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Technimont and Baker Hughes to collaborate on LNG initiatives

This article was originally posted on Chemical Engineering Online.
Summary
MAIRE announced that its TECNIMONT unit and Baker Hughes signed a non‑exclusive memorandum of understanding to explore collaboration on modular, scalable LNG projects worldwide, including jointly evaluating participation in select opportunities.

Question: What impact could modular, scalable LNG projects have on timelines, costs, and investment decisions compared with traditional large-scale LNG developments?

MAIRE (Milan, Italy; www.groupmaire.com) announced today that TECNIMONT (Integrated E&C Solutions) and Baker Hughes (Houston, Tex.; www.bakerhughes.com), an energy technology company, have signed a non-exclusive memorandum of understanding (MoU) to explore cooperation opportunities on prospective modularized, scalable liquefied natural gas (LNG) projects worldwide. Under the MoU, the two companies will jointly evaluate participation in some […]

The post Technimont and Baker Hughes to collaborate on LNG initiatives appeared first on Chemical Engineering.

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