2024 McDermott Sustainability Report - Report - Page 15
Our Path
Our Approach
Environment
Social
Governance
Framework Alignment
Performance Data
2 0 2 4 S u st a i n a b i l i t y Re p o r t
DECARBONIZING OUR OPERATIONS
Reducing carbon emissions
We are committed to reducing the carbon impact of our
operations by identifying pathways to reduce the emissions from
our facilities including our yards and vessels. Our fabrication
yards are at the heart of our project delivery. Through greening
our fabrication facilities, we have enhanced our ability to offer
our customers low-carbon engineering, procurement, and
construction (EPC) delivery.
This commitment is put into action by embedding sustainability
through our operations, increasing awareness among employees
and advancing solutions that offer meaningful reductions in
energy consumption.
RENEWABLE ENERGY POWERING OUR OPERATIONS
ISO 50001 CERTIFICATION FOR FOUR MAJOR YARDS
80% of McDermott’s grid electricity consumption is from renewable
sources. This includes two of our fabrication yards that operate
onsite solar power generation facilities.
Since establishing baseline emissions in 2020, we have made
strides in reducing the carbon intensity of our fabrication yards
through renewable energy and electri昀椀cation of key assets. In
2024, we further advanced our commitment to using resources
and energy more ef昀椀ciently by achieving ISO 50001 energy
management certi昀椀cation at four of our major fabrication
yards. These are: the Batam fabrication yard (BFY) in Indonesia,
the Jebel Ali fabrication yard (JAY) in the United Arab Emirates,
the McDermott Qingdao Wuchuan (QMW) in China, and Qatar
Fabrication Company (QFAB) in Qatar. This certi昀椀cation was made
possible by a variety of energy-saving tools and processes.
In 2024, we evaluated on-site renewable energy generation
potential within our Jebel Ali and Qatar yards with a focus on
expanding our on-site capacity in coming years. For fuel-operated
assets, where electri昀椀cation is not viable, we are actively working to
identify pathways to operate more ef昀椀ciently. In our Jebel Ali yard,
our cranes operate on solar-powered air conditioning units to
avoid engine idling when the cranes are not operating.
At BFY, the deployment of a real-time asset monitoring system for
heavy equipment resulted in a 15% reduction in energy intensity
through decreased idling and improved equipment utilization and
productivity.
At JAY, air conditioners make up a signi昀椀cant portion of electricity
usage because of the high temperatures throughout the year. The
yard achieved savings by replacing its 昀椀xed-speed air conditioners
with inverter-type equipment, which is more energy ef昀椀cient
because of the adjustable speed of its compressors.
The QMW yard installed an intelligent monitoring system to
optimize the operation of its compressed air system in accordance
with ISO 50001. With access to real-time information, the yard
operated the integrated machines in their most optimal operating
states and improved energy intensity by 7% without compromising
on pressure and 昀氀ow requirements.
And our QFAB yard practiced careful power management to
reduce reliance on diesel generators for power generation. For
example, the yard converted diesel-operated tower lights to
electric tower lights, resulting in a 5% reduction in energy intensity.
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