Weatherford Enters MOU with Honeywell to Deliver Advanced Emissions Management Solution
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Weatherford International has signed a memorandum of understanding (MOU) with Honeywell to deliver a combined CygNet™ SCADA and Honeywell Emissions Management suite for advanced emissions management and accelerate customers’ decarbonization strategy.
The MOU leverages Weatherford’s CygNet™ SCADA platform, the energy industry’s first standardized solution that allows operators to process data and information in real-time to support daily operations and strategic decision making, and Honeywell’s Emission Management suite, an outcome-based offering that helps customers measure, monitor, report, and reduce emissions. The integrated system will facilitate immediate access to essential data, empower decision-makers to act swiftly to mitigate risks, and enhance operational efficiency to achieve decarbonization targets.
“I am pleased to announce our collaboration with Honeywell, an alliance that further bridges the gap between technological excellence and environmental stewardship. This transformative offering provides cutting-edge tools and actionable data to help customers reach their sustainability goals with confidence and efficiency,” said
Girish Saligram, president and chief executive officer of Weatherford.
“Honeywell is helping organizations measure emissions and produce consistent metrics for sustainability, along with providing actionable insights to drive reductions,” said Pramesh Maheshwari, president of Honeywell Process Solutions.
“Our Emissions Management suite, together with Weatherford’s well lifecycle technology, enables our customers to set targets, drive emissions reductions, and monitor progress in real time to enable their net-zero journey,” added Maheshwari.
Weatherford delivers innovative energy services that integrate proven technologies with advanced digitalization to create sustainable offerings for maximized value and return on investment. Their world-class experts partner with customers to optimize their resources and realize the full potential of their assets. Operators choose Weatherford for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation. The company operates in approximately 75 countries and has approximately 18,000 team members representing more than 110 nationalities and 335 operating locations.
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world. Their business is aligned with three powerful megatrends — automation, the future of aviation, and energy transition — underpinned by their Honeywell Accelerator operating system and Honeywell Connected Enterprise integrated software platform. As a trusted partner, they help organizations solve the world’s toughest, most complex challenges, providing actionable solutions and innovations that help make the world smarter, safer, and more sustainable.
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