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A GLANCE AT ENERGY EFFICIENCY FOR UPSTREAM OIL, GAS COMPANIES
Now with the gradual increase in energy costs, oil, and gas companies face a lot of pressure to improve their environmental performance and reduce their carbon footprint. Hence, upstream companies can achieve this by implementing energy efficiency tools. These tools can help to reduce energy consumption, lower operating costs, and improve overall efficiency.
One of the most effective energy efficiency tools for upstream companies is an Energy Management System (EMS)
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EMS can monitor and optimize energy usage, identify areas of inefficiency, and implement solutions to reduce consumption. This can be implemented by using real-time data to control processes, such as optimizing production and reducing equipment idling time. By doing this, the upstream company can reduce energy consumption and increase efficiency, which ultimately translates into cost savings.