Woodside, Baker Hughes ink decarbonization pact

Australian LNG producer Woodside is joining forces with US energy services provider Baker Hughes to work on decarbonizing the natural gas supply chain.

In that regard, the two firms entered into a memorandum of understanding to explore potential business arrangements and initiatives that may have the potential to support Woodside’s climate strategy or its customers’ chosen decarbonization pathways, according to a Baker Hughes statement.

Moreover, the memorandum seeks to identify projects for potential collaboration between the two companies including potential projects in Australia, Asia and the United States, subject to any necessary third-party approvals.

Baker Hughes said it would explore how its portfolio of solutions have the potential to support Woodside’s climate strategy, including lower-carbon solutions such as hydrogen, ammonia-fueled, hybrid and fully electric solutions, as well as NET Power’s technology.

In addition, the collaboration could include emissions detection, measurement and abatement solutions, carbon capture and storage solutions, and hydrogen compression, liquefaction and transportation.

Baker Hughes’ longstanding relationship with Woodside began in 1989, when the companies started partnering in LNG solutions for natural gas supply and collaborating on subsea projects.

Last year, Baker Hughes won a contract to provide high-efficiency gas turbines and centrifugal compressors to support the expansion of Woodside’s Pluto LNG onshore processing facility in Western Australia.

The construction of Pluto LNG’s second train builds on Baker Hughes’ existing technology supply for Pluto LNG’s first train, which has been in operation since 2012.

- Advertisements -

Most Popular

Adnoc L&S orders eight LNG carriers in South Korea

Adnoc Logistics & Services, a unit of UAE's energy giant Adnoc, has ordered eight liquefied natural gas (LNG) carriers...

FERC approves Venture Global’s CP2 LNG project

The US FERC has given the green light to Venture Global LNG for its proposed CP2 LNG project in...

NFE to sell Miami small-scale liquefaction plant

US LNG firm New Fortress Energy said it had agreed to sell its liquefaction and storage facility in Miami,...

More News Like This

Baker Hughes wins contract to support Woodside’s LNG operations in Australia

US energy services firm Baker Hughes has entered into a new 10-year services frame agreement with Australian LNG player...

Australia’s Woodside makes leadership changes

Australian LNG player Woodside has made changes to its leadership team. Woodside said in a statement on Friday the revised...

Hyundai Glovis, Woodside name LNG carrier in South Korea

South Korea’s Hyundai Samho hosted a naming ceremony for one 174,000-cbm LNG carrier it built for compatriot shipowner Hyundai...

Australia’s Woodside gets $1.45 billion loan for Scarborough

Australian LNG player Woodside has secured a loan worth $1.45 billion from the state-owned Japan Bank for International Cooperation...