GE Oil & Gas and Technip have signed a Memorandum of Understanding for a joint project to explore areas to co-develop digital solutions for the LNG industry.
The agreement will have a particular focus on the design and build phase of new Liquefied Natural Gas (LNG) projects.
The two companies will work together to evaluate the application of digital solutions to the engineering, construction, commissioning, startup and operation of LNG facilities.
All solutions under consideration would encompass Technip and GE Oil & Gas expertise in digital tools and be powered by GE’s cloud-based Predix operating system.
This is the first digital collaboration between the world’s first digital industrial company and a leading integrated services and equipment company to explore areas to develop Predix-based solutions.
GE has a strong track record in providing equipment reliability solutions for a number of LNG facilities around the world, through sensors, advanced analytics and diagnostic expertise. Technip brings its unique expertise in the engineering, procurement and construction (EPC) phases of LNG and LNG new frontier projects.
“This partnership is a milestone for the oil and gas industry’s digital journey,” said Rod Christie, president & chief executive of GE’s turbomachinery solutions division.
“Combining our complementary areas of expertise allows us to explore new digital capabilities for LNG that can be applied from the design and build phases all the way through to the operational phases. By embedding digital thinking at the very beginning of project development, we are truly building the digital future of oil and gas.”
Nello Uccelletti, president onshore offshore, at Technip, said: “Together with GE Oil & Gas, we aim to develop digital solutions that create value over the entire life of a project.”
“This marks the next era of digital application development for the oil and gas sector,” said Matthias Heilmann, chief digital officer, GE Oil & Gas. “While we’re seeing digital solutions grow in operations, digitising the design and build phases of projects will unleash an entirely new set of opportunities.”
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