Baker Hughes, Woodside Energy to collaborate on decarbonizing the global gas supply chain
Baker Hughes, an energy technology company and Woodside Energy announced on December 8th that they have entered into a memorandum of understanding (MoU) to explore potential business arrangements and initiatives that may have the potential to support Woodside’s climate strategy or its customers’ chosen decarbonization pathways.
“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,” Lorenzo Simonelli, chairman and CEO of Baker Hughes, said.
The MoU seeks to identify projects for potential collaboration between the two companies, including potential projects in Australia, Asia and the United States.
The partnership will also explore carbon capture and storage solutions, including CO2 compression, offshore flexible flowline technology, and chemical products and solutions such as corrosion inhibitors.
Source: Worldoil.com
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