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Baker Hughes and Technip Energies have joined forces to develop a one to 2 million tonnes every year (mtpa) modularised liquified pure fuel (LNG) proposition for onshore websites.
Beneath plans specified by a Memorandum of Understanding (MoU), the vitality expertise corporations hope to cut back time-to-market for LNG to satisfy rising vitality calls for.
The joint growth will complement the present Baker Hughes one mtpa vary LNG mid-scale modular answer and Technip Energies’ over two mtpa SnapLNG™ answer.
Described by Lorenzo Simonelli, Chairman and CEO of Baker Hughes, as a “milestone”, the deal builds on the companions’ longstanding collaboration on a number of LNG initiatives.
Simonelli stated, “LNG will proceed to play a key function to unravel the vitality trilemma, and the power to speed up time-to-production by means of modularised options could be a differentiator.”
Arnaud Pieton, CEO of Technip Energies, added, “Cooperating in advancing expertise in LNG with our long-term accomplice Baker Hughes is a vital step for the vitality trade and for our shoppers.”
“The mixture of our experience, modular method and references will allow shorter supply instances and higher affordability.”
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