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Maire and Baker Hughes Unite for Global LNG Solutions

Maire and Baker Hughes Unite for Global LNG Solutions

Maire and Baker Hughes Unite for Global LNG Solutions

Maire announces that Tecnimonte, a leading integrated Engineering & Construction solutions provider, has joined forces with Baker Hughes, a pioneer in energy technology. Together, they have signed a non-exclusive Memorandum of Understanding (MoU) to explore joint opportunities on upcoming modular and scalable liquefied natural gas (LNG) projects worldwide.

As part of this collaboration, the companies will evaluate participation in future LNG tenders utilizing Baker Hughes' innovative NMBL™ LNG modular solution for liquefaction projects. This partnership establishes a well-structured framework to assess project requirements, scopes of work, and to identify the most effective cooperation model.

This strategic alliance aims to deliver next-generation LNG solutions by leveraging Tecnimonte's extensive experience in managing complex EPC projects across the energy value chain and Baker Hughes' advanced technologies for gas liquefaction and power generation.

In an era where LNG is pivotal in shifting energy considerations, it is essential for solutions to be modular and scalable. Such approaches not only enhance flexibility but also provide quicker access to the markets. The collaboration intends to meet the increasing demand for efficient, flexible, and low-carbon LNG infrastructure, vital for energy security and the journey towards decarbonization.

Alessandro Bernini, CEO of Maire, remarked that "This collaboration marks a significant advancement in our strategy to adapt global gas value chains with high-efficiency modular solutions. Merging Tecnimonte’s expertise in EPC with Baker Hughes' innovative liquefaction technologies equips us to cater to the rising demand for adaptable LNG solutions that fortify supply and promote a more sustainable energy landscape."

Maire S.p.A. is recognized as a robust technology and engineering group devoted to fostering the Energy Transition. The organization specializes in delivering Integrated E&C Solutions tailored for the downstream market, along with Sustainable Technology Solutions encompassing Sustainable Fertilizers & Nitrogen-Based Fuels, Low-Carbon Energy Vectors, and Circular Solutions. With a presence in over 50 nations, Maire employs about 10,500 professionals, backed by approximately 50,000 individuals actively engaged in various projects worldwide. Listed on the Milan Stock Exchange under the ticker "MAIRE", the company remains committed to driving innovative solutions within the industry.

Frequently Asked Questions

What is the purpose of the MoU between Maire and Baker Hughes?

The MoU aims to explore opportunities for collaboration on modularized, scalable LNG projects globally.

What technologies are being leveraged in this collaboration?

The partnership will utilize Baker Hughes’ NMBL™ LNG modular solution for liquefaction projects.

How does this collaboration support energy security?

It aims to enhance flexibility in LNG infrastructure, which supports energy security and helps to lower carbon emissions.

What sectors does Maire operate in?

Maire focuses on Integrated E&C Solutions, Sustainable Technology Solutions, Sustainable Fertilizers, Low-Carbon Energy Vectors, and Circular Solutions.

What does Maire aim to achieve through this collaboration?

The goal is to adapt global gas value chains with high-efficiency, modular solutions to meet the growing energy demands sustainably.

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