French LNG engineering firm Technip Energies and US energy services provider Baker Hughes said they would cooperate on the joint development of a new mid-scale modularized LNG solution for the onshore market.
In that regard, the two firms signed a memorandum of understanding that sets the groundwork for their cooperation on the joint development of the solution with a capacity above 1 and up to 2 million tons per annum (MTPA).
With the ambition to reduce time-to-market for LNG to meet today’s energy demand, this joint development aims to provide an additional offering to the two companies’ respective proprietary LNG modularized solutions, according to a joint statement.
These include Baker Hughes’ mid-scale modular solution (MMS) with a production capacity of 0.8 to 1 MTPA, and Technip Energies’ “SnapLNG” with a production capacity of 2 to 3 MTPA.
According to the partners, the agreement builds on their long-standing collaboration and “proven track record of executing LNG projects, recognizing the important growth in mid-size LNG as demand increases for modular LNG projects capable of generating more gas capacity.”
