Energy technology company, Baker Hughes and petroleum exploration and production company, Woodside Energy have entered into a memorandum of understanding (MoU) to explore potential business arrangements and initiatives to support Woodside’s climate strategy.
The MoU seeks to identify projects for potential collaboration between the two companies including projects in Australia, Asia and the United States. Baker Hughes will explore how its portfolio of solutions have the potential to support Woodside’s climate strategy including: lower-carbon solutions such as hydrogen, ammonia-fuelled, hybrid and fully electric solutions; emissions detection, measurement and abatement solutions; carbon capture and storage solutions, including CO2 compression, offshore flexible flowline technology, and chemical products; and hydrogen compression, liquefaction and transportation.
Daniel Kalms, executive vice president of technical services for Woodside Energy says: ‘We look forward to working with Baker Hughes to identify technology solutions that could have the potential to support Woodside’s climate strategy.’
‘Collaboration is key to making progress toward emissions reductions 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,’ adds Lorenzo Simonelli, chairman and CEO of Baker Hughes.
