The 2018 Environmental Excellence Award was presented to Modern Resources Inc. (“Modern”) at the Global Petroleum Show for their innovative solutions to reduce GHG Emissions all while improving safety and costs. Their wellsite facilities have been developed to be the industry leader in low emissions.
Fugitive (methane) emissions and CO2 emissions are two of the primary concerns in the environmental development of oil and gas, and Modern is taking a direct approach to reduce these emissions. Their team has made many forward-looking changes to the way they conduct business to be the front-runner in this area. ‘Leadership in Environmental Performance’ is a Modern Founding Principle.
The Environmental Excellence category serves to recognize any efforts, initiatives or technological advancements that have minimized or eliminated the environmental footprint of the oil and gas industry. The other nominees were: Clean Industrial Technologies, Earthmaster, Enviroflame & Saudi Aramco.