South Korea’s Samsung Engineering and US contractor Baker Hughes are linking up on low-to-zero-carbon projects involving carbon capture, utilisation and storage (CCUS) and hydrogen technologies.
As part of the collaboration, the companies will identify joint business development opportunities for energy and industrial customers to help reduce their emissions.
The duo will initially focus on projects with key South Korean customers both at home and abroad, while also considering expanding to other customers or regions.
“In order to meet the Paris Climate Accords by 2050, energy solutions that utilise hydrogen and CCUS to decarbonise operations are critical,” noted Rod Christie, Baker Hughes executive vice president of turbomachinery and process solutions.
The US contractor could contribute its technologies including compression and NovaLT gas turbines plus flexible pipes for transportation.
Baker Hughes could also bring to the table reservoir studies, well construction services, condition monitoring solutions, and auxiliary solutions such as carbon dioxide compression and liquefaction for CCUS projects.
In tandem, Samsung Engineering plans to provide its engineering, procurement, and construction expertise for low-carbon solutions for projects across refineries, petrochemical plants, and industrial and environmental facilities including for water treatment and air pollution prevention applications.
Pursuing carbon neutrality
“We are excited to partner with a leading technology provider like Baker Hughes to deliver advanced technologies for CCUS and hydrogen to our customers," said Samsung Engineering senior vice president and head of solution business division, Duckkyu Moon.
"We are positioning ourselves as a green solution provider, and we will continue to invest in technology and develop new projects for pursuing carbon neutrality."
Christie added that Baker Hughes is committed to making low to zero-carbon operations a reality for its customers as the company advances “these new energy frontiers”.