In 2024, Offshore Oil Engineering completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, Offshore Oil Engineering has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 371,385.02a | 312,714.14a | 255,622.64b | |
Total Scope 2 | ||||
Unspecified Calculation Method | 116,617.82a | 118,074.5a | 101,457.85a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 90.4843a | 72.2703a | 60.6275b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Offshore Oil Engineering amounted to 488,002.84 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Offshore Oil Engineering increased by 13.28%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Offshore Oil Engineering were 371,385.02 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Offshore Oil Engineering's Scope 1 emissions have increased by 31.14%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Offshore Oil Engineering's Scope 1 emissions increased by 18.76%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Offshore Oil Engineering reported Scope 2 greenhouse gas (GHG) emissions of 116,617.82 tCO₂e without specifying the calculation method.a
Since 2021, Offshore Oil Engineering's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 23.76%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Offshore Oil Engineering's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Offshore Oil Engineering's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Offshore Oil Engineering reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Offshore Oil Engineering reported Scope 1 greenhouse gas (GHG) emissions of 371,385.02 tCO₂e and total revenues of USD 4,104 millions. This translates into an emissions intensity of 90.48 tCO₂e per millions USD.a
In 2024, Offshore Oil Engineering reported a Scope 1 emissions intensity of 90.48 tCO₂e per millions USD. Compared to the peer group median of 28.66, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Offshore Oil Engineering ranked 16 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Offshore Oil Engineering is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a