- TECNIMONT and Baker Hughes signed an MoU for LNG projects.
- The focus is on modular, scalable LNG solutions.
- The collaboration aims to enhance LNG infrastructure flexibility.
- No specific investment amounts or timelines disclosed.
Collaboration Overview
TECNIMONT and Baker Hughes have signed a Memorandum of Understanding (MoU) to explore cooperation on modularized, scalable liquefied natural gas (LNG) projects globally. This non-exclusive agreement aims to evaluate participation in future LNG tenders using Baker Hughes’ NMBL™ LNG modular solution.
Project Focus
The collaboration will assess project requirements and scopes of work to determine suitable cooperation models. The focus is on providing next-generation LNG solutions by combining TECNIMONT’s expertise in executing complex EPC projects with Baker Hughes’s advanced gas liquefaction and power generation solutions.
Global Energy Context
In the current global energy scenario, LNG is increasingly important as it displaces coal and offers a lower carbon energy source. Modular and scalable solutions are expected to gain significance, providing flexibility and faster time to market. The partnership aims to address the growing demand for efficient, lower-carbon LNG infrastructure that supports energy security and decarbonization.
