TechnipFMC, Petronas to commercialize gas processing technology
TechnipFMC and PETRONAS Technology Ventures Sdn Bhd (PTVSB), a subsidiary of PETRONAS, today entered into an agreement to commercialize a unique natural gas processing membrane which reduces GHG emissions.
Through the technology commercialization agreement, TechnipFMC will utilize and integrate the membrane technology licensed from PETRONAS as part of its production portfolio in projects worldwide, outside China.
The technology, which removes CO2 and hydrogen sulfide by using wetted membranes, is 30% more efficient than existing gas treatment processes and can reduce GHG emissions by significant amounts. The membrane has potential applications in both offshore and onshore hydrocarbon production environments.
Luana Duffé, Executive Vice President, New Energy Ventures at TechnipFMC, commented: “Our ability to industrialize processes is at the core of this partnership, which is another important step in TechnipFMC’s efforts to help our clients reduce their upstream carbon footprint.”
Bacho Pilong, Senior Vice President of Project Delivery and Technology at PETRONAS, commented: “We are excited to bring to fruition this innovation which will effectively reduce GHG emissions, together with TechnipFMC as our strategic commercialization partner. We believe this collaboration will inspire more innovative solutions towards cleaner, sustainable energy for a better tomorrow.”
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