Woodside, Baker Hughes sign MoU on decarbonisation
Nasdaq-listed Baker Hughes has signed a memorandum of understanding (MoU) with Australia’s Woodside Energy to support the latter’s climate strategy or its customers’ chosen decarbonisation pathways, the US-based company said on December 8.
The MoU seeks to identify projects for potential collaboration between the two companies including potential projects in Australia, Asia and the US.
Baker Hughes said it will explore how its portfolio of solutions has the potential to support Woodside’s climate strategy including lower-carbon solutions including hydrogen, ammonia-fueled, hybrid and fully electric solutions.
The companies will collaborate on emissions detection, measurement and abatement solutions, carbon capture and storage solutions, including CO2 compression, offshore flexible flowline technology, and chemical products and solutions such as corrosion inhibitors.
“A full range of technologies and solutions are needed to help the energy industry and hard-to-abate sectors to reduce emissions without sacrificing operational excellence,” said Lorenzo Simonelli, CEO of Baker Hughes. “Collaboration is key to making progress toward emissions reduction goals in the energy transition, and we are pleased to be working alongside our long-time customer Woodside to help them further their own climate change strategy to advance their impressive efforts."
Recently, Baker Hughes was awarded 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.