Woodside to work with Baker Hughes on low-carbon solutions
Firms will collaborate on hydrogen, CCS and offshore technology projects across various regions
Energy services firm Baker Hughes and Australian gas company Woodside Energy have signed a memorandum of understanding to collaborate on ways to decarbonise the latter’s operations. The two firms will work together on projects across Australia, Asia and the US including the Karratha gas plant, Pluto LNG 2 and the Angel carbon capture and storage (CCS) facility. They will look at clean power technologies including hydrogen compression, liquefaction and transportation; ammonia; batteries; CCS; offshore flexible flowline technology; and chemical products and solutions such as corrosion inhibitors. $5bn – Amount Woodside aims to invest in low-carbon solution “Collaborations provide a pat
Also in this section
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
10 December 2024
Tightened standards have helped improve the outlook for the voluntary carbon market, which is set for a record year and poised for long-term growth