Company
Efficiency-driven emission reduction
Who is Stepwise
Stepwise is a leading emissions management platform meticulously crafted to empower companies within the energy sector to reduce their carbon footprint.
Instrumental in moving the energy sector faster towards Net Zero, we provide real-time monitoring, comprehensive tracking of Scope 1, 2, and 3 emissions, and seamless integration with existing digital ecosystems. The correlation of emissions and well data enables monitoring of the carbon intensity per meter drilled across the D&W operations.
As a pioneering SaaS platform, Stepwise turns data into sustainable action. Our experienced team’s aptitude to continuously identify, implement, and measure emission reduction initiatives (ERIs) enables companies to reduce fleet-wide emissions, ensure regulatory compliance, and consistently deliver against set corporate goals.
Instrumental in moving the energy sector faster towards Net Zero, we provide real-time monitoring, comprehensive tracking of Scope 1, 2, and 3 emissions, and seamless integration with existing digital ecosystems. The correlation of emissions and well data enables monitoring of the carbon intensity per meter drilled across the D&W operations.
As a pioneering SaaS platform, Stepwise turns data into sustainable action. Our experienced team’s aptitude to continuously identify, implement, and measure emission reduction initiatives (ERIs) enables companies to reduce fleet-wide emissions, ensure regulatory compliance, and consistently deliver against set corporate goals.
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Why we're here
With stricter regulations and an ever-growing demand for efficient operations, energy management and emission reduction are fundamental requirements and moving targets with a high upside potential across the energy sector.
To get ahead - and stay ahead - in this complex part of the business, operators need a comprehensive and integrated approach to energy management. The lack of solutions to this challenge is slowing the industry's progress towards Net Zero.
To get ahead - and stay ahead - in this complex part of the business, operators need a comprehensive and integrated approach to energy management. The lack of solutions to this challenge is slowing the industry's progress towards Net Zero.
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What we do
Stepwise offers a game-changing approach to accelerating emission reduction in the energy sector. It is based on our belief in the inherent virtue of systematic energy efficiency gains to speed up decarbonisation.
With our pioneering solution, operators can systematically plan, monitor, report and reduce emissions against a defined baseline, thus achieving continuous improvement in sustainable performance.
Like no other provider, we can help our clients stay in full command of their energy management, complying with current and future standards while sharpening their competitive edge.
Like no other provider, we can help our clients stay in full command of their energy management, complying with current and future standards while sharpening their competitive edge.
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Our purpose
At the heart of Stepwise lies a unified purpose: to accelerate the energy sector's journey towards Net Zero emissions. Through advanced decision support, we empower the industry to reduce emissions swiftly while also lowering operational costs.
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To be instrumental in moving the energy sector faster towards Net Zero.
We provide the energy sector with advanced decision support to achieve both faster emission reduction and lower operating costs.
We lead
We lead the industry in our area of expertise and work hard every day to stay ahead.
We pursue client value
We are driven by quantifiable gains for our clients as our primary measure of success.
We inspire
We collaborate and proactively exchange information and ideas with clients, partners and among ourselves.
We are grounded
We believe that Net Zero can best be reached through a rational and verifiable approach.
What's next
Our success in offshore wells is leading to expanded engagement with clients who are agreeing to work with Stepwise to build into adjacent segments.
As part of our commitment to emission reporting, we have been developing various modules which can be tailored to the needs of the energy sector, including offshore wind, offshore production and land-based drilling.
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Emissions monitoring for offshore wind farms can be challenging due to their remote locations, weather conditions, complexity of the assets, data management and understanding the evolving compliance and reporting ladscape.
Stepwise is focusing on developing a platform alongside several operators to tackle these challenges and to meet the every evolving reporting requirements.
Stepwise is focusing on developing a platform alongside several operators to tackle these challenges and to meet the every evolving reporting requirements.
- Establish the baseline and set the turbine's emission performance indicators
- Monitor real-time emission data vs the baseline during operations
- Generate automatic performance and emission reports for the asset
- Set new emission targets with ERIs for continuous improvements
Floating Production, Storage, and Offloading (FPSO) are highly complex vessels. Add the harsh operating conditions, data management, comparability, accuracy and evolving reporting requirements into the mix and you'll get an idea of the immediate and future challenges for FPSOs.
Stepwise is working with industry leaders and domain experts in developing an intelligent platform to meet these challenges and more.
Stepwise is working with industry leaders and domain experts in developing an intelligent platform to meet these challenges and more.
- Set the FPSO's baseline and set the emission target
- Monitor real-time emission data vs the baseline during operations
- Generate automatic emission reports for all production activities
- Set new emission targets with ERIs for continuous improvements
The amount of data generated by onshore drilling emissions monitoring can be extensive and challenging to manage in a timely and effective way. This can make it difficult to identify trends, understand the causes of emissions, and make informed decisions about how to reduce emissions.
- Stepwise is building intelligence into data capture during all drilling phases to provide efficient emission insight
- Establish a baseline for the drilling operations
- Measure the actual performance of energy reduction initiatives during drilling
- Generate automatic emission reports for all drilling activities
- Analyse detailed emission performance metrics and set new targets for continuous improvements
What's been
Our progress to date
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4Q 2021
- Company incorporated and early alliance with Kongsberg Maritime established
- Initial capital raise
- Key hires committed
- First pilot signed
1H 2022
- Development team begins work on first Stepwise application module (Mobile Offshore Drilling Units)
- First pilot goes live: Transocean Norge HE SS
2H 2022
- Dev team begins work on next Stepwise application module (Offshore Well Construction)
- Contract signed for Stepwise advisory service and application access with Diamond Offshore including: Ocean GreatWhite (HE SS), BlackHornet (DS) and BlackRhino (DS)
- Alliance expanded to include: DNV, Oliasoft, Peloton, NEMS, Keystone.no
1H 2023
- Alliance expanded to include: Horizon56 and Sekal.
- First pilot of Offshore Well Construction module: West Phoenix (Seadrill) drilling on Balder Field for Vår Energi
3Q 2023
- First frame agreement established with operator Vår Energi to include MODU and fixed platform-based well construction, well intervention and offshore production modules
- Stepwise mandated to assist in establishment of Vår Energi digital ecosystem including data integrations: Kongsberg Maritime, Oliasoft, Keystone, Kabal, iQx, Maress and NEMS
- Pilots agreed with: Woodside, ConocoPhillips, Wintershall DEA, Serica Energy and TotalEnergies
4Q 2023
- Development team completes Fixed Platform Drilling and Well Intervention
- Pilot agreed with: BP
1Q 2024
- Development team completes Performance Tracker and Well Comparison tools, creates Dashboards to support enterprise-level awareness of emissions targets and performance
- Pilots conclude successfully with: Wintershall DEA and TotalEnergies
- Pilots agreed with: Dana Petroleum and Exceed
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