major consumer of water and energy resources and is therefore subject to increasingly stringent environmental standards. This constrains them to rethink extraction, production and distribution methods in order to obtain or maintain their licence to operate. They also have to provide guarantees and ensure transparency in the environmental management of their activities.
In areas where water shortages are becoming more frequent and where tackling air pollution is a major issue, environmental standards are becoming more and more stringent.

As the global leader, Veolia helps Oil and Gas customers, maximize their production efficiency while reducing their environmental footprint.

Read the folder:

Chiffres Clés Petrol et gaz EN 1
Chiffres Clés Petrol et gaz EN 2
In the Unites States, for every barrel of oil produced, the oil & gas industry can produce up to 40 barrels of water

Veolia's know-how in oil and gas industry

 

The cost of water and handling that water in our operations is now more expensive than drilling the well. Veolia was the partner that one, was giving the solution, two willing to step up and guarantee that solution, and three, give us a 97% uptime in that design and operation. This is a 10 year contract. We are going to be partners for long time with Veolia. And you need to choose those carefully.
ALVYN A. SCHOPP
CHIEF ADMINISTRATIVE OFFICER, REGIONAL SENIOR VICE PRESIDENT AND TREASURER, ANTERO RESOURCES

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