ESG Leaders

ESG Leaders

ESG LEADERS
GOOD PRACTICES

ESG LEADERS
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 a technology driven, environmentally clean energy pioneer and positive impact player aiming to transform the oil industry’s impact on the global environment. IEO manages its processes directly, at every step, to ensure increased efficiencies and the highest environmental controls. Our marketer, Truth, sells over 50% of its flow as non-fossil fuel at a premium.

Some of our oil has a very high paraffin grade thanks to disruptive technologies, and is sold at a premium. It is not a fossil fuel, not energy. It is feedstock for the pharmaceutical and lubricants industries. The carbon footprint scope 3 associated to this oil is neutral.

“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 a technology driven, environmentally clean energy pioneer and positive impact player aiming to transform the oil industry’s impact on the global environment. IEO manages its processes directly, at every step, to ensure increased efficiencies and the highest environmental controls. Our marketer, Truth, sells over 50% of its flow as non-fossil fuel at a premium.

Some of our oil has a very high paraffin grade thanks to disruptive technologies, and is sold at a premium. It is not a fossil fuel, not energy. It is feedstock for the pharmaceutical and lubricants industries. The carbon footprint scope 3 associated to this oil is neutral.

“It is simple, we are just trying to be cleaner day after day.”
Stéphane Lamoine, CEO

 

CLEAN OIL

CLEAN OIL

Based on a 3rd party assessment classifying investment opportunities in the energy space:

IEO is placed in the same category as renewable energies

IEO prevents an imbalance in the ecosystem, by not using freshwater and recycling salt saturated water into the same.

IEO does not flare or vent gas. Flaring and venting are a major source of greenhouse gas emissions.

IEO extends the life of existing vertical wells and opens shut-in wells, resulting in a very low scope 1 and 2 carbon footprint compared to industry standards.

Join our revolutionary vision of an empowered transition toward a greener oil industry.

 

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 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 enhanced oil recovery (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 burnt 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 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 enhanced oil recovery (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 burnt as fossil fuel.

 

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