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Webinar Summary: Going Towards Sustainability: Wintershall DEA’s Energy Transition Pathway



Wintershall DEA is among the pioneers of German’s oil and gas industry and one of Europe's most important energy suppliers. The company is actively involved in exploration and production activities worldwide, including the one at the Gulf of Mexico.


We are greatly confident to learn more from the company’s broad experiences and their Energy transition pathway with us.


Summary

Date: 14th of April 2021

Location: Online via Microsoft Team

No. of participants: 31


Figure 1: Presentation by Ms. Nadja Brauhardt (top left) and the participants.


On April 14, the SPE RWTH Aachen Student Chapter had the pleasure to welcome Wintershall DEA, one of the largest oil-gas producers in Germany, to hold a presentation about “Going Towards Sustainability: Wintershall DEA’s Energy Transition Pathway”. The session was open to the students of Applied Geosciences, Georesources Management, SEG RWTH Aachen Chapter, and other local and international SPE Student Chapters and a maximum of 31 people took part in the event.


The keynote speaker was Ms. Nadja Brauhardt who is the incumbent Vice President of the Sustainability Department. She started her presentation by talking about the company’s strategy to reduce the carbon footprint from upstream activities to net-zero by 2030. Furthermore, the company is also aiming for top Health and Safety performance, diversity of leadership team, strong Environmental, Social, and Governance rating as well as stakeholder involvement. Ms. Brauhardt also highlighted the forecast of global energy demand and emission dispersal in the upcoming decades.


It will be one of the biggest challenges for companies across the world to produce a huge amount of energy while at the same time needing to reduce greenhouse gas emissions. Wintershall DEA will achieve its goals set by the new sustainability with portfolio optimization, managing emissions through greater energy efficiency, investing in nature-based offsetting solutions, and investing in future technologies such as hydrogen and carbon capture and storage (CCS).



Figure 2: Wintershall DEA’s goals to reduce greenhouse gas emissions.


At the end of the presentation, a Q&A session was open where attendees had the opportunity to ask questions either through the chat box or directly to Ms. Brauhardt. The high level of interest in the topic was demonstrated by many questions regarding CCS and hydrogen strategies of the company, mineral resources and mining, geothermal energy resources, et cetera, and Ms. Brauhardt answered and discussed all questions. On behalf of the all students and SPE Student Chapter at RWTH Aachen University, we would like to thank Ms. Brauhardt for providing the valuable insights into Wintershall DEA’s energy transition pathway toward sustainability and we would like to wish her all the best for her career and hope to see her again in our SPE Student Chapter.



Written by Mohammad Sajjad Ali, edited by Elias Khashfe and Irvan Ramadhan.


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