-

Baker Hughes to Provide CO2 Compression Equipment for Santos Moomba Carbon Capture & Storage Project in Australia

  • Baker Hughes will provide proven gas turbine and compressor technology
  • Moomba carbon capture and storage (CCS) project aims to be one of the largest in the world
  • CO2 to be stored permanently and safely in depleted natural gas reservoirs
  • Demonstrates key enabling technology required for future blue hydrogen production

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NASDAQ: BKR), an energy technology company, has been awarded a contract with Santos, a leading natural gas producer in Australia, to supply turbomachinery equipment for the Moomba Carbon Capture and Storage (CCS) project (“Moomba CCS”). The project will serve a gas processing plant and permanently store 1.7 million tonnes of carbon dioxide annually in depleted natural gas reservoirs in the onshore Cooper Basin in South Australia. Baker Hughes will provide gas turbine, compressor and heat recovery steam generator (HRSG) technologies to compress the carbon dioxide (CO2).

The contract follows a 35+ year history of Baker Hughes providing technology and services to Santos for its operations, including turbomachinery and offshore equipment and services. Moomba CCS further progresses the companies’ relationship as Santos evolves its own operations across the energy transition and leverages Baker Hughes’ comprehensive portfolio of carbon capture, utilization, and storage (CCUS) solutions. Specifically, Baker Hughes will provide PGT25+G4 aeroderivative gas turbine, MCL compressor, and BCL compressor technology, which will enable Santos to compress CO2 captured at Moomba CCS for transportation and subsequent injection for storage.

Baker Hughes’ broader CCUS portfolio features advanced turbomachinery, solvent-based state-of-the-art capture processes, well construction and management for CO2 storage, and advanced digital monitoring and industrial asset management solutions.

“This project exemplifies the range of solutions that energy and industrial companies are seeking across the energy transition and how collaboration is needed to lower emissions and enhance efficiencies from their operations,” said Rod Christie, executive vice president of Turbomachinery & Process Solutions at Baker Hughes. “Through our advanced turbomachinery technology, we are supporting Santos to decarbonize natural gas while providing an opportunity to utilize CO2 as a valuable input for producing reliable energy with advanced blue hydrogen.”

The contract for Baker Hughes’ technology lays a foundation for Santos’ future objectives of decarbonizing natural gas, lowering emissions and ultimately producing hydrogen fuel using stored CO2. A final investment decision on the Moomba CCS project was reached in November 2021.

About Baker Hughes

Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions for energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

Contacts

Media Relations

Chiara Toniato
+39 346 382 3419
chiara.toniato@bakerhughes.com

Investor Relations:

Jud Bailey
+1-281-809-9088
investor.relations@bakerhughes.com

Baker Hughes

NASDAQ:BKR

Release Summary
Baker Hughes will provide proven technology for one of the largest planned CCS projects in the world
Release Versions

Contacts

Media Relations

Chiara Toniato
+39 346 382 3419
chiara.toniato@bakerhughes.com

Investor Relations:

Jud Bailey
+1-281-809-9088
investor.relations@bakerhughes.com

More News From Baker Hughes

Baker Hughes Company Announces Second Quarter 2022 Results

LONDON & HOUSTON--(BUSINESS WIRE)--Baker Hughes Company (Nasdaq: BKR) ("Baker Hughes" or the "Company") announced results today for the second quarter of 2022.   Three Months Ended   Variance (in millions except per share amounts) June 30, 2022 March 31, 2022 June 30, 2021   Sequential   Year-over-year Orders $ 5,860   $ 6,837   $ 5,093     (14)%   15% Revenue   5,047     4,835     5,142     4%   (2)% Operating income (loss)   (25 )   279     194     U   U Adjusted operating income (non-GAAP)  ...

Baker Hughes Announces Date for Second Quarter 2022 Earnings Release and Webcast

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NASDAQ: BKR) will hold a webcast on Wednesday, July 20, 2022 to discuss the results for the second quarter ending June 30, 2022. The webcast is scheduled to begin at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). A press release announcing the results will be issued at 7:00 a.m. Eastern Time (6:00 a.m. Central Time). To access the webcast, listeners should visit the Baker Hughes website at: investors.bakerhughes.com. An archived version will be...

Baker Hughes Declares Quarterly Dividend

HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on June 10, 2022 to holders of record on May 31, 2022. About Baker Hughes: Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative techno...
Back to Newsroom