Meridia
Oil & Gas
Track emissions intensity per barrel and meet Saudi Green Initiative targets
The challenges
SEEC reporting and Saudi Green Initiative targets
The Saudi Energy Efficiency Center (SEEC) mandates energy performance reporting for large industrial consumers. The Saudi Green Initiative targets net-zero emissions from operations by 2060, with interim methane reduction commitments aligned with the Global Methane Pledge. Operators need auditable, facility-level emissions data — not corporate estimates.
ESG investor pressure on upstream operators
Institutional investors are screening upstream O&G portfolios on energy intensity per barrel of oil equivalent (BOE). CDP and TCFD disclosures require granular Scope 1 and 2 data by facility, not aggregated corporate totals. Operators without metered emissions data face ESG rating downgrades and higher cost of capital.
Energy costs compound across the value chain
Pumping, compression, gas processing, and refining are all energy-intensive. Energy represents 10-15% of upstream operating expenditure (IEA). Optimization opportunities exist at every stage — from pump efficiency and compressor scheduling to waste heat recovery — but require facility-level consumption visibility.
How Meridia helps
Facility-level emissions tracking
Consolidate Scope 1 emissions from fuel combustion and flaring, Scope 2 from purchased electricity, across upstream, midstream, and downstream operations. Track energy intensity per BOE at each facility to identify the highest-impact reduction opportunities.
Power quality and equipment reliability
Monitor voltage stability, harmonic distortion, and power factor at remote facilities where PQ events cause compressor trips and production losses. Correlate PQ data with equipment maintenance records to shift from reactive to predictive maintenance.
Energy optimization across operations
Identify energy savings from pump scheduling, compressor load optimization, and waste heat recovery. Evaluate solar self-generation for remote facilities using MENA irradiance data, and model battery storage for peak demand reduction at processing plants.
10–15%
of upstream OpEx is energy (IEA)
45%
of O&G emissions are from operations (IOGP)
2060
Saudi net-zero target (Saudi Green Initiative)