Vahana Offshore
ISO 50001 , the Energy Management Standard was first issued in 2011 . To this day , it remains the only standard that does not add cost to an organization that adopts this standard . To date , it remains the only standard that adds direct savings to any organization that adopts this standard . Despite these obvious benefits , the jackup industry remained isolated from this standard . In fact , the credit for becoming the first Drilling Company that adopted this standard on all its Jackups goes to ADNOC Drilling , ( earlier knownas National Drilling Company , Abu Dhabi ), who implemented energy management and got certified toISO50001 in January2016 .
Amongst the Jackup barge companies , the honour for becoming the world ' s first company to implement energy management and get certified for ISO 50001 goes to Vahana Marine Solutions DMCC , Dubai , which received the certification in April 2022 .
It is noteworthy that both organizations are located in UAE . Thus , the recognition for these global firsts belongs to the United Arab Emirates , a country in the forefront of leading by example !
Since the time ADNOC Drilling led the pack by becoming the first Drilling Company in the world to implement ISO 50001 for its Jackups , other Drilling companies have followed suit . COSL Europe , Dolphin Drilling , Stena & Transocean are all certified to this standard and information about their certification to ISO 50k is now available in the public domain . Amongst the Jackup barge Owners , as on the date of presenting this paper , Vahana Marine Solutions was the only organization to be counted amongst this august group of Jackup Owners committed to minimizing GHG emissions by adoption of the ISO 50k standard .
Placing the Country and Community Before Self
Adoption of ISO 50k results in fuel savings – large savings ; it also results in reduction of costs for organizations because it reduces the running hours of the power generation equipment for these companies . But Energy Management goes beyond these narrow considerations and rewards .
Looking at the Middle East as a whole , it is clear that the inventory of Jackup owners is much higher than elsewhere in the continent . If all Jackup owners adopt the ISO 50k standard and assuming , very conservatively , fuel and CO2 savings as evidenced by the two owners that have already adopted this standard , the potential benefit to the region could be as high a s U S $ 1 4 m i l l i o n f o r U A E a n d U S $ 27.8millionforSaudi Arabia . These would be annual savings !
More importantly , if all Jackup owners adopt Energy Management , the reduction of CO2 emissions in the Arabian Gulf could amount to 123,037 Metric Tonnes … annually . Surely , there can be no better gift to the Country , Community , and the future generation ! www . ojme . net