Baker Hughes, Woodside Energy announce collaboration framework

Baker Hughes (BKR) and Woodside Energy (WDS) announced Thursday a joint initiative to develop a lower carbon power generation technology solution utilizing the Net Power (NPWR) platform that is specifically designed for oil and gas, heavy industries and other smaller scale applications. “We are excited to continue our collaboration with Baker Hughes and leverage their leading-edge technology and our combined engineering and CCUS capabilities to explore and develop lower-carbon emissions alternative power solutions using Net Power’s platform,” said Woodside Executive Vice President Technical and Energy Development Julie Fallon. “This agreement further strengthens our long-standing relationship across the natural gas value chain and our shared journey in the energy transition.”