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Market Impact: 0.12
Shape Digital Launches New Technology to Reduce Emissions on FPSOs
Source: Business Wire
Technology & InnovationESG & Climate PolicyEnergy Markets & Prices
Shape Digital launched Shape Lumen, a tool designed to identify the causes of non-routine flaring at oil and gas operations. The product aims to help operators reduce emissions and improve operational efficiency, though the announcement provides no financial metrics, customer commitments, or quantified emissions-reduction targets.
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