New York-listed Golar LNG has teamed up with US technology provider Black & Veatch (B&V) to collaborate on floating ammonia production, carbon capture, green liquefied natural gas and hydrogen.

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The initial focus of the pair — which already work together in the floating LNG sector — will be on floating ammonia production with carbon capture and storage, which they describe as "floating blue ammonia”.

Golar and B&V aim to publish their findings as they focus on the technical and commercial viability of prospective floating applications of green and blue technologies and areas of interest that they will study further.

Any project development and implementation that builds on these initial studies will be subject to a separate commercial agreement between the two companies.

Golar chief executive Iain Ross said: “Golar looks forward to working with a like-minded and equally capable partner in the field of floating ammonia and hydrogen production, carbon capture, and other decarbonisation initiatives.”

Hoe Wai Cheong, president of B&V’s oil and gas business, said: “Given hydrogen and ammonia’s use in many energy-intensive industries, we can make meaningful progress in lowering the carbon footprint and help these industries meet new sustainability commitments.”

Ammonia is now widely viewed as a potential fuel in the shipping industry and could be sourced from natural gas — blue ammonia — with the resulting carbon dioxide emissions captured and stored.