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Innovation-Driven

Innovating for a Greener Tomorrow: Transforming Energy with Sustainable Solutions.
Stakeholder Engagement Climate and Environment Shared Prosperity Innovation-Driven Health and Safety Equality and Transparency Corporate Governance and Ethics

New Energy Deployment

Geo-Jade actively responds to the global climate change challenge by establishing a dedicated New Energy Division, committed to reducing the company's carbon footprint. We are gradually increasing investments in renewable energy projects, including emerging technologies such as solar and wind power, to achieve energy diversification and a green transformation.

Mission, Vision, and Actions of the New Energy Division

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Introduction of New Energy Technologies

Integrating new energy technologies into traditional oil and gas extraction processes to reduce dependence on conventional energy sources, improve energy production efficiency, and lessen environmental impacts.
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Application of Renewable Energy

Building solar power plants or wind farms at or near oilfield sites to provide clean electricity. These energy sources can be used to power equipment and facilities in the extraction process, reducing reliance on conventional energy.
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Energy Storage Technologies

Utilizing advanced energy storage technologies such as battery storage systems and power-to-hydrogen-to-power systems to store electricity generated from renewable sources. This stored energy can then be supplied to oilfield facilities when needed, reducing the consumption of oil and gas and lowering carbon emissions.
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Energy Efficiency Improvements

Implementing advanced energy management and energy-saving technologies, such as smart sensors, air-source heat pumps, and energy-efficient equipment, to enhance energy efficiency in the oilfield production process and reduce energy waste.
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Carbon Capture and Storage

Employing carbon capture technologies during oilfield production to capture and store greenhouse gases, such as carbon dioxide, thereby mitigating the impact on climate change.
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Green Liquid Fuels

Using new energy technologies to produce synthetic green liquid fuels. In remote or gas-constrained areas, or in oilfields with stable associated gas, small skid-mounted GTL (Gas to Liquids) units can be flexibly deployed to convert "stranded" natural gas into liquid fuels for easier transportation to the market.

Building an Innovative Team and Culture

The research team at Geo-Jade is the core driver of the company’s innovation, responsible for advancing technology and research development. The team has established a robust block evaluation process to ensure the scientific reliability of acquisition projects and explores the application of cutting-edge technologies in projects to support the company’s long-term strategy and sustainable development. The team is composed of multidisciplinary experts, including geologists, engineers, data scientists, environmental scientists, and economic analysts, all dedicated to technological innovation and optimization.
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Fostering an Innovation Culture

Nurture a culture of innovation, making it one of the company's core values.

Regularly communicate the company's innovation vision and goals with employees.

Build a learning resource platform to access the latest industry knowledge and technological trends.

Regularly invite external experts to share their experiences and insights on innovation.

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Diversified Incentive Mechanisms

Establish a diversified incentive system, including bonuses, equity incentives, and career promotions.

Set up dedicated funds to support employee-led innovation projects.

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R&D of Cutting-Edge Technologies

Develop efficient exploration tools, enhanced oil and gas recovery techniques, and low-carbon extraction technologies.

Use advanced data analytics and artificial intelligence to improve decision-making accuracy.

Promote digital transformation, driving innovation in asset management, production optimization, and risk management.

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Achievements in 2023

Focused on improving recovery rates in mature fields and accelerating production capacity development.

Explored new methods for CO2-enhanced oil recovery and carbon sequestration to reduce emissions.

Effectively controlled oilfield production costs and significantly enhanced economic benefits.

Implemented three major projects: detailed extraction in mature fields, efficient utilization of new fields, and quality improvement with cost reduction and efficiency gains.

Embarked on a new path of green, low-carbon, and efficient transformation and development.