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Making Drilling More Efficient for New Carbon Capture, Usage, and Storage Facilities

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Rockwell Automation (NYSE:ROK) is collaborating with Italian drilling-rig specialist Drillmec to enhance efficiency and reduce emissions in carbon capture, usage, and storage (CCUS) facilities. Drillmec's innovative storage technologies, powered by Rockwell's PowerFlex® AC drives, enable more precise and targeted drilling for CCUS entry points. This collaboration aims to make the creation of new CCUS facilities faster, easier, safer, and more cost-effective.

The partnership focuses on optimizing drilling workflows to minimize emissions and maximize efficiency. Drillmec's vice president of marketing, Mohamed Housny, emphasized the importance of Rockwell's technology and expertise in achieving the required intelligence, precision, and control for their new drilling technology. This initiative supports Drillmec's goal of developing solutions that leverage their drilling and rig expertise to reduce emissions and meet environmental objectives.

Rockwell Automation (NYSE:ROK) sta collaborando con lo specialista italiano nel settore delle trivellazioni Drillmec per migliorare l'efficienza e ridurre le emissioni negli impianti di cattura, utilizzo e stoccaggio del carbonio (CCUS). Le innovative tecnologie di stoccaggio di Drillmec, potenziate dai drive AC PowerFlex® di Rockwell, consentono trivellazioni più precise e mirate per i punti di accesso al CCUS. Questa collaborazione mira a rendere la creazione di nuovi impianti CCUS più rapida, semplice, sicura e conveniente.

Il partenariato si concentra sull'ottimizzazione dei flussi di lavoro di trivellazione per minimizzare le emissioni e massimizzare l'efficienza. Mohamed Housny, vicepresidente marketing di Drillmec, ha sottolineato l'importanza della tecnologia e dell'esperienza di Rockwell nel raggiungere l'intelligenza, la precisione e il controllo necessari per la loro nuova tecnologia di trivellazione. Questa iniziativa supporta l'obiettivo di Drillmec di sviluppare soluzioni che sfruttano la loro esperienza nella trivellazione e nei rig per ridurre le emissioni e raggiungere gli obiettivi ambientali.

Rockwell Automation (NYSE:ROK) se está asociando con el especialista italiano en plataformas de perforación Drillmec para mejorar la eficiencia y reducir las emisiones en las instalaciones de captura, uso y almacenamiento de carbono (CCUS). Las tecnologías innovadoras de almacenamiento de Drillmec, potenciadas por los drives AC PowerFlex® de Rockwell, permiten una perforación más precisa y dirigida para los puntos de acceso al CCUS. Esta colaboración tiene como objetivo hacer que la creación de nuevas instalaciones de CCUS sea más rápida, fácil, segura y rentable.

La asociación se centra en la optimización de los flujos de trabajo de perforación para minimizar las emisiones y maximizar la eficiencia. Mohamed Housny, vicepresidente de marketing de Drillmec, enfatizó la importancia de la tecnología y la experiencia de Rockwell para lograr la inteligencia, la precisión y el control necesarios para su nueva tecnología de perforación. Esta iniciativa respalda el objetivo de Drillmec de desarrollar soluciones que aprovechen su experiencia en perforación y plataformas para reducir las emisiones y cumplir con los objetivos ambientales.

록웰 오토메이션(NYSE:ROK)은 이탈리아 시추 장비 전문 기업인 드릴맥(Drillmec)과 협력하여 탄소 포집, 활용 및 저장(CCUS) 시설의 효율성을 향상하고 배출가스를 줄이고 있습니다. 록웰의 PowerFlex® AC 드라이브로 구동되는 드릴맥의 혁신적인 저장 기술은 CCUS 진입점을 더 정밀하고 타겟팅하여 시추할 수 있게 해줍니다. 이 협력의 목표는 새로운 CCUS 시설의 구축을 보다 빠르고, 쉽게, 안전하게, 비용 효율적으로 만드는 것입니다.

이 파트너십은 배출 가스를 최소화하고 효율성을 극대화하기 위해 시추 작업 흐름 최적화에 중점을 두고 있습니다. 드릴맥의 마케팅 부사장인 모하메드 호스니는 록웰의 기술과 전문성이 새로운 시추 기술을 위한 필요한 지능, 정밀도 및 제어를 달성하는 데 중요하다고 강조했습니다. 이 이니셔티브는 드릴맥이 시추 및 장비 전문성을 활용하여 배출을 줄이고 환경 목표를 달성할 수 있는 솔루션을 개발하려는 목표를 지원합니다.

Rockwell Automation (NYSE:ROK) collabore avec le spécialiste italien des plateformes de forage Drillmec pour améliorer l'efficacité et réduire les émissions dans les installations de capture, d'utilisation et de stockage du carbone (CCUS). Les technologies de stockage innovantes de Drillmec, propulsées par les drives AC PowerFlex® de Rockwell, permettent des forages plus précis et ciblés pour les points d'entrée CCUS. Cette collaboration vise à rendre la création de nouvelles installations de CCUS plus rapide, plus facile, plus sûre et plus économique.

Le partenariat se concentre sur l'optimisation des flux de travail de forage pour minimiser les émissions et maximiser l'efficacité. Mohamed Housny, vice-président marketing de Drillmec, a souligné l'importance de la technologie et de l'expertise de Rockwell pour atteindre l'intelligence, la précision et le contrôle nécessaires à leur nouvelle technologie de forage. Cette initiative soutient l'objectif de Drillmec de développer des solutions qui tirent parti de leur expertise en forage et en équipements pour réduire les émissions et atteindre les objectifs environnementaux.

Rockwell Automation (NYSE:ROK) arbeitet mit dem italienischen Spezialisten für Bohranlagen Drillmec zusammen, um die Effizienz zu steigern und die Emissionen in Anlagen für Kohlenstoffabscheidung, -nutzung und -speicherung (CCUS) zu reduzieren. Die innovativen Speichertechnologien von Drillmec, die von Rockwells PowerFlex® AC-Antrieben angetrieben werden, ermöglichen präzisere und zielgerichtete Bohrungen für CCUS-Zugangspunkte. Diese Zusammenarbeit zielt darauf ab, die Schaffung neuer CCUS-Anlagen schneller, einfacher, sicherer und kosteneffektiver zu gestalten.

Die Partnerschaft konzentriert sich auf die Optimierung der Bohrabläufe zur Minimierung von Emissionen und zur Maximierung der Effizienz. Mohamed Housny, Marketing-Vizepräsident von Drillmec, betonte die Bedeutung von Rockwells Technologie und Fachwissen zur Erreichung der erforderlichen Intelligenz, Präzision und Kontrolle für ihre neue Bohrtechnologie. Diese Initiative unterstützt Drillmecs Ziel, Lösungen zu entwickeln, die ihre Bohr- und Rig-Expertise nutzen, um Emissionen zu reduzieren und Umweltziele zu erreichen.

Positive
  • Collaboration with Drillmec to enhance efficiency in CCUS facilities
  • Potential for lowering emissions in industrial and domestic uses
  • Rockwell's PowerFlex® AC drives enable more precise and targeted drilling
  • Partnership aims to make CCUS facilities faster, easier, safer, and more cost-effective
Negative
  • None.

Insights

Drillmec's innovative drilling technology for carbon capture, usage and storage (CCUS) facilities represents a significant development in the growing field of emissions reduction. While this news doesn't directly impact Rockwell Automation's (NYSE:ROK) financials, it showcases the company's strategic positioning in the green technology sector.

The collaboration between Drillmec and Rockwell Automation highlights a growing trend in the industrial automation market towards sustainability-focused solutions. This partnership could potentially open up new revenue streams for Rockwell in the expanding CCUS market, which is projected to grow significantly in the coming years due to increasing global focus on carbon neutrality.

However, investors should note that the immediate financial impact of this development is likely to be The CCUS market, while promising, is still in its early stages and faces challenges such as high costs and regulatory uncertainties. The long-term potential of this technology and Rockwell's involvement in it will depend on factors such as government policies, technological advancements and market adoption rates.

From a competitive standpoint, Rockwell's involvement in this cutting-edge application of its PowerFlex® AC drives could enhance its reputation as an innovator in industrial automation, potentially leading to increased market share and customer loyalty in the long run.

The collaboration between Drillmec and Rockwell Automation represents a significant step forward in making carbon capture, usage and storage (CCUS) more accessible and efficient. The key innovation here lies in the application of precision automation and data-driven intelligence to the drilling process, which could have far-reaching implications for the CCUS industry.

By improving the efficiency and precision of creating entry points for CCUS facilities, this technology addresses one of the major hurdles in CCUS implementation: cost. More efficient drilling can significantly reduce the capital expenditure required for CCUS projects, potentially accelerating the adoption of this important climate change mitigation technology.

Moreover, the emphasis on minimizing emissions during the drilling process itself is noteworthy. This 'green drilling' approach aligns with the overall goal of CCUS and could help improve the net carbon reduction impact of these projects.

However, it's important to note that while this technology improves the drilling aspect of CCUS, other challenges remain. These include the energy-intensive nature of carbon capture processes, the need for suitable geological storage sites and the complexities of long-term carbon storage monitoring.

For Rockwell Automation, this project demonstrates the company's ability to adapt its existing technologies (like the PowerFlex® AC drives) to emerging environmental applications. This versatility could position Rockwell well in the growing market for green industrial technologies.

NORTHAMPTON, MA / ACCESSWIRE / July 25, 2024 / With help from Rockwell Automation (NYSE:ROK), Italian drilling-rig specialist Drillmec is using data-driven and precision automation for maximum efficiency and minimum emissions.

Drillmec's innovative storage technologies make drilling entry points for new carbon capture, usage, and storage (CCUS) facilities faster, easier, safer, and more cost effective. This initiative underpins Drillmec's drive to develop solutions that draw on its drilling and rig expertise to reduce emissions and achieve environmental goals.

CCUS initiatives involve trapping carbon at the point of emission - for example, in a factory - and then pumping it to a suitable underground storage facility where it is permanently stored, preventing it from being released into the atmosphere.

Drillmec's technology, relying on Rockwell's PowerFlex® AC drives, is able to be more precise and targeted when creating entry points for drilling. This extra efficiency helps to lower the barrier to entry for new CCUS facilities. This not only helps to lower costs it has the potential to significantly lower emissions related to a range of industrial and domestic uses. As well as providing technology, Rockwell has been working closely with Drillmec to optimize the drilling workflow for maximum efficiency and minimum emissions.

"We are excited to be bringing to market this new drilling technology, specifically designed to enable the development of carbon capture and storage sites," said Mohamed Housny, vice president of marketing at Drillmec. "Rockwell Automation technology and expertise has been central to achieving the intelligence, precision and control required for the new technology to be a success. We look forward to continuing to work with Rockwell Automation on this and future projects."

Learn more about Rockwell's solutions for the oil and gas industry.

Italian drilling rig specialist Drillmec uses data-driven intelligence and precision automation for maximum efficiency and minimum emissions.

View additional multimedia and more ESG storytelling from Rockwell Automation on 3blmedia.com.

Contact Info:
Spokesperson: Rockwell Automation
Website: https://www.3blmedia.com/profiles/rockwell-automation
Email: info@3blmedia.com

SOURCE: Rockwell Automation



View the original press release on accesswire.com

FAQ

How is Rockwell Automation (ROK) contributing to carbon capture technology?

Rockwell Automation (ROK) is collaborating with Drillmec to provide PowerFlex® AC drives and expertise for more precise and efficient drilling in carbon capture, usage, and storage (CCUS) facilities. This technology helps make the creation of new CCUS facilities faster, easier, safer, and more cost-effective.

What are the benefits of Drillmec's new drilling technology for CCUS facilities?

Drillmec's new drilling technology, powered by Rockwell Automation's solutions, offers more precise and targeted drilling for CCUS entry points. This increased efficiency helps lower the barrier to entry for new CCUS facilities, potentially reducing costs and emissions related to various industrial and domestic uses.

How does the Rockwell Automation (ROK) and Drillmec partnership aim to reduce emissions?

The partnership between Rockwell Automation (ROK) and Drillmec focuses on optimizing drilling workflows to minimize emissions and maximize efficiency in carbon capture, usage, and storage (CCUS) facilities. Their collaborative efforts aim to develop solutions that leverage drilling and rig expertise to achieve environmental goals and reduce overall emissions.

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