Our Journey
Mature business with an outstanding achievement of:
-91% Scope 1 in 5 years
Making it an enticing proposition for investors wanting to achieve a carbon neutral investment portfolio
ESG LEADER
GOOD PRACTICES
ESG LEADER
GOOD PRACTICES
The Green Alternative in the Oil Industry
Founded and driven by the principles of positive environmental impact, sustainability, transparency and diversity, IEO is uniquely positioned as an environmentally clean energy tech pioneer and positive impact player aiming to transform the oil industry’s impact on the global environment. IEO fully manages its processes and activities directly, at every step, to ensure increased efficiencies and the highest environmental controls.
“It is simple, we are just trying to be cleaner day after day.”
Stéphane Lamoine, CEO
The Green Alternative in the Oil Industry
Founded and driven by the principles of positive environmental impact, sustainability, transparency and diversity, IEO is uniquely positioned as an environmentally clean energy tech pioneer and positive impact player aiming to transform the oil industry’s impact on the global environment. IEO fully manages its processes and activities directly, at every step, to ensure increased efficiencies and the highest environmental controls.
“It is simple, we are just trying to be cleaner day after day.”
Stéphane Lamoine, CEO
CLEAN OIL
CLEAN OIL
According to MJ Hudson’s assessment regarding investors’ view on classification of energy investments, IEO is placed in the same category as renewable energy:
– IEO prevents an imbalance in the ecosystem, by not using freshwater and instead, recycling salt water into the formation
– IEO has a zero venting and zero flaring policy for its production, which is a major source of greenhouse gas emissions
– IEO extends the life of existing vertical wells and opens shut-in wells, avoiding as far as possible new drilling – resulting in a very low carbon footprint compared to industry standards
IEO Success Story in Numbers
%
SCOPE 1 REDUCTION IN 5 YEARS
WELLS
PRODUCERS
ACTIVE WELLS
WELLS RETURNED TO PRODUCTION
COMMITMENT TO INNOVATION
COMMITMENT TO INNOVATION
Successful Implementation of Environmentally Clean Techs
Due to the complexity of understanding where and how to implement new technologies, and the conservatism in the oil industry, most exploration and production companies have not properly engaged and embraced Enhanced Oil Recovery (EOR) technologies.
IEO has achieved green operational excellence by increasing the recovery rate of existing reservoirs: finding, proving, using and mixing classic and new environmentally clean technologies (from a pool of more than 100 alternatives). Combined with experience and dedication to innovation our refined process of asset selection and technology application, allows IEO to continuously improve the economic and environmental performance of these scalable, environmentally friendly, disruptive, clean EOR technologies to produce high-grade light crude oil.
Thanks to the paraffin content retained, production is suitable for use in the agricultural, specialty lubricants and pharmaceutical industries and does not need to be burned as fossil fuel.
Successful Implementation of Environmentally Clean Techs
Due to the complexity of understanding where and how to implement new technologies, and the conservatism in the oil industry, most exploration and production companies have not properly engaged and embraced Enhanced Oil Recovery (EOR) technologies.
IEO has achieved green operational excellence by increasing the recovery rate of existing reservoirs: finding, proving, using and mixing classic and new environmentally clean technologies (from a pool of more than 100 alternatives). Combined with experience and dedication to innovation our refined process of asset selection and technology application, allows IEO to continuously improve the economic and environmental performance of these scalable, environmentally friendly, disruptive, clean EOR technologies to produce high-grade light crude oil.
Thanks to the paraffin content retained, production is suitable for use in the agricultural, specialty lubricants and pharmaceutical industries and does not need to be burned as fossil fuel.
