Bermuda-based Golar LNG and US-based firm Black & Veatch have partnered on floating ammonia production, carbon capture, and other technologies.
Golar LNG has also agreed with Black & Veatch to expand their floating liquefied natural gas (FLNG) relationship in the field of green LNG and hydrogen.
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Golar CEO Iain Ross said: “Replacement of coal, fuel oil and diesel with cleaner burning LNG represents one of the easiest and most cost-effective near-term steps to decarbonise the world’s energy mix.
“Golar and Hygo Energy Transition are extremely well positioned to drive this with their low-cost quick delivery infrastructure solutions and emerging use of BIO LNG. The next step is to plan for a net zero carbon energy mix.”
Within 2020, the two companies plan to jointly publish a ‘thought leadership paper on floating ammonia production’ with carbon capture and storage (CCS).
Golar LNG noted that any project development that follows the ‘initial research and investigation’ phases will be contingent to a ‘commercial agreement’ between Golar and Black & Veatch.
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By GlobalDataBlack & Veatch’s oil and gas business president Hoe Wai Cheong said: “This collaboration builds on years of delivering commercial and technology innovation with Golar, a visionary in monetising natural gas reserves.
“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.”
In July 2016, Golar and Schlumberger joined forces to create a new joint venture ‘OneLNG’ to develop low-cost gas reserves to LNG.
