AIRMO, a start-up at the crossroads of climatetech and spacetech, is the latest company to pledge its support for the Aiming for Zero Methane Emissions Initiative, which aims to reduce methane emissions from oil and gas operations to near zero by 2030.
AIRMO builds and operates satellites fitted with Light Detection and Ranging (LiDAR) technology for greenhouse gas monitoring. The use of LiDAR technology increases the quantity and quality of data available to oil and gas operators, leading to faster mitigation of methane emissions.
Bjørn Otto Sverdrup, Chairman of OGCI’s Executive Committee, said:
“We are delighted to welcome AIRMO as a supporter of the Aiming for Zero Methane Emissions initiative. AIRMO’s work improves the availability and accuracy of methane emissions data via satellite technology, leading to faster mitigation. Their support further strengthens the initiative and sends a signal of their commitment to eliminate methane emissions from the oil and gas industry.”
Harriet von Kügelgen, Co-Founder of AIRMO, said:
“As a supporter of the Aiming for Zero Methane Emissions initiative, we make a very clear statement to the signatories of the initiative that we are aligned with their goals, and we have the expertise and capabilities to help them get to zero methane emissions by 2030 or sooner. Through collaboration, innovation, and reliable methane monitoring, AIRMO is committed to making a significant contribution to combating climate change and ensuring a sustainable future for all.”
AIRMO joins over 80 companies, including major oil and gas producers, service companies and leading global consultancies, in pledging to address methane emissions with the same urgency as industry safety measures. All of the initiative’s signatories and supporters believe virtually all methane emissions from the industry can and should be avoided.
OGCI is a CEO-led organization bringing together 12 of the world’s largest energy companies to lead the oil and gas industry’s response to climate change. The group aims to accelerate collective action towards a net-zero emissions future in line with the Paris Agreement.
Aiming for Zero complements a number of other multi-stakeholder initiatives to reduce methane emissions, including the Methane Guiding Principles, the Oil & Gas Methane Partnership 2.0 and the Global Methane Alliance.