Society of Petroleum Engineers International’s Post

What does energy transition mean? What are we transitioning to? How and when will we get there? In hindsight, the energy transition movement means different things to different entities. To operators, the primary focus is to transform their business (influenced by regulations and legislative policies) by reducing their carbon emissions while also investing in cleaner low-carbon energy sources, such as geothermal and hydrogen. For service companies, it is another potential revenue stream by offering products and services oil and gas operators, as well as renewable power generation companies. For governments, it is defined as an essential need for energy diversification to achieve sustainable, self-sufficient solutions that are less impacted by socio-economic or geo-political factors, i.e., energy security. It is important to note that the ‘public’ understands what is driving this paradigm shift: technology, policy, and cultural change. The energy transition concept will be broken down as a current ‘buzzword’ and popular concept that is fettered by technology hype, political agendas, and/or financial influences that are attached to the term. Finally, light will be shined on how the industry’s previous institutional mindset has changed to a broad, open-minded desire to create a net-positive outcome using Environmental, Social, and Governance techniques. SPE Distinguished Lecturer: Bez Hoxha, CyberWorx Energy

SPE Live DL Series: What Does the Energy Transition Actually Mean for the..

SPE Live DL Series: What Does the Energy Transition Actually Mean for the..

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Theophilus Opoku

Petroleum Engineer | Asset Integrity Engineer TRN

2d

I always say transitioning away isn’t just about adopting renewables; it's about addressing the carbon footprint of production processes, the limited capacity of current infrastructure, and the pervasive role petroleum plays in everything from roads to phones to medical devices. Even if the world went fully electric tomorrow, we lack the transmission lines to support it. Building that infrastructure would take decades, while our 120-year reliance on petroleum-based systems continues to dominate. The real danger? Running out of petroleum before finding viable replacements. The demand driving this dependency is the core issue. It's not just about corporate decisions, our entire way of life is intertwined with fossil fuels. This is a wake-up call for urgent innovation and realistic planning for a sustainable future

Asha Robles

Multimedia Producer at Society of Petroleum Engineers

2d

Hello #SPElive audience! Where Are You Watching From?

MESHACH MARKUS

Certified Resume Writer & Career Coach | Cover Letter Writing | Interview Preparation | Mock Interviews | Mastering Job Search Processes & LinkedIn Strategies

2d

Hello everyone

John de Wardt

Consultant | Wells Life Cycle | Max Theoretical Performance | 36 Countries | 80+ Clients | 300+ engagements | Industry Thought Leader

2d

Elkhart Lake, Wisconsin, USA

Faten J.

Global Business Strategist | Market Expansion & Negotiation Expert | UAE Golden Visa Holder | Connecting Business Growth Across Borders

2d

Hello from UAE!

Theophilus Opoku

Petroleum Engineer | Asset Integrity Engineer TRN

2d

Leon Ng I think he will engage with Saudi Arabia and Russia, influencing oil prices based on political needs and this would be a push for higher U.S. oil and gas production through eased regulations and expanded access to federal lands. Also they may be a potential tariffs on imports, particularly from China, impacting trade relations and costs.

Harish Kumar Batra

Procurement lead in Global Sourcing I Supply Chain Management

2d

hi, from India

Mohammed Dajani

Passionate Oil & Gas Operations Specialist🛢| Smart Fields Ops 🎖| Focused on ProjectManagement and HSE📚 | PMI KSA Mentorship Program 2024 🎯

2d

Hello, from Saudi Arabia

Johana Dunlop

IOGP, Head of Membership - Co-founder SPE Gaia Sustainability program

2d

Hi from Cabo Verde which knows all about energy poverty and the sun provides some energy security.

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