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Life Cycle Assessment (LCA) | Saudi Aramco

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Added on  2020-01-23

Life Cycle Assessment (LCA) | Saudi Aramco

   Added on 2020-01-23

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LIFE CYCLE ASSESSMENT1
Life Cycle Assessment (LCA) | Saudi Aramco_1
ILLUSTRATION INDEXIllustration 1: Life Cycle Assessment (LCA).......................................................................................4Illustration 2: Life Cycle Assessment framework for Saudi Aramco...................................................52
Life Cycle Assessment (LCA) | Saudi Aramco_2
Life Cycle Assessment (LCA) is a process of assembling and analyse the outputs and inputsof energy and materials and determine their environmental impacts throughout the life cycle of aproduct or service. In the present time, many of the companies are using life cycle assessmentmethod to better understand the benefits and costs of different actions. It helps in improvingmanagement decision of the organization (Williams, 2009). LCA is a systematic approach ofunderstand the entire life cycle of a product which starts from raw material and end on disposal ofthe object. Saudi Aramco is a Saudi Arabian oil company and belongs to oil and gas industry. Majorproducts of the organization are petroleum, natural gas and many other petrochemicals. It servesacross the globe and count in most valuable company in world. Saudi Aramco has large quantity ofcrude oil reserves and more than 260 billion barrels oil produce on daily basis (Company OverviewofSaudi Arabian Oil Company, 2016). At present time, company is looking towards LCA todetermine unconventional and alternative fuel technologies so that the negative impact of oilproduction on environment can be reduced (Life Cycle Assessment of Unconventional andAlternative Fuel Technologies, 2012). LCA process of Saudi Aramco to examine environmentalimpacts of petroleum, natural gas and many other petrochemicals by considering the major stages ofa product life is as follows. 3
Life Cycle Assessment (LCA) | Saudi Aramco_3

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