APA Corporation cuts flaring in Egypt by 40 percent
Oil and gas exploration and production company, APA Corporation, has reached a major milestone by cutting upstream routine flaring across Egypt operations by 40 percent.
The compensation-linked environmental, social, and governance (ESG) goal was reached ahead of schedule and is the result of numerous emissions reduction projects executed in Egypt throughout 2022.
“Our approach to ESG is consistent and intentionally challenging, focusing on near-term actions that drive immediate, high-impact results,” said John J. Christmann IV, APA’s CEO and president. “Oil and gas will play a critical role in the global energy mix for decades to come, and we will continue to minimize our environmental impact while meeting rising energy demand. We are confident in the impact of the steps we are taking to reduce our emissions across operating areas.”
To support the achievement of the 40 percent flare reduction goal, technical teams in Egypt identified a series of emissions reduction initiatives.