Golar LNG Limited and Black & Veatch (B&V) are set to build on their long-standing floating LNG relationship with a new agreement to work together on floating ammonia production, carbon capture, green LNG and hydrogen.
Before the end of this year, Golar and B&V intend to jointly publish a thought leadership paper on their first area of interest for collaboration: floating ammonia production with carbon capture and storage (or ‘floating blue ammonia’). They will follow this up by focusing on ‘the technical and commercial viability of the most prospective floating applications of the green and blue technologies’.
In a statement issued yesterday (19 November), Golar said that any project development and implementation that follows the initial research and investigation stages will be subject to a separate commercial agreement between the two companies.
Golar CEO Iain Ross commented: ‘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. As a company with an established history of championing and delivering disruptive solutions to problems in its industry, and a serious and continuous commitment to its ESG agenda, Golar looks forward to working with a likeminded and equally capable partner, in the field of floating ammonia and hydrogen production, carbon capture, and other decarbonisation initiatives.’
As previously reported by Bunkerspot, Golar has been playing a role in developing the LNG bunkering market with partners including Avenir LNG.