Tackling 1 Billion Tons of Oilfield Waste. A Call to Action

Good day,

Today I will ask you to take one small step for mankind. The world faces a challenge and with that challenge comes enormous opportunity. The oil industry has generated an estimated?1 billion tons?of waste, stored in pits, tanks, and lagoons around the world. Every day, more waste is produced. Addressing this growing challenge is an environmental necessity. There is an opportunity to protect communities, recover valuable resources, create high-quality jobs, and drive innovation in waste treatment technologies.

The oil waste industry is growing. From a value of $46Bn to an estimated $74Bn in 2030.?This growth is driven by increasing regulations and public awareness. Politicians and regulators are raising the bar on a an almost daily basis on what qualifies as "remediated" or "treated" waste. Information on environmental risks is more accessible than ever, putting pressure on companies to act responsibly. With every increasing liabilities, the need for action is now.

There is good news.?We have the solutions available.?The waste management industry, engineering firms, and environmental specialists have the expertise and technology to take on this challenge.?SAS Environmental Services?is committed to doing its part, and we believe the industry can work together to develop a strategic plan to treat?1 billion tons of oil waste?using all available means and technology.

Are you going to join the effort??

Collaboration is key. The responsibility to manage and remediate oilfield waste?requires a collective effort from industry leaders, regulators, and innovators. We invite companies, engineers, and policymakers to join us in shaping a comprehensive solution. We must make oil waste remediation a global priority. The scope of the issue lies in the thousands of waste pits with drilling waste, lagoons of crude oil sludge and desert sand containing tar balls and heavy hydrocarbons.

SAS is actively engaging with our partners to drive solutions for large-scale oil waste treatment. If your company is working on waste remediation or looking to contribute to this effort, we want to hear from you. We want to create new partnerships. We want to work with more contributors to address the opportunity.?This massive Oil waste pit is not going to be cleaned up by one single company. It will take an industry.?

Work together with SAS to find, identify, assess, and treat?1 billion tons of oilfield waste. Speak to us.?

I invite each and every one reading this newsletter to reply and in 3 lines say how you think you can contribute. Perhaps you understand policy, finance, logistics, AI tools, Earth Observation, ESG credits.

As an industry we need it all. Let's talk. Let's setup a brief call and find out.

Contact us today to discuss collaboration opportunities.

Mark Zwinderman

CEO SAS Group