bp joins IBM Quantum Network to cut carbon emissions

By Dominic Ellis
bp joins IBM Quantum Network in a bid to drive efficiencies, cut emissions and solve engineering challenges...

bp has joined the IBM Quantum Network in a bid to raise efficiencies and cut carbon ‎emissions.

The oil major will have access to a premium 65-qubit quantum ‎computer, the largest universal quantum system available to industry today - and a 1,000-plus qubit system is targeted for the end of ‎‎2023.‎

"Next-generation computing capabilities such as quantum computing will assist in ‎solving the science and engineering challenges we will face, enabling us to reimagine energy ‎and design new lower carbon products," said Morag Watson, Senior Vice President, Digital ‎Science and Engineering for bp, which
bp aims to become a net zero company by 2050 "or sooner". ‎‎

‎Quantum computing has the potential to be applied in modelling the chemistry ‎and build-up of various types of clay in hydrocarbon wells – a crucial factor in efficient ‎hydrocarbon production; analyzing and managing the fluid dynamics of wind farms; optimizing ‎autonomous robotic facility inspection; and helping create opportunities not yet imagined to ‎deliver the clean energy the world wants and needs.‎‎

bp joins more than 130 members of the IBM Quantum Network, a global community of ‎Fortune 500 companies, start-ups, academic institutions and research labs working to advance ‎quantum computing and explore practical applications.

By 2030, bp ‎aims to have developed around 50GW of net renewable-generating capacity (a 20-fold ‎increase), increase annual low carbon investment 10-fold to around $5 billion and cut its oil ‎and gas production by 40%.‎‎

Dario Gil, ‎Senior Vice President and Director of IBM Research, said. "The energy industry is ripe with opportunities ‎to see value from the use of quantum computing through the discovery of new materials designed ‎to improve the generation, transfer, and storage of energy."‎

Share

Featured Articles

UK and US announce energy partnership

The agreement will work towards reducing global dependency on Russian energy exports, stabilising energy markets, and stepping up collaboration

Alfa Laval to supply world’s largest green hydrogen plant

The facility is being built in NEOM, the US$500bn futuristic city being developed in Saudi Arabia

COP27 agrees to climate compensation fund

The deal is said to be a historic first in acknowledging the vast inequities of the climate crisis

North America's natural gas can help mitigate energy crisis

Oil & Gas

COP27: Egypt and Norway to build 100MW green hydrogen plant

Renewable Energy

Renewable energy company Masdar opens office in Saudi Arabia

Renewable Energy