Technip Energies and Baker Hughes have announced a memorandum of understanding (MoU) that sets the groundwork for a 1-2 million tons per annum (MTPA) liquefied natural gas (LNG) modularised solution for the onshore market.
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 modularised solutions.
Baker Hughes’ 1 MTPA range LNG Mid-scale Modular Solution (MMS) has a production capacity of 0.8 to 1 MTPA and Technip Energies’ SnapLNGTM has a production capacity of 2 to 3 MTPA.
Arnaud Pieton, CEO of Technip Energies, stated: “Cooperating in advancing technology in LNG with our long-term partner Baker Hughes is an important step for the energy industry and for our clients. The combination of our expertise, modular approach and references will enable shorter delivery times and better affordability.
“Importantly, it reflects Technip Energies’ commitment to deliver low-emission liquefaction solutions through electrification and the elimination of fugitive emissions to accelerate the energy transition.”
Lorenzo Simonelli, Chairman and CEO of Baker Hughes, said: “This agreement is a milestone in our relationship with Technip Energies, and it is mutually beneficial to both companies, leveraging our respective technology expertise and proven track record in the LNG space while maximizing benefits for our customers. LNG will continue to play a key role to solve the energy trilemma, and the ability to accelerate time-to-production through modularized solutions can be a differentiator.”
Technip Energies and Baker Hughes collaborate on LNG solution
