Unlocking Energy Transition Partnerships

Matahio is committed to decarbonising its operations. This is the primary mechanism by which Matahio contributes to the energy transition agenda as a responsible oil and gas producer.

Our energy transition work has been integrated into a companywide ESG plan. But to achieve our goals, it is vital that we build long-lasting partnerships and collaborations. By identifying decarbonisation opportunities, Matahio has leveraged a number of meaningful partnerships aimed at developing greenhouse gas (GHG) reduction initiatives and furthering our ethos of progressive energy.

Technical problem-solving through collaboration

In the Philippines, a technical working group consisting of Matahio, an O&M provider, and niche engineering specialists have found a potential solution to reduce the carbon intensity of Matahio’s FPSO flare stream.

By retrofitting a small-scale condensate recovery unit, this project targets a sustainable reduction of the asset’s carbon footprint of 20% and complements other ongoing studies to find further decarbonisation opportunities.

This project is currently in the FEED stage.

Consolidating an industry-wide voice

In New Zealand, the Matahio management team has worked in partnership with Energy Resources Aotearoa (ERA) to ensure the oil and gas industry has a seat at the table in shaping NZ’s energy transition strategy. This work was kicked off via the public issuance of an energy transition position paper Fuelling the Energy Transition and the formation of the Net Zero Accord. This is considered a world first. As part of this, Matahio’s COO is part of an ERA committee looking to inform New Zealand’s regulatory framework for Carbon Capture & Storage.

Building innovative partnerships

Matahio has conducted a screening exercise for emerging technologies in the emissions reduction space. As a result of this work, Matahio NZ has initiated a more targeted study in collaboration with New Zealand’s National Institute of Water & Atmospheric Research to explore novel approaches for carbon capture, utilisation and storage.