partnerships

Baker Hughes, bp team up on flare emissions monitoring tech

bp is now using Baker Hughes emissions abatement technology, flare.IQ, to quantify methane emissions from its flares. Photo via Canva

Two energy companies with Houston headquarters are collaborating on flare emissions monitoring.

According to a news release, bp is now using Baker Hughes emissions abatement technology, flare.IQ, to quantify "methane emissions from its flares, a new application for the upstream oil and gas sector." The statement goes on to explain that the industry doesn't have a to methane emission quantifying, and that bp ad Baker Hughes has facilitated a large, full-scale series of studies on the technology.

Now, bp is utilizing 65 flares across seven regions to reduce emissions.

“bp’s transformation is underway, turning strategy into action through delivery of our targets and aims. We don’t have all the answers, and we certainly can’t do this on our own," Fawaz Bitar, bp senior vice president of Health Safety Environment & Carbon, says in the release. "Through our long-standing partnership with Baker Hughes, we have progressed technology and implemented methane quantification for oil and gas flares, helping us to achieve the first milestone of our Aim 4. We continue to look at opportunities like this, where we can collaborate across the industry to find solutions to our biggest challenges."

The flare.IQ technology is a part of Baker Hughes’ Panametrics product line portfolio, and it builds on 40 years of ultrasonic flare metering technology experience. The advanced analytics platform provides operators with real-time, decision-making data.

“Our collaboration with bp is an important landmark and a further illustration that technology is a key enabler for addressing the energy trilemma of security, sustainability and affordability,” Ganesh Ramaswamy, executive vice president of Industrial & Energy Technology at Baker Hughes, says in the release. “As a leader in developing climate technology solutions, such as our flare.IQ emissions monitoring and abatement technology, cooperations like the one we have with bp are key to testing and validating in the field solutions that can enable operators to achieve emissions reduction goals efficiently and economically.”

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A View From HETI

Houston-based Solidec took home the top TEX-E price and $25,000 at last year's Energy Venture Day and Pitch Competition. Photo courtesy of HETI

The Rice Alliance for Technology and Entrepreneurship, the Houston Energy Transition Initiative and the Texas Entrepreneurship Exchange for Energy announced the 30-plus energy ventures and five student teams that will pitch at the 2025 Energy Venture Day and Pitch Competition during CERAWeek next month.

The ventures are focused on driving efficiency and advancements toward the energy transition and will each present a 3.5-minute pitch before a network of investors and industry partners during CERAWeek's Agora program.

The pitch competition is divided up into the TEX-E university track, in which Texas student-led energy startups compete for $50,000 in cash prizes, and the industry ventures track.

Teams competing in the TEX-E Prize track include:

  • ECHO
  • HEXAspec
  • HydroStor Analytics
  • Nanoborne
  • Pattern Materials

The industry track is subdivided into three additional tracks, spanning materials to clean energy and will feature 36 companies. The top three companies from each industry track will be named. The winner of the CERAWeek competition will also have the chance to advance and compete for the $1 million investment prize at the Startup World Cup in October 2025.

Teams come from around the world, including several notable Houston-based ventures, such as Corrolytics, Rheom Materials, AtmoSpark Technologies, and others. Click here to see the full list of companies and investor groups that will participate.

The pitch competition will be held Wednesday, March 12, at CERAWeek from 1-4:30 pm. An Agora pass is required to attend.

Those without passes can catch more than 50 companies at a free pitch preview at the Ion. Pitches will be followed by private meetings with venture capitalists, corporate innovation groups, industry leaders, and tech scouts. The preview will be held Tuesday, March 11, from 9:30 am to 2:30 pm at the Ion. It's free to attend, but registration is required. Click here to register.

Last year, Houston-based Solidec took home the top TEX-E price and $25,000 cash awards. The startup extracts molecules from water and air, then transforms them into pure chemicals and fuels that are free of carbon emissions. Its co-founder and Rice University professor Haotian Wang was recently awarded the 2025 Norman Hackerman Award in Chemical Research.

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