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GHGSat Closes US$45M Series B Funding

GHGSat Closes US$45M Series B Funding
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Chevron, Shell, Total Partner with GHGSat in Tackling Methane Leaks

Chevron, Shell, Total Partner with GHGSat in Tackling Methane Leaks
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Cheron, Shell Back GHGSat Research Project to Measure Methane Emissions


A GHGSat project will measure methane emissions from offshore oil rigs. Photo: GHGSat
GHGSat has revealed details of a new research project that will assess the feasibility of its high-resolution, space-based methane monitoring technology to measure emissions from offshore oil and gas platforms. The company is being supported by
Chevron,
Shell, and
TotalEnergies in this project, which aims to demonstrate high-resolution satellite-based monitoring of anthropogenic methane (CH4) emissions at sea. GHGSat claims this project is the first of its kind.
GHGSat has been using high-resolution satellites to measure CH4 emissions since 2016. The company’s infrared sensor is able to identify the “signature” created by methane as it absorbs sunlight bouncing back off the surface of the Earth. As water absorbs sunlight when viewed directly from above, GHGSat will take measurements at more acute angles, positioning the spacecraft’s sensor so it focuses on the point ....

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