Memo of understanding extends companies’ relationship, focusing on transformational green energy
As the world accelerates to greener and decarbonized energy solutions, Black & Veatch and Golar LNG announce the expansion of their long-standing collaboration, focusing on broadening floating production of blue and green hydrogen and ammonia.
The memo of understanding between Golar, an operator of carriers for natural gas shipping, and global floating liquefied natural gas (FLNG) solutions leader Black & Veatch reflects the growing sway of hydrogen and ammonia in a sustainable energy economy.
Golar’s deep experience in delivering and operating paradigm-shifting, low-cost floating liquefied natural gas (LNG) infrastructure complements Black & Veatch’s status as a leading provider of LNG technology, an industry force in advancing decarbonization and an expert in green energy technologies.
“This collaboration builds on years of delivering commercial and technology innovation with Golar, a visionary in monetizing natural gas reserves,” said Hoe Wai Cheong, president of Black & Veatch’s oil and gas business. “Given hydrogen and ammonia’s use in many energy-intensive industries we can make meaningful progress in lowering the carbon footprint and help these industries meet new sustainability commitments.”
“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 like-minded and equally capable partner in the field of floating hydrogen and ammonia production, carbon capture, and other decarbonization initiatives,” said Golar CEO Iain Ross.
As the role of hydrogen in the green energy economy continues to expand, Black & Veatch also sees a growing case for ammonia – more energy dense than pure hydrogen, incredibly stable and easily liquified for storage and shipment around the globe in the same fashion as LNG. Ammonia then can be used in multiple energy-intensive industries to produce low-carbon electricity.
- Golar LNG’s Hilli Episeyo, which features Black & Veatch’s patented PRICO© technology solution, is the world's first FLNG vessel developed as a conversion project from an LNG carrier.
- Championing the merits of renewable energy, Black & Veatch in recent weeks has amplified its push for decarbonization, announcing that it is ending its participation in new coal-based power design and construction to focus on clean energy technologies and help clients accelerate their path to net zero.
- Black & Veatch separately announced that it is strengthening its sustainability vision with sweeping new pledges aligning with the United Nations’ Sustainable Development Goals (SDGs) and global best practices, including the company’s commitment to be carbon neutral by 2025.
- Black & Veatch – an expert in ammonia-related projects – also recently has joined the Ammonia Energy Association trade group, seeing an expanding role for the chemical compound in a low-carbon landscape..
About Black & Veatch
Black & Veatch is an employee-owned engineering, procurement, consulting and construction company with a more than 100-year track record of innovation in sustainable infrastructure. Since 1915, we have helped our clients improve the lives of people in over 100 countries by addressing the resilience and reliability of our world's most important infrastructure assets. Our revenues in 2019 were US$3.7 billion. Follow us on www.bv.com and on social media.