Fossil fuel will continue to play pivotal role in the energy system for decades to come, with gradual decrease in demand structure over time.
Global energy security imperatives necessitate that the current energy system be disassembled at a pace not faster than it can build the futuristic energy system.
We are investing in both low-carbon energy and fossil fuel in a methodical approach, while striking a balance between value and transition to cleaner alternatives.
Our objective is to ensure continual reduction of the greenhouse gas emissions from our oil and gas operations. We are implementing projects to reduce flaring at all our operations sites.
Oil and gas industry will retain its prominence for years to come. Decarbonization efforts will vary for different industries.
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One of strategic focus areas is deep-water oil and gas production for higher-margin and lower-carbon barrels delivery.
Deepwater development requires exploration and extraction of oil and natural gas from deposits beneath the ocean floor at significant depths, characteristically over 200 metres.
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Schlau has set a target to eliminate routine gas flaring from its Upstream-operated assets by 2030 in line with World Bank's Zero Routine Flaring by 2030 initiative, to which the major operators are signatories.
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Natural gas has methane (CH₄) as the primary component. Sadly, methane is a powerful greenhouse gas with impact on climate change over 20 years more than 80 times greater than carbon dioxide (CO2).
Learn moreSchlau Energy is exploring significant number of liquefied natural gas (LNG) business opportunities in the Gulf of Guniea. Our strategy is to support the support in meeting the supply gap from a diverse network of customers around the world. We are collaborating with investors, shipping and storage assets owners, and regasification plants globally.
Liquified Natural Gas (LNG) is natural gas cooled to a liquid state at temperature of about -162°C (-260°F). Consequently, the gas volume is reduced by around 600 times, making it easier and safer for storage and transportation.
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We are investing in gas-to-liquids projects designed to turn natural gas into excellent quality liquid fuels, base oils, and other liquid derivatives from oil. Our investment in R&D, with other collaborative efforts are beginning to provide insights on more cost effective GTL technologies and commercial business model.
Conventionally, GTL products are colourless and odourless due to absence of impurities like sulphur, aromatics and nitrogen which are present in crude oil. The significant economic value of GTL production can help natural gas-rich regions to jump-start their economies as the global demand for liquid products contnues to grow.
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