Water is used throughout the project life cycle of oil, gas and alternative energy activities and is core to business continuity. Meanwhile, the water supply and treatment sector relies heavily on energy produced by the oil and gas industry to collect, treat and transport water, with the sector’s energy demand expected to double by 2040.
Water stewardship is one of the key principles underpinning effective water management practices. It involves not only addressing risks and impacts associated with water use, but also ensuring that water is utilised in a manner that is socially equitable, environmentally sustainable, and economically beneficial, achieved through a stakeholder-inclusive process (Alliance for Water Stewardship [AWS], 2014).
The industry is committed to managing its consumption of water, working to protect the quality of water through project life cycles and contribute to SDG 5 – Clean water and sanitation. Water recycling is quickly becoming good practice in the industry, and the industry is also leading on the emerging topic of water positive measures, making more water available than it uses.