Baker Hughes and Woodside Energy said March 6 they will work together to develop a lower carbon power generation technology solution using the Net Power platform, focusing on oil and gas, LNG, heavy industries and other smaller-scale applications.

The platform uses natural gas to generate power while capturing nearly all CO2 emissions, Baker Hughes said in a news release.

The technology development agreement will focus on assessing feasibility and industrial market scalability of the platform. The platform is currently undergoing testing at Net Power’s La Porte, Texas, demonstration facility and the company’s planned first utility-scale power plant near Midland, Texas.

“We believe this framework represents the partnerships and collaborations necessary to develop and scale the energy solutions that support decarbonization while also meeting the world’s growing energy demand,” said Alessandro Bresciani, senior vice president of Climate Technology Solutions at Baker Hughes.

Baker Hughes is the exclusive provider of the small-scale application of the platform.

The agreement between Baker Hughes and Woodside builds on a 2022 memorandum of understanding between the two that focused on decarbonizing the natural gas supply chain. The companies plan to bring in other partners to tailor the concept to evolving requirements of different captive power generation segments, according to the news release.

“This work has the potential to bring our technology platform to a broader array of end markets and applications, complementing our utility-scale program and strategy,” said Net Power CEO Danny Rice. “Today’s announcement is a tangible commitment to continue technology innovation and market development for the Net Power platform and to bring ultra-low emissions energy solutions to a power-hungry world.”

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